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Upturn AI Summary - About
Orion Office Reit Inc(ONL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ONL
09/25/2026: ONL (1-star) is currently NOT-A-BUY. Pass it for now.
Orion Office Reit is a focused real estate investment trust that manages a portfolio of suburban office properties throughout the United States. Following its spin-off from Realty Income, the company has operated in a challenging environment defined by shifting workplace trends and reduced demand for traditional office space. Its primary investment story centers on portfolio stabilization and potential balance sheet improvement through selective asset dispositions. However, the company faces significant risks from high vacancies and sector-wide headwinds, making it a potentially volatile choice. Investors should closely monitor occupancy levels, debt repayment schedules, and the impact of broader economic interest rate trends on the valuation of commercial office real estate.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The office sector faces secular headwinds that limit near-term growth prospects. |
| Momentum investor | Weak fit | The stock has experienced persistent downward pressure consistent with the broader office REIT sector. |
| Value investor | Mixed fit | While the stock may appear inexpensive, value traps are common in sectors facing structural disruption. |
| Dividend investor | Mixed fit | Dividends are subject to the sustainability of cash flows from a struggling office property portfolio. |
| Low-risk investor | Weak fit | The volatility associated with the office real estate market makes this an unsuitable choice for risk-averse investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is highly sensitive to interest rate changes and office demand sentiment. |
| Valuation risk | Medium / high | Determining accurate net asset value (NAV) is difficult in a declining market for office real estate. |
| Competition risk (Office Real Estate) | High | The company competes with better-capitalized landlords for high-quality tenants. |
| Business quality | Medium | The portfolio consists of suburban assets which may face lower demand than top-tier urban centers. |
| Dividend income | Medium / high | Sustainability of payouts depends on the company's ability to maintain high occupancy. |
| Execution risk | High | Managing vacancy and lease rollovers in the current environment requires significant capital and effort. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit -41.32% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 143.18M USD | Price to earnings Ratio - | 1Y Target Price 3.5 |
Price to earnings Ratio - | 1Y Target Price 3.5 | ||
Volume (30-day avg) 273.2K shares | Beta 1.6 | 52 Weeks Range 1.86 - 3.05 | Updated Date 09/27/2026 |
52 Weeks Range 1.86 - 3.05 | Updated Date 09/27/2026 | ||
Dividends yield (FY) 3.17% | Basic EPS (TTM) -1.68 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Rental Income | Leasing office space to commercial tenants across various suburban markets. | The company makes money by collecting rent from office tenants. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 558.40M | Price to Sales(TTM) 1.09 |
Enterprise Value 558.40M | Price to Sales(TTM) 1.09 | ||
Enterprise Value to Revenue 3.89 | Enterprise Value to EBITDA 26.41 | Shares Outstanding 57.04M | Shares Floating 49.68M |
Shares Outstanding 57.04M | Shares Floating 49.68M | ||
Percent Insiders 7.75 | Percent Institutions 74.1 |
Upturn AI Summary
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.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Orion Office Reit Inc
Exchange NYSE | Headquarters Phoenix, AZ, United States | ||
IPO Launch date 2021-11-15 | CEO, President & Director Mr. Paul H. McDowell J.D. | ||
Sector Real Estate | Industry REIT - Office | Full time employees 37 | Website https://www.onlreit.com |
Full time employees 37 | Website https://www.onlreit.com | ||
Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants. The company's team of experienced industry leaders employs a proven, cycle-tested investment evaluation framework which serves as the lens through which capital allocation decisions are made for the current portfolio and future acquisitions.
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