ONL: Orion Office REIT, Inc.
About
Orion Office REIT, Inc. acts as a real estate investment trust. It engages in the ownership, acquisition, and management of a diversified portfolio of mission-critical and headquarters office buildings located across the U.S. and leased primarily on a single-tenant net lease basis to creditworthy clients. The company was founded on July 1, 2021, and is headquartered in Phoenix, AZ.
Current Value
$4.031 Year Return
Current Value
$4.031 Year Return
Key Details
Market Cap
$224.35M
P/E Ratio
-2.59
1Y Stock Return
-19.64%
1Y Revenue Growth
-15.53%
Dividend Yield
6.99%
Price to Book
0.3
Strategies that include ONL
Stock's related to ONL
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| GMRE | 64.53% | $583.19M | -10.83% | 9.62% |
| PDM | 64.39% | $1.18B | +59.83% | 5.28% |
| BHLB | 63.60% | $1.31B | +44.42% | 2.35% |
| CUZ | 62.27% | $4.98B | +58.79% | 4.04% |
| GNL | 61.82% | $1.68B | -16.51% | 16.15% |
| UHT | 61.75% | $562.99M | +4.02% | 7.12% |
| OCFC | 61.74% | $1.18B | +46.69% | 3.97% |
| DEI | 61.71% | $3.19B | +66.93% | 3.98% |
| BXP | 61.36% | $12.77B | +49.63% | 4.82% |
| AAT | 61.28% | $1.70B | +48.40% | 4.78% |
| PKST | 61.00% | $463.15M | -27.13% | 7.06% |
| ESRT | 60.70% | $1.81B | +24.17% | 1.29% |
| CTBI | 60.51% | $1.06B | +47.40% | 3.49% |
| OLP | 59.83% | $611.46M | +44.91% | 6.25% |
| RDUS | 59.37% | $553.50M | -23.37% | 3.83% |
| NXDT | 59.29% | $218.01M | -37.12% | 11.55% |
| BNL | 59.21% | $3.24B | +8.67% | 6.66% |
| KW | 58.99% | $1.51B | -4.02% | 6.50% |
| SLG | 58.94% | $5.19B | +134.73% | 3.77% |
| BDN | 58.45% | $956.57M | +36.79% | 10.75% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| AXON | -<0.01% | $48.14B | +178.25% | 0.00% |
| DXCM | -0.10% | $29.08B | -32.80% | 0.00% |
| QTTB | -0.20% | $329.37M | +172.64% | 0.00% |
| NERV | 0.23% | $15.46M | -55.98% | 0.00% |
| DELL | 0.28% | $101.20B | +86.02% | 1.20% |
| SPOT | -0.35% | $92.14B | +159.77% | 0.00% |
| SE | -0.45% | $61.52B | +210.21% | 0.00% |
| OXBR | 0.45% | $19.24M | +183.49% | 0.00% |
| CYCN | 0.52% | $3.85M | -33.95% | 0.00% |
| KSPI | 0.58% | $19.73B | +8.16% | 3.55% |
| NVDA | -0.64% | $3.60T | +201.07% | 0.07% |
| LITB | -0.70% | $37.87M | -73.39% | 0.00% |
| CHKP | 0.77% | $20.02B | +26.88% | 0.00% |
| TLPH | 0.81% | $11.91M | +9.27% | 0.00% |
| IBKR | 0.87% | $20.87B | +137.71% | 0.36% |
| CRWD | 0.88% | $87.65B | +70.58% | 0.00% |
| CAMT | 1.00% | $3.43B | +18.52% | 0.00% |
| MMC | 1.03% | $110.22B | +12.11% | 1.35% |
| RYAN | 1.03% | $8.98B | +57.73% | 0.61% |
| PULM | -1.09% | $22.32M | +230.27% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MCK | -24.55% | $79.75B | +37.34% | 0.41% |
| CHD | -14.04% | $27.50B | +19.29% | 1.01% |
| COR | -13.45% | $48.41B | +23.04% | 0.84% |
| FATBB | -10.26% | $75.27M | -12.35% | 12.73% |
| CBOE | -9.71% | $22.09B | +17.17% | 1.08% |
| PGR | -9.13% | $154.33B | +62.01% | 0.44% |
| STG | -9.05% | $35.47M | +5.43% | 0.00% |
| ACGL | -8.60% | $37.09B | +20.63% | 0.00% |
| HUSA | -8.04% | $18.58M | -19.77% | 0.00% |
| CME | -7.30% | $81.64B | +7.34% | 2.00% |
| TW | -7.19% | $28.79B | +42.00% | 0.29% |
| RNR | -7.02% | $13.75B | +22.34% | 0.58% |
| CAH | -6.60% | $29.87B | +16.57% | 1.63% |
| ROOT | -6.53% | $1.65B | +1,060.13% | 0.00% |
| MSDL | -6.35% | $1.83B | +0.95% | 7.27% |
| BACK | -6.16% | $1.93M | -32.12% | 0.00% |
| MNR | -6.03% | $1.70B | -6.89% | 15.55% |
| CMG | -6.02% | $81.73B | +35.16% | 0.00% |
| ORLY | -5.34% | $69.55B | +21.51% | 0.00% |
| OKLO | -5.30% | $3.08B | +143.89% | 0.00% |
ETF's related to ONL
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| XSHD | 71.77% | $54.48M | 0.3% |
| RIET | 68.74% | $89.72M | 0.5% |
| KBWY | 68.70% | $251.20M | 0.35% |
| IJS | 68.10% | $7.36B | 0.18% |
| VIOV | 67.89% | $1.44B | 0.15% |
| SLYV | 67.60% | $4.12B | 0.15% |
| IWN | 67.08% | $13.20B | 0.24% |
| DES | 66.83% | $2.13B | 0.38% |
| FYX | 66.75% | $972.31M | 0.6% |
| RZV | 65.68% | $255.81M | 0.35% |
| BSVO | 65.64% | $1.53B | 0.47% |
| SMDV | 65.35% | $753.94M | 0.4% |
| SPSM | 65.08% | $12.78B | 0.03% |
| EES | 64.80% | $669.12M | 0.38% |
| SDVY | 64.75% | $7.28B | 0.6% |
| SDIV | 64.63% | $788.96M | 0.58% |
| KBE | 64.58% | $2.43B | 0.35% |
| IJR | 64.57% | $90.51B | 0.06% |
| VIOO | 64.54% | $3.14B | 0.1% |
| DON | 64.41% | $3.93B | 0.38% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| FBY | 0.66% | $134.57M | 0.99% |
| KCCA | -0.88% | $219.64M | 0.87% |
| CSHI | 1.09% | $486.73M | 0.38% |
| DBE | 1.27% | $50.92M | 0.77% |
| DBO | 1.54% | $218.38M | 0.77% |
| JUCY | -1.65% | $325.31M | 0.6% |
| DBA | 1.84% | $768.98M | 0.93% |
| WEAT | -1.86% | $123.26M | 0.28% |
| FLRN | 2.76% | $2.34B | 0.15% |
| CLOI | -2.93% | $720.91M | 0.4% |
| HDRO | 3.05% | $164.26M | 0.3% |
| AGZD | 3.14% | $142.85M | 0.23% |
| TBLL | 3.30% | $1.92B | 0.08% |
| BSCO | 3.72% | $2.31B | 0.1% |
| SOYB | 3.74% | $27.32M | 0.22% |
| MINT | 3.78% | $11.62B | 0.35% |
| JBBB | 4.25% | $1.27B | 0.49% |
| GSG | 4.54% | $935.59M | 0.75% |
| COMT | 4.59% | $842.63M | 0.48% |
| SEIX | 4.61% | $267.58M | 0.62% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -50.44% | $379.51M | 1.43% |
| USDU | -32.80% | $201.83M | 0.5% |
| UUP | -29.41% | $359.07M | 0.77% |
| VIXY | -23.40% | $195.31M | 0.85% |
| EQLS | -11.85% | $8.88M | 1% |
| CTA | -10.89% | $359.48M | 0.78% |
| TAIL | -8.03% | $68.06M | 0.59% |
| UNG | -7.60% | $928.64M | 1.06% |
| CORN | -7.14% | $61.32M | 0.2% |
| KMLM | -6.84% | $348.59M | 0.9% |
| DBMF | -5.63% | $1.02B | 0.85% |
| HIGH | -5.53% | $301.36M | 0.51% |
| CLOI | -2.93% | $720.91M | 0.4% |
| WEAT | -1.86% | $123.26M | 0.28% |
| JUCY | -1.65% | $325.31M | 0.6% |
| KCCA | -0.88% | $219.64M | 0.87% |
| FBY | 0.66% | $134.57M | 0.99% |
| CSHI | 1.09% | $486.73M | 0.38% |
| DBE | 1.27% | $50.92M | 0.77% |
| DBO | 1.54% | $218.38M | 0.77% |
News
SeekingAlpha
Early investment in office REITs like Orion Office REIT (ONL) could be lucrative. Read more on the importance of diverse income sources in retirement planning.
SeekingAlpha
Real estate equities were laggards this week as benchmark interest rates hovered around four-month highs. Read more to see my thoughts.
SeekingAlpha
Orion Office REIT Inc. (NYSE:ONL) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ETCompany ParticipantsPaul Hughes - General CounselPaul...
Yahoo
PHOENIX, November 07, 2024--Orion Office REIT Inc. (NYSE: ONL) ("Orion" or the "Company"), a fully-integrated real estate investment trust ("REIT") focused on the ownership, acquisition and management of a diversified portfolio of single-tenant net lease office properties located across the United States, announced today its operating results for the third quarter ended September 30, 2024.
SeekingAlpha
Orion Office REIT is a compelling investment opportunity with high AFFO yield and potential for M&A interest discounted. Click here for an update on ONL.
SeekingAlpha
The stock price often levels out and turns upward to climb a "wall of worry" at some point in the business cycle. Explore more details here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.