Liberty Property Trust Company Profile (NYSE:LPT)

About Liberty Property Trust (NYSE:LPT)

Liberty Property Trust (the Trust) is a self-administered and self-managed Maryland real estate investment trust (REIT). The Trust's assets are owned directly or indirectly, and substantially all of the Trust's operations are conducted directly or indirectly, by its subsidiary, Liberty Property Limited Partnership (the Operating Partnership). The Company's segments include Carolinas/Richmond; Chicago/Milwaukee; Florida; Houston; Lehigh/Central PA; Minnesota; Philadelphia; Southeastern PA; United Kingdom, and Other, which includes Arizona; Atlanta; Cincinnati/Columbus/Indianapolis; Dallas; DC Metro; New Jersey; Southern California, and other. The Company owns and operates industrial properties nationally and owns and operates office properties in a focused group of office markets. Additionally, the Company owns certain assets in the United Kingdom. As of December 31, 2016, the Company owned and operated 450 industrial and 55 office properties totaling 86.0 million square feet.

Industry, Sector and Symbol:

Sector: Finance
Industry: REIT - Office
Sub-Industry: Diversified REITs
Symbol: NYSE:LPT
CUSIP: 53117210
Web: www.libertyproperty.com

Capitalization:

Market Cap: $6.09 billion
Outstanding Shares: 147,212,000

Average Prices:

50 Day Moving Avg: $40.64
200 Day Moving Avg: $39.44
52 Week Range: $36.02 - $42.26

P/E:

Trailing P/E Ratio: 17.90
Foreward P/E Ratio: 32.59
P/E Growth: 6.30

Sales & Book Value:

Annual Revenue: $731.93 million
Price / Sales: 8.32
Book Value: $20.35 per share
Price / Book: 2.03

Dividend:

Annual Dividend: $1.90
Dividend Yield: 3.9%

Profitability:

EBIDTA: $418.26 million
Net Margins: 47.78%
Return on Equity: 12.02%
Return on Assets: 5.53%

Debt:

Debt-to-Equity Ratio: 0.83%
Current Ratio: 2.05%
Quick Ratio: 1.46%

Misc:

Average Volume: 814,661 shs.
Beta: 0.89
Short Ratio: 2.86

Frequently Asked Questions for Liberty Property Trust (NYSE:LPT)

What is Liberty Property Trust's stock symbol?

Liberty Property Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "LPT."

How often does Liberty Property Trust pay dividends? What is the dividend yield for Liberty Property Trust?

Liberty Property Trust announced a quarterly dividend on Tuesday, February 21st. Shareholders of record on Friday, March 31st will be given a dividend of $0.40 per share on Saturday, April 15th. This represents a $1.60 annualized dividend and a yield of 3.87%. The ex-dividend date is Wednesday, March 29th. View Liberty Property Trust's Dividend History.

How were Liberty Property Trust's earnings last quarter?

Liberty Property Trust (NYSE:LPT) posted its quarterly earnings results on Tuesday, April, 25th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.02. The business had revenue of $175.40 million for the quarter, compared to the consensus estimate of $177.25 million. Liberty Property Trust had a net margin of 47.78% and a return on equity of 12.02%. The firm's quarterly revenue was down 7.7% on a year-over-year basis. During the same quarter last year, the business posted $0.62 EPS. View Liberty Property Trust's Earnings History.

What guidance has Liberty Property Trust issued on next quarter's earnings?

Liberty Property Trust issued an update on its FY17 earnings guidance on Tuesday, April, 25th. The company provided earnings per share guidance of $2.42-2.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.45.

Where is Liberty Property Trust's stock going? Where will Liberty Property Trust's stock price be in 2017?

9 analysts have issued 12-month price objectives for Liberty Property Trust's stock. Their forecasts range from $38.00 to $46.00. On average, they anticipate Liberty Property Trust's share price to reach $41.50 in the next year. View Analyst Ratings for Liberty Property Trust.

Who are some of Liberty Property Trust's key competitors?

Some companies that are related to Liberty Property Trust include Alexandria Real Estate Equities (ARE), Kilroy Realty Corp (KRC), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), Biomed Realty Trust (BMR), Gramercy Property Trust (GPT), DuPont Fabros Technology (DFT), Equity Commonwealth (EQC), CoreSite Realty Corp (COR), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Columbia Property Trust (CXP), Washington Real Estate Investment Trust (WRE), Mack Cali Realty Corp (CLI), Brookfield Canada Office Properties (BOXC), Select Income REIT (SIR), Government Properties Income Trust (GOV) and New York REIT (NYRT).

Who owns Liberty Property Trust stock?

Liberty Property Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (16.15%), BlackRock Inc. (13.13%), State Street Corp (5.80%), Morgan Stanley (3.89%), Goldman Sachs Group Inc. (3.00%) and JPMorgan Chase & Co. (2.11%). View Institutional Ownership Trends for Liberty Property Trust.

Who sold Liberty Property Trust stock? Who is selling Liberty Property Trust stock?

Liberty Property Trust's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of New York Mellon Corp, Credit Agricole S A, American Century Companies Inc., JPMorgan Chase & Co., Neuberger Berman Group LLC, Los Angeles Capital Management & Equity Research Inc. and Korea Investment CORP. View Insider Buying and Selling for Liberty Property Trust.

Who bought Liberty Property Trust stock? Who is buying Liberty Property Trust stock?

Liberty Property Trust's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., PGGM Investments, Bank of Montreal Can, Alliancebernstein L.P., Vanguard Group Inc., Morgan Stanley, Geode Capital Management LLC and Principal Financial Group Inc.. View Insider Buying and Selling for Liberty Property Trust.

How do I buy Liberty Property Trust stock?

Shares of Liberty Property Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Liberty Property Trust stock cost?

One share of Liberty Property Trust stock can currently be purchased for approximately $41.39.

Consensus Ratings for Liberty Property Trust (NYSE:LPT) (?)

Ratings Breakdown:	1 Sell Rating, 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:	Hold (Score: 2.22)
Consensus Price Target:	$41.50 (0.27% upside)

Analysts' Ratings History for Liberty Property Trust (NYSE:LPT)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
4/26/2017	Stifel Nicolaus	Boost Price Target	Buy	$42.00 -> $44.00	Low
3/30/2017	Mitsubishi UFJ Financial Group	Reiterated Rating	Overweight		Low
3/22/2017	BMO Capital Markets	Reiterated Rating	Hold	$40.00	Low
2/13/2017	Capital One Financial Corp.	Downgrade	Overweight -> Equal Weight	$40.00	N/A
12/14/2016	Sandler O'Neill	Downgrade	Hold -> Sell		N/A
12/13/2016	Wells Fargo & Co	Upgrade	Market Perform -> Outperform		N/A
9/6/2016	Morgan Stanley	Initiated Coverage	Equal -> Equal Weight	$38.00	N/A
8/25/2016	BTIG Research	Initiated Coverage	Neutral		N/A
7/7/2016	Citigroup Inc	Boost Price Target	Neutral	$34.00 -> $41.00	N/A
2/11/2016	Oppenheimer Holdings Inc.	Reiterated Rating	Market Perform		N/A
1/12/2016	Cowen and Company	Downgrade	Outperform -> Market Perform	$36.00 -> $33.00	N/A
1/7/2016	SunTrust Banks, Inc.	Lower Price Target		$40.00 -> $35.00	N/A
12/14/2015	Goldman Sachs Group Inc	Initiated Coverage	Neutral	$32.00	N/A

(Data available from 5/24/2015 forward)

Earnings History for Liberty Property Trust (NYSE:LPT)

Earnings by Quarter for Liberty Property Trust (NYSE:LPT)

Earnings History by Quarter for Liberty Property Trust (NYSE:LPT)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
4/25/2017	Q1 2017	$0.58	$0.60	$177.25 million	$175.40 million	View	N/A
2/7/2017	Q416	$0.41	$0.41	$181.74 million	$179.10 million	View	Listen
10/25/2016	Q316	$0.66	$0.66	$188.30 million	$190.86 million	View	Listen
7/26/2016	Q216	$0.64	$0.68	$191.42 million	$186.65 million	View	Listen
4/26/2016	Q116	$0.61	$0.62	$195.65 million	$190.14 million	View	Listen
2/9/2016	Q415	$0.64	$0.65	$197.60 million	$199.40 million	View	Listen
10/27/2015	Q315	$0.65	$0.67	$201.11 million	$198.97 million	View	Listen
7/28/2015	Q215	$0.65	$0.67	$202.10 million	$203.50 million	View	Listen
4/21/2015	Q115	$0.62	$0.70	$203.70 million	$206.90 million	View	Listen
2/3/2015	Q414	$0.65	$0.67	$201.92 million	$203.69 million	View	Listen
10/21/2014	Q314	$0.62	$0.64	$201.10 million	$198.40 million	View	Listen
7/22/2014	Q214	$0.61	$0.59	$200.15 million	$193.00 million	View	Listen
4/22/2014	Q114	$0.59	$0.58	$198.00 million	$197.60 million	View	Listen
2/4/2014	Q413	$0.63	$0.63	$202.85 million	$192.43 million	View	Listen
10/22/2013	Q313	$0.63	$0.57	$184.95 million		View	Listen
7/23/2013	Q213	$0.66	$0.66	$175.13 million	$178.10 million	View	Listen
4/23/2013	Q113	$0.63	$0.65	$175.93 million	$176.60 million	View	Listen
2/5/2013		$0.63	$0.63	$174.37 million	$176.20 million	View	Listen
10/23/2012		$0.63	$0.64			View	N/A
7/24/2012		$0.63	$0.63			View	N/A
4/24/2012		$0.62	$0.68			View	N/A
2/7/2012		$0.63	$0.63			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Liberty Property Trust (NYSE:LPT)

2017 EPS Consensus Estimate: $2.46
2018 EPS Consensus Estimate: $2.59

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	3	$0.56	$0.61	$0.59
Q2 2017	4	$0.60	$0.65	$0.62
Q3 2017	4	$0.62	$0.66	$0.64
Q4 2017	4	$0.56	$0.66	$0.62
Q1 2018	2	$0.61	$0.62	$0.62
Q2 2018	2	$0.64	$0.66	$0.65
Q3 2018	2	$0.66	$0.67	$0.67
Q4 2018	2	$0.65	$0.66	$0.66

(Data provided by Zacks Investment Research)

Current Dividend Information for Liberty Property Trust (NYSE:LPT)

Most Recent Dividend:	4/15/2017
Annual Dividend:	$1.90
Dividend Yield:	4.59%
Dividend Growth:	0.00% (3 Year Average)
Payout Ratio:	78.19% (Trailing 12 Months of Earnings) 146.15% (Based on This Year's Estimates) 149.61% (Based on Next Year's Estimates)
Track Record:	2 Years of Consecutive Dividend Growth

Dividend Payments by Quarter for Liberty Property Trust (NYSE:LPT)

Dividend History by Quarter for Liberty Property Trust (NYSE:LPT)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
2/21/2017	quarterly	$0.40	4.08%	3/29/2017	3/31/2017	4/15/2017
12/9/2016	quarterly	$0.48	4.69%	12/29/2016	1/3/2017	1/16/2017
9/16/2016	quarterly	$0.48	4.88%	9/29/2016	10/3/2016	10/17/2016
6/16/2016	quarterly	$0.48	4.95%	6/29/2016	7/1/2016	7/15/2016
3/16/2016	quarterly	$0.48	5.93%	3/30/2016	4/1/2016	4/15/2016
12/15/2015	quarterly	$0.48	5.97%	12/30/2015	1/4/2016	1/15/2016
9/14/2015	quarterly	$0.48	6.16%	9/29/2015	10/1/2015	10/15/2015
6/15/2015	quarterly	$0.48	5.7%	6/29/2015	7/1/2015	7/15/2015
3/13/2015	quarterly	$0.48	5.5%	3/30/2015	4/1/2015	4/15/2015
12/15/2014	quarterly	$0.48	5.32%	12/30/2014	1/2/2015	1/15/2015
9/15/2014	quarterly	$0.48	5.36%	9/29/2014	10/1/2014	10/15/2014
6/13/2014	quarterly	$0.48	5.06%	6/27/2014	7/1/2014	7/15/2014
3/13/2014	quarterly	$0.48	5.18%	3/28/2014	4/1/2014	4/15/2014
12/13/2013	quarterly	$0.48	5.76%	12/30/2013	1/2/2014	1/15/2014
9/16/2013	quarterly	$0.48	5.09%	9/27/2013	10/1/2013	10/15/2013
6/14/2013	quarterly	$0.48	5%	6/27/2013	7/1/2013	7/15/2013
3/13/2013	quarterly	$0.48	4.77%	3/27/2013	4/1/2013	4/15/2013
12/14/2012	quarterly	$0.48	5.45%	12/28/2012	1/2/2013	1/15/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Liberty Property Trust (NYSE:LPT)

Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 97.52%

Institutional Ownership by Quarter for Liberty Property Trust (NYSE:LPT)

Insider Trades by Quarter for Liberty Property Trust (NYSE:LPT)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
3/27/2017	Fredric J Tomczyk	Director	Buy	5,000	$38.85	$194,250.00
2/18/2014	Robert Fenza	COO	Sell	10,000	$36.30	$363,000.00
2/11/2014	William Hankowsky	CEO	Sell	7,000	$35.54	$248,780.00
12/4/2013	Michael Hagan	CIO	Sell	9,600	$33.17	$318,432.00
10/31/2013	William P Hankowsky	CEO	Sell	3,000	$37.15	$111,450.00
5/15/2013	Thomas C Deloach Jr	Director	Sell	10,000	$44.16	$441,600.00
10/3/2012	Michael T Hagan	CIO	Sell	10,500	$37.00	$388,500.00

(Data available from 1/1/2013 forward)

Headline Trends for Liberty Property Trust (NYSE:LPT) Latest Headlines for Liberty Property Trust (NYSE:LPT)

Source:

Date	Headline
	E-Commerce Giving Industrial REITs A Big Boost seekingalpha.com - May 24 at 11:02 AM
	Liberty Property (LPT) Rides on Growing Industrial Market finance.yahoo.com - May 22 at 10:18 AM
	MRC Global leases its largest distribution center finance.yahoo.com - May 19 at 10:53 AM
	Liberty Property Trust (LPT) Receives Average Rating of "Hold" from Analysts www.americanbankingnews.com - May 16 at 9:00 AM
	$170.13 Million in Sales Expected for Liberty Property Trust (LPT) This Quarter www.americanbankingnews.com - May 13 at 8:00 AM
	$0.62 EPS Expected for Liberty Property Trust (LPT) This Quarter www.americanbankingnews.com - May 11 at 8:20 PM
	Liberty Property Trust (LPT) Earns Daily News Sentiment Score of -0.06 www.americanbankingnews.com - May 3 at 12:04 PM
	A Dividend Cut, Now What? seekingalpha.com - May 1 at 12:50 PM
	Brokers Set Expectations for Liberty Property Trust's Q2 2017 Earnings (LPT) www.americanbankingnews.com - May 1 at 7:54 AM
	Liberty Property Trust (LPT) Earns Media Sentiment Score of 0.16 www.americanbankingnews.com - April 30 at 5:21 PM
	Capital One Financial Corp. Weighs in on Liberty Property Trust's Q1 2018 Earnings (LPT) www.americanbankingnews.com - April 28 at 10:00 PM
	Liberty Property Trust (LPT) Given Daily Coverage Optimism Rating of 0.10 www.americanbankingnews.com - April 27 at 8:31 PM
	Liberty Property Trust (LPT) Given "Buy" Rating at Stifel Nicolaus www.americanbankingnews.com - April 26 at 9:28 PM
	Liberty Property Trust's (LPT) CEO Bill Hankowsky on Q1 2017 Results - Earnings Call Transcript seekingalpha.com - April 26 at 6:57 PM
	Liberty (LPT) Beats Q1 FFO & Revenue Estimates, Stock Up finance.yahoo.com - April 26 at 6:57 PM
	Edited Transcript of LPT earnings conference call or presentation 25-Apr-17 5:00pm GMT finance.yahoo.com - April 26 at 6:57 PM
	Research Analysts Set Expectations for Liberty Property Trust's FY2018 Earnings (LPT) www.americanbankingnews.com - April 26 at 4:46 PM
	Liberty Property Trust Announces First Quarter 2017 Results globenewswire.com - April 25 at 5:44 PM
	Liberty Property Trust (LPT) Passes Through 4% Yield Mark www.nasdaq.com - April 25 at 5:44 PM
	Liberty Property Trust (LPT) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS www.americanbankingnews.com - April 25 at 4:00 PM
	Liberty Property Trust (LPT) Updates FY17 Earnings Guidance www.americanbankingnews.com - April 25 at 10:34 AM
	Liberty Property reports 1Q results marketbeat.com - April 25 at 8:18 AM
	Somewhat Negative Media Coverage Very Likely to Affect Liberty Property Trust (LPT) Stock Price www.americanbankingnews.com - April 24 at 2:06 PM
	$0.58 Earnings Per Share Expected for Liberty Property Trust (LPT) This Quarter www.americanbankingnews.com - April 21 at 12:11 AM
	Capital One Financial Corp. Weighs in on Liberty Property Trust's Q1 2017 Earnings (LPT) www.americanbankingnews.com - April 19 at 7:22 AM
	Liberty Property Trust (LPT) Receiving Somewhat Critical Media Coverage, Report Finds www.americanbankingnews.com - April 16 at 12:15 PM
	FY2017 EPS Estimates for Liberty Property Trust Raised by KeyCorp (LPT) www.americanbankingnews.com - April 14 at 12:16 PM
	Brokers Offer Predictions for Liberty Property Trust's Q1 2017 Earnings (LPT) www.americanbankingnews.com - April 14 at 8:38 AM
	Liberty Property Trust (LPT) Given Media Sentiment Rating of 0.16 www.americanbankingnews.com - April 13 at 2:22 PM
	Liberty Property Trust Hosts First Quarter 2017 Results Conference Call finance.yahoo.com - April 4 at 8:48 AM
	Insider Buying: Liberty Property Trust (LPT) Director Purchases 5,000 Shares of Stock www.americanbankingnews.com - March 29 at 10:34 PM
	LIBERTY PROPERTY TRUST Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial biz.yahoo.com - March 28 at 5:55 PM
	Liberty Property Trust (LPT) Receives Average Rating of "Hold" from Brokerages www.americanbankingnews.com - March 27 at 1:29 PM
	Liberty Property Trust's (LPT) "Hold" Rating Reiterated at BMO Capital Markets www.americanbankingnews.com - March 25 at 12:24 AM
	Liberty Property Trust is Oversold www.nasdaq.com - March 11 at 12:35 AM
	Jefferson is expanding at the Navy Yard. Its president talks the future 'one-stop' destination. www.bizjournals.com - March 10 at 7:34 PM
	New Stihl distributor warehouse to break ground near OIA www.bizjournals.com - March 9 at 8:53 AM
	Liberty (LPT) About to Complete Buildings at Shopton Ridge www.zacks.com - March 8 at 7:35 AM
	LIBERTY PROPERTY TRUST Financials finance.yahoo.com - March 7 at 6:07 PM
	Healthcare stocks slide after the GOP releases its plan to repeal Obamacare finance.yahoo.com - March 7 at 10:36 AM
	Construction wrapping up on Shopton Ridge building, second building planned www.bizjournals.com - March 6 at 5:53 PM
	LIBERTY PROPERTY TRUST Files SEC form 10-K, Annual Report biz.yahoo.com - March 1 at 6:05 PM
	LIBERTY PROPERTY TRUST Files SEC form 8-K, Change in Directors or Principal Officers biz.yahoo.com - March 1 at 6:05 PM
	Bullish Two Hundred Day Moving Average Cross - LPT www.nasdaq.com - February 23 at 6:13 AM
	Liberty Property Trust (LPT) Lowers Quarterly Dividend 15.8% to $0.40; 4.1% Yield www.streetinsider.com - February 18 at 9:48 AM
	4:05 pm Liberty Prop lowers quarterly cash dividend to $0.40 per share, down from prior $0.475 per share finance.yahoo.com - February 17 at 6:26 PM
	Liberty Property Trust Announces First Quarter 2017 Dividend feeds.benzinga.com - February 17 at 5:00 PM
	Liberty Property (LPT) to Grow on Solid Industrial Market finance.yahoo.com - February 13 at 10:36 AM
	LIBERTY PROPERTY TRUST Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, F us.rd.yahoo.com - February 9 at 12:08 AM
	Liberty Property Trust FFO in-line, misses on revenue seekingalpha.com - February 8 at 7:07 PM