Orion Properties Inc Stock Price, News & Analysis

Orion Properties (NYSE: ONL) confirmed receipt of a notice from Kawa Capital Management nominating five individuals for election to Orion's Board of Directors at the 2026 Annual Meeting of Stockholders. The Board's Nominating and Corporate Governance Committee will review the nominees under the company's process and guidelines. The Board will state its formal recommendation in the company's proxy statement, which will be filed with the SEC and mailed to eligible stockholders. The company said no stockholder action is required at this time and the 2026 meeting date has not yet been scheduled.

Orion Properties (NYSE: ONL) reported third-quarter 2025 results on November 6, 2025, highlighting portfolio transformation through disposals, leasing and an improved 2025 outlook.

Key metrics: Q3 revenue $37.1M; net loss $(69.0)M ($(1.23)/share); Core FFO $11.0M ($0.19/share); FFO $6.6M ($0.12/share); EBITDAre $15.1M. Year-to-date disposals total $64.4M (8 properties) and YTD leasing reached 919,000 sq ft (303,000 sq ft in Q3). Portfolio: 63 operating properties, annualized base rent $113.9M, occupancy 72.8% (74.5% adjusted) and WALT 5.8 years. Liquidity: $273.0M. Board declared a $0.02 per-share Q4 2025 dividend payable Jan 15, 2026. Management tightened 2025 guidance: Core FFO $0.74–$0.76 and Net Debt/Adj. EBITDA 6.7x–7.2x.

Orion Properties (NYSE: ONL) will release results for the third quarter ended September 30, 2025 after market close on Thursday, November 6, 2025. Management will review results via a webcast and conference call at 10:00 a.m. ET on Friday, November 7, 2025, hosted by CEO Paul McDowell and CFO Gavin Brandon. Investors can access the live webcast at onlreit.com/investors. Domestic callers should dial 1-844-539-3703; international callers should dial 1-412-652-1273 and join ten minutes early.

A replay of the webcast will be available on the investor site. The conference call replay runs from 1:00 p.m. ET on November 7, 2025 through 11:59 p.m. ET on November 21, 2025; replay numbers are 1-844-512-2921 (domestic) and 1-412-317-6671 (international) with passcode 13753246.

Orion Properties (NYSE:ONL) reported its Q2 2025 results, highlighting significant leasing activity and strategic property dispositions. The company completed 179,000 square feet of leasing in Q2 and an additional 80,000 square feet post-quarter. Financial results showed total revenues of $37.3 million and a net loss of $(25.1) million, or $(0.45) per share.

The company successfully sold four vacant properties for $26.9 million in Q2 and has agreements to sell five additional properties for $56.9 million. Orion declared a Q3 2025 dividend of $0.02 per share and improved its 2025 guidance, raising Core FFO expectations to $0.67-$0.71 per share and lowering Net Debt to Adjusted EBITDA range to 7.3x-8.3x.

The portfolio consists of 66 Operating Properties with a 77.4% occupancy rate and generates $118.9 million in annualized base rent, with 68.5% derived from Investment-Grade Tenants.

Orion Properties (NYSE:ONL) announced that its Board of Directors has unanimously rejected a revised non-binding acquisition proposal from Kawa Capital Management. The offer, submitted on July 17, 2025, proposed to acquire all outstanding Orion shares for $2.75 per share in cash.

The decision came after a thorough review process conducted by the Orion Board in consultation with independent financial advisor Wells Fargo and legal advisor Hunton Andrews Kurth LLP. According to Non-Executive Chairman Reginald H. Gilyard, the Board determined that Kawa Capital's proposal significantly undervalues the company and its prospects.

Orion Properties (NYSE:ONL) has received a revised unsolicited, non-binding acquisition offer from Kawa Capital Management. The new proposal offers $2.75 per share in cash for all outstanding shares not already owned by Kawa, representing a $0.25 increase from their previous June 20 offer of $2.50 per share which was rejected on July 9.

The Orion Board of Directors will evaluate the revised proposal with independent legal and financial advisors to determine the best course of action for the company and shareholders. Wells Fargo and Hunton Andrews Kurth LLP are serving as financial and legal advisors respectively.

Orion Properties (NYSE:ONL), a real estate investment trust specializing in single-tenant net lease office properties, has scheduled its Q2 2025 earnings release for August 6, 2025 after market close.

The company will host a webcast and conference call on August 7, 2025 at 10:00 a.m. ET, featuring CEO Paul McDowell and CFO Gavin Brandon. The webcast will be accessible through Orion's website at onlreit.com/investors, while conference call participants can dial 1-844-539-3703 (US/Canada) or 1-412-652-1273 (International).

Orion Properties (NYSE:ONL) has unanimously rejected an unsolicited acquisition proposal from Kawa Capital Management. The proposal, received on June 20, 2025, offered to acquire all outstanding ONL shares for $2.50 per share in cash.

The Board of Directors, led by Non-Executive Chairman Reginald H. Gilyard, determined that the proposal significantly undervalues the company and its prospects. The decision came after a thorough review process conducted with independent financial advisor Wells Fargo and legal advisor Hunton Andrews Kurth LLP.

Orion Properties (NYSE: ONL) has received an unsolicited, non-binding acquisition offer from Kawa Capital Management to purchase all outstanding shares not already owned by Kawa for $2.50 per share in cash. Kawa currently owns approximately 9.7% of Orion's common stock, representing 5,474,027 shares. Orion's Board of Directors, along with independent legal and financial advisors, will review the unsolicited offer to determine the best course of action for the company and its shareholders. The company has stated it will not provide further comments until the board completes its review, and shareholders are not required to take any immediate action.