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One Liberty Properties, Inc. - OLP STOCK NEWS

Welcome to our dedicated news page for One Liberty Properties (Ticker: OLP), a resource for investors and traders seeking the latest updates and insights on One Liberty Properties.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect One Liberty Properties's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of One Liberty Properties's position in the market.

News
One Liberty Properties Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
One Liberty Properties, Inc. (OLP) reported an occupancy rate of 98.8% and paid off $21.8 million of credit facility debt. They declared their 125th consecutive quarterly dividend and repurchased $9.6 million of shares in 2023. The company's net income for the fourth quarter of 2023 was $15.0 million, or $0.71 per diluted share, compared to $8.9 million in the corresponding period of the prior year. FFO was $9.6 million, or $0.45 per diluted share, for the quarter ended December 31, 2023, compared to $15.1 million in the same quarter of 2022. AFFO was $10.6 million, or $0.50 per diluted share, for the quarter ended December 31, 2023, compared to $11.0 million in the same quarter of 2022. For the full year 2023, net income was $29.6 million, or $1.38 per diluted share, compared to $42.2 million in 2022. FFO for 2023 was $39.0 million, or $1.82 per diluted share, compared to $49.7 million in 2022. AFFO for 2023 was $42.6 million or $1.99 per diluted share compared to $42.1 million in the prior year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.99%
Tags
earnings
-
News
One Liberty Properties Announces 125th Consecutive Quarterly Dividend
Rhea-AI Summary
One Liberty Properties, Inc. (OLP) has declared a quarterly dividend of $0.45 per share, marking its 125th consecutive quarterly dividend and over 30 years of dividend growth or stability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
dividends
-
News
Rainbow Realty Group Announces Launch of Fund IV: Capitalizing on a Moment in Time
Rhea-AI Summary
Rainbow Realty Group, LLC announces the launch of Rainbow Realty Group Fund IV LLC, a private real estate fund accessible only to accredited investors under Rule 506(c) of Regulation D. The fund is expecting its first close by the end of February. Gould Investors L.P. is the largest investor in Rainbow, having invested more than 25% of the LP capital in the strategy to date. Rainbow has a six-decade track record of success investing in the real estate industry and has deployed over $135M across 57 properties in 10 states. The CEO of Rainbow, Kyle Shenfeld, highlights the company's proven strategy and the potential rewards in the nascent cannabis industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
none
News
One Liberty Properties Raises $63 Million From Sale of 12 Assets in 2023
Rhea-AI Summary
One Liberty Properties, Inc. (NYSE: OLP) completes the sale of 12 assets for $63 million in 2023, with an estimated net proceeds of $19 million and an aggregate gain of approximately $9 million. The industrial portfolio is expected to contribute 66% of the 2024 base rent. The company plans to use the proceeds to pay down credit facility balance, for general working capital purposes, and potential property acquisition, mortgage debt reduction, and stock repurchase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
none
-
News
One Liberty Properties Announces 124th Consecutive Quarterly Dividend
Rhea-AI Summary
One Liberty Properties, Inc. (NYSE: OLP) has declared a quarterly dividend of $0.45 per share, payable on January 5, 2024. This marks the 124th consecutive quarterly dividend and over 30 years of increased or maintained dividends. The company has also authorized the replenishment of its stock repurchase program, with $10 million available for repurchasing its common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
dividends
-
News
One Liberty Properties Announces Asset Sales for $32 Million
Rhea-AI Summary
One Liberty Properties, Inc. (NYSE: OLP) completed the sale of three properties, with an aggregate sales price of $8.7 million, and has agreements to sell five additional assets for $23.0 million. The company also refinanced two industrial properties for $13.0 million, using the proceeds to pay down $15.0 million of its credit facility debt. The President and CEO, Patrick J. Callan, Jr., highlighted the successful repositioning of the portfolio to focus on industrial properties, aiming to enhance long-term stability and cashflow while unlocking stockholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.03%
Tags
none
News
Rainbow Realty Group Completes $5 Million Loan to New York-based Cannabis Company
Rhea-AI Summary
New York cultivation, manufacturing, distribution platform secures loan for growth. A leading company in the Hudson Valley has secured a loan using industrial and agricultural real property to advance its brand portfolio and ongoing expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
none
-
News
One Liberty Properties Reports Third Quarter 2023 Results
Rhea-AI Summary
One Liberty Properties, Inc. (NYSE: OLP) reported a 4.7% year-over-year growth in rental income for the third quarter of 2023, reaching $22.5 million. The company also repurchased $2.5 million of shares subsequent to the quarter end and $9.1 million in 2023. Net income attributable to One Liberty was $2.7 million, or $0.12 per diluted share, compared to $7.2 million, or $0.34 per diluted share, in the same quarter of 2022. Funds from Operations (FFO) was $9.7 million, or $0.45 per diluted share, for Q3 2023, compared to $9.2 million, or $0.44 per diluted share, in Q3 2022. Adjusted Funds from Operations (AFFO) was $10.5 million, or $0.49 per diluted share, for Q3 2023, compared to $10.1 million, or $0.48 per diluted share, in Q3 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
Tags
earnings
-
News
One Liberty Properties Announces 123rd Consecutive Quarterly Dividend
Rhea-AI Summary
One Liberty Properties, Inc. declares a quarterly dividend of $0.45 per share, maintaining its dividend for over 30 consecutive years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
dividends
News
Rainbow Realty Group Acquires Industrial Building in Sacramento for $4.0 Million and Closes on $5.85 Million Bank Loan
Rhea-AI Summary
Rainbow Realty Group and MJ Real Estate Investment Trust have acquired a 21,600 square foot industrial building in Sacramento for $4.0 million. The tenant has entered into a 15-year lease and will consolidate its operations in the property. Rainbow has also closed a $5.85 million bank loan secured by a portfolio of retail properties in Missouri.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
acquisition
Stock OLP logo
One Liberty Properties, Inc.

NYSE:OLP

OLP Rankings

#2985 Ranked by Market Cap
#3324 Ranked by Stock Gains
#335 Ranked by Dividends

OLP Stock Data

468.21M
17.13M
11.86%
46.76%
0.6%
Other Financial Vehicles
Finance and Insurance
Link
United States
Great Neck

About OLP

oshkosh bgosh is a company based out of 4500 katies way, bessemer, alabama, united states.