Equities analysts expect that One Liberty Properties, Inc. (NYSE:OLP) will report sales of $18.88 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for One Liberty Properties’ earnings, with the highest sales estimate coming in at $19.09 million and the lowest estimate coming in at $18.67 million. One Liberty Properties posted sales of $18.02 million during the same quarter last year, which suggests a positive year over year growth rate of 4.8%. The business is scheduled to announce its next quarterly earnings report on Tuesday, November 14th.

On average, analysts expect that One Liberty Properties will report full year sales of $18.88 million for the current fiscal year, with estimates ranging from $74.17 million to $75.76 million. For the next financial year, analysts expect that the firm will post sales of $80.97 million per share, with estimates ranging from $75.70 million to $86.24 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that follow One Liberty Properties.

Several equities analysts recently commented on OLP shares. Zacks Investment Research upgraded One Liberty Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, October 24th. BidaskClub downgraded One Liberty Properties from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. ValuEngine upgraded One Liberty Properties from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. FBR & Co started coverage on One Liberty Properties in a research note on Monday, July 24th. They issued a “mkt perform” rating and a $25.50 price objective on the stock. Finally, TheStreet upgraded One Liberty Properties from a “c+” rating to a “b-” rating in a research note on Thursday, October 5th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $24.83.

In other One Liberty Properties news, VP Justin Clair sold 2,839 shares of the stock in a transaction on Thursday, October 5th. The stock was sold at an average price of $24.87, for a total transaction of $70,605.93. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Lawrence Ricketts sold 7,000 shares of the stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $24.14, for a total value of $168,980.00. Following the sale, the insider now owns 113,302 shares in the company, valued at approximately $2,735,110.28. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,939 shares of company stock worth $290,112. Company insiders own 8.60% of the company’s stock.

Several large investors have recently bought and sold shares of OLP. OxFORD Asset Management LLP purchased a new stake in shares of One Liberty Properties during the second quarter worth $214,000. Public Employees Retirement System of Ohio purchased a new stake in shares of One Liberty Properties during the second quarter worth $239,000. Voya Investment Management LLC lifted its position in shares of One Liberty Properties by 15.1% during the second quarter. Voya Investment Management LLC now owns 10,366 shares of the real estate investment trust’s stock worth $243,000 after acquiring an additional 1,359 shares in the last quarter. B. Riley Financial Inc. lifted its position in shares of One Liberty Properties by 50.6% during the second quarter. B. Riley Financial Inc. now owns 22,849 shares of the real estate investment trust’s stock worth $293,000 after acquiring an additional 7,676 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of One Liberty Properties by 0.4% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 12,932 shares of the real estate investment trust’s stock worth $303,000 after acquiring an additional 46 shares in the last quarter. Hedge funds and other institutional investors own 41.39% of the company’s stock.

One Liberty Properties (OLP) opened at $24.46 on Friday. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 1.44. The company has a market cap of $461.09 million, a PE ratio of 11.96, a PEG ratio of 2.10 and a beta of 0.85.

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One Liberty Properties Company Profile

One Liberty Properties, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company acquires, owns and manages a geographically diversified portfolio consisting of retail, industrial, flex, and health and fitness properties. As of December 31, 2016, the Company owned 114 properties and participated in joint ventures that own five properties.

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Earnings History and Estimates for One Liberty Properties (NYSE:OLP)

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