Brokerages Anticipate Office Properties Income Trust (OPI) to Announce $1.29 EPS

Shares of Office Properties Income Trust (NASDAQ:OPI) have been given a consensus broker rating score of 3.00 (Hold) from the five analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has assigned a strong buy recommendation to the company.

Brokers have set a 12 month consensus price objective of $36.20 for the company and are predicting that the company will post $1.29 EPS for the current quarter, according to Zacks. Zacks has also given Office Properties Income Trust an industry rank of 186 out of 256 based on the ratings given to its competitors.

NASDAQ:OPI opened at $34.71 on Friday. The company has a market capitalization of $851.18 million, a price-to-earnings ratio of 4.30, a P/E/G ratio of 1.53 and a beta of 1.51. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 1.73.

Office Properties Income Trust (NASDAQ:OPI) last announced its earnings results on Thursday, November 1st. The company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of $1.96 by ($2.36). The business had revenue of $106.10 million for the quarter, compared to analyst estimates of $103.40 million. Office Properties Income Trust had a return on equity of 0.64% and a net margin of 4.14%. As a group, equities analysts expect that Office Properties Income Trust will post 7.96 EPS for the current fiscal year.

About Office Properties Income Trust

Office Properties Income Trust operates as a real estate investment trust, which engages in the business of owning and maintaining properties. It operates through thefollowing business segments: Investment in Real Estate, Investment in SIR, and Corporate. The company was founded on February 17, 2009 and is headquartered in Newton, MA.

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