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
Industry Commercial REITs
Trailing P/E Ratio17.84
Forward P/E Ratio18.70
Sales & Book Value
Annual Sales$116.79 million
Price / Sales7.88
Cash Flow$1.45 per share
Price / Cash16.12
Book Value$10.08 per share
Price / Book2.32
Net Income$33.71 million
Return on Equity13.62%
Return on Assets5.65%
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 announced a quarterly dividend on Thursday, September 7th. Shareholders 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 4.54%. The ex-dividend date of this dividend 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 of Directors has authorized a share buyback program on Saturday, June 10th 2017, which permits the company to repurchase 2,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its shares are undervalued.
How were Urstadt Biddle Properties' earnings last quarter?
Urstadt Biddle Properties Inc. (NYSE:UBA) announced its earnings results on Friday, September, 8th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.17. The real estate investment trust 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?
3 equities research analysts have issued twelve-month target prices for Urstadt Biddle Properties' stock. Their predictions range from $20.00 to $23.00. On average, they anticipate Urstadt Biddle Properties' stock price to reach $21.50 in the next year. View Analyst Ratings for Urstadt Biddle Properties.
What are Wall Street 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), Hannon Armstrong Sustainable Infrastructure Capital (HASI), Monmouth Real Estate Investment Corporation (MNR), New York REIT (NYRT), Inland Real Estate (IRC), CBL & Associates Properties (CBL), NewRiver REIT plc (NRR), Easterly Government Properties (DEA), Redefine International Plc (RDI), Armada Hoffler Properties (AHH), First Potomac Realty Trust (FPO), Brookfield Canada Office Properties (BOXC), Gladstone Commercial Corporation (GOOD), Whitestone REIT (WSR), One Liberty Properties (OLP) and Picton Property Income Limited (PCTN).
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 (Age 50)
- Stephan A. Rapaglia, Chief Operating Officer, Senior Vice President - Real Estate, Counsel and Assistant Secretary (Age 46)
- Kevin J. Bannon, Director (Age 64)
- George H.C. Lawrence, Director (Age 79)
- Robert J. Mueller, Director (Age 75)
- Catherine U. Biddle, Independent Director (Age 53)
- Willing L. Biddle, Independent Director (Age 55)
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 Bank of New York Mellon Corp (1.31%), American Century Companies Inc. (1.15%), Dimensional Fund Advisors LP (1.08%), JPMorgan Chase & Co. (0.68%), Neuberger Berman Group LLC (0.40%) and Prudential Financial Inc. (0.42%). 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 sold Urstadt Biddle Properties stock? Who is selling Urstadt Biddle Properties stock?
Urstadt Biddle Properties' stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Schroder Investment Management Group, Virginia Retirement Systems ET AL, Athena Capital Advisors LLC, Nationwide Fund Advisors, Russell Investments Group Ltd., Los Angeles Capital Management & Equity Research Inc. and Bank of New York Mellon Corp. Company insiders that have sold Urstadt Biddle Properties company stock in the last year include John T Hayes and Stephan A Rapaglia. View Insider Buying and Selling for Urstadt Biddle Properties.
Who bought Urstadt Biddle Properties stock? Who is buying Urstadt Biddle Properties stock?
Urstadt Biddle Properties' stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Prudential Financial Inc., Forsta AP Fonden, RMR Advisors LLC, Dimensional Fund Advisors LP, Victory Capital Management Inc., Crossmark Global Holdings Inc. and Allianz Asset Management GmbH. 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 with access to the U.S. stock market 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 $23.37.
How big of a company is Urstadt Biddle Properties?
Urstadt Biddle Properties has a market capitalization of $868.18 million and generates $116.79 million in revenue each year. The real estate investment trust earns $33.71 million in net income (profit) each year or $1.05 on an earnings per share basis. Urstadt Biddle Properties employs 51 workers across the globe.
How can I contact Urstadt Biddle Properties?
Urstadt Biddle Properties' mailing address is 321 Railroad Ave, GREENWICH, CT 06830-6389, United States. The real estate investment trust can be reached via phone at +1-203-8638200 or via email at [email protected]
MarketBeat Community Rating for Urstadt Biddle Properties (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 and Estimates Chart for Urstadt Biddle Properties (NYSE:UBA)
Earnings History by Quarter for Urstadt Biddle Properties (NYSE UBA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|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|
|12/12/2014||$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|
Earnings Estimates for Urstadt Biddle Properties (NYSE:UBA)
2017 EPS Consensus Estimate: $0.91
2018 EPS Consensus Estimate: $1.34
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Urstadt Biddle Properties (NYSE:UBA)
|Most Recent Dividend:||10/20/2017|
|Dividend Growth:||1.30% (3 Year Average)|
|Payout Ratio:||100.95% (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)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Urstadt Biddle Properties (NYSE UBA)
Insider Ownership Percentage: 20.06%
Institutional Ownership Percentage: 58.71%
Insider Trades by Quarter for Urstadt Biddle Properties (NYSE UBA)
(Data available from 1/1/2013 forward)
|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|| |
Latest Headlines for Urstadt Biddle Properties (NYSE UBA)
|Kimco (KIM) Announces Plans to Refurbish Owings Mills Mall|
finance.yahoo.com - November 22 at 2:27 PM
| Analysts Anticipate Urstadt Biddle Properties Inc. (UBA) Will Announce Quarterly Sales of $30.01 Million|
www.americanbankingnews.com - November 20 at 6:58 PM
|Urstadt Biddle Properties Inc. (UBA) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - November 19 at 10:02 AM
|$30.01 Million in Sales Expected for Urstadt Biddle Properties Inc. (UBA) This Quarter|
www.americanbankingnews.com - November 19 at 9:12 AM
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finance.yahoo.com - November 16 at 9:47 AM
|Bank of Industry -- Moody's downgrades eight Nigerian banks following downgrade of Nigeria's government bond rating|
finance.yahoo.com - November 12 at 12:49 PM
|Urstadt Biddle Properties' (UBA) "Neutral" Rating Reiterated at B. Riley|
www.americanbankingnews.com - November 8 at 11:59 AM
|UBA Crosses Above Average Analyst Target|
www.thestreet.com - November 5 at 7:50 AM
|Urstadt Biddle Properties Inc. (UBA) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - October 25 at 10:45 AM
|Head to Head Survey: Urstadt Biddle Properties (UBA) versus The Competition|
www.americanbankingnews.com - October 21 at 2:24 AM
|Buy 5 Low-Beta Stocks & Forget Market Volatility|
finance.yahoo.com - October 18 at 10:00 AM
|Urstadt Biddle Properties, Inc. : UBA-US: Dividend Analysis : October 06th, 2017 (record date) : By the numbers : October 18, 2017|
finance.yahoo.com - October 18 at 10:00 AM
|Urstadt Biddle Properties (UBA) versus Its Competitors Head-To-Head Review|
www.americanbankingnews.com - October 14 at 8:20 PM
|Urstadt Biddle Properties Inc. (UBA) Expected to Announce Quarterly Sales of $30.01 Million|
www.americanbankingnews.com - October 11 at 1:28 PM
|John T. Hayes Sells 4,900 Shares of Urstadt Biddle Properties Inc. (UBA) Stock|
www.americanbankingnews.com - October 6 at 4:22 PM
|Urstadt Biddle Properties Inc. (UBA) Ex-Dividend Date Scheduled for October 05 ...|
www.nasdaq.com - October 6 at 12:04 PM
|Urstadt Biddle Properties Inc. (UBA) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - September 30 at 10:40 AM
|Contrasting Urstadt Biddle Properties (UBA) and Its Rivals|
www.americanbankingnews.com - September 27 at 6:28 PM
|DA Davidson Research Analysts Raise Earnings Estimates for Urstadt Biddle Properties Inc. (UBA)|
www.americanbankingnews.com - September 25 at 3:04 AM
|Does Urstadt Biddle Properties Inc’s (UBA) PE Ratio Signal A Buying Opportunity?|
finance.yahoo.com - September 23 at 10:25 AM
|FBR & Co Research Analysts Boost Earnings Estimates for Urstadt Biddle Properties Inc. (UBA)|
www.americanbankingnews.com - September 22 at 6:56 AM
|Urstadt Biddle Properties Inc. (UBA) Given Hold Rating at FBR & Co|
www.americanbankingnews.com - September 21 at 8:56 PM
|Stephan A. Rapaglia Sells 1,500 Shares of Urstadt Biddle Properties Inc. (UBA) Stock|
www.americanbankingnews.com - September 21 at 8:16 PM
| Analysts Expect Urstadt Biddle Properties Inc. (UBA) Will Announce Earnings of $0.31 Per Share|
www.americanbankingnews.com - September 20 at 6:08 PM
|Urstadt Biddle Properties Inc. (UBA) Stock Rating Reaffirmed by Deutsche Bank AG|
www.americanbankingnews.com - September 20 at 5:46 PM
|Analyzing Urstadt Biddle Properties (UBA) & Gladstone Commercial Corporation (GOOD)|
www.americanbankingnews.com - September 20 at 4:14 PM
|Hey Diddle Diddle, 6.25% From Urstadt Biddle - My Thoughts|
seekingalpha.com - September 15 at 10:38 AM
|Hey Diddle Diddle, 6.25% From Urstadt Biddle - My Thoughts|
seekingalpha.com - September 15 at 10:38 AM
|FY2018 EPS Estimates for Urstadt Biddle Properties Inc. Cut by DA Davidson (UBA)|
www.americanbankingnews.com - September 14 at 12:50 PM
|BRIEF-Urstadt Biddle Properties announces offering of series H preferred stock|
www.reuters.com - September 13 at 10:40 AM
|FY2017 EPS Estimates for Urstadt Biddle Properties Inc. (UBA) Boosted by Analyst|
www.americanbankingnews.com - September 13 at 8:00 AM
|Urstadt Biddle Properties Reaches Analyst Target Price|
www.thestreet.com - September 12 at 11:31 AM
|Urstadt Biddle Properties (UBA) vs. Monmouth Real Estate Investment Corporation (MNR) Financial Contrast|
www.americanbankingnews.com - September 11 at 4:22 AM
|Urstadt Biddle Properties Inc (UBA) Posts Earnings Results, Beats Estimates By $0.17 EPS|
www.americanbankingnews.com - September 8 at 7:20 PM
|Urstadt Biddle Properties Inc. Plans Quarterly Dividend of $0.27 (UBA)|
www.americanbankingnews.com - September 7 at 5:28 PM
|Urstadt Biddle Properties Inc. (UBA) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - September 5 at 12:58 PM
|Urstadt Biddle Properties Inc. (UBA) Expected to Announce Quarterly Sales of $29.30 Million|
www.americanbankingnews.com - September 4 at 10:36 AM
|Urstadt Biddle Properties, Inc. breached its 50 day moving average in a Bullish Manner : UBA-US : September 1, 2017|
finance.yahoo.com - September 1 at 10:21 AM
|Urstadt Biddle Properties Inc. (UBA) Set to Announce Quarterly Earnings on Wednesday|
www.americanbankingnews.com - August 30 at 1:38 AM
|Urstadt Biddle Properties, Inc. breached its 50 day moving average in a Bearish Manner : UBA-US : August 21, 2017|
finance.yahoo.com - August 22 at 7:27 AM
| Brokerages Anticipate Urstadt Biddle Properties Inc. (UBA) Will Post Earnings of $0.30 Per Share|
www.americanbankingnews.com - August 14 at 4:28 PM
|Urstadt Biddle Properties Inc. (UBA) Receives Consensus Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - August 11 at 12:58 PM
|Nigeria to seek out-of-court settlement over state funds|
finance.yahoo.com - August 9 at 8:42 AM
|Nigeria banks trying to stabilise 9mobile ahead of sale, FBN says|
finance.yahoo.com - August 4 at 9:31 AM
|Nigerian stocks hit new two-year highs, led by banking sector|
finance.yahoo.com - July 26 at 9:25 AM
|Urstadt Biddle Properties Inc. (UBA) Raised to B- at TheStreet|
www.americanbankingnews.com - July 19 at 9:18 PM
|Urstadt Biddle Properties's Series F Preferred Stock Yield Pushes Past 7%|
www.thestreet.com - July 13 at 10:55 AM
|Urstadt Biddle Properties Inc. Expected to Post Q3 2017 Earnings of $0.30 Per Share (UBA)|
www.americanbankingnews.com - July 13 at 10:00 AM
|Urstadt Biddle Properties Inc. (NYSE:UBA) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - July 11 at 10:49 AM
|Urstadt Biddle Properties Inc. (UBA) Receives New Coverage from Analysts at FBR & Co|
www.americanbankingnews.com - July 11 at 8:15 AM
Urstadt Biddle Properties (NYSE UBA) Chart for Friday, November, 24, 2017