Urban Edge Properties (UE) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Urban Edge Properties in the last year. There are currently 1 sell rating and 1 buy 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.
View UE analyst ratings or view top-rated stocks.

2 brokerages have issued 1-year price targets for Urban Edge Properties' stock. Their UE share price forecasts range from $15.00 to $22.00. On average, they expect the company's share price to reach $18.00 in the next year. This suggests a possible upside of 29.5% from the stock's current price.
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Urban Edge Properties' stock was trading at $14.09 on January 1st, 2023. Since then, UE shares have decreased by 1.3% and is now trading at $13.90.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our UE earnings forecast.

Urban Edge Properties (NYSE:UE) announced its earnings results on Tuesday, May, 9th. The real estate investment trust reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.29 by $0.45. The real estate investment trust earned $99.35 million during the quarter, compared to analyst estimates of $97.25 million. Urban Edge Properties had a net margin of 4.42% and a trailing twelve-month return on equity of 1.72%.

Urban Edge Properties announced a quarterly dividend on Monday, May 22nd. Shareholders of record on Thursday, June 15th will be paid a dividend of $0.16 per share on Friday, June 30th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.60%. The ex-dividend date is Wednesday, June 14th.
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), Invesco S&P SmallCap Financials ETF (PSCF), Fidelity Real Estate Investment ETF (FPRO), Xtrackers S&P SmallCap 600 ESG ETF (SMLE), SPDR S&P SmallCap 600 ESG ETF (ESIX), First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) and iShares ESG Screened S&P Small-Cap ETF (XJR).

Urban Edge Properties (NYSE:UE) pays an annual dividend of $0.64 per share and currently has a dividend yield of 4.80%. UE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 400.03%. 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 55.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UE.

Urban Edge Properties updated its FY 2023 earnings guidance on Wednesday, April, 19th. The company provided earnings per share (EPS) guidance of $1.16-$1.16 for the period, compared to the consensus estimate of $1.15. The company issued revenue guidance of -.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "UE."

Urban Edge Properties' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (18.02%), FMR LLC (10.55%), State Street Corp (6.14%), Lasalle Investment Management Securities LLC (2.73%), Sumitomo Mitsui Trust Holdings Inc. (2.36%) and Geode Capital Management LLC (2.10%). 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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One share of UE stock can currently be purchased for approximately $13.90.

Urban Edge Properties (NYSE:UE) has a market capitalization of $1.63 billion and generates $397.94 million in revenue each year. The real estate investment trust earns $46.17 million in net income (profit) each year or $0.16 on an earnings per share basis.

The company employs 116 workers across the globe.

Urban Edge Properties' mailing address is 888 SEVENTH AVENUE, NEW YORK NY, 10019. The official website for the company is www.uedge.com. The real estate investment trust can be reached via phone at (212) 956-2556.