NYSE:UEUrban Edge Properties Stock Price, Forecast & News

Urban Edge Properties' stock was trading at $14.95 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, UE shares have decreased by 22.5% and is now trading at $11.59. 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 (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.35. The real estate investment trust had revenue of $93.36 million for the quarter, compared to analysts' expectations of $96.60 million. Urban Edge Properties had a net margin of 34.69% and a return on equity of 13.10%. View Urban Edge Properties' earnings history.

Urban Edge Properties announced a quarterly dividend on Friday, February 21st. Shareholders of record on Monday, March 16th will be given a dividend of $0.22 per share on Tuesday, March 31st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.59%. The ex-dividend date of this dividend is Friday, March 13th. View Urban Edge Properties' dividend history.

4 brokerages have issued 12-month 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 53.1% from the stock's current price. View analysts' price targets for Urban Edge Properties.

Headlines about UE stock have been trending very negative recently, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing 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 news sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutUrban Edge Properties.

Urban Edge Properties saw a increase in short interest during 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 trading volume of 1,590,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 2.8% of the shares of the 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), Terreno Realty (TRNO), Cushman & Wakefield (CWK), Colliers International Group (CIGI), Kennedy-Wilson (KW), Shanghai Industrial (SGHIY), Innovative Industrial Properties (IIPR), Gazit Globe (GZTGF), Office Properties Income Trust (OPI), Getty Realty (GTY), Five Point (FPH), Forestar Group (FOR) and Armada Hoffler Properties (AHH). 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 many different 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 acquired 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 $11.59.

Urban Edge Properties has a market capitalization of $1.35 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.