Analysts expect One Liberty Properties, Inc. (NYSE:OLP) to report earnings per share (EPS) of $0.53 for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for One Liberty Properties’ earnings. One Liberty Properties also reported earnings per share of $0.53 in the same quarter last year. The business is expected to report its next quarterly earnings results on Tuesday, March 12th.

According to Zacks, analysts expect that One Liberty Properties will report full-year earnings of $2.14 per share for the current year. For the next fiscal year, analysts forecast that the firm will post earnings of $2.14 per share, with EPS estimates ranging from $2.11 to $2.17. Zacks’ earnings per share calculations are an average based on a survey of research analysts that cover One Liberty Properties.

One Liberty Properties (NYSE:OLP) last issued its quarterly earnings results on Thursday, November 8th. The real estate investment trust reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.19. One Liberty Properties had a return on equity of 8.19% and a net margin of 31.39%. The firm had revenue of $19.57 million during the quarter, compared to the consensus estimate of $20.19 million.

OLP has been the topic of a number of research analyst reports. B. Riley increased their target price on One Liberty Properties from $24.50 to $27.00 and gave the stock a “neutral” rating in a report on Wednesday, August 8th. Zacks Investment Research raised One Liberty Properties from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a report on Thursday, August 9th. Finally, TheStreet downgraded One Liberty Properties from a “b-” rating to a “c+” rating in a report on Friday, October 12th. Four investment analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and an average target price of $28.33.

A number of large investors have recently added to or reduced their stakes in OLP. Dimensional Fund Advisors LP lifted its holdings in One Liberty Properties by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 217,896 shares of the real estate investment trust’s stock worth $4,816,000 after buying an additional 5,585 shares during the last quarter. Millennium Management LLC lifted its holdings in One Liberty Properties by 122.6% during the 1st quarter. Millennium Management LLC now owns 143,963 shares of the real estate investment trust’s stock worth $3,182,000 after buying an additional 79,282 shares during the last quarter. Royal Bank of Canada lifted its holdings in One Liberty Properties by 4.8% during the 1st quarter. Royal Bank of Canada now owns 46,140 shares of the real estate investment trust’s stock worth $1,019,000 after buying an additional 2,093 shares during the last quarter. Dupont Capital Management Corp bought a new position in One Liberty Properties during the 2nd quarter worth approximately $572,000. Finally, Aperio Group LLC bought a new position in One Liberty Properties during the 2nd quarter worth approximately $567,000. 41.31% of the stock is currently owned by institutional investors.

NYSE:OLP traded up $0.43 during trading hours on Thursday, reaching $26.93. 1,188 shares of the stock were exchanged, compared to its average volume of 28,724. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 1.31. One Liberty Properties has a 52 week low of $21.02 and a 52 week high of $29.44. The company has a market cap of $501.68 million, a PE ratio of 12.85, a P/E/G ratio of 2.21 and a beta of 0.68.

About One Liberty Properties

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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