NYSE:UEUrban Edge Properties Stock Price, Forecast & News

Urban Edge Properties' stock was trading at $14.95 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, UE shares have decreased by 21.7% and is now trading at $11.71. View which stocks have been most impacted by Coronavirus.

4 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Urban Edge Properties.

Urban Edge Properties is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Urban Edge Properties.

Urban Edge Properties (NYSE:UE) announced its quarterly earnings results on Wednesday, April, 29th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.05 by $0.35. The real estate investment trust earned $93.36 million during the quarter, compared to the consensus estimate of $96.60 million. Urban Edge Properties had a return on equity of 13.10% and a net margin of 34.69%. View Urban Edge Properties' earnings history.

Urban Edge Properties announced a quarterly dividend on Friday, February 21st. Investors of record on Monday, March 16th will be paid a dividend of $0.22 per share on Tuesday, March 31st. This represents a $0.88 annualized dividend and a yield of 7.51%. The ex-dividend date of this dividend is Friday, March 13th. View Urban Edge Properties' dividend history.

4 Wall Street analysts have issued 1 year price targets for Urban Edge Properties' shares. Their forecasts range from $12.00 to $21.00. On average, they anticipate Urban Edge Properties' stock price to reach $17.75 in the next year. This suggests a possible upside of 51.6% from the stock's current price. View analysts' price targets for Urban Edge Properties.

News stories about UE stock have been trending somewhat negative on Thursday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Urban Edge Properties earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutUrban Edge Properties.

Urban Edge Properties saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,150,000 shares, an increase of 7.5% from the April 30th total of 2,930,000 shares. Based on an average daily volume of 1,590,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 2.8% of the company's shares are short sold. View Urban Edge Properties' Current Options Chain.

Some companies that are related to Urban Edge Properties include Hudson Pacific Properties (HPP), FirstService (FSV), Terreno Realty (TRNO), Cushman & Wakefield (CWK), Colliers International Group (CIGI), Kennedy-Wilson (KW), Shanghai Industrial (SGHIY), Innovative Industrial Properties (IIPR), Office Properties Income Trust (OPI), Gazit Globe (GZTGF), Getty Realty (GTY), Five Point (FPH), Forestar Group (FOR), Armada Hoffler Properties (AHH) and HomeFed (HOFD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Urban Edge Properties investors own include salesforce.com (CRM), Innovative Industrial Properties (IIPR), Crestwood Equity Partners (CEQP), Micron Technology (MU), United Continental (UAL), Norwegian Cruise Line (NCLH), Simon Property Group (SPG), Uber Technologies (UBER), Viper Energy Partners (VNOM) and Weingarten Realty Investors (WRI).

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.36%), State Street Corp (5.43%), Massachusetts Financial Services Co. MA (5.18%), Resolution Capital Ltd (4.02%), Bank of New York Mellon Corp (2.81%) and Invesco Ltd. (2.05%). Company insiders that own Urban Edge Properties stock include Herbert Eilberg and Steven Roth. View institutional ownership trends for Urban Edge Properties.

UE stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Deutsche Bank AG, Nuveen Asset Management LLC, BlackRock Inc., Federated Hermes Inc., Morgan Stanley, Two Sigma Advisers LP, and UBS Group AG. View insider buying and selling activity for Urban Edge Properties.

UE stock was purchased by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Centersquare Investment Management LLC, Massachusetts Financial Services Co. MA, Balyasny Asset Management LLC, Cbre Clarion Securities LLC, Wolverine Asset Management LLC, State Street Corp, and Timbercreek Investment Management Inc.. View insider buying and selling activity for Urban Edge Properties.

Shares of UE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of UE stock can currently be purchased for approximately $11.71.

Urban Edge Properties has a market capitalization of $1.36 billion and generates $387.65 million in revenue each year. The real estate investment trust earns $109.52 million in net income (profit) each year or $1.16 on an earnings per share basis. Urban Edge Properties employs 116 workers across the globe.

The official website for Urban Edge Properties is www.uedge.com.

Urban Edge Properties' mailing address is 888 SEVENTH AVENUE, NEW YORK NY, 10019. The real estate investment trust can be reached via phone at 212-956-2556.