One Liberty Properties, Inc. (NYSE:OLP) – Research analysts at B. Riley issued their Q1 2019 EPS estimates for One Liberty Properties in a research report issued on Friday. B. Riley analyst C. Kucera forecasts that the real estate investment trust will post earnings per share of $0.48 for the quarter. B. Riley currently has a “Hold” rating and a $25.00 target price on the stock. B. Riley also issued estimates for One Liberty Properties’ Q2 2019 earnings at $0.50 EPS, Q3 2019 earnings at $0.50 EPS, Q4 2019 earnings at $0.50 EPS and FY2019 earnings at $1.98 EPS.
One Liberty Properties (NYSE:OLP) last posted its earnings results on Tuesday, March 13th. The real estate investment trust reported $0.22 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.22. One Liberty Properties had a return on equity of 8.20% and a net margin of 31.81%. The company had revenue of $19.89 million for the quarter, compared to the consensus estimate of $19.31 million.
A number of other analysts have also recently commented on OLP. TheStreet cut One Liberty Properties from a “b-” rating to a “c+” rating in a research report on Tuesday, March 13th. Zacks Investment Research upgraded One Liberty Properties from a “hold” rating to a “strong-buy” rating and set a $31.00 target price for the company in a research report on Tuesday, November 28th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. One Liberty Properties currently has a consensus rating of “Hold” and a consensus price target of $25.70.
Shares of One Liberty Properties stock traded down $0.09 on Monday, reaching $23.90. The company’s stock had a trading volume of 12,045 shares, compared to its average volume of 51,898. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.42 and a current ratio of 1.42. The stock has a market capitalization of $451.63, a PE ratio of 11.54 and a beta of 0.83. One Liberty Properties has a fifty-two week low of $21.02 and a fifty-two week high of $27.70.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 6th. Stockholders of record on Tuesday, March 27th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 7.53%. The ex-dividend date is Monday, March 26th. One Liberty Properties’s payout ratio is 139.53%.
Several hedge funds have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. bought a new stake in shares of One Liberty Properties during the 4th quarter worth approximately $323,000. MetLife Investment Advisors LLC bought a new stake in shares of One Liberty Properties during the 4th quarter worth approximately $163,000. Millennium Management LLC lifted its stake in shares of One Liberty Properties by 152.9% during the 4th quarter. Millennium Management LLC now owns 64,681 shares of the real estate investment trust’s stock worth $1,677,000 after acquiring an additional 39,110 shares during the last quarter. TIAA CREF Investment Management LLC lifted its stake in shares of One Liberty Properties by 10.3% during the 4th quarter. TIAA CREF Investment Management LLC now owns 64,978 shares of the real estate investment trust’s stock worth $1,684,000 after acquiring an additional 6,090 shares during the last quarter. Finally, Two Sigma Investments LP lifted its stake in shares of One Liberty Properties by 22.5% during the 4th quarter. Two Sigma Investments LP now owns 20,304 shares of the real estate investment trust’s stock worth $526,000 after acquiring an additional 3,730 shares during the last quarter. 42.11% of the stock is owned by hedge funds and other institutional investors.
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About One Liberty Properties
One Liberty Properties, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company acquires, owns and manages a geographically diversified portfolio consisting of retail, industrial, flex, and health and fitness properties. As of December 31, 2016, the Company owned 114 properties and participated in joint ventures that own five properties.
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