Orion Office REIT (NYSE:ONL) Updates FY 2024 Earnings Guidance

Orion Office REIT (NYSE:ONL) updated its FY 2024 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.990-1.010 for the period, compared to the consensus estimate of 1.010. The company issued revenue guidance of -.

Orion Office REIT Stock Down 0.5 %

Shares of ONL stock traded down $0.02 during mid-day trading on Thursday, hitting $3.98. The company’s stock had a trading volume of 331,154 shares, compared to its average volume of 399,647. The business has a 50-day moving average price of $3.98 and a 200 day moving average price of $3.76. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market cap of $222.67 million, a price-to-earnings ratio of -2.42 and a beta of 0.99. Orion Office REIT has a 52-week low of $3.01 and a 52-week high of $6.22.

About Orion Office REIT

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.