This year, the stock market adage “sell in May and go away” may hold very true, especially when it comes to the real estate investment trusts (REITs) best categorized as REITs to sell. These are the REITs that are facing the greatest challenges from the two major factors affecting the sector. The first of these two major factors is the prospect of “higher for longer” interest rates persisting through the rest of 2024 and into 2025. REITs across the board are typically interest-rate sensitive, bu
The headline numbers for Office Properties Income Trust (OPI) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Office Properties Income Trust (NASDAQ:OPI) Q1 2024 Earnings Call Transcript May 2, 2024 Office Properties Income Trust isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning and welcome to Office Properties Income Trust’s First Quarter 2024 Financial Results Conference […]