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

Key Points

• One Liberty Properties (NYSE:OLP) is expected to announce its quarterly earnings results before the market opens on Tuesday, August 5th, with analysts predicting earnings of $0.49 per share and revenue of $25 million.
• The company recently declared a quarterly dividend of $0.45 per share, representing a 7.89% annual yield, though its payout ratio stands at 133.33%.
• Wall Street recently downgraded One Liberty Properties from a "buy" rating to a "hold" rating, reflecting a cautious outlook among analysts.

One Liberty Properties (NYSE:OLP - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, August 5th. Analysts expect the company to announce earnings of $0.49 per share and revenue of $25.00 million for the quarter.

One Liberty Properties (NYSE:OLP - Get Free Report) last posted its earnings results on Tuesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, meeting analysts' consensus estimates of $0.48. The company had revenue of $24.17 million for the quarter, compared to the consensus estimate of $24.59 million. One Liberty Properties had a return on equity of 9.59% and a net margin of 31.96%. 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

OLP traded down $0.27 during midday trading on Friday, reaching $22.11. The company had a trading volume of 79,595 shares, compared to its average volume of 57,763. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 1.55. The business has a 50-day moving average of $24.14 and a two-hundred day moving average of $24.91. The company has a market cap of $477.35 million, a P/E ratio of 16.38, a P/E/G ratio of 2.71 and a beta of 1.10. One Liberty Properties has a 1 year low of $21.94 and a 1 year high of $30.45.

One Liberty Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Wednesday, June 25th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend was Wednesday, June 25th. One Liberty Properties's dividend payout ratio (DPR) is 133.33%.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded One Liberty Properties from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th.

Insiders Place Their Bets

In other One Liberty Properties news, COO Lawrence Ricketts sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $24.98, for a total transaction of $49,960.00. Following the completion of the transaction, the chief operating officer owned 185,106 shares in the company, valued at $4,623,947.88. This trade represents a 1.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 25.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in One Liberty Properties stock. Strs Ohio acquired a new stake in One Liberty Properties, Inc. (NYSE:OLP - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,900 shares of the real estate investment trust's stock, valued at approximately $76,000. Institutional investors own 36.24% of the company's stock.

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.