Net Lease Office Properties
Net Lease Office Properties (NLOP) is listed on NYSE and classified in REIT - Office, part of the Real Estate sector. It is headquartered in New York, United States. The company is worth $144.44M. Revenue was $118.92M in fiscal 2025, down 16.4% from the year before. It reported a net loss of $145.26M. The share price is 67.8% below its 52-week high of $30.26. Its payments in the last 12 months add up to 197.44% of the share price, a level that usually comes from a one-off or liquidating payout, not a recurring dividend. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $2.62M. In that quarter, 1 of them reduced the position. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Last 12 months. Usually a one-off or liquidating payout, not recurring
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -48.7% over 5Y.
This stock has less than 5 years of price history — the answer would measure a shorter period than the one asked for.
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 3 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Year-end price | $25.79 | $31.21 | $18.48 | |
| P/S | 3.2x | 3.2x | 3.3x | 1.6x |
| P/B | 0.8x | 1.3x | 0.8x | 0.4x |
| EPS | -$9.81 | -$6.18 | -$9.00 | |
| Dividend yield | — | 27.92% | — | 1.84% |
| Profit margin | -75.30% | -122.16% |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Real Estate, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| OZBelpointe PREP, LLC | $35.75 | — | 0.6x | 0.00% | -15.93% | $144.92M |
| DOUGDouglas Elliman Inc. | $1.50 | 4.8x | 0.8x | 0.00% | 15.90% | $136.34M |
| SEVNSeven Hills Realty Trust | $6.79 | 10.0x | 0.5x | 16.49% | 4.00% | $153.84M |
| CLPRClipper Realty Inc. | $3.15 |
| -64.30% |
| -75.30% |
| ROE | -19.46% | -49.42% | -15.74% | -19.46% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.0% a year against a 8.8% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
1 methods answered, across 1 families.
Room for errors in the reported numbers.
+738.2% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| — |
| 12.06% |
| — |
| $133.8M |
| ELMEElme Communities | $1.77 | — | 0.2x | 828.81% | — | $157.28M |
| ACRACRES Commercial Realty Corp. | $10.40 | — | 0.2x | 0.00% | 5.46% | $162.99M |