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 equities research 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 stock price to reach $18.00 in the next year. This suggests a possible upside of 20.1% from the stock's current price.
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Urban Edge Properties' stock was trading at $19.00 at the beginning of 2022. Since then, UE stock has decreased by 21.1% and is now trading at $14.99.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our UE earnings forecast.

Urban Edge Properties (NYSE:UE) released its earnings results on Thursday, November, 3rd. The real estate investment trust reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by $0.20. The real estate investment trust had revenue of $98.18 million for the quarter, compared to the consensus estimate of $98.57 million. Urban Edge Properties had a net margin of 17.64% and a trailing twelve-month return on equity of 7.21%.

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 dividend yield of 4.27%. The ex-dividend date of this dividend 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 4.17%. 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 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 52.03% 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 updated 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 EPS 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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.85%), Vanguard Group Inc. (15.62%), State Street Corp (6.05%), Massachusetts Financial Services Co. MA (4.83%), Centersquare Investment Management LLC (2.30%) and Heitman Real Estate Securities LLC (2.23%). Insiders that own company stock include Herbert Eilberg 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 $14.99.

Urban Edge Properties (NYSE:UE) has a market capitalization of $1.76 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.