Office Properties Income Trust is a real estate investment trust (REIT) focused on owning and leasing office properties to high-credit-quality tenants in markets throughout the United States... Show more
Office Properties Income Trust is a national real estate investment trust focused on owning and leasing office properties to high-credit-quality tenants across the United States. As of June 30, 2026, approximately 62% of its revenues came from investment-grade-rated tenants. The company owned 122 properties totaling roughly 17.1 million square feet across 29 states and Washington, D.C. OPI is managed by The RMR Group, an alternative asset manager with more than $37 billion in assets under management.
The company has a substantial concentration of government and single-tenant leases, which historically supported stable cash flows. However, OPI emerged from a Chapter 11 financial restructuring and is now operating under fresh-start (successor-period) accounting. Investors follow the stock closely because of its elevated leverage, evolving capital structure, and exposure to the challenged U.S. office sector.
Over the last 30 days, OPI declined approximately 14.6%, moving from $15.79 on October 2, 2026, to $13.48 at the October 30 close. The move was volatile rather than linear: the stock slid through October, hit an intraday 52-week low of $11.79 on October 26, and then rebounded more than 8% on October 28.
The quarterly picture is similarly weak. From the 52-week high of $27.80 set in June 2026, the stock has fallen steadily, and a trailing three-month measure showed a decline of roughly 26% as of late October. This multi-month downtrend reflects a combination of post-restructuring deleveraging, costly refinancing, and persistent office-market headwinds.
Several factors weighed on OPI during the 30-day window. The company completed a $425 million offering of 8.75% senior secured notes due 2031, a financing at a notably high coupon that underscores its elevated cost of capital after restructuring. The notes are secured by liens on 19 office properties, highlighting the degree of collateralization now required to access credit markets.
Fundamental results also pressured sentiment. OPI reported a second-quarter 2026 net loss in its successor period, with revenue declining to $18.36 million, reflecting the reduced asset base following its reorganization. The absence of a dividend removes a traditional source of REIT investor demand, leaving the stock more exposed to sentiment swings. Broader concerns about office occupancy, refinancing risk, and interest rates further contributed to the decline and the October 26 low.
The quarterly decline is part of a larger post-restructuring narrative. After emerging from Chapter 11, OPI has been working through a smaller, reorganized portfolio while managing high leverage and limited operating margins. The 8.75% notes offering and successor-period losses illustrate the cost of that transition.
At the same time, the U.S. office sector continues to face elevated vacancy and weaker leasing fundamentals in many markets, which keeps investor enthusiasm subdued for office-focused REITs generally. The combination of company-specific restructuring overhang and sector-wide softness has kept OPI in a downtrend despite occasional sharp single-day rebounds.
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The most immediate catalyst is the third-quarter 2026 earnings release scheduled for November 9, followed by a November 10 conference call. Investors will focus on occupancy and leasing trends, successor-period profitability, liquidity, and any updates on deleveraging progress or future refinancing plans.
Beyond earnings, key factors include interest-rate expectations, office-sector fundamentals such as vacancy and rental rates, and the company's ability to manage its secured debt obligations. Any changes in the capital structure, asset sales, or reinstatement of a dividend would also be meaningful. These developments carry both upside and downside risk, and investors should evaluate them in the context of their own financial situation rather than as a basis for trading decisions.
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Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where OPI advanced for three days, in 113 of 183 cases, the price rose further within the following month. The odds of a continued upward trend are 62%.
The Momentum Indicator moved above the 0 level on November 05, 2026. You may want to consider a long position or call options on OPI as a result. In 43 of 75 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 57%.
The Moving Average Convergence Divergence (MACD) for OPI just turned positive on October 29, 2026. Looking at past instances where OPI's MACD turned positive, the stock continued to rise in 24 of 41 cases over the following month. The odds of a continued upward trend are 59%.
OPI moved above its 50-day moving average on November 10, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day RSI Indicator for OPI moved out of overbought territory on November 11, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 15 similar instances where the indicator moved out of overbought territory. In 15 of the 15 cases, the stock moved lower in the following days. This puts the odds of a move lower at 90%.
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where OPI declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 86%.
OPI broke above its upper Bollinger Band on November 10, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for OPI entered a downward trend on November 04, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of 11 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: OPI's P/B Ratio (0.016) is slightly lower than the industry average of (0.873). P/E Ratio (3.228) is within average values for comparable stocks, (201.021). Projected Growth (PEG Ratio) (0.110) is also within normal values, averaging (0.666). Dividend Yield (0.171) settles around the average of (0.163) among similar stocks. OPI's P/S Ratio (0.178) is slightly lower than the industry average of (2.856).
The Tickeron Price Growth Rating for this company is 34 (best 1 - 100 worst), indicating steady price growth. OPI’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 96 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 96 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. OPI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a real estate investment trust
Industry REITOffice