One Liberty Properties (OLP) Expected to Announce Earnings on Wednesday

One Liberty Properties (NYSE:OLP) is anticipated to issue its results before the market opens on Wednesday, March 4th. Analysts expect the company to announce earnings of $0.47 per share and revenue of $24.2110 million for the quarter.

One Liberty Properties Trading Up 1.1%

NYSE:OLP opened at $23.74 on Tuesday. The stock has a market cap of $514.04 million, a price-to-earnings ratio of 15.42, a PEG ratio of 2.78 and a beta of 0.95. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 1.50. The company’s 50 day moving average price is $21.66 and its 200-day moving average price is $21.57. One Liberty Properties has a 52 week low of $19.62 and a 52 week high of $28.35.

One Liberty Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 22nd were paid a $0.45 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.6%. One Liberty Properties’s payout ratio is currently 116.88%.

Hedge Funds Weigh In On One Liberty Properties

Several hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of One Liberty Properties by 6.2% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,051 shares of the real estate investment trust’s stock worth $240,000 after purchasing an additional 585 shares during the period. AQR Capital Management LLC bought a new stake in One Liberty Properties in the fourth quarter worth about $235,000. M&G PLC purchased a new position in shares of One Liberty Properties during the fourth quarter valued at approximately $230,000. Marshall Wace LLP purchased a new position in shares of One Liberty Properties during the fourth quarter valued at approximately $215,000. Finally, Alps Advisors Inc. bought a new position in shares of One Liberty Properties during the fourth quarter valued at approximately $212,000. Hedge funds and other institutional investors own 36.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of One Liberty Properties in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

One Liberty Properties Company Profile

One Liberty Properties, Inc is a self-administered real estate investment trust (REIT) specializing in the acquisition, ownership and management of net leased commercial properties. The company focuses on single-tenant retail, office and industrial assets that are subject to long-term, triple-net leases, shifting operating responsibilities—such as maintenance, insurance and taxes—to the tenant. One Liberty’s strategy emphasizes creditworthy tenants, lease durations that provide predictable cash flow and geographically diversified holdings.

Since its founding in 1988 and incorporation as a REIT in 1993, One Liberty has assembled a portfolio of more than 130 properties spanning retail convenience centers, quick-service restaurants, automotive service stations, office buildings and light industrial facilities.