Core Viewpoint - One Liberty Properties (OLP) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in a company's earnings picture, which is crucial for near-term stock price movements [2][4]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that affect stock prices [4]. Company Performance and Outlook - The upgrade for One Liberty Properties suggests an improvement in the company's underlying business, which could lead to increased stock prices as investors respond positively [5]. - For the fiscal year ending December 2026, One Liberty Properties is expected to earn $1.97 per share, with a 1.2% increase in the Zacks Consensus Estimate over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks which have averaged a +25% annual return since 1988 [7]. - The upgrade to Zacks Rank 2 places One Liberty Properties in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].

Property Portfolio and Acquisitions - As of February 1, 2026, the company owns 113 properties with approximately 12.5 million square feet, with industrial properties expected to generate approximately 81.6% of the 2026 base rent[16] - In 2025, the company acquired 13 industrial properties for an aggregate purchase price of $188.8 million, contributing $12.5 million, or 15.1%, to the 2026 base rent[19] - A recent acquisition on January 29, 2026, involved a portfolio of ten industrial properties for $56.7 million, expected to generate approximately $3.6 million in base rent for 2026[20] - In 2025, the company sold ten properties, including seven retail and a veterinary hospital, to focus on expanding its industrial portfolio[39] - The company sold ten properties for net sales proceeds of $58.9 million, resulting in a net gain of $18.7 million, with these properties accounting for 2.4% of 2025 rental income[19] - The company plans to sell a vacant retail property in Cary, North Carolina for $6.0 million, anticipated to result in a gain of approximately $2.5 million[22] - As of December 31, 2025, the company owns 103 properties across 30 states, generating a total base rent of $82.67 million for 2026, with industrial properties contributing 80.9% of this amount[122][133] Financial Performance and Projections - The 2026 base rent is projected to be $82.7 million, with an occupancy rate of 98.5% based on square footage[18] - Total revenues for the year ended December 31, 2025, increased to $97,227,000 from $90,563,000 in 2024, representing a 7.4% increase[143] - Rental income from acquisitions surged to $12,489,000 in 2025, a 626.5% increase from $1,719,000 in 2024[144] - Same store rental income increased by $986,000, or 1.2%, from $81,335,000 in 2024 to $82,321,000 in 2025[144] - Total operating expenses rose to $68,007,000 in 2025, up 15.9% from $58,670,000 in 2024[149] - FFO for the year ended December 31, 2025, was $39.171 million, a net increase of $1.1 million or 3.0% compared to 2024[168] - AFFO for the year ended December 31, 2025, was $41.556 million, reflecting a net increase of $399,000 or 1.0% compared to 2024[169] Debt and Financing - The company has a weighted average remaining term of 5.8 years on its $522.5 million mortgage debt, with a weighted average interest rate of 4.88%[18] - As of December 31, 2025, the company had $522.5 million in outstanding mortgage debt, all of which is non-recourse[69] - Approximately $237.3 million of mortgage debt matures from 2026 to 2030, with cash flow from operations insufficient to cover all maturing debt[70] - The company maintains a credit facility with $30.0 million outstanding, bearing a floating interest rate of 5.42% per year[21] - The credit facility allows borrowing up to $100.0 million, with a weighted average interest rate of approximately 6.07% for 2025[182] - The company plans to refinance or extend mortgage loans maturing between 2026 and 2028, with total principal due at maturity of $86.4 million[175] Tenant and Lease Information - The weighted average remaining term of leases generating the 2026 base rent is 4.4 years, with periodic rent increases included in many leases[32] - Approximately 21.7% of the 2026 base rent is derived from six significant tenants, with FedEx contributing 5.0%[61] - The company anticipates that 70 leases for 64 tenants, representing $30.9 million or 37.4% of 2026 base rent, will expire over the next three years[136] - Traditional retail tenants represent 14.6% of the 2026 base rent, with 3.8% from furniture retailers, facing competition from e-commerce[68] Risks and Compliance - The company faces risks related to tenant defaults and lease expirations, which could significantly reduce revenues and operating cash flows[60] - The company has not been notified of any non-compliance with the Americans with Disabilities Act that would materially affect its operations[44] - The company has not identified any hazardous substances on its properties that would materially impact its financial position[42] - Compliance with environmental regulations may lead to substantial costs, adversely affecting the company's operations and liquidity[84] - The company may incur significant remediation costs if material environmental conditions exist, impacting its financial condition[85] - The company is required to distribute at least 90% of its ordinary taxable income to maintain REIT status, which may necessitate borrowing funds at unfavorable rates[94] - Failure to qualify as a REIT could lead to significant tax consequences, reducing cash available for distributions[92] Cybersecurity and Technology - The company is dependent on third-party software for financial reporting processes, particularly Yardi's property management software, which is critical for operations[108] - The company has implemented various cybersecurity safeguards, including firewalls and intrusion detection systems, overseen by a network administrator with over 20 years of experience[112] - The company has retained a third-party cybersecurity consulting firm for continuous monitoring and assessment of its cybersecurity defenses[113] - Cybersecurity breaches could materially harm the company's business and reputation, potentially leading to financial losses and legal liabilities[102] Market Conditions and Economic Factors - The company derives approximately 51.5% of its 2026 base rent from properties located in six states, making it vulnerable to local economic conditions[63] - Real estate investments are relatively illiquid, limiting the ability to reconfigure the portfolio in response to economic changes[81] - The company faces significant competition for investment opportunities from various entities, including publicly-traded REITs and hedge funds, which may impact its ability to secure favorable investments[83] - The company acknowledges that public health crises, such as pandemics, could adversely affect its tenants' financial conditions and overall profitability[107] Internal Controls and Reporting - Internal control over financial reporting was assessed as effective as of December 31, 2025, based on criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission[209] - The company maintains records that accurately reflect transactions and asset dispositions, ensuring compliance with GAAP[211] - There have been no changes in internal controls over financial reporting that materially affected the company during the three months ended December 31, 2025[210]

分组1 - One Liberty Properties (OLP) reported quarterly funds from operations (FFO) of $0.48 per share, exceeding the Zacks Consensus Estimate of $0.47 per share, but down from $0.5 per share a year ago, resulting in an FFO surprise of +2.13% [1] - The company generated revenues of $24.74 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.94%, compared to $23.86 million in the same quarter last year [2] - One Liberty Properties has outperformed the S&P 500, with shares increasing by approximately 17.8% since the beginning of the year, while the S&P 500 gained only 0.4% [3] 分组2 - The future performance of One Liberty Properties' stock will largely depend on management's commentary during the earnings call and the outlook for FFO [3][4] - The current consensus FFO estimate for the upcoming quarter is $0.48 on revenues of $25.38 million, and for the current fiscal year, it is $1.95 on revenues of $103.35 million [7] - The Zacks Industry Rank indicates that the REIT and Equity Trust - Other sector is currently in the bottom 39% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]

Exhibit 99.1 ONE LIBERTY PROPERTIES REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS – Approximately 82% of Annual Base Rent from Industrial Properties – – Acquires 23 Industrial Properties for $245.5 Million in 2025 and Subsequent to Year End – – Completes Sale of 12 Non-Core Assets for $61.3 Million of Net Proceeds in 2025 – GREAT NECK, New York, March 5, 2026 — One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust focused on the ownership of industrial properties, today announced oper ...

Core Insights - One Liberty Properties, Inc. has transformed into a predominantly industrial-focused platform, with approximately 82% of its annual base rent derived from industrial properties, following strategic acquisitions totaling $246 million over the past 14 months [2][9]. Financial Performance - For the fourth quarter of 2025, rental income increased by $0.9 million year-over-year, primarily due to the net impact of acquisitions and dispositions [5]. - Total operating expenses rose by $4.6 million year-over-year, mainly due to a $3.3 million non-cash impairment charge and the net impact of acquisitions and dispositions [6]. - The company reported a net income of $0.10 per diluted share for the fourth quarter and $1.15 per diluted share for the full year 2025 [9][15]. - Funds from operations (FFO) for the fourth quarter were $0.50 per diluted share, reflecting an 8.7% increase year-over-year, while adjusted funds from operations (AFFO) were $0.48 per diluted share, a decrease of 4.0% [10][15]. Transaction Activity - In 2025, the company acquired 13 industrial properties for $188.8 million and completed the sale of 12 non-core assets for $61.3 million [9][19]. - Subsequent to year-end, the company acquired an additional ten industrial properties for $56.7 million and entered into a contract to acquire 14 acres of land for $800,000 [9][22]. Balance Sheet and Liquidity - As of December 31, 2025, One Liberty had total assets of $857.6 million, total debt of $517.3 million, and stockholders' equity of $299.6 million [16]. - The company's available liquidity as of February 27, 2026, was $78.5 million, including $8.5 million in cash and cash equivalents [17]. Portfolio Metrics - The portfolio occupancy rate stood at 98.5% at year-end 2025, with extended or renewed leases covering 116,000 square feet in the fourth quarter and 888,000 square feet for the full year [9][15].

Core Viewpoint - One Liberty Properties, Inc. has declared a quarterly dividend of $0.45 per share, marking its 133rd consecutive quarterly dividend and demonstrating a commitment to maintaining or increasing dividends for over 33 years [1]. Company Overview - One Liberty Properties, Inc. is an industrial-focused real estate investment trust (REIT) established in Maryland in 1982 [2]. - The company owns and operates a geographically diversified portfolio primarily consisting of industrial properties across the United States [2]. - Additional financial and descriptive information about One Liberty can be found on its website, and interested parties are encouraged to review its Annual Report on Form 10-K and other filings with the Securities and Exchange Commission [2].

Core Insights - One Liberty Properties, Inc. has acquired a portfolio of ten industrial properties totaling 637,633 square feet, which is fully leased and below replacement cost, enhancing its long-term mark-to-market opportunities [1][3] Group 1: Acquisition Details - The acquisition adds $246 million in industrial assets over the last 12 months, marking a historic period for the company [3] - The properties are located in seven growing distribution markets, including Greensboro, NC, and Salt Lake City, UT, with an average size of 64,000 square feet and an average construction year of 2004 [3] Group 2: Financial Structure - The acquisition was financed through a $17 million mortgage and approximately $30 million from a $100 million credit facility, with the mortgage having a fixed interest rate of 5.53% [2] - The company anticipates obtaining additional financing on two other properties in the portfolio to pay down the credit facility [2] Group 3: Portfolio Composition - Industrial properties now comprise 82% of the total portfolio's annual base rent (ABR), indicating a strong focus on industrial real estate [1][3] - The average in-place rent for the acquired properties is below market rates, providing significant upside potential for future rent increases [1][3]

Core Insights - One Liberty Properties, Inc. has completed the acquisition of a 397,440 square foot industrial property in Sewickley, Pennsylvania for $53.5 million, which is 93% leased to 16 tenants including Amazon and Linde Gas [1][3] - The company has reported a record year for industrial acquisitions, totaling $188.8 million year to date, which is over five times the average annual acquisition pace from the previous five years [3] Acquisition Details - The acquired property consists of six buildings and has an aggregate annual base rent of approximately $3.4 million, with annual contractual rent increases ranging from 2% to 3% [1] - The weighted average remaining lease term for the property is 3.3 years, indicating a stable income stream [1] Financing Structure - The acquisition was financed through cash and a seven-year mortgage of $32.4 million at an interest rate of 5.45%, with the first five years being interest-only [2] Strategic Implications - The acquisition is seen as a significant step in the company's industrial-focused transformation strategy, enhancing operational efficiencies and diversifying its tenant base [3]

Group 1 - The article does not provide any specific content related to a company or industry [1]

Core Points - One Liberty Properties, Inc. declared a quarterly dividend of $0.45 per share, payable on January 6, 2026, to stockholders of record by December 22, 2025 [2] - The company has increased or maintained its dividend for 33 consecutive years, marking its 132nd consecutive quarterly dividend [3] Financial Information - More than 90% of the declared dividend will be included in 2026 taxable income for federal income tax purposes [2] - Approximately 50% of the dividends attributable to 2025 will be treated as capital gains [2] Company Overview - One Liberty Properties, Inc. focuses on acquiring, owning, and managing a geographically diversified portfolio, primarily consisting of industrial properties [4] - Additional financial and descriptive information can be found on the company's website [4]