Orion Office REIT Inc. (ONL) To Go Ex-Dividend on September 30th

Orion Office REIT Inc. (NYSE:ONLGet Free Report) declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.02 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Wednesday, September 30th.

Orion Office REIT Price Performance

Shares of NYSE ONL opened at $2.60 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 3.06 and a quick ratio of 3.06. Orion Office REIT has a 1-year low of $1.89 and a 1-year high of $3.05. The company has a market capitalization of $147.93 million, a price-to-earnings ratio of -1.02 and a beta of 1.57. The business has a 50-day moving average of $2.77 and a 200-day moving average of $2.59.

Orion Office REIT (NYSE:ONLGet Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of ($0.07) by $0.49. Orion Office REIT had a negative return on equity of 21.88% and a negative net margin of 98.36%.The firm had revenue of $34.30 million for the quarter, compared to analyst estimates of $34.16 million. Orion Office REIT has set its FY 2026 guidance at 0.720-0.770 EPS.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. J. Goldman & Co LP grew its holdings in shares of Orion Office REIT by 141.9% during the fourth quarter. J. Goldman & Co LP now owns 2,158,925 shares of the company’s stock valued at $4,879,000 after purchasing an additional 1,266,263 shares during the last quarter. Rangeley Capital LLC bought a new stake in shares of Orion Office REIT in the 1st quarter worth approximately $1,967,000. Jane Street Group LLC boosted its position in Orion Office REIT by 872.9% during the 2nd quarter. Jane Street Group LLC now owns 832,721 shares of the company’s stock valued at $1,774,000 after purchasing an additional 747,127 shares during the period. Arrowstreet Capital Limited Partnership boosted its position 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 purchasing an additional 299,309 shares during the period. Finally, Susquehanna International Group LLP grew its position in shares of Orion Office REIT by 197.6% during the third quarter. Susquehanna International Group LLP now owns 419,053 shares of the company’s stock worth $1,131,000 after acquiring an additional 278,244 shares during the last quarter. Institutional investors and hedge funds own 79.95% of the company’s stock.

About Orion Office REIT

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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.

See Also

Dividend History for Orion Office REIT (NYSE:ONL)

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