Urban Edge Properties Stock Price, News & Analysis (NYSE:UE)

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Urban Edge Properties in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" UE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UE, but not buy additional shares or sell existing shares.
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1 equities research analysts have issued 1 year target prices for Urban Edge Properties' shares. Their UE share price targets range from $18.00 to $18.00. On average, they anticipate the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 7.9% from the stock's current price.
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Urban Edge Properties' stock was trading at $14.09 at the start of the year. Since then, UE stock has increased by 18.4% and is now trading at $16.68.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our UE earnings forecast.

Urban Edge Properties (NYSE:UE) announced its quarterly earnings data on Tuesday, October, 31st. The real estate investment trust reported $0.31 EPS for the quarter, topping the consensus estimate of $0.28 by $0.03. The real estate investment trust earned $101.73 million during the quarter. Urban Edge Properties had a net margin of 10.19% and a trailing twelve-month return on equity of 4.08%.

Urban Edge Properties declared a quarterly dividend on Thursday, November 2nd. Stockholders of record on Friday, December 15th will be paid a dividend of $0.16 per share on Friday, December 29th. This represents a $0.64 annualized dividend and a yield of 3.84%. The ex-dividend date is Thursday, December 14th.
Read our dividend analysis for UE.

Urban Edge Properties (NYSE:UE) pays an annual dividend of $0.64 per share and currently has a dividend yield of 3.80%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 177.78%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, UE will have a dividend payout ratio of 52.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UE.

ETFs with the largest weight of Urban Edge Properties (NYSE:UE) stock in their portfolio include Invesco Active U.S. Real Estate ETF (PSR), Fidelity Real Estate Investment ETF (FPRO) and Invesco S&P SmallCap Financials ETF (PSCF).SPDR S&P 600 Small Cap ETF (SLY).

Urban Edge Properties updated its FY23 earnings guidance on Tuesday, October, 31st. The company provided earnings per share (EPS) guidance of $1.22-1.25 for the period, compared to the consensus EPS estimate of $1.18.

Based on aggregate information from My MarketBeat watchlists, some companies that other Urban Edge Properties investors own include Vornado Realty Trust (VNO), Ventas (VTR), Physicians Realty Trust (DOC), Kimco Realty (KIM), Realty Income (O), STORE Capital (STOR), Verizon Communications (VZ), AbbVie (ABBV), Blackstone (BX) and City Office REIT (CIO).

Urban Edge Properties' stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (11.30%), Resolution Capital Ltd (3.90%), Bank of New York Mellon Corp (1.82%), Charles Schwab Investment Management Inc. (1.78%), Morgan Stanley (1.46%) and Legal & General Group Plc (0.88%). Insiders that own company stock include Herbert Eilberg, Robert C Milton III and Robert C Milton III.
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Shares of UE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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