One Liberty Properties, Inc. (OLP)

NYSE: OLP · Real-Time Price · USD
28.78
+0.19 (0.66%)
Nov 22, 2024, 4:00 PM EST - Market closed
0.66%
Market Cap 615.52M
Revenue (ttm) 89.14M
Net Income (ttm) 33.55M
Shares Out 21.39M
EPS (ttm) 1.63
PE Ratio 17.66
Forward PE 53.30
Dividend $1.80 (6.25%)
Ex-Dividend Date Sep 24, 2024
Volume 21,862
Open 28.78
Previous Close 28.59
Day's Range 28.47 - 28.89
52-Week Range 19.25 - 29.79
Beta 1.39
Analysts Strong Buy
Price Target 28.00 (-2.71%)
Earnings Date Nov 5, 2024

About OLP

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 and retail 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. [Read more]

Sector Real Estate
Founded 1982
Employees 10
Stock Exchange NYSE
Ticker Symbol OLP
Full Company Profile

Financial Performance

In 2023, One Liberty Properties's revenue was $89.74 million, a decrease of -3.08% compared to the previous year's $92.59 million. Earnings were $28.32 million, a decrease of -30.48%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for OLP stock is "Strong Buy" and the 12-month stock price forecast is $28.0.

Price Target
$28.0
(-2.71% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

One Liberty Properties Reports Third Quarter 2024 Results

— Closes on Previously Announced Purchase of Industrial Property For $33.0 Million — — Completes Sales and Secures Sales Agreements for Six Properties for an Estimated Gain of Approximately $9 Million...

17 days ago - GlobeNewsWire

One Liberty Properties Announces 127th Consecutive Quarterly Dividend

– Increased or Maintained Dividend for Over 30 Consecutive Years – – Increased or Maintained Dividend for Over 30 Consecutive Years –

2 months ago - GlobeNewsWire

One Liberty Properties Reports Second Quarter 2024 Results

– Enters into Contracts to Acquire Two Industrial Properties for $61.6 million – – Closes on Purchase of Two Industrial Properties for Approximately $11.7 Million – – Completes Sales of Six Properties...

3 months ago - GlobeNewsWire

One Liberty Properties Signs Agreement to Purchase 236,000 Square Foot Industrial Property for $28.3 Million

– Upon Closing Company Will Have Added Four Industrial Properties for Over $73 Million in 2024 –

4 months ago - GlobeNewsWire

There Are Better Opportunities Than One Liberty Properties

One Liberty Properties is a diversified REIT with a heavy focus on industrial and retail/service-oriented properties. Specialized REITs tend to outperform diversified REITs, but each diversification s...

5 months ago - Seeking Alpha

One Liberty Properties Announces 126th Consecutive Quarterly Dividend

– Increased or Maintained Dividend for Over 30 Consecutive Years – – Increased or Maintained Dividend for Over 30 Consecutive Years –

5 months ago - GlobeNewsWire

One Liberty Properties Reports First Quarter 2024 Results

—Closes Acquisition of Industrial Property—— Sells Two Assets and Secures Contracts for Three Additional Sales —

7 months ago - GlobeNewsWire

One Liberty Properties Reports Fourth Quarter and Full Year 2023 Results

– Occupancy at 98.8% – – Paid-Off $21.8 Million of Credit Facility Debt – – Declared 125th Consecutive Quarterly Dividend – – Repurchased $9.6 Million of Shares in 2023 – GREAT NECK, N.Y., March 05, 2...

9 months ago - GlobeNewsWire

One Liberty Properties Announces 125th Consecutive Quarterly Dividend

– Increased or Maintained Dividend for Over 30 Consecutive Years – GREAT NECK, N.Y., March 04, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP) today announced that its Board of Direc...

9 months ago - GlobeNewsWire

One Liberty Properties: Invest With Insiders And Get A 9% Yield

The U.S. Bureau of Labor Statistics released a hotter-than-expected CPI report, causing a market sell-off and putting significant pressure on REIT stocks. Investing in select REITs, like One Liberty P...

9 months ago - Seeking Alpha

One Liberty Properties Raises $63 Million From Sale of 12 Assets in 2023

– Closes On Six Previously Announced Asset Sales in Fourth Quarter – – Industrial Portfolio Expected to Represent 66% of 2024 Base Rent –

1 year ago - GlobeNewsWire

One Liberty Properties Announces 124th Consecutive Quarterly Dividend

– Increased or Maintained Dividend for Over 30 Consecutive Years – – Increases Current Share Repurchase Authorization – GREAT NECK, N.Y., Dec. 05, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc....

1 year ago - GlobeNewsWire

Mouse Traps: 8 High-Yielding REITs Risking Dividend Cuts

Overall, this is a good time to invest in REITs. The expected surge in REIT share prices will not benefit all REITs equally. There are always mousetrap REITs, even in the best of times. Dividend safet...

1 year ago - Seeking Alpha

Extremely High Yield REITs: Danger And Opportunity

There are 19 equity REITs with yields greater than 9%, ranging up to 19%. High dividend yields in REITs are partly due to cheap valuations relative to the broader market. This article will discuss how...

1 year ago - Seeking Alpha

One Liberty Properties: E-Commerce Growth Initiatives, And Not Expensive

One Liberty Properties expects increased demand for its industrial spaces due to the growth of the e-commerce industry. The sale of a multi-tenant shopping center is expected to lower the company's to...

1 year ago - Seeking Alpha

One Liberty Properties Announces Asset Sales for $32 Million

– Closes Sales of Three Properties – – Agrees to Sell Five Additional Assets – – Refinances Two Industrial Properties –

1 year ago - GlobeNewsWire

One Liberty Properties Reports Third Quarter 2023 Results

— Rental Income Grew 4.7% Year-over-Year — — Repurchases $2.5 Million of Shares Subsequent to Quarter End and $9.1 Million in 2023 — GREAT NECK, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- One Liberty Pro...

1 year ago - GlobeNewsWire

One Liberty Properties: 9.2% Yield, 111% Dividend Coverage, Industrial Properties

One Liberty Properties has kept its quarterly distributions stable and currently yields 9.2%. The REIT is going heavy on new industrial properties as it disposes its retail properties to become a more...

1 year ago - Seeking Alpha

One Liberty Properties Announces 123rd Consecutive Quarterly Dividend

GREAT NECK, N.Y., Sept. 20, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of...

1 year ago - GlobeNewsWire

Is It Worth Chasing 9% Yielding One Liberty Properties?

One Liberty Properties has fallen in price, making it the cheapest triple net REIT on AFFO multiple with a dividend yield of over 9%. The triple net REIT sector has been undervalued due to a flow of f...

1 year ago - Seeking Alpha

The 10% Yielding Real Estate Portfolio

REITs trade more like bonds than stocks, so they tend to hold up well in recessions. Their dividends come back in vogue as easy money dries up.

Other symbols: AHHCTOGNLGOOD
1 year ago - Forbes

Don't Get Too Cute

U.S. markets have been down recently, creating opportunities to buy quality stocks at lower prices. Real estate investment trusts have been trading low compared to the larger market, presenting underv...

Other symbols: NLY
1 year ago - Seeking Alpha

One Liberty Properties Reports Second Quarter 2023 Results

— Rental Income Grew 4.2% Year-over-Year — — Company Repurchases $1.5 Million of Shares — GREAT NECK, N.Y., Aug. 03, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), a real estate in...

1 year ago - GlobeNewsWire

One Liberty Properties Adds to Industrial Property Portfolio With $13.4 Million Purchase

GREAT NECK, N.Y., July 13, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), an owner and manager of a primarily industrial portfolio along with other net leased assets that are geogr...

1 year ago - GlobeNewsWire

One Liberty Properties: The 8.65% Yield Is Safe, Strong Upside Potential

One Liberty Properties is now trading at COVID levels again, and I think that's an opportunity. The generous 8.65% dividend remains fully covered. The average cost of debt will slowly increase as half...

1 year ago - Seeking Alpha