OLP Stock Summary and Trading Ideas (One Liberty Props | NYSE:OLP)

One Liberty Properties Inc is a self-administered and self-managed real estate investment trust. It acquires, owns, and manages a geographically diversified portfolio of industrial, retail, restaurant, health and fitness, and theater properties. OLP owns hundred and ten properties, including three properties owned by consolidated joint ventures and two properties owned by unconsolidated joint ventures. The hundred and ten properties are located in thirty one states. The group generates the majority of its revenue in the form of rental income.

One Liberty Props trades on the NYSE stock market under the symbol OLP.

As of April 18, 2024, OLP stock price climbed to $21.75 with 53,298 million shares trading.

OLP has a beta of 0.79, meaning it tends to be less sensitive to market movements. OLP has a correlation of 0.19 to the broad based SPY ETF.

OLP has a market cap of $462.26 million. This is considered a Small Cap stock.

In the last 3 years, OLP stock traded as high as $36.60 and as low as $17.55.

The top ETF exchange traded funds that OLP belongs to (by Net Assets): VNQ, VTI, IWM, VXF, IWN.

OLP has underperformed the market in the last year with a return of +4.0%, while the SPY ETF gained +22.3%. In the last 3 month period, OLP fell short of the market, returning +5.1%, while SPY returned +6.1%. However, in the most recent 2 weeks OLP has outperformed the stock market by returning -2.8%, while SPY returned -3.8%.

OLP support price is $21.09 and resistance is $21.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OLP stock will trade within this expected range on the day.