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

0 Wall Street research analysts have issued 1 year target prices for Urban Edge Properties' stock. Their UE share price forecasts range from $17.00 to $17.00. On average, they expect the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price.
View analysts price targets for UE or view top-rated stocks among Wall Street analysts.

Urban Edge Properties' stock was trading at $14.09 at the beginning of 2023. Since then, UE stock has increased by 8.4% and is now trading at $15.28.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 31st 2023.
View our UE earnings forecast.

Urban Edge Properties will be holding an earnings conference call on Tuesday, October 31st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13740635".

Urban Edge Properties (NYSE:UE) announced its quarterly earnings results on Wednesday, August, 2nd. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by $0.19. The real estate investment trust had revenue of $98.77 million for the quarter. Urban Edge Properties had a trailing twelve-month return on equity of 1.60% and a net margin of 4.07%.

Urban Edge Properties declared a quarterly dividend on Thursday, August 3rd. Investors of record on Friday, September 15th will be given a dividend of $0.16 per share on Friday, September 29th. This represents a $0.64 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date is Thursday, September 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), 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 (NYSE:UE) pays an annual dividend of $0.64 per share and currently has a dividend yield of 4.04%. 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 426.67%. 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.

Urban Edge Properties updated its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $1.16-$1.19 for the period, compared to the consensus estimate of $1.16. 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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (18.07%), State Street Corp (6.14%), Westwood Holdings Group Inc. (4.19%), Centersquare Investment Management LLC (2.25%), Geode Capital Management LLC (2.16%) and Heitman Real Estate Securities LLC (1.70%). Insiders that own company stock include Herbert Eilberg, Robert C Milton III and Robert C Milton III.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of UE stock can currently be purchased for approximately $15.28.

Urban Edge Properties (NYSE:UE) has a market capitalization of $1.80 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 $0.15 on an earnings per share basis.

The company employs 115 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.