Equities analysts expect One Liberty Properties, Inc. (NYSE:OLP) to announce sales of $20.19 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for One Liberty Properties’ earnings. One Liberty Properties posted sales of $19.14 million during the same quarter last year, which would indicate a positive year over year growth rate of 5.5%. The company is scheduled to report its next quarterly earnings results on Tuesday, November 6th.

According to Zacks, analysts expect that One Liberty Properties will report full year sales of $80.08 million for the current fiscal year, with estimates ranging from $79.91 million to $80.25 million. For the next year, analysts anticipate that the business will report sales of $86.01 million per share, with estimates ranging from $81.17 million to $90.86 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for One Liberty Properties.

One Liberty Properties (NYSE:OLP) last posted its quarterly earnings data on Monday, August 6th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.27). One Liberty Properties had a return on equity of 7.24% and a net margin of 27.68%. The company had revenue of $19.75 million during the quarter, compared to the consensus estimate of $19.78 million.

Several research firms recently weighed in on OLP. Zacks Investment Research cut shares of One Liberty Properties from a “buy” rating to a “hold” rating in a research report on Saturday, August 11th. B. Riley upped their target price on shares of One Liberty Properties from $24.50 to $27.00 and gave the company a “neutral” rating in a research report on Wednesday, August 8th. Finally, TheStreet upgraded shares of One Liberty Properties from a “c+” rating to a “b-” rating in a research report on Friday, June 29th. Four investment analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and a consensus price target of $28.33.

In other One Liberty Properties news, Director Jesse Robert Lovejoy sold 4,000 shares of the company’s stock in a transaction on Monday, August 6th. The shares were sold at an average price of $27.93, for a total transaction of $111,720.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 21.90% of the company’s stock.

Several institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC increased its position in shares of One Liberty Properties by 15.5% in the 2nd quarter. Renaissance Technologies LLC now owns 691,000 shares of the real estate investment trust’s stock valued at $18,249,000 after buying an additional 92,500 shares in the last quarter. Northern Trust Corp increased its position in shares of One Liberty Properties by 1.2% in the 1st quarter. Northern Trust Corp now owns 485,330 shares of the real estate investment trust’s stock valued at $10,726,000 after buying an additional 5,957 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of One Liberty Properties by 2.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 222,602 shares of the real estate investment trust’s stock valued at $5,879,000 after buying an additional 4,706 shares in the last quarter. Millennium Management LLC increased its position in shares of One Liberty Properties by 122.6% in the 1st quarter. Millennium Management LLC now owns 143,963 shares of the real estate investment trust’s stock valued at $3,182,000 after buying an additional 79,282 shares in the last quarter. Finally, Martingale Asset Management L P increased its position in shares of One Liberty Properties by 3.2% in the 2nd quarter. Martingale Asset Management L P now owns 127,950 shares of the real estate investment trust’s stock valued at $3,380,000 after buying an additional 4,015 shares in the last quarter. Institutional investors own 41.44% of the company’s stock.

OLP stock opened at $27.99 on Wednesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.63 and a quick ratio of 1.63. One Liberty Properties has a fifty-two week low of $21.02 and a fifty-two week high of $29.44. The company has a market capitalization of $544.50 million, a P/E ratio of 13.39, a P/E/G ratio of 2.39 and a beta of 0.61.

One Liberty Properties Company Profile

One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness and theater properties. Many of these properties are subject to long term net leases under which the tenant is typically responsible for the property's real estate taxes, insurance and ordinary maintenance and repairs.

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Earnings History and Estimates for One Liberty Properties (NYSE:OLP)

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