One Liberty Properties, Inc. (NYSE:OLP) Expected to Earn Q1 2024 Earnings of $0.41 Per Share

One Liberty Properties, Inc. (NYSE:OLP) – Investment analysts at B. Riley decreased their Q1 2024 EPS estimates for One Liberty Properties in a report issued on Monday, April 15th. B. Riley analyst J. Massocca now expects that the real estate investment trust will earn $0.41 per share for the quarter, down from their prior forecast of $0.42. B. Riley has a “Buy” rating and a $25.00 price objective on the stock. The consensus estimate for One Liberty Properties’ current full-year earnings is $1.70 per share. B. Riley also issued estimates for One Liberty Properties’ Q1 2025 earnings at $0.42 EPS, Q2 2025 earnings at $0.41 EPS, Q3 2025 earnings at $0.43 EPS and Q4 2025 earnings at $0.45 EPS.

Separately, StockNews.com raised shares of One Liberty Properties from a “hold” rating to a “buy” rating in a report on Wednesday, April 10th.

One Liberty Properties Stock Down 1.2 %

OLP stock opened at $21.31 on Tuesday. The stock has a market capitalization of $452.73 million, a P/E ratio of 15.44, a price-to-earnings-growth ratio of 2.59 and a beta of 1.32. The company has a current ratio of 2.48, a quick ratio of 2.48 and a debt-to-equity ratio of 1.36. One Liberty Properties has a 12 month low of $17.55 and a 12 month high of $23.43. The firm has a 50-day moving average price of $21.56 and a 200-day moving average price of $20.78.

One Liberty Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Wednesday, March 27th were issued a $0.45 dividend. The ex-dividend date was Tuesday, March 26th. This represents a $1.80 dividend on an annualized basis and a yield of 8.45%. One Liberty Properties’s dividend payout ratio (DPR) is presently 130.44%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. New York State Teachers Retirement System bought a new position in One Liberty Properties in the 3rd quarter valued at approximately $27,000. Fortis Group Advisors LLC raised its holdings in One Liberty Properties by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 1,268 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 634 shares during the last quarter. Lazard Asset Management LLC bought a new position in One Liberty Properties during the 1st quarter worth approximately $29,000. Tower Research Capital LLC TRC raised its holdings in One Liberty Properties by 235.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,694 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 1,189 shares during the last quarter. Finally, Bessemer Group Inc. bought a new position in One Liberty Properties during the 4th quarter worth approximately $45,000. Institutional investors own 36.24% of the company’s stock.

About One Liberty Properties

One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial and retail properties. Many of these properties are subject to long-term net leases under which the tenant is typically responsible for the property's real estate taxes, insurance and ordinary maintenance and repairs.