One Liberty Properties (OLP) to Release Earnings on Wednesday

One Liberty Properties (NYSE:OLP) is expected to be releasing its results before the market opens on Wednesday, March 4th. Analysts expect One Liberty Properties to post earnings of $0.47 per share and revenue of $24.2110 million for the quarter.

One Liberty Properties Stock Performance

Shares of OLP opened at $23.33 on Wednesday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.92 and a quick ratio of 1.92. The firm’s 50 day moving average is $21.45 and its 200-day moving average is $21.55. One Liberty Properties has a 12-month low of $19.62 and a 12-month high of $28.35. The stock has a market capitalization of $505.09 million, a P/E ratio of 15.15, a P/E/G ratio of 2.75 and a beta of 0.98.

One Liberty Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 22nd were given a $0.45 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.80 annualized dividend and a yield of 7.7%. One Liberty Properties’s payout ratio is 116.88%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of One Liberty Properties in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, One Liberty Properties presently has an average rating of “Sell”.

Hedge Funds Weigh In On One Liberty Properties

Several institutional investors and hedge funds have recently added to or reduced their stakes in OLP. Norges Bank purchased a new stake in shares of One Liberty Properties in the fourth quarter valued at $1,187,000. Man Group plc raised its position in One Liberty Properties by 184.6% during the second 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. Millennium Management LLC purchased a new stake in One Liberty Properties in the 4th quarter worth about $656,000. Jane Street Group LLC lifted its stake in One Liberty Properties by 172.5% in the 1st quarter. Jane Street Group LLC now owns 49,468 shares of the real estate investment trust’s stock worth $1,300,000 after acquiring an additional 31,313 shares in the last quarter. Finally, HRT Financial LP acquired a new stake in One Liberty Properties during the 4th quarter worth about $483,000. 36.24% of the stock is currently owned by hedge funds and other institutional investors.

About One Liberty Properties

One Liberty Properties, Inc is a self-administered real estate investment trust (REIT) specializing in the acquisition, ownership and management of net leased commercial properties. The company focuses on single-tenant retail, office and industrial assets that are subject to long-term, triple-net leases, shifting operating responsibilities—such as maintenance, insurance and taxes—to the tenant. One Liberty’s strategy emphasizes creditworthy tenants, lease durations that provide predictable cash flow and geographically diversified holdings.

Since its founding in 1988 and incorporation as a REIT in 1993, One Liberty has assembled a portfolio of more than 130 properties spanning retail convenience centers, quick-service restaurants, automotive service stations, office buildings and light industrial facilities.