Office Properties Income Trust (NASDAQ:OPI) Releases Earnings Results, Beats Estimates By $0.97 EPS

Office Properties Income Trust (NASDAQ:OPI) posted its quarterly earnings results on Thursday. The company reported $0.36 earnings per share 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 Down 2.8 %

Shares of NASDAQ OPI traded down $0.03 during mid-day trading on Friday, reaching $0.94. The company had a trading volume of 211,172 shares, compared to its average volume of 460,205. 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 has a twelve month low of $0.86 and a twelve month high of $4.03. The stock’s 50 day moving average is $1.03 and its 200-day moving average is $1.63. The stock has a market capitalization of $52.27 million, a PE ratio of -2.06 and a beta of 1.25.

Office Properties Income Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, January 27th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 4.27%. The ex-dividend date of this dividend is Monday, January 27th. Office Properties Income Trust’s dividend payout ratio (DPR) is currently -8.89%.

About Office Properties Income Trust

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.