About Urban Edge Properties (NYSE:UE)
Urban Edge Properties operates as a real estate investment trust, which engages in the acquisition, development, and management of commercial properties. Its portfolio includes shopping centers, malls, and warehouse parks. The company was founded on June 18, 2014 and is headquartered in New York, NY.
Industry, Sector and Symbol
Industry Real estate
Sub-IndustryN/A
SectorFinance
SymbolNYSE:UE
CUSIPN/A
Phone212-956-2556
Debt
Debt-to-Equity Ratio1.58%
Current Ratio8.72%
Quick Ratio8.72%
Price-To-Earnings
Trailing P/E Ratio15.66
Forward P/E Ratio14.90
P/E GrowthN/A
Sales & Book Value
Annual Sales$407.04 million
Price / Sales5.63
Cash Flow$1.2048 per share
Price / Cash16.70
Book Value$8.70 per share
Price / Book2.31
Profitability
EPS (Most Recent Fiscal Year)$1.34
Net Income$67.07 million
Net Margins16.48%
Return on Equity7.70%
Return on Assets2.65%
Miscellaneous
Employees120
Outstanding Shares113,820,000
Urban Edge Properties (NYSE:UE) Frequently Asked Questions
What is Urban Edge Properties' stock symbol?
Urban Edge Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "UE."
How often does Urban Edge Properties pay dividends? What is the dividend yield for Urban Edge Properties?
Urban Edge Properties announced a quarterly dividend on Friday, February 23rd. Shareholders of record on Thursday, March 15th will be given a dividend of $0.22 per share on Friday, March 30th. This represents a $0.88 dividend on an annualized basis and a yield of 4.37%. The ex-dividend date of this dividend is Wednesday, March 14th. View Urban Edge Properties' Dividend History.
How were Urban Edge Properties' earnings last quarter?
Urban Edge Properties (NYSE:UE) announced its quarterly earnings data on Wednesday, February, 14th. The real estate investment trust reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.47. The real estate investment trust earned $97.38 million during the quarter, compared to analyst estimates of $95.68 million. Urban Edge Properties had a return on equity of 7.70% and a net margin of 16.48%. View Urban Edge Properties' Earnings History.
When is Urban Edge Properties' next earnings date?
What price target have analysts set for UE?
2 brokerages have issued 1 year target prices for Urban Edge Properties' shares. Their forecasts range from $25.00 to $25.00. On average, they anticipate Urban Edge Properties' stock price to reach $25.00 in the next year. View Analyst Ratings for Urban Edge Properties.
Who are some of Urban Edge Properties' key competitors?
Some companies that are related to Urban Edge Properties include Kennedy-Wilson (KW), Colliers International Gr (CIGI), FirstService (FSV), Five Point (FPH), Terreno Realty (TRNO), Gazit Globe (GZT), Seritage Growth Properties (SRG), Government Properties Income Trust (GOV), Cresud S.A.C.I.F. y A. (CRESY), Getty Realty (GTY), Forestar Group (FOR), Armada Hoffler Properties (AHH), FRP (FRPH), Altisource Residential (RESI), Ellington Financial (EFC), PICO (PICO), Innovative Industrial (IIPR) and Leju (LEJU).
Who are Urban Edge Properties' key executives?
Urban Edge Properties' management team includes the folowing people:
- Jeffrey S. Olson, Chairman, President & Chief Executive Officer
- Robert Minutoli, Chief Operating Officer & Executive Vice President
- Mark J. Langer, Chief Financial Officer, Executive VP & IR Contact
- Robert C. Milton, Secretary, Executive VP & General Counsel
- Herbert Eilberg, Chief Investment Officer
Has Urban Edge Properties been receiving favorable news coverage?
Media stories about UE stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Urban Edge Properties earned a news impact score of 0.23 on Accern's scale. They also assigned news coverage about the real estate investment trust an impact score of 44.94 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Urban Edge Properties' stock price today?
One share of UE stock can currently be purchased for approximately $20.12.
How big of a company is Urban Edge Properties?
Urban Edge Properties has a market capitalization of $2.39 billion and generates $407.04 million in revenue each year. The real estate investment trust earns $67.07 million in net income (profit) each year or $1.34 on an earnings per share basis. Urban Edge Properties employs 120 workers across the globe.
How can I contact Urban Edge Properties?
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.
MarketBeat Community Rating for Urban Edge Properties (UE)
MarketBeat's community ratings are surveys of what our community members think about Urban Edge Properties and other stocks. Vote "Outperform" if you believe UE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UE will underperform the S&P 500 over the long term. You may vote once every thirty days.
Urban Edge Properties (NYSE:UE) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
2 Wall Street analysts have issued ratings and price targets for Urban Edge Properties in the last 12 months. Their average twelve-month price target is $25.00, suggesting that the stock has a possible upside of 24.25%. The high price target for UE is $25.00 and the low price target for UE is $25.00. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Sell |
| Consensus Rating Score: | 1.50 | 1.50 | 1.50 | 1.00 |
| Ratings Breakdown: | 1 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $25.00 | $25.00 | $25.00 | $25.00 |
| Price Target Upside: | 24.25% upside | 3.99% upside | 3.99% upside | 1.30% upside |
Urban Edge Properties (NYSE:UE) Consensus Price Target History
Urban Edge Properties (NYSE:UE) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 11/1/2017 | Capital One | Reiterated Rating | Equal Weight | | N/A |  |
| 8/14/2017 | Evercore ISI | Downgrade | In-Line -> Underperform | $25.00 | High | |
| 8/4/2016 | Credit Suisse Group | Downgrade | Outperform -> Neutral | $27.00 -> $28.00 | N/A | |
(Data available from 4/20/2016 forward)
Urban Edge Properties (NYSE:UE) Dividend Information
Urban Edge Properties pays an annual dividend of $0.88 per share, with a dividend yield of 4.37%. UE's most recent quarterly dividend payment was Friday, March 30. Urban Edge Properties pays out 65.67% of its earnings out as a dividend.
| Most Recent Dividend: | 3/30/2018 |
| Annual Dividend: | $0.88 |
| Dividend Yield: | 4.37% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 65.67% (Trailing 12 Months of Earnings)
65.19% (Based on This Year's Estimates)
60.27% (Based on Next Year's Estimates)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Urban Edge Properties (NYSE:UE) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/23/2018 | Quarterly | $0.22 | 3.95% | 3/14/2018 | 3/15/2018 | 3/30/2018 |
| 11/8/2017 | quarterly | $0.22 | 3.62% | 12/14/2017 | 12/15/2017 | 12/29/2017 |
| 9/1/2017 | quarterly | $0.22 | 3.46% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 5/11/2017 | quarterly | $0.22 | 3.53% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 2/27/2017 | quarterly | $0.22 | 3.07% | 3/13/2017 | 3/15/2017 | 3/31/2017 |
| 11/9/2016 | quarterly | $0.22 | 3.52% | 12/13/2016 | 12/15/2016 | 12/30/2016 |
| 9/9/2016 | quarterly | $0.20 | 2.87% | 9/15/2016 | 9/19/2016 | 9/30/2016 |
| 5/17/2016 | quarterly | $0.20 | 2.99% | 6/13/2016 | 6/15/2016 | 6/30/2016 |
| 2/19/2016 | quarterly | $0.20 | 3.34% | 3/11/2016 | 3/15/2016 | 3/31/2016 |
| 11/4/2015 | quarterly | $0.20 | 3.33% | 12/11/2015 | 12/15/2015 | 12/31/2015 |
| 8/18/2015 | quarterly | $0.20 | 3.49% | 9/11/2015 | 9/15/2015 | 9/30/2015 |
| 5/12/2015 | quarterly | $0.20 | 3.67% | 6/11/2015 | 6/15/2015 | 6/30/2015 |
| 2/2/2015 | | $0.20 | | 3/12/2015 | 3/16/2015 | 3/31/2015 |
(Data available from 1/1/2013 forward)
Urban Edge Properties (NYSE UE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 4.36%
Institutional Ownership Percentage: 91.67%
Urban Edge Properties (NYSE UE) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 10/8/2015 | Robert Minutoli | COO | Buy | 5,000 | $22.73 | $113,650.00 | 19,172 | |
| 9/11/2015 | Herbert Eilberg | CIO | Buy | 1,000 | $19.88 | $19,880.00 | 21,928 | |
| 6/12/2015 | Michael Zucker | SVP | Buy | 2,000 | $22.28 | $44,560.00 | | |
| 3/27/2015 | Robert Minutoli | COO | Buy | 10,000 | $24.13 | $241,300.00 | | |
(Data available from 1/1/2013 forward)
Urban Edge Properties (NYSE UE) News Headlines
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Urban Edge Properties (NYSE:UE) SEC Filings
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Urban Edge Properties (NYSE:UE) Income Statement, Balance Sheet and Cash Flow Statement
Urban Edge Properties (NYSE UE) Stock Chart for Friday, April, 20, 2018
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