JMP Securities analyst Mitch Germain reiterates Orion Office REIT (NYSE:ONL) with a Market Perform.

U.S. home prices surged to a new peak in March 2024, recording the highest annual growth rate in over a year. The S&P CoreLogic Case-Shiller 20-city home price index — a key gauge to track the home prices of typical single-family units in the U.S. — increased by 7.4% year-on-year, notching the highest rise since October 2022 and surpassing market expectations of 7.3%. This marked the ninth consecutive month of rising home prices. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, which encompasses all nine U.S. census divisions, recorded a 6.5% annual gain in March, matching the increase from the previous month. The 10-City Composite saw an annual increase of 8.2%,

Orion Office REIT (NYSE:ONL) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.29 by 24.14 percent. This is a 20 percent decrease over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $46.995 million which beat the analyst consensus estimate of $41.700 million by 12.70 percent. This is a 5.99 percent decrease over sales of $49.990 million the same period last year.

U.S. residential home prices accelerated in February. Prices defied the gravitational pull of high mortgage costs and surpassed analysts’ expectations as reduced supply and robust economic momentum continued to drive up property valuations. U.S. house prices saw a 1.2% month-over-month growth in February 2024, the largest increase in a single month since April 2022, significantly outpacing expectations of a 0.1% growth, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). Home Prices ‘Rebounded’ Across the nine census divisions, the seasonally adjusted monthly price changes from January 2024 to February 2024 ranged from

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. Office Properties Income Trust (NASDAQ:OPI) On Feb. 15, Office Props IT posted upbeat quarterly sales. The company’s stock fell a

A staggering $929 billion of commercial real estate (CRE) mortgages are on the brink of maturity in 2024, representing nearly a fifth of the sector’s overall $4.7 trillion debt, data from Goldman Sachs revealed Wednesday. This critical insight comes at a time when the CRE debt market grapples with double-digit interest rates, exceeding 12%, complicating refinancing efforts for industry players. The big question that is looming: Will the CRE sector weather the storm, or will the ticking debt time bomb detonate widespread financial spillovers? 2023: A Year of Dwindling Transactions and Rising Delinquencies The U.S. CRE market’s transaction volumes have plummeted, with January witne

- Completed 832,000 Square Feet of Leasing Year-to-Date, Including 254,000 Square Feet in the Quarter - - Acquired One 97,000 Square Foot Property in San Ramon, California for $34.6 Million - - Declares Dividend for Fourth Quarter 2024 - - Updated 2024 Outlook - Orion Office REIT Inc. (NYSE:ONL) ("Orion" or the "Company"), a fully-integrated real estate investment trust ("REIT") focused on the ownership, acquisition and management of a diversified portfolio of single-tenant net lease office properties located across the United States, announced today its operating results for the third quarter ended September 30, 2024. Paul McDowell, Orion's Chief Executive Officer, commented, "We are

Orion Office REIT Inc. (NYSE:ONL) ("Orion" or the "Company"), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of a diversified portfolio of single-tenant net lease office properties located across the United States, announced today that it will release its operating results for the third quarter ended September 30, 2024 after market close on Thursday, November 7, 2024. Webcast and Conference Call Information Orion will host a webcast and conference call to review its results at 10:00 a.m. ET on Friday, November 8, 2024. The webcast and call will be hosted by Paul McDowell, Chief Executive Officer and President, and Gavin Brandon, Chief F

- Completed 470,000 Square Feet of Leasing and an Additional 55,000 Square Feet Subsequent to Quarter End Bringing Total Leasing 2024 Year-to-Date to 633,000 Square Feet and Since Spin to 2.4 Million Square Feet - - Sold One Vacant Property Bringing Total Properties Sold Since the Spin to 18 and 1.9 Million Square Feet - - Repaid $9.0 Million in Debt Obligations Bringing Total Since Spin to $158.0 Million - - Declares Dividend of $0.10 Per Share for Second Quarter 2024 - - Narrows 2024 Guidance Range on Key Metrics - Orion Office REIT Inc. (NYSE:ONL) ("Orion" or the "Company"), a fully-integrated real estate investment trust ("REIT") focused on the ownership, acquisition and management of

Orion Office REIT Inc. (NYSE:ONL) ("Orion" or the "Company"), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of a diversified portfolio of single-tenant net lease office properties located across the U.S., announced today that it will release its operating results for the second quarter of 2024 after market close on Thursday, August 8, 2024. Webcast and Conference Call Information Orion will host a webcast and conference call to review its financial results at 10:00 a.m. ET on Friday, August 9, 2024. The webcast and call will be hosted by Paul McDowell, Chief Executive Officer and President, and Gavin Brandon, Chief Financial Officer

- Completed 108,000 Square Feet of Leasing and an Additional 414,000 Square Feet Subsequent to Quarter End - - Declares Dividend of $0.10 Per Share for First Quarter 2024 - - Company Reaffirms 2024 Outlook - Orion Office REIT Inc. (NYSE:ONL) ("Orion" or the "Company"), a fully-integrated real estate investment trust ("REIT") focused on the ownership, acquisition and management of a diversified portfolio of single-tenant net lease office properties located across the U.S., announced today its operating results for the first quarter ended March 31, 2024. Paul McDowell, Orion's Chief Executive Officer, commented, "We continued to execute against our current business plan: retaining existin

Orion Office REIT Inc. (NYSE:ONL) ("Orion" or the "Company"), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of a diversified portfolio of single-tenant net lease office properties located across the U.S., announced today that it will release its operating results for the first quarter of 2024 after market close on Wednesday, May 8, 2024. Webcast and Conference Call Information Orion will host a webcast and conference call to review its financial results at 10:00 a.m. ET on Thursday, May 9, 2024. The webcast and call will be hosted by Paul McDowell, Chief Executive Officer and President, and Gavin Brandon, Chief Financial Officer, Ex

- Completed 261,000 Square Feet of Leasing and an Additional 95,000 Square Feet Subsequent to Year End - - Sold Six Properties for $25.4 million - - Repaid $59.0 million in Debt Obligations - - Declares Dividend of $0.10 Per Share for First Quarter 2024 - Orion Office REIT Inc. (NYSE:ONL) ("Orion" or the "Company"), a fully-integrated real estate investment trust ("REIT") focused on the ownership, acquisition and management of a diversified portfolio of single-tenant net lease office properties located across the U.S., announced today its operating results for the fourth quarter and full year ended December 31, 2023. Paul McDowell, Orion's Chief Executive Officer commented, "2023 marked

Orion Office REIT Inc. (NYSE:ONL) ("Orion" or the "Company"), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of single-tenant net lease office properties located across the U.S., announced today the income tax classification of its 2023 dividends for the Company's common stock ("Common Stock"). The table below summarizes the income tax classification of the dividends paid and the corresponding box number on the 2023 Form 1099-DIV. Stockholders are encouraged to consult with their tax advisors as to their specific treatment of ONL dividends. ONL Common Stock | CUSIP: 68629Y103 Record Date Date Paid Distribution per Share

Orion Office REIT Inc. (NYSE:ONL) ("Orion" or the "Company"), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of single-tenant net lease office properties located across the U.S., announced today that it will release its operating results for the fourth quarter and full year 2023 after market close on Tuesday, February 27, 2024. Webcast and Conference Call Information Orion will host a webcast and conference call to review its financial results at 10:00 a.m. ET on Wednesday, February 28, 2024. The webcast and call will be hosted by Paul McDowell, Chief Executive Officer and President, and Gavin Brandon, Chief Financial Officer, Execut

- Entered into 10-Year Lease Renewal for a 90,000 Square Foot Property Subsequent to Quarter End - - Sold Three Properties for $15.4 million and Agreements in Place to Sell Nine Properties for $46.6 million - - Declares Dividend of $0.10 Per Share for Fourth Quarter - - Updated 2023 Outlook - Orion Office REIT Inc. (NYSE:ONL) ("Orion" or the "Company"), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of single-tenant net lease office properties located across the U.S., announced today its operating results for the third quarter ended September 30, 2023. Paul McDowell, Orion's Chief Executive Officer commented, "Our progress exec