Orion Office REIT (NYSE:ONL) Releases FY 2024 Earnings Guidance

Orion Office REIT (NYSE:ONL) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.970-1.010 for the period, compared to the consensus estimate of 0.960. The company issued revenue guidance of -.

Orion Office REIT Trading Down 2.3 %

Orion Office REIT stock traded down $0.09 during trading hours on Friday, reaching $3.76. 362,335 shares of the company’s stock were exchanged, compared to its average volume of 448,408. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.55. The firm’s 50 day simple moving average is $3.68 and its 200 day simple moving average is $3.78. Orion Office REIT has a twelve month low of $3.01 and a twelve month high of $6.69. The firm has a market capitalization of $210.07 million, a PE ratio of -2.83 and a beta of 0.98.

Wall Street Analyst Weigh In

Separately, JMP Securities reissued a market perform rating on shares of Orion Office REIT in a research report on Tuesday, June 11th.

Orion Office REIT Company Profile

Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants.