Home News Current Trend: Liberty Property Trust (NYSE: LPT)

Current Trend: Liberty Property Trust (NYSE: LPT)

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Liberty Property Trust trades as part of the real estate sector and is part of the REITs industry. The company CEO is William P. Hankowsky. Liberty Property Trust is a self-administered and self-managed real estate investment trust. The company primarily manages and leases industrial and office properties throughout the United States.

Previous Intraday Trading Performance:

The LPT stock showed a previous change of -0.21% with an open at 47.83 and a close of 47.65. It reached an intraday high of 47.83 and a low of 46.91.

SeekingAlpha:  Liberty Property Trust 2019 Q1 – Results – Earnings Call Slides

Liquidity:

The stock has a market cap of $7.1b with 148.3m shares outstanding, of which the float is 146.2m shares. Trading volume reached 636,204 shares compared to its average volume of 842,750 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Liberty Property Trust shares returned 1.15% and in the past 30 trading days it returned -1.77%. Over three months, it changed 0.61%. In one year it has changed 10.01% and within that year its 52-week high was 50.48 and its 52-week low was 39.82. LPT stock is 19.66% above its 52 Week Low.

Our calculations show a 200 day moving average of 44.89 and a 50 day moving average of 48.53. Currently LPT stock is trading 6.14% above its 200 day moving average.

SeekingAlpha:  Amazon And Industrial REITs: An Incredible Tailwind, But Future Looks Cloudy

Earnings:

The last annual fiscal EPS for the company was reported at 3.24 that ended on 31st of December 2018, which according to the previous close, that is a PE of 14.71. Based on 7 analyst estimates, the consensus EPS for the next quarter is 0.60. The TTM EPS is 2.77, which comes to a TTM PE of 17.20. Historically, the PE high was 28.20 and the PE low was 14.71. If the stock reached its PE low, that would represent a price of 40.74, which is a decrease of -14.50%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/30/2019): 0.37
4thQtr of 2018 (Reported on 02/05/2019): 1.14
3rdQtr of 2018 (Reported on 10/23/2018): 1.01
2ndQtr of 2018 (Reported on 07/24/2018): 0.13
1stQtr of 2018 (Reported on 04/24/2018): 0.95

The dividend per share is currently 1.64, which is a dividend yield of 3.44%. Also, the payout ratio is 59.21%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 49.02, which means it is possibly undervalued and has a margin of safety of 2.80%.

Indicators to Watch:

Short-interest was 1,420,080, which was 0.96% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.94. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.77.

SeekingAlpha:  Amazon And Industrial REITs: An Incredible Tailwind, But Future Looks Cloudy

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 12.63%, return on assets is 6.16%, profit margin is 59.51%, price-to-sales is 10.32 and price-to-book is 2.12.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 1  :Past Performance Score
 2  :Financial Strength Score
 1  :Future Growth Score
 3  :Dividend Score
 1  :Overall Score

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Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.