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Jun 30, 2021

One Liberty Properties Q2 2021 Earnings Report

Reported steady performance with a focus on industrial properties and strategic dispositions.

Key Takeaways

One Liberty Properties reported a net income of $1.26 per share and AFFO of $0.96 per share for the six months ended June 30, 2021. The company's portfolio remains diversified with a focus on industrial properties and a stable occupancy rate.

Occupancy rate was 96.7% as of June 30, 2021.

Contractual rental income was $69.0 million.

Emphasis on industrial properties with 55.1% of contractual rental income.

Current annualized dividend is $1.80 per share.

Total Revenue
$20.4M
Previous year: $20.9M
-2.1%
EPS
$0.48
Previous year: $0.47
+2.1%
Gross Profit
$17M
Previous year: $17.6M
-3.0%
Cash and Equivalents
$16M
Previous year: $18.6M
-14.1%
Total Assets
$753M
Previous year: $800M
-5.8%

One Liberty Properties

One Liberty Properties

Forward Guidance

One Liberty Properties has liquidity available to acquire in excess of an estimated $150.0 million of properties as of August 11, 2021