What is ROE for Urstadt Biddle Properties Inc in the second quarter 2023?
Urstadt Biddle Properties Inc achieved a return on average equity (ROE) of
7.49 % in its second quarter 2023, which is below Urstadt Biddle Properties Inc's average return on equity, which stands at 8.2%.
ROE decreased relative to the period ending , due to the decline in net income.
Within the
Real Estate Investment Trusts industry 61 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the first quarter 2023 from
1481 to
1759.
What is ROE?