NYSE:UEUrban Edge Properties Stock Price, Forecast & News

Urban Edge Properties' stock was trading at $14.95 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, UE shares have decreased by 26.0% and is now trading at $11.06. 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 Thursday, August 6th 2020. View our earnings forecast for Urban Edge Properties.

Urban Edge Properties (NYSE:UE) posted its quarterly earnings data on Wednesday, April, 29th. The real estate investment trust reported $0.40 earnings per share 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 analyst estimates of $96.60 million. Urban Edge Properties had a return on equity of 13.10% and a net margin of 34.69%. 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 paid a dividend of $0.22 per share on Tuesday, March 31st. This represents a $0.88 annualized dividend and a yield of 7.96%. The ex-dividend date is Friday, March 13th. View Urban Edge Properties' dividend history.

4 Wall Street analysts have issued 1-year price objectives for Urban Edge Properties' shares. Their forecasts range from $9.20 to $20.00. On average, they expect Urban Edge Properties' share price to reach $13.55 in the next year. This suggests a possible upside of 22.5% from the stock's current price. View analysts' price targets for Urban Edge Properties.

News headlines about UE stock have been trending very negative on Sunday, InfoTrie reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Urban Edge Properties earned a coverage optimism score of -3.8 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Urban Edge Properties.

Urban Edge Properties saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,440,000 shares, a decline of 7.2% from the June 15th total of 2,630,000 shares. Based on an average daily volume of 1,500,000 shares, the short-interest ratio is currently 1.6 days. Currently, 2.2% of the company's shares are short sold. View Urban Edge Properties' Current Options Chain.

Some companies that are related to Urban Edge Properties include Brookfield Property Partners (BPY), FirstService (FSV), Hudson Pacific Properties (HPP), Terreno Realty (TRNO), Cushman & Wakefield (CWK), Kennedy-Wilson (KW), Colliers International Group (CIGI), Innovative Industrial Properties (IIPR), Shanghai Industrial (SGHIY), Getty Realty (GTY), Office Properties Income Trust (OPI), Gazit Globe (GZTGF), Armada Hoffler Properties (AHH), Forestar Group (FOR) and Five Point (FPH). 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 retail and institutional investors. Top institutional investors include Timbercreek Investment Management Inc. (0.27%), Manning & Napier Group LLC (0.18%), 6 Meridian (0.01%) and Envestnet Asset Management Inc. (0.01%). 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 Timbercreek Investment Management Inc., Envestnet Asset Management Inc., and 6 Meridian. View insider buying and selling activity for Urban Edge Properties.

UE stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC. 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 $11.06.

Urban Edge Properties has a market capitalization of $1.29 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.