Orion Office REIT (NYSE:ONL) Updates FY 2026 Earnings Guidance

Orion Office REIT (NYSE:ONL) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.720-0.770 for the period. The company issued revenue guidance of -.

Orion Office REIT Price Performance

NYSE ONL opened at $2.60 on Friday. Orion Office REIT has a 1 year low of $1.89 and a 1 year high of $3.05. The company has a fifty day simple moving average of $2.77 and a 200 day simple moving average of $2.59. The company has a current ratio of 3.06, a quick ratio of 3.06 and a debt-to-equity ratio of 0.81. The company has a market cap of $147.93 million, a P/E ratio of -1.02 and a beta of 1.57.

Orion Office REIT (NYSE:ONL) last released its earnings results on Thursday, August 6th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.49. Orion Office REIT had a negative net margin of 98.36% and a negative return on equity of 21.88%. The firm had revenue of $34.30 million during 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.

Orion Office REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.02 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.1%. Orion Office REIT’s dividend payout ratio is currently -3.12%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on ONL shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Orion Office REIT in a research report on Friday, July 17th. JonesTrading upped their price target on Orion Office REIT from $3.00 to $3.50 and gave the company a “buy” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $3.50.

Hedge Funds Weigh In On Orion Office REIT

Several hedge funds and other institutional investors have recently modified their holdings of ONL. J. Goldman & Co LP raised its position in Orion Office REIT by 141.9% in the 4th 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. Jane Street Group LLC raised its stake in shares of Orion Office REIT by 872.9% in the second quarter. Jane Street Group LLC now owns 832,721 shares of the company’s stock worth $1,774,000 after acquiring an additional 747,127 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Orion Office REIT by 43.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 983,664 shares of the company’s stock worth $2,095,000 after purchasing an additional 299,309 shares in the last quarter. Susquehanna International Group LLP lifted 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 purchasing an additional 278,244 shares in the last quarter. Finally, 683 Capital Management LLC bought a new stake in shares of Orion Office REIT during the fourth quarter valued at approximately $470,000. Institutional investors own 79.95% of the company’s stock.

Orion Office REIT Company Profile

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.