One Liberty Properties (NYSE:OLP) Issues Earnings Results

One Liberty Properties (NYSE:OLP) posted its earnings results on Wednesday. The real estate investment trust reported $0.50 EPS for the quarter, topping the consensus estimate of $0.14 by $0.36, Zacks reports. One Liberty Properties had a net margin of 38.96% and a return on equity of 11.35%.

One Liberty Properties Stock Performance

One Liberty Properties stock traded up $0.12 during trading hours on Wednesday, reaching $26.07. 45,659 shares of the company were exchanged, compared to its average volume of 49,267. One Liberty Properties has a 12 month low of $20.50 and a 12 month high of $30.45. The company has a current ratio of 2.48, a quick ratio of 2.48 and a debt-to-equity ratio of 1.40. The stock has a 50-day moving average of $26.10 and a 200 day moving average of $27.17. The firm has a market cap of $557.45 million, a price-to-earnings ratio of 16.09, a PEG ratio of 3.02 and a beta of 1.39.

One Liberty Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, March 27th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.91%. One Liberty Properties’s dividend payout ratio (DPR) is currently 111.11%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of One Liberty Properties from a “hold” rating to a “buy” rating in a report on Wednesday, November 20th.

About One Liberty Properties

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.