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Sunday, April 2, 2023

Office Properties Income Trust (OPI) Is Not Likely To Be The Same Tomorrow

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Office Properties Income Trust (OPI) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $15.09. The Office Properties Income Trust has recorded 1,381 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Office Properties Income Trust Announces Fourth Quarter 2022 Results.

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Stocks Info

The company is listed on the NASDAQ and operates within the REIT – Office industry segment. At the end of the last regular session, the stock closed at $15.09 and fluctuated between $15.19 as its day high and $14.83 as its day low. The current market capitalization of Office Properties Income Trust is $729.00M. A total of 0.55 million shares were traded on the day, compared to an average of 443.07K shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, OPI 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 15 BUYs and 6 SELLs from insiders. Insiders purchased 68,900 shares during that period but sold 15,063.

In the most recent transaction, Talley Mark A. bought 400 shares of OPI for 19.81 per share on May 11. After the transaction, the Director now owns 400 company shares.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. OPI’s most recent ex-dividend date was 1/20/2023 when it declared a $0.55 quarterly dividend that was paid in cash on 2/16/2023. Previously, the company paid the dividend on 11/17/2022 with an ex-dividend date of 10/21/2022. The OPI stock dividend was $0.55 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for OPI in the last 3 months, the mean price target is $16.25 with high estimates of $27.00 and low estimates of $11.00. In terms of 52-week highs and lows, OPI has a high of $26.22 and a low of $12.17.

As of this writing, OPI has an earnings estimate of -$0.03 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.03 per share and a lower estimate of -$0.03. The company reported an EPS of -$0.33 in the last quarter, which was -120.00% lower than expectations of -$0.15.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 4 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 OPI is Buy with a score of 2.67. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 2 thought it should be Sold.

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