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

Orion Office REIT (NYSE:ONL) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.690-0.760 for the period, compared to the consensus EPS estimate of 0.000. The company issued revenue guidance of -.

Analysts Set New Price Targets

ONL has been the topic of several analyst reports. Wall Street Zen raised Orion Office REIT from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. JonesTrading raised shares of Orion Office REIT from a “hold” rating to a “buy” rating and set a $3.00 price objective on the stock in a research note on Monday, January 26th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Orion Office REIT in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Orion Office REIT currently has an average rating of “Hold” and a consensus target price of $3.00.

Orion Office REIT Stock Performance

Shares of ONL traded up $0.05 during midday trading on Thursday, hitting $2.55. 266,792 shares of the stock traded hands, compared to its average volume of 254,843. The company has a debt-to-equity ratio of 0.73, a quick ratio of 2.37 and a current ratio of 2.37. Orion Office REIT has a 1-year low of $1.46 and a 1-year high of $3.29. The business’s 50 day moving average price is $2.35 and its two-hundred day moving average price is $2.47. The firm has a market capitalization of $143.59 million, a PE ratio of -1.05 and a beta of 1.37.

Orion Office REIT (NYSE:ONL) last posted its earnings results on Thursday, March 5th. The company reported ($0.64) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.51). The firm had revenue of $35.22 million for 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 has set its FY 2026 guidance at 0.690-0.760 EPS.

Institutional Investors Weigh In On Orion Office REIT

Several hedge funds and other institutional investors have recently bought and sold shares of ONL. Geode Capital Management LLC boosted its stake in shares of Orion Office REIT by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 613,061 shares of the company’s stock valued at $1,386,000 after buying an additional 4,666 shares during the period. Raymond James Financial Inc. raised its holdings in Orion Office REIT by 1.7% in the 2nd quarter. Raymond James Financial Inc. now owns 305,109 shares of the company’s stock worth $650,000 after acquiring an additional 5,242 shares during the period. Tower Research Capital LLC TRC boosted its stake in Orion Office REIT by 63.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 30,617 shares of the company’s stock valued at $65,000 after purchasing an additional 11,840 shares during the period. Gabelli Funds LLC acquired a new stake in shares of Orion Office REIT in the second quarter worth $26,000. Finally, Hudson Bay Capital Management LP bought a new position in shares of Orion Office REIT during the 2nd quarter worth about $30,000. 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.