CSIMarket
 
Urstadt Biddle Properties Inc  (UBP)
Other Ticker:  
 
 
Price: $21.2100 $-0.30 -1.395%
Day's High: $21.62 Week Perf: -5.35 %
Day's Low: $ 21.15 30 Day Perf: -4.67 %
Volume (M): 23 52 Wk High: $ 23.08
Volume (M$): $ 486 52 Wk Avg: $18.97
Open: $21.37 52 Wk Low: $14.77



 Market Capitalization (Millions $) 919
 Shares Outstanding (Millions) 43
 Employees 41
 Revenues (TTM) (Millions $) 145
 Net Income (TTM) (Millions $) 43
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) 24

Urstadt Biddle Properties Inc
Urstadt Biddle Properties Inc. is a publicly traded real estate investment trust (REIT) that primarily develops and acquires retail properties in the Northeastern United States. The company was founded in 1969 by Charles J. Urstadt and Willing L. Biddle and is based in Greenwich, Connecticut.

The company's portfolio currently consists of 84 properties, spanning over 5 million square feet of retail space. These properties are primarily located in affluent suburbs and urban centers in Connecticut, New York, New Jersey, Pennsylvania, Virginia, and Maryland. The properties are typically anchored by national retailers such as Target, Walmart, Whole Foods, and Home Depot.

Urstadt Biddle Properties' strategy is to acquire well-located properties that offer sustainable cash flows with long-term value. The company focuses on properties that are situated near established residential neighborhoods with strong demographic profiles, as well as near major transportation hubs such as airports, highways, and public transportation.

The company's management team is headed by William H. Lawrence, who serves as CEO and Chairman of the Board. Other key executives include Stephan A. Rapaglia, President and COO, John T. Hayes, CFO, and James W. Tully, Senior Vice President of Acquisitions.

Urstadt Biddle Properties is committed to the sustainable development and management of its real estate portfolio. The company has implemented energy-saving measures in its properties, including the installation of LED lighting and high-efficiency HVAC systems. Additionally, the company is actively pursuing the development of greenfield sites for new retail properties that are designed with sustainable building practices in mind.

In addition to its real estate holdings, Urstadt Biddle Properties is involved in various charitable and community initiatives. The company has supported numerous organizations, including the Boys and Girls Clubs, the American Red Cross, and local civic organizations in the communities where the company has properties.

Overall, Urstadt Biddle Properties Inc. is a well-established REIT that has a solid track record of acquiring and developing retail properties in high-growth markets. The company's focus on sustainability and community involvement further enhances its reputation as a responsible property owner and developer.


   Company Address: 321 Railroad Avenue, Greenwich 6830 CT
   Company Phone Number: 863-8200   Stock Exchange / Ticker: NYSE UBP
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Urstadt Biddle Properties Inc

Urstadt Biddle Properties Inc Reports Dismal Q2 2023 Results; Significant Earnings Contraction and Revenue Decrease

Urstadt Biddle Properties Inc, a real estate investment trust (REIT) that owns and operates shopping centers, announced a significant contraction in its earnings and revenue for the second quarter of 2023. The company?s earnings per share fell by -29.41% to $0.12, while its revenue decreased by -2.581% to $35.07 million as compared to the same period last year.
These figures indicate that Urstadt Biddle Properties has faced headwinds due to the ongoing COVID-19 pandemic, which has significantly impacted the retail sector. The company?s bottom line also saw a significant decline, with net income of $9.449 million, down -17.29% from $11.424 million in the corresponding period a year before.






 

Urstadt Biddle Properties Inc's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com