One Liberty Properties (NYSE:OLP) Posts Earnings Results

One Liberty Properties (NYSE:OLP) issued its quarterly 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 Price Performance

Shares of NYSE:OLP traded up $0.12 during trading hours on Wednesday, hitting $26.07. 45,649 shares of the company’s stock traded hands, compared to its average volume of 49,267. The company has a debt-to-equity ratio of 1.40, a quick ratio of 2.48 and a current ratio of 2.48. The company has a market cap of $557.45 million, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 3.02 and a beta of 1.39. One Liberty Properties has a 52 week low of $20.50 and a 52 week high of $30.45. The company’s fifty day simple moving average is $26.10 and its two-hundred day simple moving average is $27.17.

One Liberty Properties Dividend Announcement

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

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of One Liberty Properties from a “hold” rating to a “buy” rating in a research note 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.