Net Lease Office Properties
Net Lease Office Properties
Your view on NLOP
Overview
What the company does, where it operates, and who runs it.
About Net Lease Office Properties
- Industry
- REIT - Office
- Sector
- Real Estate
- CEO
- Jason E. Fox
- Headquarters
- One Manhattan West, New York City, MD, US
- Industry
- REIT - Office
- Sector
- Real Estate
- CEO
- Jason E. Fox
- Headquarters
- One Manhattan West, New York City, MD, US
Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis.
The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe. The portfolio consists of 62 corporate tenants operating in a variety of industries, generating annualized based rent (ABR) of approximately $145 million.
NLOP's business plan is to focus on realizing value for its shareholders primarily through strategic asset management and disposition of its property portfolio over time. Given WPC's extensive knowledge of the portfolio, NLOP is externally managed and advised by wholly owned affiliates of WPC to successfully execute on its business strategy.
Over the course of its 50-year history, WPC has developed significant expertise in the single-tenant office real estate sector, including the operation, leasing, acquisition and development of assets through many market cycles, and has a proven track record of execution.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Net Lease Office Properties, and the rating behind it. NLOP last traded at $9.40; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Net Lease Office Properties. Starting points for Net Lease Office Properties: EPS -$3.07, beta 0.96 — an REIT - Office name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Net Lease Office Properties. Net Lease Office Properties paid $22.35 per share over the last year — a 237.8% yield at the current $9.40 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Net Lease Office Properties. Trailing twelve-month EPS for Net Lease Office Properties stands at -$3.07. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Net Lease Office Properties. Net Lease Office Properties has reported as a listed company since 2023. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Net Lease Office Properties valued side by side against its closest peers. Net Lease Office Properties is measured against REIT - Office peers within the Real Estate sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Net Lease Office Properties, and how their positions are changing. At a $139.3M market value, institutional positions materially move Net Lease Office Properties's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Net Lease Office Properties executives and directors. Shares of Net Lease Office Properties have traded between $26.10 and $34.53 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Net Lease Office Properties. Net Lease Office Properties is a $139.3M Real Estate company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Net Lease Office Properties. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Net Lease Office Properties. Coverage tracks Net Lease Office Properties within REIT - Office (Real Estate). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.