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 Wall Street analysts have issued 1-year price targets for Urban Edge Properties' shares. 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 twelve months. This suggests a possible upside of 25.0% 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 start of the year. Since then, UE stock has increased by 2.2% and is now trading at $14.40.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
View our UE earnings forecast.

Urban Edge Properties will be holding an earnings conference call on Tuesday, May 9th 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 "13736844".

Urban Edge Properties (NYSE:UE) released its quarterly earnings data on Tuesday, February, 14th. The real estate investment trust reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.30 by $0.18. The real estate investment trust had revenue of $101.33 million for the quarter, compared to analysts' expectations of $101.36 million. Urban Edge Properties had a trailing twelve-month return on equity of 4.46% and a net margin of 11.60%.

Urban Edge Properties announced a quarterly dividend on Tuesday, February 28th. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.16 per share on Friday, March 31st. This represents a $0.64 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date of this dividend is Tuesday, March 14th.
Read our dividend analysis for UE.

ETFs with the largest weight of Urban Edge Properties (NYSE:UE) stock in their portfolio include Invesco S&P SmallCap Financials ETF (PSCF), Invesco Active U.S. Real Estate ETF (PSR), Fidelity Real Estate Investment ETF (FPRO), SPDR S&P SmallCap 600 ESG ETF (ESIX), Xtrackers S&P SmallCap 600 ESG ETF (SMLE), First Trust Small Cap Value AlphaDEX Fund (FYT), Principal U.S. Small-Cap Adaptive Multi-Factor ETF (PLTL) and Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS).

Urban Edge Properties (NYSE:UE) pays an annual dividend of $0.64 per share and currently has a dividend yield of 4.53%. 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 160.00%. 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 issued an update on its FY 2023 earnings guidance on Tuesday, February, 14th. The company provided earnings per share (EPS) guidance of $1.11-$1.17 for the period, compared to the consensus EPS 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 a number of institutional and retail investors. Top institutional shareholders include Resolution Capital Ltd (3.14%), Lasalle Investment Management Securities LLC (2.84%), Sumitomo Mitsui Trust Holdings Inc. (2.16%), Geode Capital Management LLC (2.03%), Centersquare Investment Management LLC (1.72%) 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.
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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 $14.40.

Urban Edge Properties (NYSE:UE) has a market capitalization of $1.69 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 $0.40 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.