NYSE:OLP

Stock Analysis Report

Executive Summary

One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982.

Snowflake

Fundamentals

Average dividend payer and fair value.

Risks

  • One Liberty Properties is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has One Liberty Properties's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.5%

NYSE:OLP

0.2%

US REITs

-1.0%

US Market


1 Year Return

-4.8%

NYSE:OLP

8.2%

US REITs

-0.4%

US Market

OLP underperformed the REITs industry which returned 8.2% over the past year.

OLP underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

OLPIndustryMarket
7 Day-2.5%0.2%-1.0%
30 Day-2.0%2.0%-3.3%
90 Day-6.1%2.9%0.4%
1 Year1.4%-4.8%13.0%8.2%1.8%-0.4%
3 Year42.0%15.7%25.0%8.7%39.4%30.4%
5 Year83.3%29.7%58.7%25.0%54.2%37.1%

Price Volatility Vs. Market

How volatile is One Liberty Properties's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is One Liberty Properties undervalued based on future cash flows and its price relative to the stock market?

35%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

One Liberty Properties's share price is below the future cash flow value, and at a moderate discount (> 20%).

One Liberty Properties's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

One Liberty Properties is good value based on earnings compared to the US REITs industry average.

One Liberty Properties is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

One Liberty Properties earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

One Liberty Properties is good value based on assets compared to the US REITs industry average.


Next Steps

Future Growth

How is One Liberty Properties expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

-15.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

One Liberty Properties's revenue is expected to grow by 4.8% yearly, however this is not considered high growth (20% yearly).

One Liberty Properties's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

One Liberty Properties's revenue growth is positive but not above the United States of America market average.

One Liberty Properties's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

One Liberty Properties's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if One Liberty Properties will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has One Liberty Properties performed over the past 5 years?

1.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

One Liberty Properties's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

One Liberty Properties's 1-year earnings growth is negative, it can't be compared to the 5-year average.

One Liberty Properties's 1-year earnings growth is negative, it can't be compared to the US REITs industry average.


Return on Equity

One Liberty Properties has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

One Liberty Properties used its assets more efficiently than the US REITs industry average last year based on Return on Assets.


Return on Capital Employed

One Liberty Properties's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is One Liberty Properties's financial position?


Financial Position Analysis

One Liberty Properties is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

One Liberty Properties's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

One Liberty Properties's level of debt (159%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (128.8% vs 159% today).

Debt is not well covered by operating cash flow (9%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 1.6x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.1x debt.


Next Steps

Dividend

What is One Liberty Properties's current dividend yield, its reliability and sustainability?

6.51%

Expected Dividend Yield


Dividend Yield and Payments Analysis

One Liberty Properties's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

One Liberty Properties's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of One Liberty Properties's salary, the management and board of directors tenure and is there insider trading?

13.6yrs

Average management tenure


CEO

Patrick Callan (56yo)

11.6yrs

Tenure

US$1,834,548

Compensation

Mr. Patrick J. Callan, Jr. has been the Chief Executive Officer and President of One Liberty Properties Inc. since January 1, 2008 and January 3, 2006 respectively. Mr. Callan has been a Senior Vice Presid ...


CEO Compensation Analysis

Patrick's remuneration is about average for companies of similar size in United States of America.

Patrick's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

13.6yrs

Average Tenure

56yo

Average Age

The average tenure for the One Liberty Properties management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

11.5yrs

Average Tenure

67yo

Average Age

The average tenure for the One Liberty Properties board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

One Liberty Properties individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$123,04221 May 19
Lawrence Ricketts
EntityIndividual
Role
Executive VP & COO
Shares4,189
Max PriceUS$29.45
SellUS$85,43428 Mar 19
Justin Clair
EntityIndividual
Role
Senior Vice President
Shares2,946
Max PriceUS$29.00
SellUS$148,50225 Mar 19
Lawrence Ricketts
EntityIndividual
Role
Executive VP & COO
Shares5,000
Max PriceUS$29.73
SellUS$59,00021 Mar 19
Justin Clair
EntityIndividual
Role
Senior Vice President
Shares2,000
Max PriceUS$29.50

Ownership Breakdown


Management Team

  • Izzy Rosenzweig (72yo)

    Senior Vice President

    • Tenure: 22.2yrs
  • Alysa Block (58yo)

    Treasurer

    • Tenure: 12.2yrs
  • Jeff Gould (53yo)

    Senior VP & Director

    • Tenure: 19.7yrs
    • Compensation: $501.73k
  • David Kalish (72yo)

    Senior VP & CFO

    • Tenure: 29.2yrs
    • Compensation: $496.48k
  • Lawrence Ricketts (42yo)

    Executive VP & COO

    • Tenure: 11.6yrs
    • Compensation: $1.16m
  • Asher Gaffney

    Investor Relations Contact

  • Mark Lundy (57yo)

    Senior VP & Secretary

    • Tenure: 13.6yrs
    • Compensation: $313.08k
  • Justin Clair (36yo)

    Senior Vice President

    • Tenure: 0.2yrs
  • Richard Figueroa (51yo)

    VP & Assistant Secretary

    • Tenure: 18.6yrs
  • Patrick Callan (56yo)

    President

    • Tenure: 11.6yrs
    • Compensation: $1.83m

Board Members

  • Bob Lovejoy (74yo)

    Lead Director

    • Tenure: 8.2yrs
    • Compensation: $152.99k
  • Fred Gould (83yo)

    Vice Chairman of the Board

    • Tenure: 6.2yrs
  • Matt Gould (59yo)

    Chairman of the Board

    • Tenure: 6.2yrs
  • Jeff Gould (53yo)

    Senior VP & Director

    • Tenure: 19.7yrs
    • Compensation: $501.73k
  • Eugene Zuriff (79yo)

    Director

    • Tenure: 13.7yrs
    • Compensation: $143.49k
  • Joseph DeLuca (73yo)

    Director

    • Tenure: 15.2yrs
    • Compensation: $128.99k
  • Charles Biederman (85yo)

    Director

    • Tenure: 30.2yrs
    • Compensation: $127.99k
  • Louis Karol (61yo)

    Director

    • Tenure: 9.3yrs
    • Compensation: $128.99k
  • Patrick Callan (56yo)

    President

    • Tenure: 17.2yrs
    • Compensation: $1.83m
  • Leor Siri (47yo)

    Director

    • Tenure: 4.9yrs
    • Compensation: $143.99k

Company Information

One Liberty Properties, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: One Liberty Properties, Inc.
  • Ticker: OLP
  • Exchange: NYSE
  • Founded: 1982
  • Industry: diversified reits
  • Sector: real estate
  • Market Cap: US$549.978m
  • Shares outstanding: 19.88m
  • Website: Click here

Number of Employees


Location

  • One Liberty Properties, Inc.
  • 60 Cutter Mill Road
  • Suite 303
  • Great Neck
  • New York
  • 11021
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OLPNYSE (New York Stock Exchange)YesCommon StockUSUSDApr 1983
O1ADB (Deutsche Boerse AG)YesCommon StockDEEURApr 1983

Biography

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 p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 23:45
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.