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Orion Office REIT Inc - ONL STOCK NEWS

Welcome to our dedicated news page for Orion Office REIT (Ticker: ONL), a resource for investors and traders seeking the latest updates and insights on Orion Office REIT.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Orion Office REIT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Orion Office REIT's position in the market.

Rhea-AI Summary
Orion Office REIT Inc. (NYSE: ONL) announces the release of its first-quarter 2024 operating results and webcast details. The company will share its financial performance on May 8, 2024, followed by a webcast and conference call on May 9, 2024, hosted by the CEO and CFO.
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Orion Office REIT Inc. (NYSE: ONL) reported its operating results for Q4 and full year 2023, including leasing, property sales, debt repayments, and dividend declaration. Despite economic challenges, the company executed 261,000 sq ft of leasing, sold six properties for $25.4 million, and repaid $59.0 million in debt. Financially, the company saw total revenues of $43.8 million in Q4 and $195.0 million for the full year 2023. Net loss attributable to common stockholders was $(16.2) million in Q4 and $(57.3) million for the full year. The company declared a dividend of $0.10 per share for Q1 2024.
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Orion Office REIT Inc. (NYSE: ONL) announced the income tax classification of its 2023 dividends for the Company’s common stock. Stockholders are encouraged to consult with their tax advisors as to their specific treatment of ONL dividends. The 2023 dividend allocation does not include the Common Stock dividend declared in November 2023 and paid in January 2024.
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Rhea-AI Summary
Orion Office REIT Inc. (NYSE: ONL) announced the release of its operating results for the fourth quarter and full year 2023, along with details of a webcast and conference call to review its financial results. The webcast and call will be hosted by the company's CEO, Paul McDowell, and CFO, Gavin Brandon. The webcast and call details are provided for interested participants, along with information on accessing the replay of the webcast and conference call.
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Orion Office REIT Inc. (NYSE: ONL) announced its Q3 2023 operating results, including a 10-year lease renewal, property sales, dividend declaration, and updated 2023 outlook. The company's total revenues were $49.1 million, with a net loss of $(16.5) million. The company declared a dividend of $0.10 per share for Q4 2023 and updated its 2023 Core FFO and Net Debt to Adjusted EBITDA guidance ranges.
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Orion Office REIT Inc. to release Q3 2023 operating results
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Orion Office REIT Inc. (ONL) announced its Q2 2023 financial results, including total revenues of $52.0 million, net loss of $(15.7) million, FFO of $24.4 million, and Core FFO of $26.9 million. The company also closed a credit agreement amendment, declared a $0.10 dividend per share, and updated its 2023 outlook.
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Orion Office REIT Inc. has closed an amendment of its credit agreement, using borrowings from its revolving credit facility to repay and retire its senior term loan facility. The amendment also provides an option to extend the revolving facility for an additional 18 months. Wells Fargo Bank will remain the administrative agent for the credit agreement.
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Orion Office REIT Inc. (NYSE: ONL) reported its operating results for Q1 2023, with total revenues of $50.2 million. The company also announced a net loss attributable to common stockholders of $(8.9) million, or $(0.16) per share. Core funds from operations were $25.3 million, or $0.45 per share. Orion reaffirmed its 2023 outlook.
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Orion Office REIT Inc

NYSE:ONL

ONL Rankings

ONL Stock Data

176.47M
51.00M
9.28%
75.97%
2.16%
Lessors of Residential Buildings and Dwellings
Real Estate and Rental and Leasing
Link
United States
Phoenix

About ONL

a reit with a focused approach 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.