One Liberty Properties (OLP) to Release Earnings on Tuesday

One Liberty Properties (NYSE:OLP) is expected to announce its results before the market opens on Tuesday, November 4th. Analysts expect the company to announce earnings of $0.48 per share for the quarter.

One Liberty Properties (NYSE:OLP) last released its earnings results on Tuesday, August 5th. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.49. The firm had revenue of $24.55 million during the quarter, compared to analyst estimates of $25.00 million. One Liberty Properties had a net margin of 29.85% and a return on equity of 9.26%. On average, analysts expect One Liberty Properties to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

One Liberty Properties Price Performance

One Liberty Properties stock opened at $20.64 on Tuesday. The firm has a 50-day moving average price of $22.24 and a 200-day moving average price of $23.34. The firm has a market capitalization of $445.85 million, a PE ratio of 16.00, a price-to-earnings-growth ratio of 2.49 and a beta of 1.06. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.50. One Liberty Properties has a 12-month low of $20.31 and a 12-month high of $30.45.

One Liberty Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, September 24th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 8.7%. The ex-dividend date was Wednesday, September 24th. One Liberty Properties’s dividend payout ratio (DPR) is 139.53%.

Institutional Investors Weigh In On One Liberty Properties

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Strs Ohio bought a new stake in One Liberty Properties during the 1st quarter valued at about $76,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in One Liberty Properties by 6.2% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,051 shares of the real estate investment trust’s stock valued at $240,000 after buying an additional 585 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in One Liberty Properties by 13.2% during the 2nd quarter. Quantinno Capital Management LP now owns 13,578 shares of the real estate investment trust’s stock valued at $324,000 after buying an additional 1,583 shares in the last quarter. Legal & General Group Plc lifted its holdings in One Liberty Properties by 13.9% during the 2nd quarter. Legal & General Group Plc now owns 21,098 shares of the real estate investment trust’s stock valued at $503,000 after buying an additional 2,571 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in One Liberty Properties by 17.4% during the 2nd quarter. Rhumbline Advisers now owns 33,710 shares of the real estate investment trust’s stock valued at $804,000 after buying an additional 5,001 shares in the last quarter. Institutional investors own 36.24% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e-)” rating on shares of One Liberty Properties in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

One Liberty Properties Company Profile

One Liberty Properties, Inc is a real estate investment trust, which engages in acquisition, ownership, and management of the geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness, and theater properties, many of which are subject to long-term leases.