Orion Office REIT (NYSE:ONL) Announces Earnings Results

Orion Office REIT (NYSE:ONL) announced its quarterly earnings data on Thursday. The company reported ($0.64) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.51), FiscalAI reports. The business had revenue of $35.22 million for the quarter, compared to analyst estimates of $36.18 million. Orion Office REIT had a negative net margin of 90.36% and a negative return on equity of 18.73%. Orion Office REIT updated its FY 2026 guidance to 0.690-0.760 EPS.

Orion Office REIT Price Performance

ONL stock traded up $0.05 on Thursday, reaching $2.55. 266,837 shares of the company’s stock were exchanged, compared to its average volume of 255,444. The stock has a fifty day moving average of $2.35 and a 200-day moving average of $2.47. Orion Office REIT has a twelve month low of $1.46 and a twelve month high of $3.29. The firm has a market cap of $143.59 million, a PE ratio of -1.05 and a beta of 1.37. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.73.

Hedge Funds Weigh In On Orion Office REIT

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Gabelli Funds LLC purchased a new position in shares of Orion Office REIT in the 2nd quarter valued at about $26,000. Hudson Bay Capital Management LP acquired a new position in Orion Office REIT during the second quarter worth about $30,000. SmartHarvest Portfolios LLC acquired a new position in Orion Office REIT during the fourth quarter worth about $35,000. Jain Global LLC purchased a new position in Orion Office REIT in the fourth quarter valued at about $49,000. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Orion Office REIT during the 2nd quarter valued at approximately $62,000. 79.95% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. JonesTrading raised Orion Office REIT from a “hold” rating to a “buy” rating and set a $3.00 price target on the stock in a research report on Monday, January 26th. Weiss Ratings restated a “sell (d-)” rating on shares of Orion Office REIT in a research note on Thursday, January 22nd. Finally, Wall Street Zen raised Orion Office REIT from a “sell” rating to a “hold” rating in a report on Saturday, January 10th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $3.00.

About Orion Office REIT

Orion Office REIT is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of Class A office properties across high-growth U.S. markets. The company focuses on suburban and infill locations, targeting properties with strong tenant credit profiles and long-term lease structures. Its business strategy emphasizes active asset management, capital recycling and selective development to enhance income stability and potential total return for shareholders.

Orion Office REIT debuted on the New York Stock Exchange under the ticker ONL following a spin-off from Government Properties Income Trust in June 2021, though many of its core assets trace back to acquisitions made as early as 2013.