Wall Street analysts expect Liberty Property Trust (NYSE:LPT) to post sales of $163.17 million for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Liberty Property Trust’s earnings, with estimates ranging from $157.13 million to $174.70 million. Liberty Property Trust reported sales of $193.65 million in the same quarter last year, which suggests a negative year over year growth rate of 15.7%. The business is expected to issue its next quarterly earnings results on Tuesday, October 23rd.

According to Zacks, analysts expect that Liberty Property Trust will report full year sales of $655.08 million for the current financial year, with estimates ranging from $634.23 million to $693.60 million. For the next year, analysts forecast that the business will post sales of $671.10 million per share, with estimates ranging from $629.33 million to $727.80 million. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for Liberty Property Trust.

Liberty Property Trust (NYSE:LPT) last posted its quarterly earnings data on Tuesday, July 24th. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.65 by $0.04. The business had revenue of $176.60 million for the quarter, compared to the consensus estimate of $166.69 million. Liberty Property Trust had a net margin of 46.16% and a return on equity of 7.21%. During the same period last year, the firm posted $0.65 earnings per share.

A number of brokerages have recently commented on LPT. Morgan Stanley reduced their target price on shares of Liberty Property Trust from $44.00 to $43.00 and set an “equal weight” rating for the company in a research report on Thursday, June 14th. JPMorgan Chase & Co. upgraded shares of Liberty Property Trust from an “underweight” rating to a “neutral” rating in a research report on Friday, June 15th. SunTrust Banks reiterated a “buy” rating and issued a $47.00 target price on shares of Liberty Property Trust in a research report on Wednesday. Sandler O’Neill set a $44.00 target price on shares of Liberty Property Trust and gave the company a “hold” rating in a research report on Wednesday, July 25th. Finally, 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, July 25th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $44.83.

A number of institutional investors have recently added to or reduced their stakes in the stock. Atria Investments LLC increased its position in shares of Liberty Property Trust by 20.0% during the second quarter. Atria Investments LLC now owns 6,745 shares of the real estate investment trust’s stock valued at $299,000 after acquiring an additional 1,123 shares during the last quarter. Nissay Asset Management Corp Japan ADV boosted its stake in shares of Liberty Property Trust by 5.5% in the second quarter. Nissay Asset Management Corp Japan ADV now owns 22,755 shares of the real estate investment trust’s stock valued at $1,009,000 after purchasing an additional 1,185 shares during the period. Louisiana State Employees Retirement System boosted its stake in shares of Liberty Property Trust by 3.1% in the second quarter. Louisiana State Employees Retirement System now owns 39,900 shares of the real estate investment trust’s stock valued at $1,769,000 after purchasing an additional 1,200 shares during the period. Xact Kapitalforvaltning AB boosted its stake in shares of Liberty Property Trust by 1.5% in the first quarter. Xact Kapitalforvaltning AB now owns 82,878 shares of the real estate investment trust’s stock valued at $3,293,000 after purchasing an additional 1,219 shares during the period. Finally, Stifel Financial Corp boosted its stake in shares of Liberty Property Trust by 2.6% in the first quarter. Stifel Financial Corp now owns 48,116 shares of the real estate investment trust’s stock valued at $1,914,000 after purchasing an additional 1,230 shares during the period. Hedge funds and other institutional investors own 91.07% of the company’s stock.

Shares of Liberty Property Trust traded down $0.17, reaching $43.75, during mid-day trading on Friday, according to Marketbeat. The company’s stock had a trading volume of 788,401 shares, compared to its average volume of 943,222. The stock has a market capitalization of $6.49 billion, a price-to-earnings ratio of 16.89, a price-to-earnings-growth ratio of 2.80 and a beta of 0.68. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.91. Liberty Property Trust has a 1-year low of $37.77 and a 1-year high of $45.40.

The company also recently disclosed a quarterly dividend, which was paid on Sunday, July 15th. Investors of record on Monday, July 2nd were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.66%. The ex-dividend date was Friday, June 29th. Liberty Property Trust’s payout ratio is currently 61.78%.

About Liberty Property Trust

Liberty Property Trust (NYSE:LPT) is a leader in commercial real estate, serving customers in the United States and United Kingdom, through the development, acquisition, ownership and management of superior industrial and office properties. Liberty's 103 million square foot operating portfolio provides productive work environments for 1,200 tenants.

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

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