Office Properties Income Trust (NASDAQ:OPI) Announces Earnings Results

Office Properties Income Trust (NASDAQ:OPI) announced its earnings results on Thursday. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.61) by $0.97, Zacks reports. Office Properties Income Trust had a negative return on equity of 1.92% and a negative net margin of 4.75%.

Office Properties Income Trust Stock Performance

OPI traded up $0.02 during midday trading on Thursday, reaching $0.96. The company had a trading volume of 418,369 shares, compared to its average volume of 468,555. Office Properties Income Trust has a 12-month low of $0.86 and a 12-month high of $4.03. The business has a 50-day moving average price of $1.03 and a two-hundred day moving average price of $1.63. The stock has a market cap of $53.79 million, a PE ratio of -2.14 and a beta of 1.25. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.89 and a current ratio of 1.89.

Office Properties Income Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Monday, January 27th will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Monday, January 27th. This represents a $0.04 dividend on an annualized basis and a yield of 4.15%. Office Properties Income Trust’s dividend payout ratio (DPR) is presently -8.89%.

Office Properties Income Trust Company Profile

Office Properties Income Trust is a real estate investment trust. It owns, operates, and leases office buildings to single tenants and multi-tenant buildings. The company was founded on February 17, 2009 and is headquartered in Newton, MA.