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Upturn AI SWOT - About
Net Lease Office Properties (NLOP)
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Upturn Advisory Summary
06/30/2025: NLOP (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $46
1 Year Target Price $46
| 0 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 8.29% | Avg. Invested days 36 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 490.64M USD | Price to earnings Ratio - | 1Y Target Price 46 |
Price to earnings Ratio - | 1Y Target Price 46 | ||
Volume (30-day avg) 1 | Beta - | 52 Weeks Range 23.38 - 34.38 | Updated Date 06/30/2025 |
52 Weeks Range 23.38 - 34.38 | Updated Date 06/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -4.27 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -49.54% | Operating Margin (TTM) 26.79% |
Management Effectiveness
Return on Assets (TTM) 1.76% | Return on Equity (TTM) -10.19% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 610987164 | Price to Sales(TTM) 3.85 |
Enterprise Value 610987164 | Price to Sales(TTM) 3.85 | ||
Enterprise Value to Revenue 4.79 | Enterprise Value to EBITDA 10.98 | Shares Outstanding 14814100 | Shares Floating 14717487 |
Shares Outstanding 14814100 | Shares Floating 14717487 | ||
Percent Insiders 0.65 | Percent Institutions 57.83 |
Analyst Ratings
Rating 1 | Target Price 46 | Buy 1 | Strong Buy - |
Buy 1 | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Net Lease Office Properties
Company Overview
History and Background
Net Lease Office Properties (NLOP) was formed as a spin-off from W. P. Carey in 2023, focusing on a portfolio of office properties leased to single tenants under long-term net leases. The spin-off aimed to allow W. P. Carey to focus on its core industrial and warehouse assets.
Core Business Areas
- Net Lease Office Properties: Acquisition, ownership, and management of single-tenant office properties under long-term net leases. NLOP generates revenue through rental income from these properties.
Leadership and Structure
NLOP is led by a dedicated management team and board of directors. Details are available in their SEC filings.
Top Products and Market Share
Key Offerings
- Single-Tenant Office Properties: Leasing of office space to single tenants under long-term net leases. NLOP derives its revenue solely from rental income. Competitors include other net lease REITs that may also hold office assets. Market share is relatively small compared to larger, more diversified REITs.
Market Dynamics
Industry Overview
The net lease REIT industry involves owning and leasing properties, typically to single tenants under long-term net leases, where the tenant pays property taxes, insurance, and maintenance. The office sector faces challenges from hybrid work models.
Positioning
NLOP is positioned as a pure-play net lease office REIT. This focused approach can be seen as a strength in a rising interest rate environment, but it also faces greater risk due to the specific challenges of the office sector.
Total Addressable Market (TAM)
The TAM for net lease office properties is substantial, but NLOP only captures a small portion. Exact figures are hard to ascertain. NLOP's focus on single-tenant assets puts it at a disadvantage compared to diversified REITs.
Upturn SWOT Analysis
Strengths
- Pure-play focus on net lease office properties
- Long-term net leases providing stable cash flow
- Experienced management team in the net lease space
Weaknesses
- Concentrated in the office sector, which faces challenges
- Smaller market capitalization compared to diversified REITs
- High debt levels may constain financial flexibility.
Opportunities
- Acquisition of undervalued office properties
- Improving office occupancy rates as companies return to office
- Refinancing debt at lower interest rates
Threats
- Decline in office property values
- Increased interest rates impacting profitability
- Tenant bankruptcies or lease terminations
- Economic recession
Competitors and Market Share
Key Competitors
- Medical Properties Trust (MPW)
- Office Properties Income Trust (OPI)
- SL Green Realty Corp. (SLG)
Competitive Landscape
NLOP is a small player compared to larger, more diversified net lease REITs and other office REITs. Its pure-play focus on office properties can be both an advantage and a disadvantage.
Growth Trajectory and Initiatives
Historical Growth: Growth is limited to the period since the spin-off. Focus on acquisition activity and lease renewals.
Future Projections: Analyze analyst estimates for revenue, earnings, and dividend growth.
Recent Initiatives: Focus on the acquisition of new properties and the management of the existing portfolio.
Summary
Net Lease Office Properties is a newly formed REIT with a focused portfolio of single-tenant office properties. The company's success hinges on managing occupancy rates and navigating the challenges of the office sector. High debt and interest rates are headwinds. A strong economic slowdown could cause problems. This pure-play is a higher risk investment.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q)
- Company Website
- Earnings Call Transcripts
- Analyst Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market data is dynamic and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Net Lease Office Properties
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2023-11-02 | CEO & Chair of the Board Mr. Jason E Fox | ||
Sector Real Estate | Industry REIT - Office | Full time employees - | Website https://www.nloproperties.com |
Full time employees - | Website https://www.nloproperties.com | ||
Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 37 high-quality office properties, totaling approximately 5.5 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe. The portfolio consists of 41 corporate tenants operating in a variety of industries, generating annualized based rent (ABR) of approximately $88 million. NLOP's business plan is to focus on realizing value for its shareholders primarily through strategic asset management and disposition of its property portfolio over time. Given WPC's extensive knowledge of the portfolio, NLOP is externally managed and advised by wholly owned affiliates of WPC to successfully execute on its business strategy. Over the course of its more than 50-year history, WPC has developed significant expertise in the single-tenant office real estate sector, including the operation, leasing, acquisition and development of assets through many market cycles, and has a proven track record of execution.
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