Real Estate
Net Lease Office Properties(NLOP)
Live Price
Offline$11.60
-0.43% today
1Y Change
-64.96%
Window
Jun 25, 2025 โ Jun 23, 2026
- Market Cap
- $190.00M
- Revenue Growth
- -15.6%
- EPS Growth
- -58.7%
- Dividend Yield
- 170.5%
Coverage: 249 bars ยท Jun 25, 2025 โ Jun 23, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Net Lease Office Properties (NLOP) is a Real Estate stock with a market cap of $190.00M and listed on NYSE. The stock last traded around $11.60 and down 65.0% across the available one-year price window (Jun 25, 2025 โ Jun 23, 2026). Baseline metrics include revenue growth of -15.6%, EPS growth of -58.7%, a dividend yield of 170.5%. What stands out right now is revenue -15.6%, EPS -58.7%, free cash flow -16.4% with operating margin 29.4% and ROIC 21.4%. The dividend matters to the case here, with a current yield around 170.5%. Valuation is more restrained than many high-expectation growth names at price/sales 1.6. Overall, the current profile looks closer to a turnaround or cyclical reset than a generic broad-market placeholder. Stock Foundry combines NLOP price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Real Estate peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
-15.6% vs +11.4% peer median
Operating Margin
Below sector median
+29.4% vs +59.6% peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 7, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at -15.6% and EPS is at -58.7%, with operating margin around 29.4%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 170.5%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -1.6% over the next 5 trading days and finished higher after 2 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 7, 2026 | โ | -8.8% | -12.1% | -9.0% |
2026 Feb 25, 2026 | โ | +2.2% | +7.1% | +8.0% |
2025 Nov 7, 2025 | โ | +1.6% | +0.1% | -15.3% |
Benchmark Edge
NLOP vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
NLOP
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
NLOP Max Drawdown
-66.72%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for NLOP and SPY.
Company Overview
Net Lease Office Properties
New York Stock Exchange
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.
- Leadership
- Jason E. Fox
- IPO Date
- Nov 2, 2023
- Employees
- 197
- Street Address
- One Manhattan West
- Mailing
- New York City, MD, 10001
- Region
- New York City, MD, US
- Reporting Currency
- USD
- Investor Line
- 212 492 1100
- Last Updated
- May 2, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- โ
- EV/EBITDA
- โ
- Price/Sales
- 1.6
- Price/Book
- 0.7
Growth
- Revenue
- -15.6%
- EPS
- -58.7%
- Free Cash Flow
- -16.4%
Profitability
- Gross Margin
- 8.8%
- Operating Margin
- 29.4%
- Net Margin
- -121.1%
- ROE
- -32.2%
- ROIC
- 21.4%
Balance Sheet
- Debt/Equity
- 0.08
- Current Ratio
- 5.46
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.