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Orion Office Reit Inc   (ONL)
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Price: $4.3200 $-0.10 -2.262%
Day's High: $4.41 Week Perf: -8.28 %
Day's Low: $ 4.29 30 Day Perf: -19.7 %
Volume (M): 442 52 Wk High: $ 8.68
Volume (M$): $ 1,907 52 Wk Avg: $5.81
Open: $4.40 52 Wk Low: $4.29



 Market Capitalization (Millions $) 244
 Shares Outstanding (Millions) 57
 Employees 36
 Revenues (TTM) (Millions $) 172
 Net Income (TTM) (Millions $) -60
 Cash Flow (TTM) (Millions $) 16
 Capital Exp. (TTM) (Millions $) 2

Orion Office Reit Inc
Orion Office REIT Inc. is a real estate investment trust (REIT) specializing in the ownership and management of office properties throughout the United States. The company's headquarters are located in Scottsdale, Arizona, and it was founded in 2016.

The company's portfolio consists of a diverse mix of properties, including suburban office buildings, urban high-rise office towers, and medical office buildings. These properties are located in major metropolitan areas across the country, such as Atlanta, Chicago, Dallas, Denver, Houston, and Phoenix.

Orion Office REIT Inc. is focused on acquiring properties that offer stable cash flows and long-term growth potential. The company's investment strategy is centered on identifying undervalued assets, improving their operational efficiency, and increasing their profitability through lease renewals and tenant retention.

In addition to acquiring and managing properties, Orion Office REIT Inc. offers a range of property management services, including leasing, tenant services, property maintenance, and capital improvements. The company's experienced management team has a track record of successfully maximizing returns on investment through careful property selection, stringent asset management, and strategic planning.

Orion Office REIT Inc. is committed to maintaining a strong balance sheet and providing consistent dividends to its shareholders. The company's financials are strong, with a debt-to-equity ratio of 0.83 and a current dividend yield of 39%.

Overall, Orion Office REIT Inc. is a well-run REIT with a diversified portfolio of office properties across the country. The company's focus on operational efficiency and long-term growth make it an attractive investment for investors looking for exposure to the US office real estate market.


   Company Address: 2398 E. Camelback Road, Suite 1060 Phoenix 85016 AZ
   Company Phone Number: 698-1002   Stock Exchange / Ticker: NYSE ONL
   ONL is expected to report next financial results on March 07, 2024.


   

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Orion Office Reit Inc

Orion Office Reit Inc announces surprising single-digit revenue decline during Q3 2023, raising eyebrows in the market

Lower demand in the third quarter of 2023 has resulted in diminishing revenue and an increased shortfall for Orion Office Reit Inc. The company reported a loss of $-0.29 per share, while revenue dropped by -7.101% to $41.59 million compared to the previous year. This is in contrast to the overall Real Estate Investment Trusts (REITs) sector, which posted a 4.58% rise in revenue during the same period.
In the previous quarter, Orion Office Reit Inc realized revenue of $44.20 million and a bottom line of $-0.28 per share. However, in the third quarter of 2023, the company reported a net shortfall of $-16.507 million, an improvement from the $-53.029 million deficit in the corresponding quarter a year ago.

Orion Office Reit Inc

Orion Office Reit Inc Maintains Resilient Revenue Performance in Challenging Q2 2023 Earnings Season

The stock market is a dynamic and ever-changing landscape that is often influenced by a multitude of factors. Today, we have the opportunity to explore the financial second quarter of 2023 for Orion Office Reit Inc and gain insights into its performance.
Although the numbers may seem alarming at first glance, it is crucial to analyze the context and look beyond the surface. In the financial second quarter of 2023, declining orders resulted in a deficit for Orion Office Reit Inc. However, it is important to note that revenue only experienced a slight decrease of -1.614% to $44.20 million. While this may not be an ideal scenario, it is encouraging to see that the company was able to maintain a considerable amount of revenue despite the challenges faced.

Orion Office Reit Inc

Orion Office Reit Inc Faces Revenue Decline and Net Loss in Q1 2023, But Remains Resilient for Future Growth

Orion Office Reit Inc is a real estate investment trust that acquires and manages commercial properties. The company specializes in owning and managing office buildings located in major metropolitan areas in the United States.
While revenue per employee fell on a trailing twelve months basis to $4,899,583, this is not necessarily a cause for alarm. The company's overall ranking has deteriorated compared to the fourth quarter of 2022, but it is still above average compared to its peers within the financial sector. It is worth noting that 40 other companies within Orion Office Reit Inc's industry have achieved higher revenue per employee.
Although the company has experienced a decrease in revenue and a net loss for the fiscal time-frame closing March 31, 2023, Orion Office Reit Inc is expected to report its next financial results on August 02, 2023. This presents an opportunity for the company to rebound, learn from its mistakes, and develop a strategic plan to improve its financial performance moving forwardIt is important to note that the real estate market, in general, can be volatile and sensitive to economic factors such as interest rates and market demand. However, with the increasing demand for office spaces as restrictions due to the pandemic decrease, Orion Office Reit Inc has a chance to recover its financial performance.
In summary, while Orion Office Reit Inc has experienced some setbacks in its financial performance, it remains a viable player in the commercial real estate sector. With its focused approach on owning and managing office buildings in major metropolitan areas, the company is well-positioned to capitalize on market conditions and rebound from its recent financial setbacks. Investors should keep a close eye on the company's financial results and strategy moving forward to make informed decisions.






 

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