Urstadt Biddle Properties Inc. is a real estate investment trust. It engages in the ownership, operation, and redevelopment of retail shopping centers. The firm was formally known as HRE Properties Inc. The company was founded in 1969 and is based in Greenwich, Connecticut.
UBA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for UBA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Urstadt Biddle Properties Inc ranked in the 28th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for UBA, they are:
Interest coverage, a measure of earnings relative to interest payments, is 2.64 -- which is good for besting 64.55% of its peer stocks (US stocks in the Real Estate sector with positive cash flow).
Its compound free cash flow growth rate, as measured over the past 4.85 years, is -0.09% -- higher than only 14.69% of stocks in our DCF forecasting set.
Urstadt Biddle Properties Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
OHI, PGRE, PSA, SITC, and KW can be thought of as valuation peers to UBA, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.
On December 16, 2020, Urstadt Biddle Properties (NYSE:UBA) declared a dividend payable on January 15, 2021 to its shareholders. Urstadt Biddle Properties also announced that shareholders on the company's books on or before January 5, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Urstadt Biddle Properties, whose current dividend payout is $0.14, has an ex-dividend date set at January 4, 2021. The payout equates to a dividend yield of 3.73% at current price levels.The Significance Of An Ex-Dividend Date Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its reco...