Added to YB: 2024-01-19
Pitch date: 2024-01-18
OPI [bullish]
Office Properties Income Trust
-99.63%
current return
Author Info
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Company Info
OPI is a national REIT focused on owning and leasing office properties to high credit quality tenants in markets throughout the United States.
Market Cap
$26.3M
Pitch Price
$3.43
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.85
P/E
-0.08
EV/Sales
4.95
Sector
Office REITs
Category
turnaround
Show full summary:
Office Properties Income: Catching The Falling Knife After The Dividend Cut
OPI cut div, -90% since COVID on debt refi fears & CF decline. Div cut removed fears, ok portfolio/debt review, Fed rate cuts in '24 make current price attractive for LT despite ST CF & price volatility risk. Refi options: secured debt on unencumbered assets, modify revolver, sell assets. Low bankruptcy risk.
Read full article (6 min)