NET Lease Office Properties (NLOP)
NYSEReal EstateReit - OfficeSnapshot 2026-11-04
$8.95+0.79%
Close 2026-11-04 · 1-day change
NYSEReal EstateReit - OfficeSnapshot 2026-11-04
QuarterlyIQ Insights · NLOP
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -75.6% |
| Our one-year growth estimate | diamond | Not available |
Growth built into the price is above our model estimate.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A comparable growth gap is not available.
The one-year revenue growth assumption on Valuation.
Model as of —
Why it matters: NLOP reported that its $21.9 million mortgage had not been repaid by the Q2 report date. Its stated maturity was July 6, 2026.
Watch forA filing or company release confirms the $21.9 million mortgage was repaid or refinanced. No new payment default occurred.
Also watch forA filing or company release reports the loan remains unpaid, is in default, or was extended on worse terms.
Why it matters: NLOP's next earnings date is Nov. 6. Results can show whether falling cash NOI and occupancy continued.
Watch forThe Nov. 6 report shows cash NOI above $5.73 million and occupancy above 68.4%.
Also watch forThe Nov. 6 report shows cash NOI below $5.73 million or occupancy below 68.4%.
Why it matters: Cash NOI fell from $5.99 million in Q1 to $5.73 million in Q2. Another drop would extend that decline.
Worry ifQ3 normalized pro rata cash NOI is below $5.73 million.
Less concerning ifQ3 normalized pro rata cash NOI is at least $5.73 million.
Why it matters: The annual administrative fee fell from $4 million to $2 million on July 1. Q3 results can show the first full quarter at the lower rate.
Supportive ifQ3 administrative reimbursements are about $0.5 million or less. They were $1.0 million in Q2.
Worry ifQ3 administrative reimbursements stay near $1.0 million. No change to the lower annual fee was reported.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$86 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $227 loss on $10,000 · 2.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,358 loss on $10,000 · 33.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Occupancy fell from 73.1% in Q1 to 68.4% in Q2. A further decline could weigh on rent income.
Worry ifQ3 occupancy is below 68.4%.
Less concerning ifQ3 occupancy is at least 68.4%.