Brokerages expect that Liberty Property Trust (NYSE:LPT) will report sales of $173.02 million for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Liberty Property Trust’s earnings, with the lowest sales estimate coming in at $168.92 million and the highest estimate coming in at $179.40 million. Liberty Property Trust posted sales of $179.06 million during the same quarter last year, which would indicate a negative year over year growth rate of 3.4%. The company is expected to issue its next quarterly earnings results on Tuesday, February 6th.

On average, analysts expect that Liberty Property Trust will report full-year sales of $173.02 million for the current fiscal year, with estimates ranging from $667.15 million to $725.00 million. For the next year, analysts forecast that the firm will post sales of $716.63 million per share, with estimates ranging from $686.33 million to $777.00 million. Zacks’ sales calculations are an average based on a survey of analysts that follow Liberty Property Trust.

Liberty Property Trust (NYSE:LPT) last announced its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.23). The company had revenue of $193.65 million during the quarter, compared to the consensus estimate of $174.65 million. Liberty Property Trust had a net margin of 47.78% and a return on equity of 11.41%. The business’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.66 EPS.

A number of equities analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Liberty Property Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Stifel Nicolaus increased their target price on shares of Liberty Property Trust from $44.00 to $46.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. Morgan Stanley increased their target price on shares of Liberty Property Trust from $43.00 to $44.00 and gave the company an “equal weight” rating in a research report on Friday, December 15th. ValuEngine upgraded shares of Liberty Property Trust from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. Finally, Sandler O’Neill upgraded shares of Liberty Property Trust from a “sell” rating to a “hold” rating and set a $45.00 target price for the company in a research report on Wednesday, October 25th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $43.43.

In other Liberty Property Trust news, Director David L. Lingerfelt sold 18,000 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $44.56, for a total value of $802,080.00. Following the completion of the sale, the director now directly owns 56,814 shares of the company’s stock, valued at approximately $2,531,631.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. DnB Asset Management AS acquired a new stake in Liberty Property Trust in the 4th quarter valued at about $508,000. Public Employees Retirement System of Ohio lifted its holdings in Liberty Property Trust by 28.3% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 290,716 shares of the real estate investment trust’s stock valued at $11,937,000 after acquiring an additional 64,072 shares during the last quarter. GSA Capital Partners LLP lifted its holdings in Liberty Property Trust by 239.7% in the 3rd quarter. GSA Capital Partners LLP now owns 21,576 shares of the real estate investment trust’s stock valued at $886,000 after acquiring an additional 15,225 shares during the last quarter. Fieldpoint Private Securities LLC acquired a new stake in Liberty Property Trust in the 3rd quarter valued at about $100,000. Finally, Sterling Capital Management LLC lifted its holdings in Liberty Property Trust by 30.2% in the 3rd quarter. Sterling Capital Management LLC now owns 73,437 shares of the real estate investment trust’s stock valued at $3,015,000 after acquiring an additional 17,027 shares during the last quarter. 91.28% of the stock is owned by institutional investors.

Liberty Property Trust (LPT) opened at $41.24 on Thursday. The stock has a market cap of $6,175.34, a PE ratio of 17.40, a P/E/G ratio of 2.67 and a beta of 0.89. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.78 and a quick ratio of 1.78. Liberty Property Trust has a 12-month low of $37.21 and a 12-month high of $45.40.

Liberty Property Trust announced that its Board of Directors has authorized a share buyback plan on Monday, October 2nd that allows the company to repurchase $250.00 million in shares. This repurchase authorization allows the real estate investment trust to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Tuesday, January 2nd will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend is Friday, December 29th. Liberty Property Trust’s payout ratio is 67.51%.

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Liberty Property Trust Company Profile

Liberty Property Trust (the Trust) is a self-administered and self-managed Maryland real estate investment trust (REIT). The Trust’s assets are owned directly or indirectly, and substantially all of the Trust’s operations are conducted directly or indirectly, by its subsidiary, Liberty Property Limited Partnership (the Operating Partnership).

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Earnings History and Estimates for Liberty Property Trust (NYSE:LPT)

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