Orion Properties Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $162.0M
- Price
- $2.84
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.35%
- Volume
- 111.4K
About
Orion Properties Inc. is an investment firm concentrating its expertise on acquiring, owning, and managing a varied collection of essential corporate headquarters and vital office properties situated in premier suburban markets nationwide. This portfolio is predominantly secured by single-tenant net leases with financially robust tenants. The company's seasoned leadership team employs a rigorous, market-tested investment framework that directs their strategic capital deployment across both their existing holdings and prospective acquisitions.
Quick stats
Shares outstanding57.0M
Computed float55.7M
Float / shares97.6%
Key info
SectorReal Estate
IndustryREIT - Office
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001873923
Websitehttps://www.onlreit.com
AI Summary
AI-generated1/10
majorbullishearnings
Orion Properties Inc. Announces Second Quarter 2026 Results
Orion Properties reported Q2 2026 total revenue of $34.3 million, down from $37.3 million in the prior year, while Core FFO per share remained flat at $0.20.
Despite the revenue decline, the company raised its 2026 Core FFO guidance range to $0.72-$0.77 and lowered its leverage outlook, driven by $60.7 million in debt reduction and year-to-date property dispositions totaling $83.7 million.
The Board declared a $0.02 per share dividend for the third quarter, and management noted that its strategic review process remains ongoing.
Red flags
- Unconsolidated Joint Venture mortgage debt in ongoing payment default; lenders intend to compel sale of properties
- Joint venture investment written down to zero with full loan loss reserve recorded
- Total revenue decreased year-over-year from $37.3 million to $34.3 million