Understanding Urstadt Biddle Properties as an Investment Opportunity

Author

Reads 4.9K

Modern glass office building with unique design reflecting blue sky.
Credit: pexels.com, Modern glass office building with unique design reflecting blue sky.

Urstadt Biddle Properties has been a reliable investment opportunity for many years, with a proven track record of success. Founded in 1969, the company has been a leader in the real estate investment trust (REIT) industry.

The company's focus on high-quality, income-generating properties has allowed it to consistently deliver strong returns to its investors. With a portfolio of over 80 properties, Urstadt Biddle Properties has established itself as a trusted name in the industry.

Urstadt Biddle Properties has a strong presence in the retail sector, with a focus on grocery-anchored shopping centers and other retail properties. This focus has allowed the company to capitalize on the growing demand for retail space.

Financial Information

Urstadt Biddle Properties is a real estate investment trust (REIT) that owns and operates a portfolio of commercial properties in the northeastern United States.

Their portfolio includes over 65 properties, totaling more than 6 million square feet of rentable space.

Urstadt Biddle Properties has a market capitalization of around $2.5 billion.

They have a history of paying consistent dividends to their shareholders, with a dividend yield of around 4.5% in 2022.

Urstadt Biddle Properties focuses on acquiring and managing properties in densely populated urban areas.

Investor Insights

Credit: youtube.com, Urstadt Biddle Remains Focused on Metropolitan New York Grocery-Anchored Centers

Urstadt Biddle Properties (UBP) has a stable dividend safety profile, with a 13% FY1 EPS growth rate.

The company's forward dividend yield of 3.54% puts it in the top 50% of its peers.

One thing that stands out about UBP is its low controversy, with a 0.0% short interest rate.

This suggests that investors are generally confident in the company's prospects, and that's a positive sign for long-term investors.

Analysts' Recommendations

Analysts' Recommendations are a crucial factor to consider when investing in a company. Piper Sandler has adjusted their price target on Urstadt Biddle Properties Inc. multiple times, most recently to $21 from $20, while maintaining a Neutral rating.

Piper Sandler has also downgraded Urstadt Biddle Properties to Neutral from Overweight, with a price target of $20. This change in recommendation may be a red flag for investors.

On the other hand, B. Riley has lifted the price target to $20 from $19, citing "solid" leasing volume and positive trends. They maintain a Buy rating, which is a positive sign for the company.

Here is a summary of the analysts' recommendations:

UBP Payout History

Credit: youtube.com, A Brief and Interesting History of Stock Based Compensation

UBP Payout History can be a valuable resource for investors looking to make informed decisions about their investments. The payout history of UBP shows a consistent pattern of quarterly payouts.

The payout frequency is regular, with payouts occurring every quarter. This consistency can be beneficial for investors who rely on dividend income to support their investment strategy.

The payout amount varies from quarter to quarter, but it's essential to note that the payout amount is always denoted in USD. For example, in 2025, the payout amount is listed as "-", indicating that the specific amount is not yet available.

Here's a breakdown of the payout dates for UBP:

The payout type is consistently listed as "Income, Non-Qualified", indicating that the payouts are not qualified dividends.

Press and Media

Urstadt Biddle Properties has been in the news lately, and we've got the scoop on what's been happening.

Urstadt Biddle Properties Inc. was recently dropped from the S&P Global BMI Index on August 23, 2022, and the S&P TMI Index on the same day.

Credit: youtube.com, URSTADT BIDDLE PROPERTIES INC. (NYSE: UBA & NYSE: UBP) RINGS THE CLOSING BELLĀ®

Regency Centers Corporation completed the acquisition of Urstadt Biddle Properties Inc. from a group of shareholders on August 17, 2022.

Piper Sandler has been following Urstadt Biddle Properties closely, adjusting their price target to $21 from $20 and maintaining a neutral rating on June 8, 2023.

Urstadt Biddle Properties reported a decline in fiscal Q2 funds from operations and revenue on June 8, 2023.

Here are some key earnings results for Urstadt Biddle Properties:

  • Q2 EPS: $0.14 (reported on June 7, 2023)
  • Q2 Revenue: $35.1M (reported on June 7, 2023)

Urstadt Biddle Properties Inc. also reported earnings results for the second quarter and six months ended April 30, 2023, on June 7, 2023.

Regency Centers had previously announced plans to buy Urstadt Biddle Properties in an all-stock deal valued at roughly $1.40 billion on May 18, 2023.

Company Structure

Urstadt Biddle Properties Inc is a real estate investment trust, primarily focused on owning and managing commercial real estate.

The company's business model revolves around the ownership of real estate investments, which consist mainly of income-producing properties.

These properties are mainly neighborhood and community shopping centers located in the metropolitan New York tri-state area outside of the City of New York.

The company's operating segment is its property, Ridgeway, located in Stamford, Connecticut, US.

Frequently Asked Questions

What happened to Urstadt Biddle Properties Inc?

Urstadt Biddle Properties Inc. merged with Regency Centers Corp on August 18, 2023. The company's status and operations may have changed as a result of this merger.

Who bought Urstadt Biddle properties?

Regency Centers Corporation acquired Urstadt Biddle Properties Inc. in a completed deal announced on August 18, 2023.

What is the stock price of Urstadt Biddle properties?

The current stock price of Urstadt Biddle Properties Inc is $21.14. For the latest market updates and more information, please visit our stock page.

Kellie Hessel

Junior Writer

Kellie Hessel is a rising star in the world of journalism, with a passion for uncovering the stories that shape our world. With a keen eye for detail and a knack for storytelling, Kellie has established herself as a go-to writer for industry insights and expert analysis. Kellie's areas of expertise include the insurance industry, where she has developed a deep understanding of the complex issues and trends that impact businesses and individuals alike.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.