One Liberty Properties, Inc. (OLP)

Over the past six months, OLP announced its 130th consecutive quarterly dividend on June 5, 2025, and another dividend on September 10, 2025, maintaining or increasing its dividend for over 31 years, though its payout ratio is high. In Q2 2025, the company sold three retail assets for a gain of $6.5 million and planned future property sales. On August 1, 2024, One Liberty Properties signed an agreement to purchase a 236,000 square foot industrial property for $28.3 million. In January 2025, OLP purchased two premium industrial properties for $49 million. The company reported a strong shift towards its industrial portfolio with $189 million in acquisitions and significant non-core asset dispositions. One Liberty Properties reported its second-quarter 2025 results on August 5, 2025, with Q2 revenue rising 12% year-over-year. The company reported its third-quarter 2025 results on November 6, 2025, reporting an EPS of $0.48, meeting analysts' consensus estimates, but quarterly revenue of $23.77 million was below the consensus estimate. The share price as of November 4, 2025, was $20.13, representing a decline of 26.91% from November 5, 2024, when it was $27.54. OLP's stock has underperformed the US Industrial REITs industry and the broader US market over the past year.

Due to One Liberty Properties, Inc.'s business model as a REIT focused on acquiring, owning, and managing properties under long-term net leases, the demand for its rental income is generally less subject to direct seasonality. The long-term nature of its leases provides predictable cash flow streams. However, the company's strategic shift towards industrial properties aligns with a sector that generally experiences strong and stable demand. Broader macroeconomic conditions, particularly interest rate movements, can indirectly affect the company.

One Liberty Properties, Inc. (OLP) is a self-administered and self-managed REIT specializing in the acquisition, ownership, and management of a geographically diversified portfolio of commercial real estate properties. The company acquires and manages properties, many of which are subject to long-term net leases where tenants are responsible for real estate taxes, insurance, and ordinary maintenance and repairs. OLP operates within the Real Estate sector, specifically in the REIT - Diversified or REIT - Equity Trust - Other industry. OLP generates revenue primarily through rental income from its diverse portfolio and has been strategically shifting towards a focus on industrial properties, which contribute approximately 65% of its contractual rental revenue as of Q3 2024, and over 72% of rental income as of early 2025. As of the third quarter of 2024, OLP's portfolio comprised 111 properties, encompassing approximately 12.1 million square feet, with an occupancy rate of 97.1%.

One Liberty Properties, Inc. maintains a geographically diversified portfolio across the United States. As of Q3 2024, the company owned properties in 31 states. While its primary focus is within the U.S., some sources also mention holdings extending into select Canadian markets. The company's headquarters are located in Great Neck, New York.

One Liberty Properties, Inc. is noted for its resilience, demonstrated through conservative balance sheet management and a focus on tenant quality. The company's long-term net lease focus provides predictable rental income and insulates it from most property operating expense volatility. As of late 2024, OLP maintained a high occupancy rate of 97.0%, underscoring the stability derived from its tenant base and lease structures. No specific events negatively impacting One Liberty Properties, Inc.'s brand reputation in the past year were found in the provided search results.

One Liberty Properties, Inc. operates as a publicly traded REIT with dispersed ownership among institutional investors, company insiders, and the general public. Institutional shareholders hold 35.87% of the stock as of November 2025, with major holders including Vanguard Group Inc and BlackRock, Inc. Insiders hold a significant portion of the company's stock, at 103.15%. Matthew J. Gould is the largest individual shareholder, owning 6.74 million shares, representing 31.12% of the company. Insider selling has been observed, with several insiders, including members of the Gould family, selling shares in August 2024.