One Liberty Properties (OLP) Investor Presentation Highlights

By Bobby Samwell • Friday, April 05 15:16 • Permanent Link

One Liberty Properties, Inc. has released its investor presentation for April 2024, showcasing a variety of financial and operational metrics that demonstrate the company’s performance over time. Let's break down the key figures and changes from the previous period:

Financial Summary: Market Cap: $475.4 million Shares Outstanding: 21.3 million Insider Ownership: 25.4% Current Annualized Dividend: $1.80 * Dividend Yield: 8.0%

Operational Metrics: AFFO Per Share: * 2020: $1.90 * 2021: $1.98 * 2022: $1.95 * 2023: $1.99 AFFO Payout Ratio: * 2020: 95% * 2021: 92% * 2022: 91% * 2023: 90%

Balance Sheet: Gross Assets: $944.3 million Total Debt/Gross Assets: 44.7% Debt Service Coverage Ratio: 1.7 to 1.0 Fixed Charge Coverage Ratio: 1.5 to 1.0 * AFFO Payout Ratio: 90.0%

Mortgage Debt Maturities: * Total Balloon Payments Due for the Year Ending December 31, 2024: $168.6 million

Lease Maturity Profile: * Approximate Square Feet Subject to Expiring Leases: * 2024: 647,889 square feet * 2025: 674,357 square feet * 2026: 1,007,595 square feet * 2027: 2,205,521 square feet * 2028: 1,442,680 square feet * 2029: 1,288,812 square feet * 2030: 625,026 square feet * 2031: 864,358 square feet * 2032: 325,456 square feet * 2033: 860,631 square feet * 2034 & Beyond: 829,976 square feet

Stable Occupancy: * March 31, 2024: Occupancy * 98.4%

Acquisition Track Record: * Acquisitions Per Year: * 2020: $43.2 million * 2021: $79.5 million * 2022: $49.3 million * 2023: $28.3 million

Recent Acquisitions: * Total Purchase Price: $75,220,000

Opportunistic Dispositions: * Represents 100% of the gain on the sale of a portion of the property owned by a consolidated joint venture in which the company has a 90% interest. The share of the gain was approximately $1.6 million.

These figures demonstrate One Liberty Properties, Inc.'s strong financial position, consistent operational performance, and strategic real estate activities. As a result of these announcements, the company's shares have moved 0.9% on the market, and are now trading at a price of $22.55. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.