NYSE:UE - Urban Edge Properties Stock Price, Forecast & News

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

Urban Edge Properties declared a quarterly dividend on Tuesday, November 5th. Shareholders of record on Monday, December 16th will be given a dividend of $0.22 per share on Tuesday, December 31st. This represents a $0.88 annualized dividend and a yield of 4.75%. The ex-dividend date is Friday, December 13th. View Urban Edge Properties' Dividend History.

Urban Edge Properties (NYSE:UE) issued its quarterly earnings results on Wednesday, February, 12th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.26. The real estate investment trust had revenue of $95.93 million for the quarter, compared to analyst estimates of $92.02 million. Urban Edge Properties had a net margin of 28.25% and a return on equity of 10.77%. View Urban Edge Properties' Earnings History.

Urban Edge Properties is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Urban Edge Properties.

3 brokers have issued 12 month target prices for Urban Edge Properties' shares. Their forecasts range from $18.00 to $21.00. On average, they anticipate Urban Edge Properties' share price to reach $19.67 in the next year. This suggests a possible upside of 6.1% from the stock's current price. View Analyst Price Targets for Urban Edge Properties.

3 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Urban Edge Properties.

News stories about UE stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group ranks 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 -5 to 5, with scores nearest to five being the most favorable. Urban Edge Properties earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Urban Edge Properties.

Urban Edge Properties saw a increase in short interest in January. As of January 31st, there was short interest totalling 3,230,000 shares, an increase of 17.9% from the January 15th total of 2,740,000 shares. Based on an average trading volume of 894,800 shares, the days-to-cover ratio is currently 3.6 days. Approximately 2.8% of the company's stock are short sold. View Urban Edge Properties' Current Options Chain.

Some companies that are related to Urban Edge Properties include Brookfield Property Partners (BPY), Hudson Pacific Properties (HPP), FirstService (FSV), Cushman & Wakefield (CWK), Terreno Realty (TRNO), Colliers International Group (CIGI), Kennedy-Wilson (KW), Gazit Globe (GZTGF), Shanghai Industrial (SGHIY), Office Properties Income Trust (OPI), Innovative Industrial Properties (IIPR), Seritage Growth Properties (SRG), Five Point (FPH), Getty Realty (GTY) and Armada Hoffler Properties (AHH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Urban Edge Properties investors own include Vornado Realty Trust (VNO), Blackstone Group (BX), Tanger Factory Outlet Centers (SKT), Simon Property Group (SPG), Taubman Centers (TCO), Washington Prime Group (WPG), Cisco Systems (CSCO), Micron Technology (MU), Seagate Technology (STX) and Triumph Bancorp (TBK).

Urban Edge Properties' stock is owned by a number of of retail and institutional investors. Top institutional investors include Cohen & Steers Inc. (10.02%), State Street Corp (4.98%), Goldman Sachs Group Inc. (3.58%), Massachusetts Financial Services Co. MA (3.57%), FMR LLC (2.79%) and Bank of New York Mellon Corp (2.56%). View Institutional Ownership Trends for Urban Edge Properties.

UE stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Schroder Investment Management Group, Prudential Financial Inc., State Street Corp, First Trust Advisors LP, FMR LLC, Massachusetts Financial Services Co. MA and Thrivent Financial for Lutherans. View Insider Buying and Selling for Urban Edge Properties.

UE stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., AJO LP, UBS Group AG, Renaissance Technologies LLC, Bank of New York Mellon Corp, Great West Life Assurance Co. Can, Cubist Systematic Strategies LLC and Geode Capital Management LLC. View Insider Buying and Selling 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 $18.53.

Urban Edge Properties has a market capitalization of $2.25 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.View Additional Information About Urban Edge Properties.

The official website for Urban Edge Properties is http://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.