Liberty Property Trust (LPT) Receiving Somewhat Positive Media Coverage, Analysis Finds
Press coverage about Liberty Property Trust (NYSE:LPT) has been trending somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Liberty Property Trust earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 46.7980727164589 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Mn Services Vermogensbeheer BV Has $972000 Stake in Liberty Property Trust (LPT) (ismboard.com)
- Principal Financial Group Inc Raises Its Stake in Liberty Property Trust (LPT) (overnewsmagazine.com)
- Liberty (LPT) to Build Industrial Building for Intralox (finance.yahoo.com)
- Lamar Advertising (LAMR) Acquires Steen Outdoor's Assets (finance.yahoo.com)
Shares of Liberty Property Trust (NYSE LPT) opened at 40.73 on Friday. Liberty Property Trust has a 12 month low of $36.22 and a 12 month high of $42.80. The stock’s 50 day moving average price is $41.34 and its 200 day moving average price is $40.32. The company has a market capitalization of $6.00 billion, a PE ratio of 17.42 and a beta of 0.88.
Liberty Property Trust (NYSE:LPT) last released its quarterly earnings results on Tuesday, July 25th. The real estate investment trust reported $0.65 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.03. The firm had revenue of $183.13 million during the quarter, compared to analyst estimates of $175.60 million. Liberty Property Trust had a return on equity of 11.37% and a net margin of 47.24%. The business’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.68 EPS. On average, analysts forecast that Liberty Property Trust will post $1.24 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Saturday, July 15th. Stockholders of record on Monday, July 3rd were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.93%. The ex-dividend date was Thursday, June 29th. Liberty Property Trust’s payout ratio is 68.38%.
A number of equities research analysts recently issued reports on LPT shares. Stifel Nicolaus restated a “buy” rating and issued a $44.00 price objective on shares of Liberty Property Trust in a research note on Thursday, July 6th. Zacks Investment Research upgraded Liberty Property Trust from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a research note on Wednesday, June 28th. Finally, BidaskClub cut Liberty Property Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $42.33.
About Liberty Property Trust
Liberty Property Trust (the Trust) is a self-administered and self-managed Maryland real estate investment trust (REIT). The Trust’s assets are owned directly or indirectly, and substantially all of the Trust’s operations are conducted directly or indirectly, by its subsidiary, Liberty Property Limited Partnership (the Operating Partnership).
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