Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 84 properties containing approximately 5.1 million square feet of space. Listed on the New York Stock Exchange since 1970, it provides investors with a means of participating in ownership of income-producing properties. It has paid 194 consecutive quarters of uninterrupted dividends to its shareholders since its inception and has raised total dividends to its shareholders for the last 24 consecutive years.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:UBA
CUSIP91728620
Phone203-863-8200
Debt
Debt-to-Equity Ratio0.82
Current Ratio8.30
Quick Ratio8.30
Price-To-Earnings
Trailing P/E Ratio17.91
Forward P/E Ratio14.01
P/E Growth1.78
Sales & Book Value
Annual Sales$123.56 million
Price / Sales6.61
Cash Flow$1.9846 per share
Price / Cash10.38
Book Value$10.08 per share
Price / Book2.04
Profitability
EPS (Most Recent Fiscal Year)$1.15
Net Income$52.93 million
Net Margins28.07%
Return on Equity9.57%
Return on Assets3.76%
Miscellaneous
Employees51
Outstanding Shares39,630,000
Market Cap$829.52 million
Urstadt Biddle Properties (NYSE:UBA) Frequently Asked Questions
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 6th. Shareholders of record on Friday, October 5th will be paid a dividend of $0.27 per share on Friday, October 19th. This represents a $1.08 dividend on an annualized basis and a yield of 5.24%. The ex-dividend date is Thursday, October 4th. 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 approved a share repurchase plan on Saturday, June 10th 2017, which authorizes the company to repurchase 2,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its shares are undervalued.
How were Urstadt Biddle Properties' earnings last quarter?
Urstadt Biddle Properties Inc (NYSE:UBA) posted its quarterly earnings data on Friday, September, 8th. The real estate investment trust reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.17. The real estate investment trust earned $31.87 million during the quarter, compared to analysts' expectations of $29.30 million. Urstadt Biddle Properties had a return on equity of 9.57% and a net margin of 28.07%. View Urstadt Biddle Properties' Earnings History.
When is Urstadt Biddle Properties' next earnings date?
What price target have analysts set for UBA?
2 brokerages have issued 1 year price targets for Urstadt Biddle Properties' shares. Their forecasts range from $20.00 to $23.00. On average, they anticipate Urstadt Biddle Properties' stock price to reach $21.50 in the next year. This suggests a possible upside of 4.4% from the stock's current price. View Analyst Price Targets for Urstadt Biddle Properties.
What is the consensus analysts' recommendation for Urstadt Biddle Properties?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Urstadt Biddle Properties in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Urstadt Biddle Properties.
Who are some of Urstadt Biddle Properties' key competitors?
Some companies that are related to Urstadt Biddle Properties include Colony NorthStar (CLNS), National Health Investors (NHI), Corporate Office Properties Trust (OFC), Physicians Realty Trust (DOC), The GEO Group (GEO), Colony Capital (CLNY), MFA Finl Inc/SH (MFA), Corecivic (CXW), Rexford Industrial Realty (REXR), Colony Credit Real Estate (CLNC), Stag Industrial (STAG), Brandywine Realty Trust (BDN), Potlatchdeltic (PCH), Keppel REIT (KREVF) and Empire State Realty Trust (ESRT).
Who are Urstadt Biddle Properties' key executives?
Urstadt Biddle Properties' management team includes the folowing people:
- Mr. Willing L. Biddle, Pres, CEO & Director (Age 57)
- Mr. John T. Hayes, Sr. VP, CFO, Treasurer & Principal Accounting Officer (Age 51)
- Mr. Stephan A. Rapaglia, Sr. VP, COO, Real Estate Counsel & Assistant Sec. (Age 47)
- Ms. Laura Santangelo, Investor Relations Contact
- Ms. Miyun Sung, Sr. VP, Chief Legal Officer & Sec.
Who are Urstadt Biddle Properties' major shareholders?
Urstadt Biddle Properties' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.95%), Renaissance Technologies LLC (2.13%), Northern Trust Corp (1.45%), Dimensional Fund Advisors LP (1.13%), Schwab Charles Investment Management Inc. (0.40%) and Legal & General Group Plc (0.39%). Company insiders that own Urstadt Biddle Properties stock include Catherine U Biddle, John T Hayes, Stephan A Rapaglia and Willing L Biddle. View Institutional Ownership Trends for Urstadt Biddle Properties.
Which institutional investors are selling Urstadt Biddle Properties stock?
UBA stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Grace & White Inc. NY, Schwab Charles Investment Management Inc., Douglass Winthrop Advisors LLC, First Quadrant L P CA, Pinebridge Investments L.P., Municipal Employees Retirement System of Michigan and Victory Capital Management Inc.. 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.
Which institutional investors are buying Urstadt Biddle Properties stock?
UBA stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Dupont Capital Management Corp, TD Asset Management Inc., Citadel Advisors LLC, Tower Research Capital LLC TRC, Albert D Mason Inc. and Capital One National Association. Company insiders that have bought Urstadt Biddle Properties stock in the last two years include Catherine U Biddle and Willing L Biddle. View Insider Buying and Selling for Urstadt Biddle Properties.
How do I buy shares of Urstadt Biddle Properties?
Shares of UBA 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 UBA stock can currently be purchased for approximately $20.60.
How big of a company is Urstadt Biddle Properties?
Urstadt Biddle Properties has a market capitalization of $829.52 million and generates $123.56 million in revenue each year. The real estate investment trust earns $52.93 million in net income (profit) each year or $1.15 on an earnings per share basis. Urstadt Biddle Properties employs 51 workers across the globe.
What is Urstadt Biddle Properties' official website?
How can I contact Urstadt Biddle Properties?
Urstadt Biddle Properties' mailing address is 321 RAILROAD AVENUE, GREENWICH CT, 06830. The real estate investment trust can be reached via phone at 203-863-8200 or via email at [email protected]
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 UBA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UBA will underperform the S&P 500 over the long term. You may vote once every thirty days.
