News headlines about Urstadt Biddle Properties (NYSE:UBA) have been trending somewhat negative recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Urstadt Biddle Properties earned a news sentiment score of 0.00 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 47.0832504169044 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Urstadt Biddle Properties (NYSE UBA) opened at $19.97 on Wednesday. The company has a current ratio of 7.58, a quick ratio of 7.58 and a debt-to-equity ratio of 0.76. Urstadt Biddle Properties has a 1 year low of $18.32 and a 1 year high of $23.94. The stock has a market cap of $745.26, a price-to-earnings ratio of 22.69, a price-to-earnings-growth ratio of 1.96 and a beta of 0.54.
Urstadt Biddle Properties (NYSE:UBA) last posted its quarterly earnings results on Friday, December 15th. The real estate investment trust reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.29). Urstadt Biddle Properties had a return on equity of 13.19% and a net margin of 42.95%. equities analysts anticipate that Urstadt Biddle Properties will post 1.29 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, January 19th. Shareholders of record on Friday, January 5th will be given a dividend of $0.27 per share. This is a positive change from Urstadt Biddle Properties’s previous quarterly dividend of $0.27. This represents a $1.08 annualized dividend and a yield of 5.41%. The ex-dividend date is Thursday, January 4th. Urstadt Biddle Properties’s dividend payout ratio is 122.73%.
Several research analysts recently commented on the stock. FBR & Co restated a “hold” rating and set a $20.00 target price on shares of Urstadt Biddle Properties in a report on Thursday, September 21st. B. Riley restated a “neutral” rating on shares of Urstadt Biddle Properties in a report on Wednesday, November 1st. Zacks Investment Research cut shares of Urstadt Biddle Properties from a “buy” rating to a “hold” rating in a report on Wednesday, December 6th. Finally, Deutsche Bank restated a “hold” rating and set a $23.00 target price (up previously from $22.00) on shares of Urstadt Biddle Properties in a report on Wednesday, September 20th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $22.33.
In other news, Director Catherine U. Biddle purchased 109,542 shares of the company’s stock in a transaction on Friday, December 22nd. The shares were purchased at an average cost of $16.00 per share, with a total value of $1,752,672.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 20.06% of the company’s stock.
Urstadt Biddle Properties Company Profile
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.
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