Orion Office REIT (NYSE:ONL) Posts Earnings Results, Misses Expectations By $0.51 EPS

Orion Office REIT (NYSE:ONL) posted its quarterly earnings data on Thursday. The company reported ($0.64) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.51), FiscalAI reports. The business had revenue of $35.22 million during 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 Stock Performance

Shares of Orion Office REIT stock traded up $0.05 on Thursday, reaching $2.55. 266,837 shares of the company traded hands, compared to its average volume of 255,444. The firm has a market capitalization of $143.59 million, a PE ratio of -1.05 and a beta of 1.37. The company has a 50 day moving average of $2.35 and a 200 day moving average of $2.47. Orion Office REIT has a 52 week low of $1.46 and a 52 week high of $3.29. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.37 and a quick ratio of 2.37.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Orion Office REIT

A number of large investors have recently made changes to their positions in ONL. J. Goldman & Co LP increased its position in Orion Office REIT by 141.9% during the 4th quarter. J. Goldman & Co LP now owns 2,158,925 shares of the company’s stock valued at $4,879,000 after buying an additional 1,266,263 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Orion Office REIT by 0.8% in the fourth quarter. Renaissance Technologies LLC now owns 1,685,800 shares of the company’s stock worth $3,810,000 after buying an additional 14,200 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Orion Office REIT by 43.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 983,664 shares of the company’s stock valued at $2,095,000 after buying an additional 299,309 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Orion Office REIT by 872.9% in the 2nd quarter. Jane Street Group LLC now owns 832,721 shares of the company’s stock valued at $1,774,000 after acquiring an additional 747,127 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Orion Office REIT by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 613,061 shares of the company’s stock valued at $1,386,000 after acquiring an additional 4,666 shares during the period. 79.95% of the stock is currently owned by institutional investors.

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.