Office Properties Income Trust logo

Office Properties Income Trust

OPI

NASDAQReal EstateREIT - Office

Regular session

$18.28

+$0.11 · +0.61%

Aug 24, 1:40 PM ET

OPI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jun 26, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

38

Expensive

Momentum

22

Weakening

Sentiment

44

Mixed

Risk resilience

22

High Risk

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Company profile

Office Properties Income Trust is a national REIT focused on owning and leasing office properties to high credit quality tenants in markets throughout the United States. As of June 30, 2025, approximately 59% of OPI revenues were from investment grade rated tenants. OPI owned 125 properties as of June 30, 2025, with approximately 17.3 million square feet located in 29 states and Washington, D.C. In 2024, OPI was named as an Energy Star Partner of the Year for the seventh consecutive year. OPI is managed by The RMR Group, a leading U.S. alternative asset management company with approximately 40 billion dollars in assets under management as of June 30, 2025, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquarters in Newton, MA. On October 30, 2025, Office Properties Income Trust, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas. Office Properties Income Trust is incorporated in 2009 in Newton, Maryland.

Industry
REIT - Office
Sector
Real Estate
Headquarters
US
CEO
Yael Duffy
Listed since
Oct 6, 2025
Employees
0

Market position

Day range

Current $18.28

52-week range

Current $18.28

Open
$18.24
Previous close
$18.17
Volume
33.49K
0.05× average
Average volume
614.59K
Average daily volume
Market cap
1.35B USD
Beta
3.81
Market reference 1
50-day average
$18.3738
-0.51% below average
200-day average
$18.3738
-0.51% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-4.16×
P/B (TTM)
2.55×
P/S (TTM)
3.07×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
35.56%
Operating margin
80.48%
Net margin
-72.60%

Financial health

Debt / equity
3.36×
Altman Z-score
-1.15
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends105%44%-16%-77%Gross margin, FY2021: 87.52%Gross margin, FY2022: 89.56%Gross margin, FY2023: 67.63%Gross margin, FY2024: 87.58%Gross margin, FY2025: 88.93%Operating margin, FY2021: 17.73%Operating margin, FY2022: 20.13%Operating margin, FY2023: 62.61%Operating margin, FY2024: 17.71%Operating margin, FY2025: 84.54%Net margin, FY2021: -1.42%Net margin, FY2022: -1.10%Net margin, FY2023: -13.01%Net margin, FY2024: -27.11%Net margin, FY2025: -61.55%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 87.52%. Gross margin FY2022 89.56%. Gross margin FY2023 67.63%. Gross margin FY2024 87.58%. Gross margin FY2025 88.93%. Operating margin FY2021 17.73%. Operating margin FY2022 20.13%. Operating margin FY2023 62.61%. Operating margin FY2024 17.71%. Operating margin FY2025 84.54%. Net margin FY2021 -1.42%. Net margin FY2022 -1.10%. Net margin FY2023 -13.01%. Net margin FY2024 -27.11%. Net margin FY2025 -61.55%.

Income trends

Revenue

442.56M USD-11.84%

Operating income

374.12M USD+320.93%

Net income

−272.37M USD-100.12%
Income trends across reported periods661.37M USD321.83M USD−17.72M USD−357.26M USDRevenue, FY2021: 576.48M USDRevenue, FY2022: 554.28M USDRevenue, FY2023: 533.55M USDRevenue, FY2024: 501.98M USDRevenue, FY2025: 442.56M USDOperating income, FY2021: 102.22M USDOperating income, FY2022: 111.58M USDOperating income, FY2023: 334.06M USDOperating income, FY2024: 88.88M USDOperating income, FY2025: 374.12M USDNet income, FY2021: −8.18M USDNet income, FY2022: −6.11M USDNet income, FY2023: −69.43M USDNet income, FY2024: −136.11M USDNet income, FY2025: −272.37M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 576.48M USD. Revenue FY2022 554.28M USD. Revenue FY2023 533.55M USD. Revenue FY2024 501.98M USD. Revenue FY2025 442.56M USD. Operating income FY2021 102.22M USD. Operating income FY2022 111.58M USD. Operating income FY2023 334.06M USD. Operating income FY2024 88.88M USD. Operating income FY2025 374.12M USD. Net income FY2021 −8.18M USD. Net income FY2022 −6.11M USD. Net income FY2023 −69.43M USD. Net income FY2024 −136.11M USD. Net income FY2025 −272.37M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue442.56M USD501.98M USD533.55M USD554.28M USD576.48M USD
Cost of goods sold49.01M USD62.37M USD172.71M USD57.84M USD71.97M USD
Gross profit393.55M USD439.61M USD360.84M USD496.43M USD504.51M USD
Selling, general, and administrative19.43M USD21.13M USD22.73M USD52.14M USD52.11M USD
Operating expenses19.43M USD350.73M USD26.78M USD385.07M USD399.43M USD
Interest income3.67M USD1.04M USD217K USD7K USD
Interest expense−203.45M USD163.75M USD110.65M USD103.48M USD112.39M USD
Depreciation and amortization174.96M USD196.74M USD200.27M USD223.69M USD241.49M USD
Operating income374.12M USD88.88M USD334.06M USD111.58M USD102.22M USD
Net income−272.37M USD−136.11M USD−69.43M USD−6.11M USD−8.18M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
50%
5 beats, 5 misses, 0 met estimates
Average EPS surprise
+54.54%
10 comparable reports
Latest EPS result
-0.58

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.6-0.21-1.01-1.82Q4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26No estimate
Q4 2024, reported Oct 30, 2024: actual 0.43, estimate -0.57, surprise +175.44%, Beat. Q1 2025, reported Feb 13, 2025: actual 0.36, estimate -0.61, surprise +159.02%, Beat. Q2 2025, reported Apr 30, 2025: actual 0.06, estimate -0.54, surprise +111.11%, Beat. Q3 2025, reported Jul 30, 2025: actual 0.13, estimate -0.51, surprise +125.49%, Beat. Q4 2025, reported Oct 29, 2025: actual -0.9, estimate -0.63, surprise -42.86%, Miss. Q1 2026, reported Mar 13, 2026: actual -1.65, estimate -0.69, surprise -139.13%, Miss. Q2 2026, reported May 22, 2026: actual -1.26, estimate -0.63, surprise -100.00%, Miss. Q3 2026, reported Aug 6, 2026: actual -0.58, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates125.44M117.13M108.81M100.49MQ4 '24BeatQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26No estimate
Q4 2024, reported Oct 30, 2024: actual 120.62M USD, estimate 120.12M USD, surprise +0.41%, Beat. Q1 2025, reported Feb 13, 2025: actual 118.24M USD, estimate 114.41M USD, surprise +3.35%, Beat. Q2 2025, reported Apr 30, 2025: actual 113.62M USD, estimate 114.79M USD, surprise -1.03%, Miss. Q3 2025, reported Jul 30, 2025: actual 114.5M USD, estimate 110.44M USD, surprise +3.67%, Beat. Q4 2025, reported Oct 29, 2025: actual 109.13M USD, estimate 112.91M USD, surprise -3.35%, Miss. Q1 2026, reported Mar 13, 2026: actual 105.32M USD, estimate 114.58M USD, surprise -8.09%, Miss. Q2 2026, reported May 22, 2026: actual 108.87M USD, estimate 112.91M USD, surprise -3.58%, Miss. Q3 2026, reported Aug 6, 2026: actual 116.83M USD, estimate —, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$27.00

47.70% upside
Past 12 months12-month forecastHigh $27.00Average $27.00Low $27.00

OPI news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.04

2024 complete year-98.2% since 2020

Corporate action history

Dividend

Ex-dividend Apr 22, 2025

$0.02

Quarterly

Record Apr 22, 2025 · Payment May 15, 2025

Dividend

Ex-dividend Jan 27, 2025

$0.01

Quarterly

Record Jan 27, 2025 · Payment Feb 20, 2025

Dividend

Ex-dividend Oct 28, 2024

$0.01

Quarterly

Record Oct 28, 2024 · Payment Nov 14, 2024

Dividend

Ex-dividend Jul 22, 2024

$0.01

Quarterly

Record Jul 22, 2024 · Payment Aug 15, 2024

Dividend

Ex-dividend Apr 19, 2024

$0.01

Quarterly

Record Apr 22, 2024 · Payment May 16, 2024

Dividend

Ex-dividend Jan 19, 2024

$0.01

Quarterly

Record Jan 22, 2024 · Payment Feb 15, 2024

OPI peers

ETFs holding OPI

Funds reporting this stock among their holdings, ordered by reported position size.

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