One Liberty Properties, Inc.·Real Estate

One Liberty Properties (OLP) came out with quarterly funds from operations (FFO) of $0.48 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to FFO of $0.48 per share a year ago.

– Approximately 84% of Base Rent to be Derived from Industrial Properties – – Rental Income Increases 11.6% Year Over Year in First Quarter – GREAT NECK, N.Y., May 06, 2026 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust focused on the ownership of industrial properties, today announced operating results for the quarter ended March 31, 2026.

Realty Income and VICI Properties are highlighted as top net lease REITs with wide moats and attractive valuations. Net lease REITs benefit from long-term, predictable cash flows and cost-of-capital advantages, especially those with access to European debt markets. O trades at 15.1x P/AFFO (below its historical 17.7x), offers a 5.0% yield, and is forecasted for a 15% 12-month total return.

High-yield 'mousetrap' REITs consistently underperform, with significant risk of dividend cuts and capital loss, as evidenced by recent 12-month returns lagging VNQ by over 1,000 bps. Dividend Safety scores are critical; REITs rated F face a 40% chance of a cut within 12 months, often resulting in sharp share price declines. Key danger signals include high payout ratios, weak revenues, and heavy debt loads.

One Liberty Properties is upgraded to Strong Buy, reflecting a compelling 8.4% yield and significant undervaluation. OLP's strategic pivot to 82% industrial assets positions it for durable earnings growth as market conditions recover in the long term. The payout ratio remains elevated at ~93.8%, but even a cut to a more manageable ~80% payout, for example, would sustain a robust yield near 7.2%.

One Liberty Properties (NYSE: OLP - Get Free Report) and NETSTREIT (NYSE: NTST - Get Free Report) are both small-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, analyst recommendations, dividends, valuation, earnings and profitability. Analyst Ratings This is a summary of
One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness and theater properties. Many of these properties are subject to long term net leases under which the tenant is typically responsible for the property's real estate taxes, insurance and ordinary maintenance and repairs.
Real Estate
REIT - Diversified
10
1983-04-25
0.93