earnings
confidence high
sentiment positive
materiality 0.75
One Liberty Properties Q4 FFO edges up; adds $133M in industrial assets since start of 2024
ONE LIBERTY PROPERTIES INC
- Q4 net income $10.5M ($0.49 diluted) vs $15.0M ($0.71) year ago; FFO $0.46 vs $0.45; AFFO $0.50 flat.
- Full-year 2024 revenues flat at $90.6M; net gain on sale $18.0M from 11 properties and an out-parcel.
- Acquired three industrial properties in 2024 for $44.7M; in Q1 2025 acquired three for $62.3M.
- Signed definitive agreement to acquire industrial property for $26M; over 75% of base rent now industrial.
- Declared 129th consecutive quarterly dividend (amount unchanged from prior).