Urban Edge Properties - UE Stock Forecast, Price & News

2 Wall Street research 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 research 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.
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2 brokerages 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 stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price.
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Urban Edge Properties' stock was trading at $14.09 at the start of the year. Since then, UE stock has increased by 14.2% and is now trading at $16.09.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our UE earnings forecast.

Urban Edge Properties will be holding an earnings conference call on Tuesday, February 14th 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 "13734687".

Urban Edge Properties (NYSE:UE) posted its quarterly earnings data on Wednesday, November, 3rd. The real estate investment trust reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.16. The real estate investment trust had revenue of $106.84 million for the quarter, compared to analyst estimates of $95.57 million. Urban Edge Properties had a net margin of 17.64% and a trailing twelve-month return on equity of 7.21%. During the same quarter in the prior year, the firm posted $0.19 earnings per share.

Urban Edge Properties announced a quarterly dividend on Wednesday, November 2nd. Shareholders of record on Thursday, December 15th will be given a dividend of $0.16 per share on Friday, December 30th. This represents a $0.64 annualized dividend and a yield of 3.98%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for UE.

Urban Edge Properties (NYSE:UE) pays an annual dividend of $0.64 per share and currently has a dividend yield of 3.92%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 100.00%. 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 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $1.17-$1.19 for the period, compared to the consensus earnings per share estimate of $1.18. 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 many different institutional and retail investors. Top institutional investors include Lasalle Investment Management Securities LLC (2.84%), Sumitomo Mitsui Trust Holdings Inc. (2.16%), Fisher Asset Management LLC (1.35%), State of Alaska Department of Revenue (0.12%), Strs Ohio (0.10%) and Yousif Capital Management LLC (0.06%). Insiders that own company stock include Herbert Eilberg 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.
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One share of UE stock can currently be purchased for approximately $16.09.

Urban Edge Properties (NYSE:UE) has a market capitalization of $1.89 billion and generates $425.08 million in revenue each year. The real estate investment trust earns $102.69 million in net income (profit) each year or $0.64 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.