Office Properties me Trust(OPI)

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Office Properties me Trust(OPI) - 2024 Q3 - Quarterly Results
2024-10-30 20:55
OFFICE PROPERTIES INCOME TRUST Office Properties Income Trust Third Quarter 2024 Financial Results and Supplemental Information October 30, 2024 Columbia, MD Table of Contents | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------|-------|-----------------------| | | | | | QUARTERLY RESULTS | | | | Office Properties Income Trust Announces Third Quarter 2024 Financial Results . | 4 | | | Th ...
Office Properties Income Trust: Why I Sold The Baby Bonds
Seeking Alpha· 2024-09-04 14:53
bauhaus1000/E+ via Getty Images Office Properties Income Trust (NASDAQ:OPI) faces a $500 million debt repayment in February 2025, five months away. This forms 21% of the REIT's total debt balance of $2.14 billion and is one of the single largest debt maturing payable in a single year across OPI's debt maturity ladder. I first bought a position in the baby bonds (NASDAQ:OPINL) in late 2023 with the view that they would see some yield compression on what was then a near 50% discount to liquidation value. That ...
Office Properties me Trust(OPI) - 2024 Q2 - Earnings Call Transcript
2024-08-02 17:40
Office Properties Income Trust (NASDAQ:OPI) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Kevin Barry - Senior Director, Investor Relations Yael Duffy - President and Chief Operating Officer Brian Donley - Chief Financial Officer and Treasurer Conference Call Participants Bryan Maher - B. Riley Securities Tamim Sarwary - Morgan Stanley Operator Good morning, and welcome to the Office Properties Income Trust Second Quarter 2024 Earnings Conference Call. [Operator Instruction ...
Office Properties Income Trust: Debt Exchange Won't Help The Common
Seeking Alpha· 2024-08-01 21:40
imaginima We have written about Office Properties Income Trust (NASDAQ:OPI) multiple times over the last few years. The general writing tone here has been the same. The stock is risky, and you were not getting paid nearly enough for the risks. Over time, the stock has dropped substantially. In our last article, we looked at the immediate risks from upcoming debt maturities and gave our two cents on the outlook. The stock is down since then, but in all honesty, we expected it to be near 50 cents (price, not ...
Office Properties Income Trust (OPI) Surpasses Q2 FFO and Revenue Estimates
ZACKS· 2024-08-01 00:20
Office Properties Income Trust (OPI) came out with quarterly funds from operations (FFO) of $0.68 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to FFO of $1.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 6.25%. A quarter ago, it was expected that this company would post FFO of $0.81 per share when it actually produced FFO of $0.79, delivering a surprise of -2.47%. Over the last four quarters ...
Office Properties me Trust(OPI) - 2024 Q2 - Quarterly Report
2024-07-31 20:19
Table of Contents Title of Each Class Trading Symbol(s) Name Of Each Exchange On Which Registered Common Shares of Beneficial Interest OPI The Nasdaq Stock Market LLC 6.375% Senior Notes due 2050 OPINL The Nasdaq Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SEC ...
Office Properties me Trust(OPI) - 2024 Q2 - Quarterly Results
2024-07-31 20:18
| --- | --- | --- | --- | |----------------------------------------------------------------------|-------|-------|-------| | | | | | | | | | | | OFFICE PROPERTIES INCOME TRUST | | | | | Office Properties Income Trust | | | | | | | | | | Second Quarter 2024 Financial Results and S upplemental Information | | | | | July 31, 2024 | | | | Table of Contents | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------- ...
Office Properties Income: Debt Maturity Risk And The 15.2% Yielding Baby Bonds
seekingalpha.com· 2024-05-19 10:17
YCharts This is an extremely high-risk security, and I'd recommend most investors stay away. I'm chasing possible upside from a reset of solvency expectations and Fed rate cuts, but OPI faces a Sisyphean challenge ahead in managing declining occupancy, upcoming lease expiration, and its entirely front-loaded debt maturity schedule. The office REIT's market cap at $112 million is down 70% year-to-date, with the common shares trading hands for $2.20 per share. OPI had a total outstanding debt balance of $2.6 ...
Office Properties Income Trust: Earnings And Proposed Debt Exchange Are Not Assuring
Seeking Alpha· 2024-05-08 04:31
FangXiaNuo Last week, Office Properties Income Trust (NASDAQ:OPI) reported first quarter earnings. The commercial office REIT surprised analysts to the positive on the revenue side, but disappointed on FFO. Along with the earnings announcement, Office Properties announced a proposed debt exchange. Due to the debt exchange proposal, shares rallied, and short-term bonds tanked. The latest earnings report, combined with the need for a debt exchange is keeping me out of investing in Office Properties’ stock ...
Office Properties Income Trust (OPI) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-06 14:36
Office Properties Income Trust (OPI) reported $139.44 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 5.3%. EPS of $0.79 for the same period compares to -$0.01 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $128.28 million, representing a surprise of +8.70%. The company delivered an EPS surprise of -2.47%, with the consensus EPS estimate being $0.81.While investors closely watch year-over-year changes in headline numbers -- revenue ...