Symbol: OPI
Exchange: NASDAQ
Founded: 2019 (7 years)
HQ: Newton, MA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Office
Externally Managed REIT
See OPI on Yahoo Finance
See OPI on SEC.gov
Office Properties Income Trust (OPI) is a publicly traded real estate investment trust that focuses primarily on owning, acquiring and managing office properties in the United States. Its business model centers on generating rental income through long-term leases with corporate and institutional tenants, with an emphasis on stabilizing cash flow and preserving asset value. OPI’s activities include property management, leasing and selective capital investment to enhance occupancy and returns. As with other equity REITs, its performance is influenced by office market fundamentals—such as occupancy rates, tenant credit quality, and rent trends—as well as interest rate and financing conditions. Investors considering OPI should review the company’s regulatory filings and recent financial disclosures for up-to-date information on portfolio composition, occupancy, leverage and dividend policy.
REITBOT™ Alert
Dividends have been suspended for this REIT.
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $0.24 per share you would have been able to buy 4184 shares of OPI on 2025-06-22 costing $999.98 | @ $0.24 per share you would have been able to buy 2092 shares of OPI on 2025-06-22 costing $499.99 | @ $0.24 per share you would have been able to buy 1046 shares of OPI on 2025-06-22 costing $249.99 | @ $0.24 per share you would have been able to buy 418 shares of OPI on 2025-06-22 costing $99.90 | @ $0.24 per share you would have been able to buy 209 shares of OPI on 2025-06-22 costing $49.95 |
| Current worth | On 2026-06-22 these 4184 shares would be worth $836.80 @ $0.20 | On 2026-06-22 these 2092 shares would be worth $418.40 @ $0.20 | On 2026-06-22 these 1046 shares would be worth $209.20 @ $0.20 | On 2026-06-22 these 418 shares would be worth $83.60 @ $0.20 | On 2026-06-22 these 209 shares would be worth $41.80 @ $0.20 |
| Dividends earned | $0.00 in dividends would have been earned since 2025-06-22 with 4184 shares. | $0 in dividends would have been earned since 2025-06-22 with 2092 shares. | $0.00 in dividends would have been earned since 2025-06-22 with 1046 shares. | $0.00 in dividends would have been earned since 2025-06-22 with 418 shares. | $0.00 in dividends would have been earned since 2025-06-22 with 2092 shares. |
| Net (gain / loss)* | -163.18 USD | -81.59 USD | -40.79 USD | -16.30 USD | -8.15 USD |
| ROI** | -16.32% | -16.32% | -16.32% | -16.32% | -16.32% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Below are the most recent cash dividends paid by OPI. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| OPI | 2025-04-22 | 0.010 | --- | 2025-04-10 | 2025-04-22 | 2025-05-15 |
| OPI | 2025-01-27 | 0.010 | --- | 2025-01-16 | 2025-01-27 | 2025-02-20 |
| OPI | 2024-10-28 | 0.010 | --- | 2024-10-16 | 2024-10-28 | 2024-11-14 |
| OPI | 2024-07-22 | 0.010 | --- | 2024-07-11 | 2024-07-22 | 2024-08-15 |
| OPI | 2024-04-19 | 0.010 | --- | 2024-04-11 | 2024-04-22 | 2024-05-16 |
| OPI | 2024-01-19 | 0.010 | -96.00% | 2024-01-11 | 2024-01-22 | 2024-02-15 |
| OPI | 2023-10-20 | 0.250 | --- | 2023-10-12 | 2023-10-23 | 2023-11-16 |
| OPI | 2023-07-21 | 0.250 | --- | 2023-07-13 | 2023-07-24 | 2023-08-17 |
| OPI | 2023-04-21 | 0.250 | -54.55% | 2023-04-13 | 2023-04-24 | 2023-05-18 |
| OPI | 2023-01-20 | 0.550 | --- | 2023-01-12 | 2023-01-23 | 2023-02-16 |
| OPI | 2022-10-21 | 0.550 | --- | 2022-10-13 | 2022-10-24 | 2022-11-17 |
| OPI | 2022-07-22 | 0.550 | --- | 2022-07-14 | 2022-07-25 | 2022-08-18 |
| Assets | 2025-06-30 | 2025-03-31 | QoQ |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents at Carrying Value | 78,176,000 | 63,745,000 | |
| Short-Term Investments | 0 | 0 | |
| Cash and Short Term Investments | 78,176,000 | 63,745,000 | |
| Current Net Receivables | 160,205,000 | 150,678,000 | |
| Inventory | 8,650,000 | 11,070,000 | |
| Other Current Assets | 0 | 0 | |
| Total Current Assets | 263,979,000 | 239,255,000 | 10.3% |
| Non-Current Assets | |||
| Property Plant Equipment | 0 | 0 | |
| Accumulated Depreciation Amortization PPE | 0 | 0 | |
| Long-Term Investments | 16,990,000 | 17,118,000 | |
| Investments | 0 | 0 | |
| Intangible Assets Excluding Goodwill | 0 | 0 | |
| Goodwill | 0 | 0 | |
| Intangible Assets | 0 | 0 | |
| Other Non-Current Assets | 0 | 0 | |
| Total Non-Current Assets | 3,296,970,000 | 3,330,504,000 | -1.0% |
| Total Assets | 3,560,949,000 | 3,569,759,000 | -0.2% |
| Liabilities | |||
| Current Liabilities | |||
| Current Accounts Payable | 115,454,000 | 87,499,000 | |
| Deferred Revenue | 0 | 0 | |
| Current Debt | 0 | 0 | |
| Short-Term Debt | 0 | 0 | |
| Current Long-Term Debt | 0 | 0 | |
| Short Long-Term Debt Total | 0 | 0 | |
| Other Current Liabilities | 646,000 | 652,000 | |
| Total Current Liabilities | 120,904,000 | 92,966,000 | 30.1% |
| Non-Current Liabilities | |||
| Long-Term Debt Noncurrent | 0 | 0 | |
| Long-Term Debt | 2,365,193,000 | 2,360,911,000 | |
| Capital Lease Obligations | 8,924,000 | 9,219,000 | |
| Other Non-Current Liabilities | 0 | 0 | |
| Total Non-Current Liabilities | 2,374,117,000 | 2,370,130,000 | |
| Total Liabilities | 2,495,021,000 | 2,463,096,000 | 1.3% |
| Shareholders' Equity | |||
| Common Stock | 0 | 0 | |
| Common Stock Shares Outstanding | 70,894,950 | 69,824,743 | |
| Treasury Stock | 0 | 0 | |
| Retained Earnings | -1,592,902,000 | -1,551,007,000 | |
| Total Shareholder Equity | 1,065,928,000 | 1,106,663,000 | -3.7% |
Amounts in USD ($)
| 2025-06-30 | 2025-03-31 | QoQ | |
|---|---|---|---|
| Total Revenue | 114,499,000 | 113,615,000 | 0.8% |
| Cost of Revenue | 12,111,000 | 13,458,000 | |
| Cost of Goods and Services Sold | 12,111,000 | 13,458,000 | |
| Gross Profit | 102,388,000 | 100,157,000 | 2.2% |
| Research and Development | 0 | 0 | |
| Selling General and Administrative | 4,816,000 | 5,058,000 | |
| Depreciation | 0 | 0 | |
| Depreciation and Amortization | 0 | 0 | |
| Operating Expenses | 97,685,000 | 101,021,000 | |
| Operating Income | 16,814,000 | 12,594,000 | 33.5% |
| EBIT (Earnings Before Interest and Tax) | 0 | 0 | |
| Investment Income Net | 0 | 0 | |
| Net Interest Income | -51,719,000 | -52,216,000 | |
| Interest Income | 788,000 | 1,162,000 | |
| Interest Expense | 52,507,000 | 53,378,000 | |
| Interest and Debt Expense | 0 | 0 | |
| Non Interest Income | 0 | 0 | |
| Other Non Operating Income | 0 | 0 | |
| Income Before Tax | -40,964,000 | -45,478,000 | -9.9% |
| Income Tax Expense | 0 | 0 | |
| Net Income from Continuing Operations | -41,186,000 | -45,867,000 | |
| Net Income | -41,186,000 | -45,867,000 | -10.2% |
| Comprehensive Income Net of Tax | 0 | 0 | |
| EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) | 0 | 0 |
Amounts in USD ($)
| Cash Flows from Operating Activities | 2025-06-30 | 2025-03-31 | QoQ |
|---|---|---|---|
| Net Income | -41,186,000 | -45,867,000 | -10.2% |
| Depreciation, Depletion, and Amortization | 40,885,000 | 40,910,000 | |
| Change in Receivables | 0 | 0 | |
| Change in Inventory | 0 | 0 | |
| Change in Operating Assets | 0 | 0 | |
| Change in Operating Liabilities | 0 | 0 | |
| Payments for Operating Activities | 0 | 0 | |
| Proceeds from Operating Activities | 0 | 0 | |
| Profit Loss | 0 | 0 | |
| Net Cash Provided by Operating Activities | 32,399,000 | -28,588,000 | -213.3% |
| Cash Flows from Investing Activities | |||
| Capital Expenditures | 0 | 0 | |
| Net Cash Used in Investing Activities | 0 | 0 | |
| Cash Flows from Financing Activities | |||
| Proceeds from Issuance of Common Stock | 0 | 0 | |
| Proceeds from Issuance of Preferred Stock | 0 | 0 | |
| Proceeds from Issuance of Long-Term Debt | 0 | 0 | |
| Proceeds from Repurchase of Equity | -5,000 | 0 | |
| Proceeds from Sale of Treasury Stock | 0 | 0 | |
| Repayment of Short-Term Debt | 0 | 0 | |
| Payments for Repurchase of Common Stock | 0 | 0 | |
| Payments for Repurchase of Preferred Stock | 0 | 0 | |
| Payments for Repurchase of Equity | 0 | 0 | |
| Dividend Payout | 709,000 | 698,000 | |
| Dividend Payout - Common Stock | 709,000 | 698,000 | |
| Dividend Payout - Preferred Stock | 0 | 0 | |
| Net Cash Provided by Financing Activities | -6,571,000 | -184,957,000 | -96.4% |
| Other Items | |||
| Effect of Exchange Rate on Cash | 0 | 0 | |
| Net Increase in Cash and Cash Equivalents | 0 | 0 |
Amounts in USD ($)
| Material | Source | Description |
|---|---|---|
| Office Properties Income Trust Enters into Restructuring Support Agreement with Noteholders to Reduce Debt and Strengthen Balance Sheet (2025-10-30) | BUSINESS WIRE | NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (“OPI” or the “Company”) today announced that it has entered into a Restructuring Support Agreement (“RSA”) with an ad hoc group (the “September 2029 Ad Hoc Group”) of certain holders of its senior secured notes due September 2029 (the “September 2029 Notes”) to restructure its corporate debt and allow the Company to substantially deleverage its balance sheet. The transactions contemplated by the RSA provide the Company with a significantly improved capital structure and reduced debt service obligations, including by the equitization of approximately $1 billion of existing notes, and allow the Company to increase liquidity while maintaining its business operations in the normal course. |
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| Creative Media & Community Trust Corporation (CMCT) | 5.9 | NASDAQ | Micro-Cap | Office Hotel Residential | United States |
| Franklin Street Properties Corp. (FSP) | 5.8 | NYSE | Micro-Cap | Office | United States |
| Generation Income Properties Inc. (GIPR) | 4.1 | NASDAQ | Micro-Cap | Retail Office Industrial | United States |
| Gyrodyne Company of America, Inc. (GYRO) | N/A | NASDAQ | Micro-Cap | Industrial Office Health Care Diversified | United States |
| Income Opportunity Realty Trust (IOR) | N/A | NYSE | Micro-Cap | Office Residential | United States |
Last updated: 2026-06-22 - v7.2.2