NLOP
Net Lease Office Properties
There isn't enough reported data to score NLOP yet.
OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
NLOP Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Stable | |
| N/A | |
| N/A |
NLOP's profitability is currently stable, but its revenue is weak. Free cash flow and net leverage aren't meaningful measures for real estate companies like NLOP.
OPEN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
OPEN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like OPEN.
NLOP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $9.33 | -2.5% |
| Fair | 7.7x | $9.42 | -1.5% |
| Expensive | 7.8x | $9.52 | -0.6% |
| Current | 7.8x | $9.57 | — |
Historical ranges are pointers, not guarantees.
NLOP's PE is 7.8x, but its earnings don't support one, so it isn't a reliable read right now.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
NLOP Forward outlook
There aren't enough analyst estimates for NLOP to show an outlook.
OPEN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect OPEN's losses to grow, with revenue growing. However, they disagree widely on these estimates.
NLOP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $1.22 | +$13.43 |
| Q2 2026 | -$3.07 | +$7.54 |
| Q1 2026 | -$8.15 | -$3.88 |
| Q4 2025 | -$9.81 | -$3.63 |
NLOP has the edge over OPEN on earnings quality, reporting a profit while its opponent remains loss making.
OPEN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.00 | -$1.56 |
| Q2 2026 | -$1.89 | -$1.46 |
| Q1 2026 | -$1.76 | -$1.24 |
| Q4 2025 | -$1.70 | -$1.14 |
| Q3 2025 | -$0.44 | +$0.09 |
| Q2 2025 | -$0.43 | +$0.15 |
| Q1 2025 | -$0.52 | -$0.10 |
| Q4 2024 | -$0.56 | -$0.14 |
OPEN lost $2.00 per share over the past year, and its loss has widened in each of the last five quarters.
NLOP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $5.9M | -80% |
| Q2 2026 | $6.4M | -78% |
| Q1 2026 | $9M | -69% |
| Q4 2025 | $30.7M | +11% |
| Q3 2025 | $29.8M | -5.4% |
| Q2 2025 | $29.2M | -25% |
| Q1 2025 | $29.2M | -34% |
| Q3 2024 | $31.5M | -27% |
NLOP's revenue has slid since its 2022 peak: $6M last quarter, down 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -90% | +43 points |
| Q2 2026 | -102% | +154 points |
| Q1 2026 | 34% | +10 points |
| Q4 2025 | 21% | +123 points |
| Q3 2025 | -133% | -45 points |
| Q2 2025 | -255% | -261 points |
| Q1 2025 | 24% | +1.4 points |
| Q4 2024 | -102% | N/A |
NLOP's operating margin was −90% last quarter, up 43 points from the same quarter a year ago.
OPEN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | +12% |
| Q2 2026 | $883M | -44% |
| Q1 2026 | $720M | -38% |
| Q4 2025 | $736M | -32% |
| Q3 2025 | $915M | -34% |
| Q2 2025 | $1.6B | +3.7% |
| Q1 2025 | $1.2B | -2.4% |
| Q4 2024 | $1.1B | +25% |
OPEN has the edge over NLOP on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -18% | -11 points |
| Q2 2026 | -16% | -16 points |
| Q1 2026 | -22% | -17 points |
| Q4 2025 | -20% | -12 points |
| Q3 2025 | -7.4% | -2.6 points |
| Q2 2025 | -0.8% | +3.9 points |
| Q1 2025 | -4.9% | +2.5 points |
| Q4 2024 | -8.7% | +4.6 points |
OPEN has the edge over NLOP on profitability, with a higher operating margin.
NLOP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $750K | -95% |
| Q2 2026 | $1.8M | -85% |
| Q1 2026 | $8.1M | -42% |
| Q4 2025 | $22M | +109% |
| Q3 2025 | $16.3M | -20% |
| Q2 2025 | $11.7M | -20% |
| Q1 2025 | $14.1M | -46% |
| Q3 2024 | $20.3M | -1.7% |
NLOP has the edge over OPEN on cash generation, producing positive trailing cash flow while its opponent burns cash.
OPEN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$836M | -294% |
| Q2 2026 | -$723M | -188% |
| Q1 2026 | -$250M | +$33M |
| Q4 2025 | $67M | +$150M |
| Q3 2025 | $432M | +671% |
| Q2 2025 | $821M | +$1.2B |
| Q1 2025 | -$283M | -$97M |
| Q4 2024 | -$83M | +$468M |
OPEN's free cash flow was −$1.7B over the past year, against $887M the year before. Free cash flow isn't a meaningful measure for real estate companies like OPEN.
NLOP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | +3.9% | +552K shares |
NLOP has the edge over OPEN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
OPEN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -16.3M shares |
| 1 year | +30% | +220M shares |
| 3 years | +42% | +282M shares |
| 5 years | +61% | +361M shares |
| Available history | +1042% | +866M shares |
OPEN has 949M diluted shares, up 30% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
NLOP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.5x | Net Cash |
| Q1 2025 | 71.3x | High |
| Q4 2024 | 11.2x | High |
| Q3 2023 | 2.3x | Moderate |
| Q2 2023 | 4.9x | High |
| Q1 2023 | 2.6x | Moderate |
| Q4 2022 | 2.8x | Moderate |
NLOP has more cash than debt. Net leverage isn't a meaningful measure for real estate companies like NLOP.
OPEN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 337.2x | High |
OPEN's net debt is more than 20 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for real estate companies like OPEN.
NLOP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.3 | Oversold |
| Stochastic | 13.6 | Oversold |
NLOP's weekly RSI is 29 (oversold) and its Stochastic is 14 (oversold).
OPEN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 20.6 | Oversold |
| Stochastic | 1.2 | Oversold |
OPEN's weekly RSI is 21 (oversold) and its Stochastic is 1 (oversold).
NLOP PE vs Real Estate Sector
OPEN PE vs Real Estate Sector
OPEN has no meaningful PE right now: it lost money over the past year.
NLOP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.57 | 0% above |
| 20 week MA | $10.6 | 9.8% below |
| 50 week MA | $13.9 | 31% below |
| 100 week MA | $22.3 | 57% below |
NLOP has stronger trend alignment. NLOP is above 1 of 4 weekly averages versus OPEN above 0 of 5.
OPEN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.97 | 37% below |
| 20 week MA | $3.00 | 59% below |
| 50 week MA | $4.37 | 72% below |
| 100 week MA | $3.74 | 67% below |
| 200 week MA | $3.13 | 60% below |
OPEN is in a downtrend: it's below all five of its weekly moving averages, and 60% below its 200-week average.
NLOP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $19.4 | $18.5 | -4.7% |
| 2024 | $18.5 | $30.8 | +67% |
| 2025 | $30.8 | $25.9 | -16% |
| 2026 YTD | $25.9 | $9.57 | -63% |
NLOP has the edge over OPEN on returns for 2026, with the stronger performance.
OPEN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $27.4 | +150% |
| 2021 | $27.4 | $14.9 | -46% |
| 2022 | $14.9 | $1.02 | -93% |
| 2023 | $1.02 | $4.48 | +339% |
| 2024 | $4.48 | $1.67 | -63% |
| 2025 | $1.67 | $6.01 | +260% |
| 2026 YTD | $6.01 | $1.24 | -79% |
OPEN's yearly returns have swung widely, from +339% in 2023 to −93% in 2022. It's down 79% so far in 2026.