One Liberty Properties (OLP) Projected to Post Earnings on Tuesday

One Liberty Properties (NYSE:OLP) is expected to post its results before the market opens on Tuesday, November 4th. Analysts expect One Liberty Properties to post 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. One Liberty Properties had a net margin of 29.85% and a return on equity of 9.26%. The business had revenue of $24.55 million for the quarter, compared to analysts’ expectations of $25.00 million. 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 Stock Performance

Shares of OLP stock opened at $20.09 on Friday. One Liberty Properties has a one year low of $19.80 and a one year high of $30.45. The company has a debt-to-equity ratio of 1.50, a quick ratio of 2.07 and a current ratio of 2.07. The company has a 50 day moving average price of $22.00 and a 200 day moving average price of $23.23. The firm has a market capitalization of $433.90 million, a price-to-earnings ratio of 15.57, a price-to-earnings-growth ratio of 2.41 and a beta of 1.06.

One Liberty Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, September 24th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date was Wednesday, September 24th. One Liberty Properties’s dividend payout ratio is presently 139.53%.

Analyst Ratings Changes

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

Hedge Funds Weigh In On One Liberty Properties

Hedge funds have recently made changes to their positions in the business. Quantinno Capital Management LP boosted its position 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 worth $324,000 after purchasing an additional 1,583 shares during the period. Legal & General Group Plc lifted its stake in shares of One Liberty Properties by 13.9% during the second quarter. Legal & General Group Plc now owns 21,098 shares of the real estate investment trust’s stock worth $503,000 after purchasing an additional 2,571 shares in the last quarter. Jane Street Group LLC boosted its position in shares of One Liberty Properties by 172.5% in the first quarter. Jane Street Group LLC now owns 49,468 shares of the real estate investment trust’s stock worth $1,300,000 after buying an additional 31,313 shares during the period. Raymond James Financial Inc. grew its stake in shares of One Liberty Properties by 18.9% in the second quarter. Raymond James Financial Inc. now owns 70,518 shares of the real estate investment trust’s stock valued at $1,683,000 after buying an additional 11,210 shares in the last quarter. Finally, Man Group plc raised its holdings in shares of One Liberty Properties by 184.6% during the 2nd quarter. Man Group plc now owns 71,397 shares of the real estate investment trust’s stock valued at $1,704,000 after buying an additional 46,308 shares during the period. Hedge funds and other institutional investors own 36.24% 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.