About Urstadt Biddle Properties (NYSE:UBA)
Urstadt Biddle Properties Inc. is a real estate investment trust, which is engaged in the acquisition, ownership and management of commercial real estate. The Company owns Ridgeway Shopping Center (Ridgeway) property, which is located in Stamford, Connecticut. Its segments include Ridgeway and All Other Operating Segments. Its primary business is the ownership of real estate investments with primary emphasis on properties in the metropolitan New York tri-state area outside of the City of New York. As of October 31, 2016, the Company's properties consisted principally of neighborhood and community shopping centers and seven office buildings. As of March 30, 2017, the Company owned or had equity interests in 80 properties, including neighborhood and community shopping centers, office buildings, single tenant retail or restaurant properties and office/retail mixed-use properties located in four states throughout the United States.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial REITs
- Sub-Industry: Retail REITs
- Symbol: NYSE:UBA
- CUSIP: 91728620
- Web: www.ubproperties.com
Capitalization:- Market Cap: $871.4 million
- Outstanding Shares: 37,704,000
Average Prices:- 50 Day Moving Avg: $21.84
- 200 Day Moving Avg: $20.51
- 52 Week Range: $18.32 - $25.43
P/E:- Trailing P/E Ratio: 21.11
- Foreward P/E Ratio: 17.02
- P/E Growth: 2.94
Sales & Book Value:- Annual Revenue: $122.07 million
- Price / Sales: 6.83
- Book Value: $10.78 per share
- Price / Book: 2.05
Dividend:- Annual Dividend: $1.06
- Dividend Yield: 4.8%
Profitability:- EBITDA: $74.49 million
- Net Margins: 44.45%
- Return on Equity: 13.62%
- Return on Assets: 5.65%
Debt:- Debt-to-Equity Ratio: 0.71%
- Current Ratio: 7.58%
- Quick Ratio: 7.58%
Misc:- Average Volume: 116,860 shs.
- Beta: 0.53
- Short Ratio: 3.5
Frequently Asked Questions for Urstadt Biddle Properties (NYSE:UBA)
What is Urstadt Biddle Properties' stock symbol?
Urstadt Biddle Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "UBA."
How often does Urstadt Biddle Properties pay dividends? What is the dividend yield for Urstadt Biddle Properties?
Urstadt Biddle Properties declared a quarterly dividend on Thursday, September 7th. Stockholders of record on Friday, October 6th will be paid a dividend of $0.265 per share on Friday, October 20th. This represents a $1.06 annualized dividend and a dividend yield of 4.79%. The ex-dividend date is Thursday, October 5th. View Urstadt Biddle Properties' Dividend History.
How will Urstadt Biddle Properties' stock buyback program work?
Urstadt Biddle Properties declared that its board has initiated a share buyback plan on Saturday, June 10th 2017, which permits the company to buyback 2,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.
How were Urstadt Biddle Properties' earnings last quarter?
Urstadt Biddle Properties Inc. (NYSE:UBA) posted its quarterly earnings results on Friday, September, 8th. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.17. The company earned $31.87 million during the quarter, compared to analyst estimates of $29.30 million. Urstadt Biddle Properties had a net margin of 44.45% and a return on equity of 13.62%. View Urstadt Biddle Properties' Earnings History.
When will Urstadt Biddle Properties make its next earnings announcement?
Where is Urstadt Biddle Properties' stock going? Where will Urstadt Biddle Properties' stock price be in 2017?
2 brokerages have issued twelve-month price targets for Urstadt Biddle Properties' shares. Their predictions range from $20.00 to $23.00. On average, they expect Urstadt Biddle Properties' stock price to reach $21.50 in the next year. View Analyst Ratings for Urstadt Biddle Properties.
What are analysts saying about Urstadt Biddle Properties stock?
Here are some recent quotes from research analysts about Urstadt Biddle Properties stock:
- 1. According to Zacks Investment Research, "Urstadt Biddle Properties is a self-administered equity real estate investment trust that provides investors with an investment vehicle for participating in ownership of income-producing properties. Their core properties consist principally of community shopping centers located in the northeast. " (9/27/2017)
- 2. FBR & Co analysts commented, "We raise our earnings estimates for UBA, post a refinancing of the Series F preferred (7.125% coupon) with the recently issued lower-cost Series H preferred (6.25%), and given upside to our 3Q17 earnings estimates. Our 2017 FFO increases from $1.18, to $1.25, and our 2018 FFO increases from $1.24, to $1.30." (9/21/2017)
Who are some of Urstadt Biddle Properties' key competitors?
Some companies that are related to Urstadt Biddle Properties include Workspace Group plc (WKP), Global Net Lease (GNL), Seritage Growth Properties (SRG), CBL & Associates Properties (CBL), Hannon Armstrong Sustainable Infrastructure Capital (HASI), New York REIT (NYRT), Monmouth Real Estate Investment Corporation (MNR), Londonmetric Property PLC (LMP), Armada Hoffler Properties (AHH), Newriver Reit PLC (NRR), Easterly Government Properties (DEA), Redefine International PLC (RDI), First Potomac Realty Trust (FPO), Gladstone Commercial Corporation (GOOD), Whitestone REIT (WSR), One Liberty Properties (OLP), Picton Property Income Ltd (PCTN) and Standard Life Inv Prop Inc Trust Ltd (SLI).
Who are Urstadt Biddle Properties' key executives?
Urstadt Biddle Properties' management team includes the folowing people:
- John T. Hayes, Chief Financial Officer, Senior Vice President, Treasurer
- Stephan A. Rapaglia, Chief Operating Officer, Senior Vice President - Real Estate, Counsel and Assistant Secretary
- Kevin J. Bannon, Director
- George H.C. Lawrence, Director
- Robert J. Mueller, Director
- Catherine U. Biddle, Independent Director
- Willing L. Biddle, Independent Director
Who owns Urstadt Biddle Properties stock?
Urstadt Biddle Properties' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Baker Ellis Asset Management LLC (0.25%). Company insiders that own Urstadt Biddle Properties stock include Charles J Urstadt, John T Hayes, Stephan A Rapaglia, Thomas D Myers and Willing L Biddle. View Institutional Ownership Trends for Urstadt Biddle Properties.
Who bought Urstadt Biddle Properties stock? Who is buying Urstadt Biddle Properties stock?
Urstadt Biddle Properties' stock was bought by a variety of institutional investors in the last quarter, including Baker Ellis Asset Management LLC. Company insiders that have bought Urstadt Biddle Properties stock in the last two years include Charles J Urstadt and Willing L Biddle. View Insider Buying and Selling for Urstadt Biddle Properties.
How do I buy Urstadt Biddle Properties stock?
Shares of Urstadt Biddle Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Urstadt Biddle Properties' stock price today?
One share of Urstadt Biddle Properties stock can currently be purchased for approximately $22.12.
MarketBeat Community Rating for Urstadt Biddle Properties (NYSE UBA)MarketBeat's community ratings are surveys of what our community members think about Urstadt Biddle Properties and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for Urstadt Biddle Properties (NYSE:UBA)Earnings History by Quarter for Urstadt Biddle Properties (NYSE UBA)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 12/13/2017 | | $0.15 | | | | | N/A |  |
| 9/8/2017 | Q3 2017 | $0.16 | $0.33 | $29.30 million | $31.87 million | View | N/A | |
| 6/7/2016 | Q2 | $0.27 | $0.31 | $28.45 million | $29.17 million | View | N/A | |
| 3/10/2016 | Q1 | $0.30 | $0.26 | $29.00 million | $27.45 million | View | N/A | |
| 12/18/2015 | Q4 | $0.32 | $0.28 | | $27.94 million | View | N/A | |
| 9/8/2015 | Q315 | $0.29 | $0.32 | | $28.80 million | View | N/A | |
| 3/11/2015 | Q115 | $0.30 | $0.26 | | $28.51 million | View | N/A | |
| 12/12/2014 | | $0.30 | $0.26 | $25.11 million | $26.23 million | View | N/A | |
| 9/8/2014 | | $0.29 | $0.29 | $26.10 million | $24.96 million | View | N/A | |
| 6/9/2014 | Q214 | $0.29 | $0.26 | $25.50 million | $26.00 million | View | N/A | |
| 3/11/2014 | Q114 | $0.29 | $0.27 | $25.52 million | $25.20 million | View | N/A | |
| 12/12/2013 | Q4 | $0.31 | $0.29 | | | View | N/A | |
| 3/6/2013 | Q412 | $0.21 | $0.26 | $23.51 million | | View | N/A | |
| 12/13/2012 | 0.19 | $0.29 | $0.19 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Urstadt Biddle Properties (NYSE:UBA)2017 EPS Consensus Estimate: $0.91
2018 EPS Consensus Estimate: $1.34
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q2 2017 | 1 | $0.29 | $0.29 | $0.29 |
| Q3 2017 | 2 | $0.30 | $0.31 | $0.31 |
| Q4 2017 | 2 | $0.29 | $0.33 | $0.31 |
| Q1 2018 | 2 | $0.32 | $0.34 | $0.33 |
| Q2 2018 | 2 | $0.32 | $0.34 | $0.33 |
| Q3 2018 | 2 | $0.33 | $0.34 | $0.34 |
| Q4 2018 | 2 | $0.33 | $0.35 | $0.34 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Urstadt Biddle Properties (NYSE:UBA)| Most Recent Dividend: | 10/20/2017 |
| Annual Dividend: | $1.06 |
| Dividend Yield: | 4.79% |
| Dividend Growth: | 1.30% (3 Year Average) |
| Payout Ratio: | 99.07% (Trailing 12 Months of Earnings)
84.80% (Based on This Year's Estimates)
81.54% (Based on Next Year's Estimates)
|
| Track Record: | 17 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Urstadt Biddle Properties (NYSE UBA)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/7/2017 | quarterly | $0.27 | 5.07% | 10/5/2017 | 10/6/2017 | 10/20/2017 |
| 6/6/2017 | quarterly | $0.27 | 5.58% | 6/28/2017 | 6/30/2017 | 7/14/2017 |
| 3/23/2017 | Quarterly | $0.27 | | 3/30/2017 | 4/3/2017 | 4/17/2017 |
| 3/22/2017 | quarterly | $0.27 | 5.2% | 3/29/2017 | 3/31/2017 | 4/14/2017 |
| 12/16/2016 | quarterly | $0.27 | 4.39% | 1/4/2017 | 1/6/2017 | 1/20/2017 |
| 9/8/2016 | Quarterly | $0.26 | | 10/5/2016 | 10/7/2016 | 10/21/2016 |
| 6/8/2016 | Quarterly | $0.26 | | 6/29/2016 | 7/1/2016 | 7/15/2016 |
| 3/24/2016 | Quarterly | $0.26 | | 3/31/2016 | 4/4/2016 | 4/15/2016 |
| 12/18/2015 | Quarterly | $0.26 | | 12/31/2015 | 1/5/2016 | 1/15/2016 |
| 9/3/2015 | | $0.26 | | 9/30/2015 | 10/2/2015 | 10/16/2015 |
| 6/8/2015 | quarterly | $0.26 | 5.24% | 6/30/2015 | 7/2/2015 | 7/17/2015 |
| 3/25/2015 | quarterly | $0.26 | 4.47% | 4/1/2015 | 4/6/2015 | 4/17/2015 |
| 12/15/2014 | quarterly | $0.26 | 4.64% | 12/31/2014 | 1/5/2015 | 1/16/2015 |
| 9/4/2014 | quarterly | $0.23 | 4.58% | 10/1/2014 | 10/3/2014 | 10/17/2014 |
| 6/5/2014 | quarterly | $0.23 | 4.7% | 7/1/2014 | 7/3/2014 | 7/18/2014 |
| 3/26/2014 | quarterly | $0.25 | 4.96% | 4/3/2014 | 4/7/2014 | 4/17/2014 |
| 12/13/2013 | quarterly | $0.25 | 5.5% | 12/31/2013 | 1/3/2014 | 1/17/2014 |
| 12/13/2013 | quarterly | $0.25 | | | 1/17/2014 | 1/31/2014 |
| 9/5/2013 | quarterly | $0.25 | 5.18% | 10/2/2013 | 10/4/2013 | 10/18/2013 |
| 6/6/2013 | quarterly | $0.23 | 4.74% | 7/2/2013 | 7/5/2013 | 7/19/2013 |
| 3/21/2013 | quarterly | $0.23 | 4.63% | 4/3/2013 | 4/5/2013 | 4/19/2013 |
| 12/13/2012 | quarterly | $0.23 | 5.37% | 1/2/2013 | 1/4/2013 | 1/18/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Urstadt Biddle Properties (NYSE:UBA)Insider Ownership Percentage: 20.06%
Institutional Ownership Percentage: 59.32%
Insider Trades by Quarter for Urstadt Biddle Properties (NYSE:UBA)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 10/5/2017 | John T Hayes | VP | Sell | 4,900 | $22.20 | $108,780.00 | |
| 9/20/2017 | Stephan A. Rapaglia | COO | Sell | 1,500 | $21.70 | $32,550.00 | |
| 4/18/2017 | Willing L Biddle | CEO | Buy | 100 | $17.36 | $1,736.00 | |
| 4/17/2017 | Willing L Biddle | CEO | Buy | 200 | $17.30 | $3,460.00 | |
| 1/18/2017 | John T. Hayes | CFO | Sell | 2,600 | $23.34 | $60,684.00 | |
| 12/21/2016 | Stephan A. Rapaglia | COO | Sell | 2,000 | $24.34 | $48,680.00 | |
| 10/5/2016 | John T. Hayes | VP | Sell | 3,000 | $22.15 | $66,450.00 | |
| 6/21/2016 | Stephan A. Rapaglia | COO | Sell | 1,500 | $23.52 | $35,280.00 | |
| 6/10/2016 | Thomas D Myers | EVP | Sell | 5,000 | $22.97 | $114,850.00 | |
| 4/15/2016 | Charles J Urstadt | Chairman | Buy | 5,000 | $21.00 | $105,000.00 | |
| 4/6/2016 | Charles J Urstadt | Chairman | Buy | 3,000 | $20.50 | $61,500.00 | |
| 1/29/2016 | Thomas D Myers | EVP | Sell | 10,000 | $20.00 | $200,000.00 | |
| 1/22/2016 | Charles J Urstadt | Chairman | Buy | 35,590 | $19.00 | $676,210.00 | |
| 6/24/2015 | Kevin J Bannon | Director | Buy | 5,000 | $19.38 | $96,900.00 | |
| 1/16/2015 | Charles J Urstadt | Chairman | Buy | 6,000 | $23.20 | $139,200.00 | |
| 1/8/2015 | Charles J Urstadt | Chairman | Buy | 34,000 | $22.40 | $761,600.00 | |
| 1/8/2015 | John T Hayes | CFO | Sell | 6,500 | $22.40 | $145,600.00 | |
| 1/8/2015 | Stephan A Rapaglia | COO | Sell | 1,750 | $22.40 | $39,200.00 | |
| 1/8/2015 | Thomas D Myers | EVP | Sell | 10,000 | $22.40 | $224,000.00 | |
| 5/6/2014 | Charles Urstadt | major shareholder | Buy | 15,000 | $20.12 | $301,800.00 | |
| 4/22/2014 | Charles Urstadt | major shareholder | Buy | 5,000 | $20.90 | $104,500.00 | |
| 4/8/2014 | Thomas Myers | EVP | Sell | 10,000 | $20.50 | $205,000.00 | |
| 1/22/2014 | John T Hayes | CFO | Sell | 6,000 | $18.74 | $112,440.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Urstadt Biddle Properties (NYSE:UBA)
Latest Headlines for Urstadt Biddle Properties (NYSE:UBA)
| Source: |
|
Loading headlines, please wait.
Urstadt Biddle Properties (UBA) Chart for Monday, October, 23, 2017
