Orion Properties Inc. (ONL)

NYSE: ONL · Real-Time Price · USD
2.670
+0.130 (5.12%)
At close: Apr 28, 2026, 4:00 PM EDT
2.660
-0.010 (-0.37%)
After-hours: Apr 28, 2026, 4:59 PM EDT
5.12%
Market Cap 151.74M
Revenue (ttm) 135.83M
Net Income (ttm) -139.31M
Shares Out 56.83M
EPS (ttm) -2.48
PE Ratio n/a
Forward PE n/a
Dividend $0.08 (3.00%)
Ex-Dividend Date Mar 31, 2026
Volume 856,592
Open 2.530
Previous Close 2.540
Day's Range 2.521 - 2.680
52-Week Range 1.630 - 3.050
Beta 1.40
Analysts Buy
Price Target 3.00 (+12.36%)
Earnings Date May 7, 2026

About ONL

Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants. The company’s team of experienced industry leaders employs a proven, cycle-tested investment evaluation framework which serves as the lens through which capital allocation decisions are made for the current portfolio and future acquisitions. [Read more]

Industry REIT - Office
Sector Real Estate
Founded 2021
Employees 37
Stock Exchange NYSE
Ticker Symbol ONL
Full Company Profile

Financial Performance

In 2025, Orion Properties's revenue was $135.83 million, a decrease of -17.24% compared to the previous year's $164.12 million. Losses were -$139.31 million, 35.2% more than in 2024.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for ONL stock is "Buy." The 12-month stock price target is $3.0, which is an increase of 12.36% from the latest price.

Price Target
$3.0
(12.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Orion Properties Inc. Announces First Quarter 2026 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) which owns a diversified portfolio of single-tenant net...

15 days ago - Business Wire

Orion Properties Earnings Call Transcript: Q4 2025

Leasing momentum and portfolio stabilization drove improved lease rates and occupancy in 2025, despite lower revenues and FFO. Strategic asset sales and acquisitions shifted the portfolio toward dedicated use assets, while refinancing extended debt maturities and enhanced liquidity.

7 weeks ago - Transcripts

Orion Properties Inc. Announces Fourth Quarter and Full Year 2025 Results

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) which owns a diversified portfolio of single-tenant net...

7 weeks ago - Business Wire

Orion Properties Inc. Positioned For Continued Business Plan Execution With New $215 Million Revolving Facility and Extension of $355 Million CMBS Loan

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (“Orion” or the “Company”) (NYSE: ONL) today announced that it has entered into a new $215 million senior secured revolving credit facility and extended...

2 months ago - Business Wire

Orion Properties Inc. Announces Tax Treatment of 2025 Dividends

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) which owns a diversified portfolio of single-tenant net...

3 months ago - Business Wire

Orion Properties Announces Strategic Options Review Process to Maximize Stockholder Value

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (“Orion” or the “Company”) (NYSE: ONL) today announced a strategic options review process and a cooperation agreement (the “Cooperation Agreement”) sign...

3 months ago - Business Wire

Orion Properties Inc. Announces Fourth Quarter and Full Year 2025 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) which owns a diversified portfolio of single-tenant net...

3 months ago - Business Wire

Orion Properties Announces that Director Nomination Notice from Kawa is Invalid

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) today announced that the notice submitted by The Kawa Fund Limited (together with its affiliates, “Kawa”), which ...

5 months ago - Business Wire

Orion Properties Confirms Receipt of Director Nominees

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) today confirmed that it has received notice from Kawa Capital Management (“Kawa”) that Kawa has nominated five in...

5 months ago - Business Wire

Orion Properties Earnings Call Transcript: Q3 2025

Leasing and portfolio transformation drove improved stability, with 303,000 sq ft leased in Q3 and over $110 million in property sales. Raised core FFO guidance to $0.74-$0.76/share, with 2025 expected as the earnings trough before growth resumes in 2026.

6 months ago - Transcripts

Orion Properties Inc. Announces Third Quarter 2025 Results

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) which owns a diversified portfolio of single-tenant net...

6 months ago - Business Wire

Orion Properties Inc. Announces Third Quarter 2025 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust which owns a diversified portfolio of single-tenant net lease of...

7 months ago - Business Wire

Orion Properties Earnings Call Transcript: Q2 2025

Leasing momentum remained strong with 639,000 sq ft completed and occupancy rising to 77.4%. Revenues and core FFO declined year-over-year, but guidance for 2025 core FFO was raised. Asset sales and a shift toward dedicated use assets are accelerating portfolio transformation.

9 months ago - Transcripts

Orion Properties Inc. Announces Second Quarter 2025 Results

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) which owns a diversified portfolio of single-tenant net...

9 months ago - Business Wire

Orion Properties Board of Directors Unanimously Rejects Revised Proposal from Kawa Capital Management

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) today announced that the Company's Board of Directors unanimously concluded that the revised non-binding acquisit...

9 months ago - Business Wire

Orion Properties Inc. Confirms Receipt of Revised Unsolicited Non-Binding Indication of Interest from Kawa Capital Management

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) confirmed its receipt today of a revised unsolicited, non-binding indication of interest from Kawa Capital Manage...

10 months ago - Business Wire

Orion Properties Inc. Announces Second Quarter 2025 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. Announces Second Quarter 2025 Earnings Release and Webcast Dates.

10 months ago - Business Wire

Orion Properties Board of Directors Unanimously Rejects Unsolicited Proposal from Kawa Capital Management

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) today announced that the Company's Board of Directors unanimously concluded that the acquisition proposal to acqu...

10 months ago - Business Wire

Orion Properties Inc. Confirms Receipt of Unsolicited Non-Binding Indication of Interest from Kawa Capital Management

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) confirmed its receipt today of an unsolicited, non-binding indication of interest from Kawa Capital Management, I...

11 months ago - Business Wire

Orion Properties Earnings Call Transcript: Q1 2025

Leasing momentum continued with over 450,000 sq ft signed, but revenues and core FFO declined year-over-year due to vacancies and market headwinds. Portfolio repositioning toward dedicated use assets and asset sales support long-term stability, with 2025 guidance reaffirmed.

1 year ago - Transcripts

Orion Properties Inc. Announces First Quarter 2025 Results

PHOENIX, Ariz.--(BUSINESS WIRE)--Orion Properties Inc. Announces First Quarter 2025 Results.

1 year ago - Business Wire

Orion Properties Inc. Provides 2025 Year-to-Date Highlights and Sets First Quarter 2025 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. Provides 2025 Year-to-Date Highlights and Sets First Quarter 2025 Earnings Release and Webcast Dates.

1 year ago - Business Wire

Top 3 Real Estate Stocks Which Could Blast Off This Quarter

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: FVR
1 year ago - Benzinga

Orion Properties Earnings Call Transcript: Q4 2024

Leasing momentum improved in 2024, with a strategic shift toward dedicated use assets and aggressive asset sales of traditional office properties. Financial results reflect lower revenues and FFO, but guidance anticipates stabilization in 2025–2026 and growth from 2027.

1 year ago - Transcripts

Orion Office REIT Inc. Changes Name to Orion Properties and Reports Fourth Quarter and Full Year 2024 Results

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. Changes Name to Orion Properties and Reports Fourth Quarter and Full Year 2024 Results.

1 year ago - Business Wire