Urstadt Biddle Properties (NYSE:UBA) will be posting its quarterly earnings results after the market closes on Wednesday, December 13th. Analysts expect Urstadt Biddle Properties to post earnings of $0.15 per share for the quarter.

Urstadt Biddle Properties (NYSE:UBA) last released its earnings results on Friday, September 8th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.17. Urstadt Biddle Properties had a net margin of 44.45% and a return on equity of 13.62%. The firm had revenue of $31.87 million during the quarter, compared to analyst estimates of $29.30 million. On average, analysts expect Urstadt Biddle Properties to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Urstadt Biddle Properties (UBA) opened at $23.02 on Wednesday. Urstadt Biddle Properties has a 1-year low of $18.32 and a 1-year high of $25.43. The stock has a market cap of $859.97, a P/E ratio of 17.89, a PEG ratio of 2.26 and a beta of 0.53. The company has a current ratio of 7.58, a quick ratio of 7.58 and a debt-to-equity ratio of 0.71.

In related news, VP John T. Hayes sold 4,900 shares of the business’s stock in a transaction that occurred on Thursday, October 5th. The shares were sold at an average price of $22.20, for a total value of $108,780.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Stephan A. Rapaglia sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $21.70, for a total transaction of $32,550.00. The disclosure for this sale can be found here. 20.06% of the stock is owned by insiders.

Several equities analysts have recently issued reports on the stock. BidaskClub upgraded shares of Urstadt Biddle Properties from a “hold” rating to a “buy” rating in a report on Friday, August 11th. FBR & Co reiterated a “hold” rating and set a $20.00 target price on shares of Urstadt Biddle Properties in a report on Thursday, September 21st. Zacks Investment Research upgraded shares of Urstadt Biddle Properties from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a report on Wednesday, September 27th. Deutsche Bank reiterated a “hold” rating and set a $23.00 target price (up from $22.00) on shares of Urstadt Biddle Properties in a report on Wednesday, September 20th. Finally, B. Riley reiterated a “neutral” rating on shares of Urstadt Biddle Properties in a report on Wednesday, November 1st. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $22.33.

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Urstadt Biddle Properties Company Profile

Urstadt Biddle Properties Inc is a real estate investment trust, which is engaged in the acquisition, ownership and management of commercial real estate. The Company owns Ridgeway Shopping Center (Ridgeway) property, which is located in Stamford, Connecticut. Its segments include Ridgeway and All Other Operating Segments.

Earnings History for Urstadt Biddle Properties (NYSE:UBA)

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