Orion Office REIT (NYSE:ONL) Releases FY 2026 Earnings Guidance

Orion Office REIT (NYSE:ONL) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.720-0.770 for the period. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. JonesTrading raised their target price on shares of Orion Office REIT from $3.00 to $3.50 and gave the company a “buy” rating in a research note on Friday, May 8th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Orion Office REIT in a report on Friday, July 17th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Orion Office REIT presently has an average rating of “Hold” and a consensus price target of $3.50.

Orion Office REIT Stock Performance

Shares of NYSE:ONL traded down $0.06 on Thursday, hitting $2.60. 361,694 shares of the company were exchanged, compared to its average volume of 347,874. The firm has a market capitalization of $147.93 million, a P/E ratio of -1.02 and a beta of 1.57. The company has a current ratio of 3.06, a quick ratio of 3.06 and a debt-to-equity ratio of 0.81. Orion Office REIT has a 1-year low of $1.89 and a 1-year high of $3.05. The stock’s 50 day moving average price is $2.78 and its 200 day moving average price is $2.59.

Orion Office REIT (NYSE:ONL) last released its earnings results on Thursday, August 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.49. The firm had revenue of $34.30 million for the quarter, compared to the consensus estimate of $34.16 million. Orion Office REIT had a negative return on equity of 21.88% and a negative net margin of 98.36%.Orion Office REIT has set its FY 2026 guidance at 0.720-0.770 EPS.

Hedge Funds Weigh In On Orion Office REIT

Several hedge funds and other institutional investors have recently bought and sold shares of ONL. Jane Street Group LLC lifted its stake in Orion Office REIT by 112.6% during the 1st quarter. Jane Street Group LLC now owns 85,594 shares of the company’s stock valued at $183,000 after acquiring an additional 45,341 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Orion Office REIT by 43.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 983,664 shares of the company’s stock worth $2,095,000 after acquiring an additional 299,309 shares during the period. Gabelli Funds LLC acquired a new stake in shares of Orion Office REIT in the second quarter worth $26,000. Qube Research & Technologies Ltd purchased a new position in shares of Orion Office REIT during the second quarter worth $62,000. Finally, Raymond James Financial Inc. raised its holdings in shares of Orion Office REIT by 1.7% during the second quarter. Raymond James Financial Inc. now owns 305,109 shares of the company’s stock worth $650,000 after purchasing an additional 5,242 shares during the last quarter. Institutional investors and hedge funds own 79.95% of the company’s stock.

Orion Office REIT Company Profile

Orion Office REIT is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of Class A office properties across high-growth U.S. markets. The company focuses on suburban and infill locations, targeting properties with strong tenant credit profiles and long-term lease structures. Its business strategy emphasizes active asset management, capital recycling and selective development to enhance income stability and potential total return for shareholders.

Orion Office REIT debuted on the New York Stock Exchange under the ticker ONL following a spin-off from Government Properties Income Trust in June 2021, though many of its core assets trace back to acquisitions made as early as 2013.