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

Urstadt Biddle Properties' stock was trading at $18.21 at the beginning of 2023. Since then, UBP shares have increased by 5.6% and is now trading at $19.23.
View the best growth stocks for 2023 here.

Urstadt Biddle Properties saw a decline in short interest in May. As of May 15th, there was short interest totaling 6,800 shares, a decline of 19.0% from the April 30th total of 8,400 shares. Based on an average trading volume of 5,700 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.3% of the company's shares are sold short.
View Urstadt Biddle Properties' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 14th 2023.
View our UBP earnings forecast.

Urstadt Biddle Properties Inc. (NYSE:UBP) announced its quarterly earnings results on Thursday, December, 16th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by $0.05. Urstadt Biddle Properties had a trailing twelve-month return on equity of 11.70% and a net margin of 28.19%.

Urstadt Biddle Properties announced a quarterly dividend on Wednesday, March 22nd. Investors of record on Monday, April 3rd will be paid a dividend of $0.225 per share on Friday, April 14th. This represents a $0.90 dividend on an annualized basis and a yield of 4.68%. The ex-dividend date is Friday, March 31st.
Read our dividend analysis for UBP.

ETFs with the largest weight of Urstadt Biddle Properties (NYSE:UBP) stock in their portfolio include Vanguard Real Estate ETF (VNQ).Dimensional US Real Estate ETF (DFAR).

Urstadt Biddle Properties (NYSE:UBP) pays an annual dividend of $0.90 per share and currently has a dividend yield of 4.70%. UBP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 126.76%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for UBP.

Based on aggregate information from My MarketBeat watchlists, some companies that other Urstadt Biddle Properties investors own include Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), American River Bankshares (AMRB), Invesco Senior Loan ETF (BKLN), Citigroup (C), Chase (CCF), CVR Refining (CVRR) and Eagle Bancorp Montana (EBMT).

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

Urstadt Biddle Properties' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Grace & White Inc. NY (0.12%) and First Manhattan CO. LLC. (0.01%).
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Shares of UBP 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 UBP stock can currently be purchased for approximately $19.23.

Urstadt Biddle Properties (NYSE:UBP) has a market capitalization of $756.32 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 C/O HRE PROPERTIES INC, GREENWICH CT, . 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 ablude@ubproperties.com, or via fax at 203-861-6755.