Market Momentum Report: Office Properties Income Trust (OPI)’s Positive Close at 2.09

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

The price of Office Properties Income Trust (NASDAQ: OPI) closed at $2.09 in the last session, up 3.98% from day before closing price of $2.01. In other words, the price has increased by $3.98 from its previous closing price. On the day, 0.9 million shares were traded. OPI stock price reached its highest trading level at $2.15 during the session, while it also had its lowest trading level at $1.995.

Ratios:

We take a closer look at OPI’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 2.06 whereas as Long-Term Debt/Eq ratio is at 1.62.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on March 07, 2023, Downgraded its rating to Underperform and sets its target price to $14 from $16 previously.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPI now has a Market Capitalization of 101896904 and an Enterprise Value of 2662191104. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 0.08. Its current Enterprise Value per Revenue stands at 4.99 whereas that against EBITDA is 8.805.

Stock Price History:

The Beta on a monthly basis for OPI is 1.15, which has changed by -0.6499163 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, OPI has reached a high of $8.80, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is -8.24%, while the 200-Day Moving Average is calculated to be -56.73%.

Shares Statistics:

According to the various share statistics, OPI traded on average about 1.21M shares per day over the past 3-months and 609380 shares per day over the past 10 days. A total of 48.76M shares are outstanding, with a floating share count of 47.72M. Insiders hold about 2.13% of the company’s shares, while institutions hold 64.90% stake in the company. Shares short for OPI as of 1713139200 were 8215356 with a Short Ratio of 6.81, compared to 1710460800 on 7439978. Therefore, it implies a Short% of Shares Outstanding of 8215356 and a Short% of Float of 21.93.

Dividends & Splits

The forward annual dividend rate for OPI is 0.52, which was 0.76 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.37810946The stock’s 5-year Average Dividend Yield is 13.66.

Earnings Estimates

On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was $0.13. The consensus estimate for the next quarter is -$0.43, with high estimates of -$0.43 and low estimates of -$0.43.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is -$1.81, with 2 analysts recommending between -$1.54 and -$2.08.

Revenue Estimates

According to 1 analysts, the current quarter’s revenue is expected to be $133.77M. It ranges from a high estimate of $133.11M to a low estimate of $133.11M. As of the current estimate, Office Properties Income Trust’s year-ago sales were $127.92MFor the next quarter, 1 analysts are estimating revenue of $129.77M. There is a high estimate of $129.77M for the next quarter, whereas the lowest estimate is $129.77M.

A total of 2 analysts have provided revenue estimates for OPI’s current fiscal year. The highest revenue estimate was $532.89M, while the lowest revenue estimate was $532.72M, resulting in an average revenue estimate of $533.55M. In the same quarter a year ago, actual revenue was $554.27MBased on 3 analysts’ estimates, the company’s revenue will be $509.31M in the next fiscal year. The high estimate is $521.85M and the low estimate is $488.22M.

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