One Liberty Properties (NYSE:OLP - Get Free Report) announced its quarterly earnings data on Wednesday. The real estate investment trust reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.36, Zacks reports. The firm had revenue of $23.86 million for the quarter, compared to analysts' expectations of $22.79 million. One Liberty Properties had a net margin of 38.96% and a return on equity of 11.35%.
One Liberty Properties Trading Up 3.2 %
One Liberty Properties stock traded up $0.85 during midday trading on Friday, hitting $27.44. 66,816 shares of the stock were exchanged, compared to its average volume of 49,165. The stock has a market capitalization of $586.90 million, a PE ratio of 16.94, a P/E/G ratio of 3.02 and a beta of 1.38. The company has a fifty day simple moving average of $26.08 and a two-hundred day simple moving average of $27.18. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.40. One Liberty Properties has a 52 week low of $21.11 and a 52 week high of $30.45.
One Liberty Properties Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, March 27th will be given a $0.45 dividend. The ex-dividend date is Thursday, March 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.56%. One Liberty Properties's dividend payout ratio is 128.57%.
Analysts Set New Price Targets
Separately, StockNews.com downgraded One Liberty Properties from a "buy" rating to a "hold" rating in a research note on Friday.
Check Out Our Latest Stock Report on OLP
About One Liberty Properties
(
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One Liberty Properties, Inc is a real estate investment trust, which engages in acquisition, ownership, and management of the geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness, and theater properties, many of which are subject to long-term leases.
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