One Liberty Properties (OLP) to Release Quarterly Earnings on Tuesday

One Liberty Properties (NYSE:OLP) is expected to issue its quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.48 per share and revenue of $24.59 million for the quarter.

One Liberty Properties Stock Up 1.1 %

OLP opened at $24.55 on Friday. The business has a 50 day simple moving average of $25.34 and a 200-day simple moving average of $26.58. One Liberty Properties has a 12 month low of $22.32 and a 12 month high of $30.45. The stock has a market capitalization of $529.96 million, a P/E ratio of 15.15, a P/E/G ratio of 3.02 and a beta of 1.11. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.48 and a quick ratio of 2.48.

One Liberty Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Thursday, March 27th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, March 27th. This represents a $1.80 annualized dividend and a dividend yield of 7.33%. One Liberty Properties’s payout ratio is currently 128.57%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of One Liberty Properties from a “hold” rating to a “buy” rating in a research note on Saturday, March 15th.

Insider Buying and Selling

In related news, EVP Justin Clair sold 3,324 shares of the business’s stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $25.10, for a total value of $83,432.40. Following the sale, the executive vice president now directly owns 35,750 shares in the company, valued at $897,325. The trade was a 8.51 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 25.40% of the company’s stock.

About One Liberty Properties

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.