Office Properties Income Trust (NASDAQ:OPI) Upgraded by Zacks Investment Research to Buy

Office Properties Income Trust stock has undergone multiple analysts rating changes in the recent past.  Office Properties Income Trust Upgraded by Zacks Investment Research on 10/14/2021. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Office Properties Income Trust traded up $0.24 on Wednesday, reaching $26.84. 50 shares of the stock traded hands, compared to its average volume of 179697. Shares of Office Properties Income Trust were trading at $26.84 on Wednesday. The firm’s 50 day moving average is $26.29 and its 200 day moving average is $27.17.Office Properties Income Trust has a 12 month low of $26.24 and a 12 month high of $31.69. While on yearly highs and lows, Office Properties Income Trust’s today has traded high as $26.88 and has touched $26.24 on the downward trend. See More Analyst Rating at: RATING

Office Properties Income Trust Earnings and What to expect: 

Office Properties Income Trust last released its earnings results on July 29th, 2021. The reported ($1.38) EPS for the quarter, missing analysts’ consensus estimates of $1.13 by $2.51. The business had revenue of $137.10 million for the quarter, compared to the consensus estimate of $136.54 million. Office Properties Income Trust has generated $5.39 earnings per share over the last year (($0.71) diluted earnings per share). Earnings for Office Properties Income Trust are expected to grow by 8.13% in the coming year, from $4.43 to $4.79 per share. Office Properties Income Trust has confirmed that its next quarterly earnings report will be published on Thursday, October 28th, 2021. Office Properties Income Trust will be holding an earnings conference call on Friday, October 29th at 10:00 AM Eastern. Interested parties can or dial in at 412-317-0088 with passcode “10160351”.

Earnings for Office Properties Income Trust are expected to grow by 8.13% in the coming year, from $4.43 to $4.79 per share. The P/E ratio of Office Properties Income Trust is -37.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Office Properties Income Trust is -37.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Office Properties Income Trust has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Office Properties Income Trust (NASDAQ:OPI) Moving Average Technical Analysis

5 day Moving Average is $26.49 And 5 day price change is $0.90 (3.47%)  with average volume for 5 day average is 152,340. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $25.86 and 20 day price change is $1.42 (5.59%) and average 20 day moving volume is 205,560. 50 day moving average is $26.29  and 50 day price change is -$1.28 ( -4.55%)  and with average volume for 50 days is : 169,472. 200 day moving average is $27.17  and 200 day price change is $3.92 (17.10%)  and with average volume for 200 days is : 190,768.

Other owners latest trading in Office Properties Income Trust :

  • On 10/13/2021 shares held by Capital Investment Advisors LLC were 36,140 which equates to market value of $0.92M and appx 0.00% owners of Office Properties Income Trust
  • On 10/12/2021 shares held by Louisiana State Employees Retirement System were 23,300 which equates to market value of $0.59M and appx 0.00% owners of Office Properties Income Trust
  • On 10/7/2021 shares held by State of Alaska Department of Revenue were 59,991 which equates to market value of $1.52M and appx 0.00% owners of Office Properties Income Trust
  • In total Institutional ownership equates to Institutional Ownership Percentage: 75.82% for Office Properties Income Trust

See More Analyst Rating at: RATING