Urstadt Biddle Properties Inc. with ticker code (UBA) now have 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 20 and 19 suggesting an average Analsyt target price of $19.67. Now with the previous closing price of $17.22 and the analysts are correct then there would likely be a percentage uptick in value of 14.2%. Also worth taking note is the 50 day moving average now sits at $17.31 and the 200 day moving average is $17.76. The company has a market cap of $664m. Find out more information at: https://www.ubproperties.com
The potential market cap would be $758m based on the market consensus.
Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 77 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 212 consecutive quarters of uninterrupted dividends to its shareholders since its inception.
The company has a dividend yield of 5.83% with the ex dividend date set at 31-3-2023 (DMY).
Other points of data to note are a P/E ratio of 26.8, revenue per share of 3.77 and a 3.62% return on assets.
