Urstadt Biddle Properties (UBP) Earning Somewhat Favorable Press Coverage, Report Shows
Headlines about Urstadt Biddle Properties (NYSE:UBP) have trended somewhat positive recently, Alpha One Sentiment Analysis reports. The research group, a service of Accern, rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Alpha One 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 coverage optimism score of 0.13 on Alpha One’s scale. Alpha One also assigned media stories about the real estate investment trust an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the company’s share price in the next few days.
Urstadt Biddle Properties (NYSE UBP) traded down 5.35% during midday trading on Friday, reaching $17.86. 49,145 shares of the company traded hands. Urstadt Biddle Properties has a 12-month low of $15.76 and a 12-month high of $22.37. The company has a market cap of $673.36 million, a price-to-earnings ratio of 17.14 and a beta of 0.12. The company has a 50-day moving average price of $16.88 and a 200-day moving average price of $17.58.
The business also recently declared a quarterly dividend, which will be paid on Friday, July 14th. Stockholders of record on Friday, June 30th will be paid a $0.235 dividend. The ex-dividend date of this dividend is Wednesday, June 28th. This represents a $0.94 annualized dividend and a dividend yield of 5.26%. Urstadt Biddle Properties’s payout ratio is 88.68%.
UBP has been the subject of several recent research reports. TheStreet lowered shares of Urstadt Biddle Properties from a “b” rating to a “c+” rating in a research note on Monday, April 10th. ValuEngine lowered shares of Urstadt Biddle Properties from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd.
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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.
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