Urstadt Biddle Properties (UBA) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Urstadt Biddle Properties in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" UBA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UBA, but not buy additional shares or sell existing shares.
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3 brokers have issued 12-month price targets for Urstadt Biddle Properties' stock. Their UBA share price forecasts range from $19.00 to $19.00. On average, they expect the company's share price to reach $19.00 in the next year. This suggests that the stock has a possible downside of 6.1%.
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Urstadt Biddle Properties' stock was trading at $18.95 at the beginning of 2023. Since then, UBA stock has increased by 6.8% and is now trading at $20.24.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 14th 2023.
View our UBA earnings forecast.

Urstadt Biddle Properties Inc. (NYSE:UBA) issued its earnings results on Friday, March, 11th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.08. Urstadt Biddle Properties had a trailing twelve-month return on equity of 11.70% and a net margin of 28.19%.

Urstadt Biddle Properties declared a quarterly dividend on Thursday, June 1st. Shareholders of record on Wednesday, June 14th will be given a dividend of $0.2083 per share on Thursday, July 6th. This represents a $0.83 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date is Tuesday, June 13th.
Read our dividend analysis for UBA.

ETFs with the largest weight of Urstadt Biddle Properties (NYSE:UBA) stock in their portfolio include Cambria Global Real Estate ETF (BLDG), Invesco S&P SmallCap Low Volatility ETF (XSLV), First Trust Dow Jones Select Microcap Index Fund (FDM), U.S. Diversified Real Estate ETF (PPTY), Invesco S&P SmallCap Financials ETF (PSCF), iShares Core U.S. REIT ETF (USRT), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and First Trust S&P REIT Index Fund (FRI).

Urstadt Biddle Properties (NYSE:UBA) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.00%. UBA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 140.85%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, UBA will have a dividend payout ratio of 59.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UBA.

2 employees have rated Urstadt Biddle Properties Chief Executive Officer Charles J. Urstadt on Glassdoor.com. Charles J. Urstadt has an approval rating of 100% among the company's employees. This puts Charles J. Urstadt in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Urstadt Biddle Properties investors own include Energy Transfer (ET), Simon Property Group (SPG), BlackRock (BLK), Exxon Mobil (XOM), CA (CA), AT&T (T), Iron Mountain (IRM), Medical Properties Trust (MPW), STORE Capital (STOR) and Verizon Communications (VZ).

Urstadt Biddle Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "UBA."

Urstadt Biddle Properties' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.86%), State Street Corp (2.98%), Geode Capital Management LLC (1.62%), LSV Asset Management (1.24%), Dimensional Fund Advisors LP (1.01%) and Bank of New York Mellon Corp (0.90%). Insiders that own company stock include Bryan O Colley, Bryan O Colley and Kevin J Bannon.
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Shares of UBA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of UBA stock can currently be purchased for approximately $20.24.

Urstadt Biddle Properties (NYSE:UBA) has a market capitalization of $796.04 million and generates $143.10 million in revenue each year. The real estate investment trust earns $39.70 million in net income (profit) each year or $0.71 on an earnings per share basis.

The company employs 106 workers across the globe.

Urstadt Biddle Properties' mailing address is 321 RAILROAD AVENUE, GREENWICH CT, 06830. The official website for the company is www.ubproperties.com. The real estate investment trust can be reached via phone at (203) 863-8200, via email at lsantangelo@ubproperties.com, or via fax at 203-861-6755.