Analysts expect that Liberty Property Trust (NYSE:LPT) will post $0.62 earnings per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Liberty Property Trust’s earnings, with the highest EPS estimate coming in at $0.64 and the lowest estimate coming in at $0.60. Liberty Property Trust reported earnings per share of $0.66 during the same quarter last year, which would suggest a negative year-over-year growth rate of 6.1%. The firm is scheduled to report its next quarterly earnings results on Tuesday, October 24th.

On average, analysts expect that Liberty Property Trust will report full-year earnings of $2.51 per share for the current fiscal year, with EPS estimates ranging from $2.46 to $2.53. For the next financial year, analysts expect that the company will post earnings of $2.63 per share, with EPS estimates ranging from $2.60 to $2.65. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Liberty Property Trust.

Liberty Property Trust (NYSE:LPT) last issued its earnings results on Tuesday, July 25th. The real estate investment trust reported $0.65 EPS for the quarter, beating the consensus estimate of $0.62 by $0.03. Liberty Property Trust had a return on equity of 11.37% and a net margin of 47.24%. The business had revenue of $183.13 million for the quarter, compared to the consensus estimate of $175.60 million. During the same period last year, the business posted $0.68 EPS. The company’s revenue was down 1.9% compared to the same quarter last year.

Several equities analysts have issued reports on LPT shares. BidaskClub lowered shares of Liberty Property Trust from a “buy” rating to a “hold” rating in a report on Wednesday, June 21st. Stifel Nicolaus reaffirmed a “buy” rating and issued a $44.00 price target on shares of Liberty Property Trust in a report on Thursday, July 6th. Finally, Zacks Investment Research raised shares of Liberty Property Trust from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a report on Wednesday, June 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $42.33.

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A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Liberty Property Trust by 3.0% in the first quarter. Vanguard Group Inc. now owns 23,649,942 shares of the real estate investment trust’s stock worth $911,706,000 after buying an additional 695,589 shares during the period. BlackRock Inc. raised its stake in shares of Liberty Property Trust by 1,913.0% in the first quarter. BlackRock Inc. now owns 19,225,871 shares of the real estate investment trust’s stock worth $741,156,000 after buying an additional 18,270,789 shares during the period. Morgan Stanley raised its stake in shares of Liberty Property Trust by 5.1% in the first quarter. Morgan Stanley now owns 5,691,514 shares of the real estate investment trust’s stock worth $219,408,000 after buying an additional 276,677 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Liberty Property Trust by 21.0% in the second quarter. JPMorgan Chase & Co. now owns 3,736,798 shares of the real estate investment trust’s stock worth $152,125,000 after buying an additional 649,069 shares during the period. Finally, Royal Bank of Canada raised its stake in shares of Liberty Property Trust by 4.5% in the second quarter. Royal Bank of Canada now owns 3,333,422 shares of the real estate investment trust’s stock worth $135,704,000 after buying an additional 142,553 shares during the period. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Shares of Liberty Property Trust (NYSE:LPT) opened at 41.57 on Tuesday. Liberty Property Trust has a 52 week low of $36.22 and a 52 week high of $42.80. The firm’s 50-day moving average price is $41.34 and its 200 day moving average price is $40.33. The stock has a market capitalization of $6.12 billion, a P/E ratio of 17.78 and a beta of 0.88.

Liberty Property Trust Company Profile

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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Earnings History and Estimates for Liberty Property Trust (NYSE:LPT)

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