Somewhat Positive Media Coverage Somewhat Unlikely to Impact One Liberty Properties (OLP) Stock Price
News articles about One Liberty Properties (NYSE:OLP) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. One Liberty Properties earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 45.7828961120335 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of One Liberty Properties (OLP) traded up $0.45 on Monday, hitting $26.95. 113,600 shares of the stock traded hands, compared to its average volume of 46,156. The firm has a market cap of $506.36, a PE ratio of 13.22, a P/E/G ratio of 2.13 and a beta of 0.88. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.77 and a quick ratio of 1.77. One Liberty Properties has a 12 month low of $21.96 and a 12 month high of $27.36.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Friday, December 22nd will be paid a $0.45 dividend. The ex-dividend date is Thursday, December 21st. This represents a $1.80 annualized dividend and a dividend yield of 6.68%. This is a boost from One Liberty Properties’s previous quarterly dividend of $0.43. One Liberty Properties’s payout ratio is currently 131.30%.
A number of research firms have commented on OLP. Zacks Investment Research upgraded shares of One Liberty Properties from a “hold” rating to a “strong-buy” rating and set a $31.00 price target on the stock in a research report on Tuesday, November 28th. DA Davidson boosted their price target on shares of One Liberty Properties from $25.00 to $26.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 14th. B. Riley restated a “hold” rating and set a $25.50 price target on shares of One Liberty Properties in a research report on Thursday, November 9th. TheStreet upgraded shares of One Liberty Properties from a “c+” rating to a “b-” rating in a research report on Thursday, October 5th. Finally, ValuEngine raised shares of One Liberty Properties from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $26.40.
In other news, insider Lawrence Ricketts sold 7,000 shares of One Liberty Properties stock in a transaction that occurred on Tuesday, September 26th. The shares were sold at an average price of $24.14, for a total value of $168,980.00. Following the transaction, the insider now directly owns 113,302 shares of the company’s stock, valued at $2,735,110.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Justin Clair sold 2,839 shares of One Liberty Properties stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $24.87, for a total transaction of $70,605.93. The disclosure for this sale can be found here. Insiders own 8.60% of the company’s stock.
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.
Receive News & Ratings for One Liberty Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for One Liberty Properties and related companies with Analyst Ratings Network's FREE daily email newsletter.