One Liberty Properties (NYSE:OLP) Announces Earnings Results, Beats Estimates By $0.36 EPS

One Liberty Properties (NYSE:OLP) released its earnings results on Wednesday. The real estate investment trust reported $0.50 EPS for the quarter, beating 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

OLP stock traded up $0.12 during midday trading on Wednesday, hitting $26.07. The stock had a trading volume of 45,659 shares, compared to its average volume of 49,267. One Liberty Properties has a 52 week low of $20.50 and a 52 week 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 simple moving average of $26.10 and a 200 day simple moving average of $27.17. The firm has a market capitalization of $557.45 million, a price-to-earnings ratio of 16.09, a P/E/G ratio of 3.02 and a beta of 1.39.

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 given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.91%. One Liberty Properties’s dividend payout ratio is presently 111.11%.

Wall Street Analysts Forecast Growth

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

One Liberty Properties Company Profile

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.