Liberty Property Trust Company Profile (NYSE:LPT)

About Liberty Property Trust (NYSE:LPT)

Liberty Property Trust logoLiberty 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: Commercial REITs
  • Sub-Industry: Diversified REITs
  • Symbol: NYSE:LPT
  • CUSIP: 53117210
  • Web: www.libertyproperty.com
Capitalization:
  • Market Cap: $6.09893 billion
  • Outstanding Shares: 147,317,000
Average Prices:
  • 50 Day Moving Avg: $42.00
  • 200 Day Moving Avg: $41.52
  • 52 Week Range: $36.22 - $43.70
P/E:
  • Trailing P/E Ratio: 17.77
  • Foreward P/E Ratio: 15.86
  • P/E Growth: 6.72
Sales & Book Value:
  • Annual Revenue: $728.41 million
  • Price / Sales: 8.40
  • Book Value: $20.38 per share
  • Price / Book: 2.04
Dividend:
  • Annual Dividend: $1.60
  • Dividend Yield: 3.9%
Profitability:
  • EBITDA: $406.11 million
  • Net Margins: 47.24%
  • Return on Equity: 11.37%
  • Return on Assets: 5.51%
Debt:
  • Debt-to-Equity Ratio: 0.89%
  • Current Ratio: 2.15%
  • Quick Ratio: 2.15%
Misc:
  • Average Volume: 656,055 shs.
  • Beta: 0.88
  • Short Ratio: 2.34
 

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 Friday, September 8th. Investors of record on Monday, October 2nd will be paid a dividend of $0.40 per share on Sunday, October 15th. This represents a $1.60 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend is Friday, September 29th. View Liberty Property Trust's Dividend History.

How will Liberty Property Trust's stock buyback program work?

Liberty Property Trust declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, October 4th 2017, which permits the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

How were Liberty Property Trust's earnings last quarter?

Liberty Property Trust (NYSE:LPT) announced its earnings results on Tuesday, July, 26th. The company reported $0.68 EPS for the quarter, beating the Zacks' consensus estimate of $0.64 by $0.04. The company had revenue of $186.65 million for the quarter, compared to analysts' expectations of $191.42 million. Liberty Property Trust had a net margin of 47.24% and a return on equity of 11.37%. Liberty Property Trust's revenue was down 8.3% on a year-over-year basis. During the same quarter last year, the business earned $0.67 EPS. View Liberty Property Trust's Earnings History.

When will Liberty Property Trust make its next earnings announcement?

Liberty Property Trust is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Liberty Property Trust.

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

7 analysts have issued 1-year price objectives for Liberty Property Trust's shares. Their predictions range from $40.00 to $46.00. On average, they expect Liberty Property Trust's share price to reach $42.50 in the next twelve months. View Analyst Ratings for Liberty Property Trust.

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

Who are Liberty Property Trust's key executives?

Liberty Property Trust's management team includes the folowing people:

  • William P. Hankowsky, Chairman of the Board of Trustees, President, Chief Executive Officer
  • Christopher J. Papa, Chief Financial Officer, Executive Vice President
  • Michael T. Hagan, Executive Vice President, Chief Investment Officer
  • Herman C. Fala, General Counsel, Secretary
  • Antonio F. Fernandez, Director
  • Frederick F. Buchholz, Independent Trustee
  • Thomas C. DeLoach Jr., Independent Trustee
  • Katherine Elizabeth Dietze, Independent Trustee
  • Daniel P. Garton, Independent Trustee

Who owns Liberty Property Trust stock?

Liberty Property Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include PGGM Investments (2.03%), Robeco Institutional Asset Management B.V. (0.63%), Nationwide Fund Advisors (0.17%), Strs Ohio (0.13%), APG Asset Management N.V. (0.06%) and Fisher Asset Management LLC (0.06%). 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 Robeco Institutional Asset Management B.V., Shell Asset Management Co., Cordasco Financial Network, Nationwide Fund Advisors, State Treasurer State of Michigan and Strs Ohio. 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 PGGM Investments, APG Asset Management N.V., Harrington Investments INC, Fox Run Management L.L.C., Meeder Asset Management Inc., Fisher Asset Management LLC and Eqis Capital Management 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.

What is Liberty Property Trust's stock price today?

One share of Liberty Property Trust stock can currently be purchased for approximately $41.55.


MarketBeat Community Rating for Liberty Property Trust (NYSE LPT)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  120 (Vote Outperform)
Underperform Votes:  197 (Vote Underperform)
Total Votes:  317
MarketBeat's community ratings are surveys of what our community members think about Liberty Property Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Liberty Property Trust (NYSE:LPT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $42.50 (2.29% upside)
Consensus Price Target History for Liberty Property Trust (NYSE:LPT)
Price Target History for Liberty Property Trust (NYSE:LPT)
Analysts' Ratings History for Liberty Property Trust (NYSE:LPT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/21/2017Stifel NicolausReiterated RatingBuy$44.00LowView Rating Details
8/25/2017KeyCorpReiterated RatingHoldLowView Rating Details
3/30/2017Mitsubishi UFJ Financial GroupReiterated RatingOverweightLowView Rating Details
3/22/2017BMO Capital MarketsReiterated RatingHold$40.00LowView Rating Details
2/13/2017Capital One Financial CorporationDowngradeOverweight -> Equal Weight$40.00N/AView Rating Details
12/14/2016Sandler O'NeillDowngradeHold -> SellN/AView Rating Details
12/13/2016Wells Fargo & CompanyUpgradeMarket Perform -> OutperformN/AView Rating Details
9/6/2016Morgan StanleyInitiated CoverageEqual -> Equal Weight$38.00N/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
7/7/2016Citigroup Inc.Boost Price TargetNeutral$34.00 -> $41.00N/AView Rating Details
2/11/2016Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformN/AView Rating Details
1/12/2016Cowen and CompanyDowngradeOutperform -> Market Perform$36.00 -> $33.00N/AView Rating Details
1/7/2016SunTrust Banks, Inc.Lower Price Target$40.00 -> $35.00N/AView Rating Details
12/14/2015Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$32.00N/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

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)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017Q3 2017$0.63N/AView Earnings Details
7/25/2017Q2 2017$0.62$0.65$175.60 million$183.13 millionViewN/AView Earnings Details
4/25/2017Q1 2017$0.58$0.60$177.25 million$175.40 millionViewN/AView Earnings Details
2/7/2017Q416$0.41$0.41$181.74 million$179.10 millionViewListenView Earnings Details
10/25/2016Q316$0.66$0.66$188.30 million$190.86 millionViewListenView Earnings Details
7/26/2016Q216$0.64$0.68$191.42 million$186.65 millionViewListenView Earnings Details
4/26/2016Q116$0.61$0.62$195.65 million$190.14 millionViewListenView Earnings Details
2/9/2016Q415$0.64$0.65$197.60 million$199.40 millionViewListenView Earnings Details
10/27/2015Q315$0.65$0.67$201.11 million$198.97 millionViewListenView Earnings Details
7/28/2015Q215$0.65$0.67$202.10 million$203.50 millionViewListenView Earnings Details
4/21/2015Q115$0.62$0.70$203.70 million$206.90 millionViewListenView Earnings Details
2/3/2015Q414$0.65$0.67$201.92 million$203.69 millionViewListenView Earnings Details
10/21/2014Q314$0.62$0.64$201.10 million$198.40 millionViewListenView Earnings Details
7/22/2014Q214$0.61$0.59$200.15 million$193.00 millionViewListenView Earnings Details
4/22/2014Q114$0.59$0.58$198.00 million$197.60 millionViewListenView Earnings Details
2/4/2014Q413$0.63$0.63$202.85 million$192.43 millionViewListenView Earnings Details
10/22/2013Q313$0.63$0.57$184.95 millionViewListenView Earnings Details
7/23/2013Q213$0.66$0.66$175.13 million$178.10 millionViewListenView Earnings Details
4/23/2013Q113$0.63$0.65$175.93 million$176.60 millionViewListenView Earnings Details
2/5/2013$0.63$0.63$174.37 million$176.20 millionViewListenView Earnings Details
10/23/2012$0.63$0.64ViewN/AView Earnings Details
7/24/2012$0.63$0.63ViewN/AView Earnings Details
4/24/2012$0.62$0.68ViewN/AView Earnings Details
2/7/2012$0.63$0.63ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Liberty Property Trust (NYSE:LPT)
2017 EPS Consensus Estimate: $2.45
2018 EPS Consensus Estimate: $2.59
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.56$0.61$0.59
Q2 20174$0.60$0.65$0.62
Q3 20174$0.61$0.66$0.63
Q4 20174$0.56$0.66$0.62
Q1 20182$0.61$0.62$0.62
Q2 20182$0.64$0.66$0.65
Q3 20182$0.66$0.67$0.67
Q4 20182$0.65$0.66$0.66
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Liberty Property Trust (NYSE:LPT)
Most Recent Dividend:10/15/2017
Annual Dividend:$1.60
Dividend Yield:3.85%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:68.38% (Trailing 12 Months of Earnings)
63.49% (Based on This Year's Estimates)
61.07% (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)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/8/2017quarterly$0.403.74%9/29/201710/2/201710/15/2017
5/25/2017quarterly$0.403.86%6/29/20177/3/20177/15/2017
2/21/2017quarterly$0.404.08%3/29/20173/31/20174/15/2017
12/9/2016quarterly$0.484.69%12/29/20161/3/20171/16/2017
9/16/2016quarterly$0.484.88%9/29/201610/3/201610/17/2016
6/16/2016quarterly$0.484.95%6/29/20167/1/20167/15/2016
3/16/2016quarterly$0.485.93%3/30/20164/1/20164/15/2016
12/15/2015quarterly$0.485.97%12/30/20151/4/20161/15/2016
9/14/2015quarterly$0.486.16%9/29/201510/1/201510/15/2015
6/15/2015quarterly$0.485.7%6/29/20157/1/20157/15/2015
3/13/2015quarterly$0.485.5%3/30/20154/1/20154/15/2015
12/15/2014quarterly$0.485.32%12/30/20141/2/20151/15/2015
9/15/2014quarterly$0.485.36%9/29/201410/1/201410/15/2014
6/13/2014quarterly$0.485.06%6/27/20147/1/20147/15/2014
3/13/2014quarterly$0.485.18%3/28/20144/1/20144/15/2014
12/13/2013quarterly$0.485.76%12/30/20131/2/20141/15/2014
9/16/2013quarterly$0.485.09%9/27/201310/1/201310/15/2013
6/14/2013quarterly$0.485%6/27/20137/1/20137/15/2013
3/13/2013quarterly$0.484.77%3/27/20134/1/20134/15/2013
12/14/2012quarterly$0.485.45%12/28/20121/2/20131/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Liberty Property Trust (NYSE:LPT)
Insider Ownership Percentage: 1.50%
Institutional Ownership Percentage: 91.46%
Insider Trades by Quarter for Liberty Property Trust (NYSE:LPT)
Institutional Ownership by Quarter for Liberty Property Trust (NYSE:LPT)
Insider Trades by Quarter for Liberty Property Trust (NYSE:LPT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/27/2017Fredric J TomczykDirectorBuy5,000$38.85$194,250.00View SEC Filing  
2/18/2014Robert FenzaCOOSell10,000$36.30$363,000.00View SEC Filing  
2/11/2014William HankowskyCEOSell7,000$35.54$248,780.00View SEC Filing  
12/4/2013Michael HaganCIOSell9,600$33.17$318,432.00View SEC Filing  
10/31/2013William P HankowskyCEOSell3,000$37.15$111,450.00View SEC Filing  
5/15/2013Thomas C Deloach JrDirectorSell10,000$44.16$441,600.00View SEC Filing  
10/3/2012Michael T HaganCIOSell10,500$37.00$388,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Liberty Property Trust (NYSE:LPT)
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Chart

Liberty Property Trust (LPT) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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