NYSE:UE - Get Free Report ) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.270-1.320 for the period, compared to the consensus estimate of 1.280. The company issued revenue guidance of -.
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Urban Edge Properties Trading Down 1.4 % NYSE:UE traded down $0.24 during trading hours on Wednesday, hitting $17.05. 917,093 shares of the stock were exchanged, compared to its average volume of 901,564. The company's 50 day moving average is $16.75 and its two-hundred day moving average is $17.06. The company has a market capitalization of $2.02 billion, a P/E ratio of 8.16 and a beta of 1.49. Urban Edge Properties has a twelve month low of $13.13 and a twelve month high of $18.79. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 1.29.
Urban Edge Properties (NYSE:UE - Get Free Report ) last posted its earnings results on Wednesday, February 14th. The real estate investment trust reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $1.57. The company had revenue of $106.25 million during the quarter. Urban Edge Properties had a return on equity of 23.62% and a net margin of 59.60%. On average, sell-side analysts anticipate that Urban Edge Properties will post 1.27 earnings per share for the current fiscal year.
Urban Edge Properties Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date is Thursday, June 13th. Urban Edge Properties's dividend payout ratio is presently 32.08%.
Insider Buying and Selling In related news, General Counsel Robert C. Milton III sold 26,333 shares of the firm's stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $17.02, for a total value of $448,187.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link . 4.30% of the stock is currently owned by corporate insiders.
Urban Edge Properties Company Profile (
Get Free Report )
Urban Edge Properties is a NYSE listed real estate investment trust focused on owning, managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the Washington, DC to Boston corridor. Urban Edge owns 76 properties totaling 17.1 million square feet of gross leasable area.
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