Urstadt Biddle Properties
Market Cap
US$542.3m
Last Updated
2020/11/28 23:06 UTC
Data Sources
Company Financials +
Executive Summary
Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 81 properties containing approximately 5.3 million square feet of space. More Details
Snowflake Analysis
Mediocre balance sheet unattractive dividend payer.
Similar Companies
Share Price & News
How has Urstadt Biddle Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UBA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: UBA's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
12.7%
UBA
0.07%
US REITs
2.8%
US Market
1 Year Return
-41.2%
UBA
-8.6%
US REITs
20.9%
US Market
Return vs Industry: UBA underperformed the US REITs industry which returned -8.7% over the past year.
Return vs Market: UBA underperformed the US Market which returned 20.7% over the past year.
Shareholder returns
| UBA | Industry | Market | |
|---|---|---|---|
| 7 Day | 12.7% | 0.07% | 2.8% |
| 30 Day | 49.9% | 9.6% | 11.1% |
| 90 Day | 50.2% | 2.1% | 6.5% |
| 1 Year | -37.9%-41.2% | -4.8%-8.6% | 23.6%20.9% |
| 3 Year | -28.3%-38.8% | 17.8%3.8% | 47.3%37.6% |
| 5 Year | -8.2%-29.0% | 47.6%17.9% | 94.3%72.9% |
Long-Term Price Volatility Vs. Market
How volatile is Urstadt Biddle Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
How Much Of Urstadt Biddle Properties Inc. (NYSE:UBA) Do Insiders Own?1 month ago | Simply Wall St
Independent Director Bryan Colley Just Bought 157% More Shares In Urstadt Biddle Properties Inc. (NYSE:UBA)1 month ago | Simply Wall St
Is Urstadt Biddle Properties Inc.'s (NYSE:UBA) Recent Performancer Underpinned By Weak Financials?Valuation
Is Urstadt Biddle Properties undervalued compared to its fair value and its price relative to the market?
43.66x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: UBA ($14.33) is trading above our estimate of fair value ($11.66)
Significantly Below Fair Value: UBA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UBA is poor value based on its PE Ratio (43.7x) compared to the US REITs industry average (37.8x).
PE vs Market: UBA is poor value based on its PE Ratio (43.7x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: UBA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: UBA's PB Ratio (1.6x) is in line with the US REITs industry average.
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Future Growth
How is Urstadt Biddle Properties forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-0.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UBA's earnings are forecast to decline over the next 3 years (-0.8% per year).
Earnings vs Market: UBA's earnings are forecast to decline over the next 3 years (-0.8% per year).
High Growth Earnings: UBA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: Insufficient data to determine if UBA's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if UBA's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if UBA's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Urstadt Biddle Properties performed over the past 5 years?
-13.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UBA has high quality earnings.
Growing Profit Margin: UBA's current net profit margins (9.7%) are lower than last year (17.6%).
Past Earnings Growth Analysis
Earnings Trend: UBA's earnings have declined by 13.9% per year over the past 5 years.
Accelerating Growth: UBA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UBA had negative earnings growth (-47.3%) over the past year, making it difficult to compare to the REITs industry average (2%).
Return on Equity
High ROE: UBA's Return on Equity (5.2%) is considered low.
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Financial Health
How is Urstadt Biddle Properties's financial position?
Financial Position Analysis
Short Term Liabilities: UBA's short term assets ($88.4M) exceed its short term liabilities ($23.8M).
Long Term Liabilities: UBA's short term assets ($88.4M) do not cover its long term liabilities ($361.7M).
Debt to Equity History and Analysis
Debt Level: UBA's debt to equity ratio (55.4%) is considered high.
Reducing Debt: UBA's debt to equity ratio has reduced from 59.6% to 55.4% over the past 5 years.
Debt Coverage: UBA's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: UBA's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Dividend
What is Urstadt Biddle Properties's current dividend yield, its reliability and sustainability?
5.37%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UBA's dividend (5.37%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: UBA's dividend (5.37%) is in the top 25% of dividend payers in the US market (4.08%)
Stability and Growth of Payments
Stable Dividend: UBA's dividend payments have been volatile in the past 10 years.
Growing Dividend: UBA's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (114.3%), UBA's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
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Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average management tenure
CEO
Willing Biddle (59 yo)
7.33yrs
Tenure
US$2,086,734
Compensation
Mr. Willing L. Biddle, also known as Wing, has been the Chief Executive Officer at Urstadt Biddle Properties Inc. since July 1, 2013 and also has been its President since December 1996. Mr. Biddle serves a...
CEO Compensation Analysis
Compensation vs Market: Willing's total compensation ($USD2.09M) is about average for companies of similar size in the US market ($USD1.79M).
Compensation vs Earnings: Willing's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.33yrs | US$2.09m | 6.36% $ 34.5m | |
| Senior VP | 12.33yrs | US$575.68k | 0.19% $ 1.0m | |
| Senior VP | 6.83yrs | US$575.68k | 0.24% $ 1.3m | |
| Senior VP | 4.08yrs | US$462.53k | 0.091% $ 491.1k | |
| Investor Relations Contact | 3.83yrs | no data | no data | |
| Senior VP & Director of Leasing | 12.92yrs | no data | no data | |
| VP & Controller | 12.33yrs | no data | no data | |
| VP & Associate Real Estate Counsel | 6.83yrs | no data | no data | |
| VP and Director of Management & Construction | 5.83yrs | no data | no data | |
| Vice President of Acquisitions | 5.83yrs | no data | no data | |
| Vice President of Leasing | 3.92yrs | no data | no data | |
| VP & Director of Accounts Receivable | 3.17yrs | no data | no data |
6.3yrs
Average Tenure
51yo
Average Age
Experienced Management: UBA's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.33yrs | US$2.09m | 6.36% $ 34.5m | |
| Chairman of the Board | 1.83yrs | US$294.63k | 0.12% $ 641.5k | |
| Independent Director | 16.75yrs | US$82.18k | 0.12% $ 667.8k | |
| Independent Director | 12.17yrs | US$79.78k | 0.12% $ 646.1k | |
| Independent Director | 3.92yrs | US$68.18k | 0.012% $ 64.5k | |
| Independent Director | 9.17yrs | US$76.98k | 0.032% $ 170.8k | |
| Director | 7.67yrs | US$56.47k | 0.10% $ 549.8k | |
| Independent Director | 5.83yrs | US$68.18k | 0.035% $ 188.2k | |
| Independent Director | 1.17yrs | no data | 0.0064% $ 34.5k |
7.7yrs
Average Tenure
60yo
Average Age
Experienced Board: UBA's board of directors are considered experienced (7.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: UBA insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Urstadt Biddle Properties Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Urstadt Biddle Properties Inc.
- Ticker: UBA
- Exchange: NYSE
- Founded: 1969
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: US$542.300m
- Shares outstanding: 38.65m
- Website: https://www.ubproperties.com
Number of Employees
Location
- Urstadt Biddle Properties Inc.
- 321 Railroad Avenue
- Greenwich
- Connecticut
- 6830
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| UBP | NYSE (New York Stock Exchange) | Common Stock | US | USD | May 1970 | |
| WVI | DB (Deutsche Boerse AG) | Common Stock | DE | EUR | May 1970 | |
| UBA | NYSE (New York Stock Exchange) | Yes | Class A Shares | US | USD | Aug 1998 |
| WXB | DB (Deutsche Boerse AG) | Yes | Class A Shares | DE | EUR | Aug 1998 |
| UBP.PRH | NYSE (New York Stock Exchange) | 6.25% CUM PFD H | US | USD | Sep 2017 | |
| UBP.PRK | NYSE (New York Stock Exchange) | 5.875% SR K PFD | US | USD | Sep 2019 |
Biography
Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 81 properties containing approximately 5.3 million square feet of space. List...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/28 23:06 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/07/31 |
| Annual Earnings | 2019/10/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.