14.3 C
New York
Tuesday, March 21, 2023

An Evaluation Of Orion Office REIT Inc. (NYSE: ONL) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Orion Office REIT Inc. (ONL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.34, or 4.23%, to $8.38. The Orion Office REIT Inc. has recorded 20,000 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Orion Office REIT Inc. Announces Tax Treatment of 2022 Dividends.


From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".

Sponsored

Stocks Info

ONL belongs to the Real Estate sector of the NYSE while operating in the REIT – Office industry. At the end of the last regular session, the stock closed at $8.04 and fluctuated between $8.29 as its day high and $8.00 as its day low. The current market capitalization of Orion Office REIT Inc. is $468.01M. A total of 0.7 million shares were traded on the day, compared to an average of 429.99K shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, ONL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 10 BUYs and 5 SELLs from insiders. Insiders purchased 117,372 shares during that period but sold 2,177.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. ONL’s most recent ex-dividend date was 12/29/2022 when it declared a $0.10 quarterly dividend that was paid in cash on 1/17/2023. Previously, the company paid the dividend on 10/17/2022 with an ex-dividend date of 9/29/2022. The ONL stock dividend was $0.10 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for ONL in the last 3 months, the mean price target is $13.00 with high estimates of $13.00 and low estimates of $13.00. In terms of 52-week highs and lows, ONL has a high of $18.21 and a low of $8.20.

As of this writing, ONL has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0. The company reported an EPS of -$0.27 in the last quarter, which was -80.00% lower than expectations of -$0.15.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 2 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ONL is Buy with a score of 4.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles