Orion Office REIT Inc. (NYSE: ONL) is -24.12% lower on its value in year-to-date trading and has touched a low of $6.49 and a high of $18.21 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ONL stock was last observed hovering at around $6.52 in the last trading session, with the day’s loss setting it -0.04% off its average median price target of $10.00 for the next 12 months. It is also 35.2% off the consensus price target high of $10.00 offered by 2 analysts, but current levels are 35.2% higher than the price target low of $10.00 for the same period.
Currently trading at $6.48, the stock is -20.98% and -25.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing -0.61% at the moment leaves the stock -33.44% off its SMA200. ONL registered -62.02% loss for a year compared to 6-month loss of -35.52%.
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The stock witnessed a -30.02% gain in the last 1 month and extending the period to 3 months gives it a -29.03%, and is -16.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.69% over the week and 3.44% over the month.
Orion Office REIT Inc. (ONL) has around 35 employees, a market worth around $407.20M and $197.80M in sales. Profit margin for the company is -49.30%. Distance from 52-week low is -0.08% and -64.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.70%).
Orion Office REIT Inc. (ONL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Orion Office REIT Inc. (ONL) is a “Overweight”. 2 analysts offering their recommendations for the stock have an average rating of 2.50, where 1 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Orion Office REIT Inc. is expected to release its quarterly report on 05/03/2023.The EPS is expected to shrink by -105.30% this year
Orion Office REIT Inc. (ONL) Top Institutional Holders
The shares outstanding are 56.64M, and float is at 53.70M with Short Float at 8.21%.
Orion Office REIT Inc. (ONL) Insider Activity
A total of 5 insider transactions have happened at Orion Office REIT Inc. (ONL) in the last six months, with sales accounting for 5 and purchases happening 0 times.
