News headlines about Urstadt Biddle Properties (NYSE:UBA) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Urstadt Biddle Properties earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 45.578289538609 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Urstadt Biddle Properties opened at $20.86 on Tuesday, Marketbeat reports. The company has a market capitalization of $788.42 million, a price-to-earnings ratio of 18.14, a PEG ratio of 1.89 and a beta of 0.37. The company has a debt-to-equity ratio of 0.76, a quick ratio of 4.49 and a current ratio of 4.49. Urstadt Biddle Properties has a 52-week low of $17.20 and a 52-week high of $23.94.
Urstadt Biddle Properties (NYSE:UBA) last announced its quarterly earnings results on Friday, March 9th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.20). The firm had revenue of $33.00 million during the quarter, compared to the consensus estimate of $32.40 million. Urstadt Biddle Properties had a return on equity of 13.40% and a net margin of 42.41%. equities research analysts anticipate that Urstadt Biddle Properties will post 1.35 earnings per share for the current year.
Several equities research analysts recently commented on UBA shares. Zacks Investment Research lowered Urstadt Biddle Properties from a “buy” rating to a “hold” rating in a research report on Saturday, March 31st. TheStreet lowered Urstadt Biddle Properties from a “b-” rating to a “c+” rating in a report on Friday, February 9th. Finally, B. Riley set a $20.00 price target on Urstadt Biddle Properties and gave the stock a “hold” rating in a report on Tuesday, March 13th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $21.25.
Urstadt Biddle Properties Company Profile
Urstadt Biddle Properties Inc is a self-administered equity real estate investment trust which owns or has equity interests in 82 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.
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