Press coverage about Liberty Property Trust (NYSE:LPT) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Liberty Property Trust earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 47.2478556150267 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- BRIEF-Liberty Property Trust Sets Quarterly Cash Dividend Of $0.40 Per Share (feeds.reuters.com)
- Liberty Property Trust Announces Fourth Quarter 2017 Dividend (feeds.benzinga.com)
- LPT Crosses Above Average Analyst Target (nasdaq.com)
- Liberty Property Trust (LPT) Expected to Announce Quarterly Sales of $173.02 Million (americanbankingnews.com)
- Liberty Property Trust (LPT) Expected to Post Earnings of $0.65 Per Share (americanbankingnews.com)
Several equities research analysts have recently issued reports on LPT shares. Zacks Investment Research upgraded Liberty Property Trust from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a report on Wednesday, August 16th. KeyCorp restated a “hold” rating on shares of Liberty Property Trust in a report on Friday, August 25th. Finally, Stifel Nicolaus restated a “buy” rating and set a $44.00 price objective on shares of Liberty Property Trust in a report on Thursday, September 21st. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Liberty Property Trust currently has an average rating of “Hold” and a consensus price target of $44.17.
Shares of Liberty Property Trust (LPT) traded up $0.18 on Friday, hitting $44.78. The company had a trading volume of 500,046 shares, compared to its average volume of 577,708. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.93. The stock has a market cap of $6,601.38, a price-to-earnings ratio of 19.30, a P/E/G ratio of 2.93 and a beta of 0.88. Liberty Property Trust has a twelve month low of $37.21 and a twelve month high of $45.40.
Liberty Property Trust (NYSE:LPT) last issued its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.23). The firm had revenue of $193.65 million during the quarter, compared to analysts’ expectations of $174.65 million. Liberty Property Trust had a return on equity of 11.41% and a net margin of 47.78%. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period last year, the business posted $0.66 earnings per share. equities research analysts forecast that Liberty Property Trust will post 2.55 EPS for the current year.
Liberty Property Trust declared that its Board of Directors has authorized a stock repurchase program on Monday, October 2nd that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the real estate investment trust to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.
In other Liberty Property Trust news, Director David L. Lingerfelt sold 18,000 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $44.56, for a total value of $802,080.00. Following the transaction, the director now directly owns 56,814 shares of the company’s stock, valued at $2,531,631.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.50% of the company’s stock.
About Liberty Property Trust
Liberty Property Trust (the Trust) is a self-administered and self-managed Maryland real estate investment trust (REIT). The Trust’s assets are owned directly or indirectly, and substantially all of the Trust’s operations are conducted directly or indirectly, by its subsidiary, Liberty Property Limited Partnership (the Operating Partnership).
Receive News & Ratings for Liberty Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.