One Liberty Properties (NYSE:OLP) issued its quarterly earnings data on Thursday. The real estate investment trust reported $0.52 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.19, Fidelity Earnings reports. The firm had revenue of $19.57 million for the quarter, compared to analyst estimates of $20.19 million. One Liberty Properties had a return on equity of 7.24% and a net margin of 27.68%.
Shares of OLP traded down $0.34 on Friday, reaching $26.01. The stock had a trading volume of 30,763 shares, compared to its average volume of 32,419. The stock has a market cap of $504.39 million, a PE ratio of 12.44, a PEG ratio of 2.22 and a beta of 0.68. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 1.36. One Liberty Properties has a 12-month low of $21.02 and a 12-month high of $29.44.
A number of research analysts have recently commented on the company. TheStreet cut One Liberty Properties from a “b-” rating to a “c+” rating in a research note on Friday, October 12th. Zacks Investment Research cut One Liberty Properties from a “buy” rating to a “hold” rating in a research note on Saturday, August 11th. Finally, B. Riley raised their target price on One Liberty Properties from $24.50 to $27.00 and gave the company a “neutral” rating in a research note on Wednesday, August 8th. Four equities research analysts have rated the stock with a hold rating, One Liberty Properties presently has an average rating of “Hold” and an average price target of $28.33.
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One Liberty Properties Company Profile
One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness and theater properties. Many of these properties are subject to long term net leases under which the tenant is typically responsible for the property's real estate taxes, insurance and ordinary maintenance and repairs.
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