Wall Street analysts expect that Liberty Property Trust (NYSE:LPT) will post $0.60 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Liberty Property Trust’s earnings, with the lowest EPS estimate coming in at $0.59 and the highest estimate coming in at $0.61. Liberty Property Trust posted earnings of $0.65 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 7.7%. The firm is scheduled to report its next earnings results on Tuesday, April 23rd.

According to Zacks, analysts expect that Liberty Property Trust will report full-year earnings of $2.57 per share for the current financial year, with EPS estimates ranging from $2.56 to $2.59. For the next fiscal year, analysts forecast that the business will report earnings of $2.70 per share, with EPS estimates ranging from $2.64 to $2.77. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Liberty Property Trust.

Liberty Property Trust (NYSE:LPT) last issued its earnings results on Tuesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.11. The firm had revenue of $124.90 million for the quarter, compared to the consensus estimate of $123.19 million. Liberty Property Trust had a return on equity of 4.81% and a net margin of 66.67%. The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.68 EPS.

A number of equities research analysts have weighed in on LPT shares. ValuEngine raised Liberty Property Trust from a “hold” rating to a “buy” rating in a report on Friday, October 26th. Zacks Investment Research raised Liberty Property Trust from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Mitsubishi UFJ Financial Group reduced their target price on Liberty Property Trust from $49.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, October 24th. Finally, SunTrust Banks downgraded Liberty Property Trust from a “buy” rating to a “hold” rating in a report on Tuesday, January 15th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $44.83.

Shares of LPT stock traded down $0.16 during trading hours on Monday, reaching $47.41. The company’s stock had a trading volume of 56,635 shares, compared to its average volume of 924,038. The company has a market cap of $7.03 billion, a PE ratio of 21.55, a P/E/G ratio of 3.08 and a beta of 0.79. Liberty Property Trust has a fifty-two week low of $38.32 and a fifty-two week high of $48.14. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.54 and a current ratio of 2.68.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 15th. Investors of record on Wednesday, January 2nd were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.37%. The ex-dividend date was Monday, December 31st. Liberty Property Trust’s dividend payout ratio (DPR) is 72.73%.

In related news, CAO Mary Beth Morrissey sold 6,843 shares of the firm’s stock in a transaction on Wednesday, December 12th. The stock was sold at an average price of $45.52, for a total transaction of $311,493.36. Following the sale, the chief accounting officer now owns 73,778 shares of the company’s stock, valued at approximately $3,358,374.56. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David L. Lingerfelt sold 2,200 shares of the firm’s stock in a transaction on Thursday, February 7th. The shares were sold at an average price of $47.24, for a total value of $103,928.00. Following the sale, the director now directly owns 50,915 shares in the company, valued at approximately $2,405,224.60. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Texas Permanent School Fund boosted its holdings in shares of Liberty Property Trust by 4.0% during the 4th quarter. Texas Permanent School Fund now owns 96,732 shares of the real estate investment trust’s stock valued at $4,051,000 after acquiring an additional 3,728 shares in the last quarter. Ffcm LLC lifted its holdings in Liberty Property Trust by 25.7% during the 4th quarter. Ffcm LLC now owns 14,427 shares of the real estate investment trust’s stock worth $604,000 after buying an additional 2,953 shares during the period. BlackRock Inc. lifted its holdings in Liberty Property Trust by 2.4% during the 4th quarter. BlackRock Inc. now owns 20,474,937 shares of the real estate investment trust’s stock worth $857,491,000 after buying an additional 478,128 shares during the period. California Public Employees Retirement System lifted its holdings in Liberty Property Trust by 44.3% during the 4th quarter. California Public Employees Retirement System now owns 745,943 shares of the real estate investment trust’s stock worth $31,240,000 after buying an additional 228,931 shares during the period. Finally, Unigestion Holding SA lifted its holdings in Liberty Property Trust by 57.6% during the 4th quarter. Unigestion Holding SA now owns 21,900 shares of the real estate investment trust’s stock worth $917,000 after buying an additional 8,000 shares during the period. 93.03% of the stock is currently owned by institutional investors.

About Liberty Property Trust

Liberty Property Trust (NYSE:LPT) is a leader in commercial real estate, serving customers in the United States and United Kingdom, through the development, acquisition, ownership and management of industrial and office properties. Liberty's 103.5 million square foot operating portfolio provides productive work environments for 1,200 tenants.

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Earnings History and Estimates for Liberty Property Trust (NYSE:LPT)

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