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Net Lease Office Properties (NLOP)

Real Estate | REIT - Office | New York, United States | NYSE
11.20 USD

Short-term:★⯪☆☆☆Long-term:★★⯪☆☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 4:37 a.m. EDT

The investment case for this office REIT is currently fractured by severe operational headwinds. Despite a recent special distribution of $3.30 per share, the company is reporting negative profit margins and a massive 70.9% decline in revenue, indicating that the core business is shrinking rather than growing. While the balance sheet remains relatively light with manageable debt, the return on equity is deeply negative, signaling capital destruction. The price has stabilized near its 52-week low, but the lack of analyst recommendations and the heavy bearish positioning in options suggest the market views the current level as a floor rather than a rebound opportunity. The dividend yield is attractive only because the stock price has collapsed so far; without a reversal in the revenue trend, this yield is likely unsustainable.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.064801
AutoETS0.106827
AutoARIMA0.106862
MSTL0.121514

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 44%
H-stat 0.93
Ljung-Box p 0.000
Jarque-Bera p 0.371
Excess Kurtosis 0.07
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-03-29
Last Dividend Date 2026-03-29
Debt to Equity Ratio 12.587
Revenue per Share 5.839
Market Cap 165,917,632
Beta 0.95
Profit Margins -139.60%
Previous Name 59 office properties
Website https://www.nloproperties.com

As of July 11, 2026, 4:37 a.m. EDT: Speculators are heavily positioned for downside protection, with significant open interest in deep out-of-the-money puts relative to calls. The put/call ratio is skewed toward bearish hedging, while call volume is sparse and concentrated in out-of-the-money strikes, suggesting limited speculative upside conviction.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
29.20% 131.91%
Dividend History
Date Dividend Yield %
2026-03-30 3.30 29.203539
2026-02-18 6.75 51.644990
2026-01-02 5.10 24.483918
2025-12-04 4.10 16.315162
2025-08-18 3.10 10.264900
2023-12-15 0.34 1.909040
Additional Data
exDividendDate 2026-03-30
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 3.3
lastDividendDate 2026-03-30
dividendDate 2026-04-14

Info Dump

Attribute Value
52 Week Change -0.66951907
Address1 One Manhattan West
Address2 395 9th Avenue 58th Floor
All Time High 50.0
All Time Low 9.5
Ask 0.0
Ask Size 1,100
Audit Risk 6
Average Daily Volume10 Day 182,760
Average Daily Volume3 Month 162,337
Average Volume 162,337
Average Volume10Days 182,760
Beta 0.947
Bid 0.0
Bid Size 400
Board Risk 8
Book Value 11.477
City New York
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.2
Current Ratio 2.239
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 11.39
Day Low 11.155
Debt To Equity 12.587
Dividend Date 1,776,124,800
Earnings Growth 49.81
Earnings Quarterly Growth 49.809
Earnings Timestamp End 1,785,960,000
Earnings Timestamp Start 1,785,960,000
Ebitda 55,579,000
Ebitda Margins 0.64252
Enterprise To Ebitda 2.18
Enterprise To Revenue 1.401
Enterprise Value 121,165,640
Eps Trailing Twelve Months -8.15
Esg Populated 0
Ex Dividend Date 1,774,828,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 11.821
Fifty Day Average Change -0.6210003
Fifty Day Average Change Percent -0.05253365
Fifty Two Week Change Percent -66.951904
Fifty Two Week High 34.53
Fifty Two Week High Change -23.329998
Fifty Two Week High Change Percent -0.67564434
Fifty Two Week Low 10.945
Fifty Two Week Low Change 0.2550001
Fifty Two Week Low Change Percent 0.023298321
Fifty Two Week Range 10.945 - 34.53
Financial Currency USD
First Trade Date Milliseconds 1,698,413,400,000
Float Shares 14,716,450
Free Cashflow 42,340,000
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.87707
Gross Profits 75,867,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00746
Held Percent Institutions 0.54584
Implied Shares Outstanding 14,814,075
Industry REIT - Office
Industry Disp REIT - Office
Industry Key reit-office
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,774,828,800
Last Dividend Value 3.3
Last Fiscal Year End 1,767,139,200
Long Business Summary Net Lease Office Properties is a publicly traded real estate investment trust that owns a portfolio of high-quality, single-tenant properties located in the U.S. and net leased to corporate tenants operating across a variety of industries. Net Lease Office Properties is based in New York, United States.
Market us_market
Market Cap 165,917,632
Market State PRE
Max Age 86,400
Message Board Id finmb_1856825577
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common -120,756,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 165,917,640
Open 11.14
Operating Cashflow 58,117,000
Operating Margins 0.25483
Overall Risk 6
Payout Ratio 0.0
Phone 844 656 7348
Prev Name 59 office properties
Previous Close 11.2
Price Hint 2
Price To Book 0.9758647
Price To Sales Trailing12 Months 1.9181007
Profit Margins -1.3960099
Quick Ratio 2.136
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 11.39
Regular Market Day Low 11.155
Regular Market Day Range 11.155 - 11.39
Regular Market Open 11.14
Regular Market Previous Close 11.2
Regular Market Price 11.2
Regular Market Time 1,783,972,802
Regular Market Volume 105,811
Return On Assets 0.02665
Return On Equity -0.31737
Revenue Growth -0.709
Revenue Per Share 5.839
Sand P52 Week Change 0.20847368
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 4
Shares Outstanding 14,814,075
Shares Percent Shares Out 0.0615
Shares Short 911,335
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 714,918
Short Name Net Lease Office Properties
Short Percent Of Float 0.062
Short Ratio 5.67
Source Interval 15
State NY
Symbol NLOP
Total Cash 70,609,000
Total Cash Per Share 4.766
Total Debt 21,900,000
Total Revenue 86,501,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -8.15
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 19.1833
Two Hundred Day Average Change -7.9833
Two Hundred Day Average Change Percent -0.41615885
Type Disp Equity
Volume 105,811
Website https://www.nloproperties.com
Zip 10,001