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.
Adequate balance sheet average dividend payer.
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: UBP.PRH's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: UBP.PRH underperformed the US REITs industry which returned -14% over the past year.
Return vs Market: UBP.PRH underperformed the US Market which returned 4.6% over the past year.
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
No news available
Is Urstadt Biddle Properties undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UBP.PRH ($20.66) is trading below our estimate of fair value ($36.16)
Significantly Below Fair Value: UBP.PRH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UBP.PRH is good value based on its PE Ratio (23.6x) compared to the REITs industry average (26.1x).
PE vs Market: UBP.PRH is poor value based on its PE Ratio (23.6x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: UBP.PRH is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: UBP.PRH is overvalued based on its PB Ratio (1.5x) compared to the US REITs industry average (1.3x).
How is Urstadt Biddle Properties forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UBP.PRH's forecast earnings growth (16.2% per year) is above the savings rate (2.2%).
Earnings vs Market: UBP.PRH's earnings (16.2% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: UBP.PRH's earnings are forecast to grow, but not significantly.
Revenue vs Market: UBP.PRH's revenue (1.8% per year) is forecast to grow slower than the US market (8.9% per year).
High Growth Revenue: UBP.PRH's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if UBP.PRH's Return on Equity is forecast to be high in 3 years time
How has Urstadt Biddle Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UBP.PRH has high quality earnings.
Growing Profit Margin: UBP.PRH's current net profit margins (15.4%) are lower than last year (19.4%).
Past Earnings Growth Analysis
Earnings Trend: UBP.PRH's earnings have declined by -10.8% per year over the past 5 years.
Accelerating Growth: UBP.PRH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UBP.PRH had negative earnings growth (-18.4%) over the past year, making it difficult to compare to the REITs industry average (5.3%).
Return on Equity
High ROE: UBP.PRH's Return on Equity (6.3%) is considered low.
How is Urstadt Biddle Properties's financial position?
Financial Position Analysis
Short Term Liabilities: UBP.PRH's short term assets ($58.2M) exceed its short term liabilities ($14.0M).
Long Term Liabilities: UBP.PRH's short term assets ($58.2M) do not cover its long term liabilities ($329.2M).
Debt to Equity History and Analysis
Debt Level: UBP.PRH's debt to equity ratio (48%) is considered high.
Reducing Debt: UBP.PRH's debt to equity ratio has reduced from 55.9% to 48% over the past 5 years.
Debt Coverage: UBP.PRH's debt is well covered by operating cash flow (23.8%).
Interest Coverage: UBP.PRH's interest payments on its debt are well covered by EBIT (4.1x coverage).
What is Urstadt Biddle Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UBP.PRH's dividend (8.5%) is higher than the bottom 25% of dividend payers in the US market (1.75%).
High Dividend: UBP.PRH's dividend (8.5%) is in the top 25% of dividend payers in the US market (4.71%)
Stability and Growth of Payments
Stable Dividend: UBP.PRH's dividends per share have been stable in the past 10 years.
Growing Dividend: UBP.PRH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (110.2%), UBP.PRH's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Willing Biddle (58yo)
Mr. Willing L. Biddle, also known as Wing, has been the Chief Executive Officer at Urstadt Biddle Properties Inc. since July 1, 2013 and also has been its President since December 1996. Mr. Biddle serves a ...
CEO Compensation Analysis
Compensation vs Market: Willing's total compensation ($USD2.09M) is about average for companies of similar size in the US market ($USD2.27M).
Compensation vs Earnings: Willing's compensation has been consistent with company performance over the past year.
|Senior VP||11.83yrs||US$575.68k||0.19% $933.6k|
|Senior VP||6.33yrs||US$575.68k||0.24% $1.2m|
|Senior VP||3.58yrs||US$462.53k||0.091% $442.7k|
|Investor Relations Contact||3.33yrs||no data||no data|
|Senior VP & Director of Acquisitions||12.33yrs||no data||no data|
|Senior VP & Director of Leasing||12.42yrs||no data||no data|
|VP & Controller||11.83yrs||no data||no data|
|VP & Real Estate Counsel||6.33yrs||no data||no data|
|VP and Director of Management & Construction||5.33yrs||no data||no data|
Experienced Management: UBP.PRH's management team is seasoned and experienced (6.6 years average tenure).
|Chairman of the Board||1.33yrs||US$294.63k||0.12% $578.4k|
|Independent Director||16.25yrs||US$82.18k||0.12% $602.1k|
|Independent Director||11.67yrs||US$79.78k||0.10% $506.6k|
|Independent Director||3.42yrs||US$68.18k||0.012% $58.2k|
|Independent Director||8.67yrs||US$76.98k||0.032% $154.0k|
|Independent Director||5.33yrs||US$68.18k||0.013% $63.2k|
|Independent Director||0.67yr||no data||0.0064% $31.2k|
Experienced Board: UBP.PRH's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Urstadt Biddle Properties Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Urstadt Biddle Properties Inc.
- Ticker: UBP.PRH
- Exchange: NYSE
- Founded: 1969
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: US$486.529m
- Shares outstanding: 38.46m
- Website: https://www.ubproperties.com
Number of Employees
- Urstadt Biddle Properties Inc.
- 321 Railroad Avenue
- United States
|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|
|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|
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. Listed on the New York Stock Exchange since 1970, it provides investors with a means of participating in ownership of income-producing properties. It has paid 200 consecutive quarters of uninterrupted dividends to its shareholders since its inception and has raised total dividends to its shareholders for the last 26 consecutive years.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/27 13:47|
|End of Day Share Price||2020/05/26 00:00|
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.