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

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

Office Properties Income Trust Price Performance

Shares of OPI opened at $0.91 on Friday. Office Properties Income Trust has a 1-year low of $0.86 and a 1-year high of $4.03. The company’s fifty day simple moving average is $1.01 and its 200 day simple moving average is $1.62. 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, January 27th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Monday, January 27th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 4.39%. 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.