Urban Edge Properties (UE) Stock Price, News & Analysis

Company Overview

Urban Edge Properties is a NYSE listed real estate investment trust focused on owning, managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the Washington, D.C. to Boston corridor. Urban Edge owns 76 properties totaling 17.1 million square feet of gross leasable area.

Key Stats

• Today's Range: $22.92 to $23.47
• 50-Day Range: $20.94 to $23.59
• 52-Week Range: $15.81 to $23.85
• Volume: 930,941 shs
• Average Volume: 827,763 shs
• Market Capitalization: $2.87 billion
• P/E Ratio: 10.31
• Dividend Yield: 2.96%
• Price Target: $20.00
• Consensus Rating: Hold

Urban Edge Properties Stock Analysis - MarketRank™

Urban Edge Properties scored higher than 58% of companies evaluated by MarketBeat, and ranked 532nd out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Urban Edge Properties has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Urban Edge Properties has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.55%

Earnings Growth

Earnings for Urban Edge Properties are expected to grow by 4.55% in the coming year, from $1.32 to $1.38 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Urban Edge Properties is 10.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Urban Edge Properties is 10.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.18.

Price to Book Value per Share Ratio

Urban Edge Properties has a P/B Ratio of 2.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.47% of the outstanding shares of Urban Edge Properties have been sold short.

Short Interest Ratio / Days to Cover

Urban Edge Properties has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Urban Edge Properties has recently decreased by 11.46%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Urban Edge Properties pays a meaningful dividend of 2.90%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Urban Edge Properties does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Urban Edge Properties is 30.49%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Urban Edge Properties will have a dividend payout ratio of 49.28% next year. This indicates that Urban Edge Properties will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.47% of the outstanding shares of Urban Edge Properties have been sold short.

Short Interest Ratio / Days to Cover

Urban Edge Properties has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Urban Edge Properties has recently decreased by 11.46%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.72

News Sentiment

Urban Edge Properties has a news sentiment score of 1.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Urban Edge Properties this week, compared to 2 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Urban Edge Properties insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,214,684.00 in company stock.

Percentage Held by Insiders

Only 3.10% of the stock of Urban Edge Properties is held by insiders.

Percentage Held by Institutions

94.94% of the stock of Urban Edge Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

UE Stock Analysis - Frequently Asked Questions

How have UE shares performed this year?

Urban Edge Properties' stock was trading at $18.30 at the start of the year. Since then, UE stock has increased by 25.6% and is now trading at $22.99.
View the best growth stocks for 2024 here.

How were Urban Edge Properties' earnings last quarter?

Urban Edge Properties (NYSE:UE) issued its quarterly earnings data on Wednesday, October, 30th. The real estate investment trust reported $0.07 EPS for the quarter. The real estate investment trust had revenue of $112.26 million for the quarter. Urban Edge Properties had a net margin of 59.23% and a trailing twelve-month return on equity of 20.89%.

Who are Urban Edge Properties' major shareholders?

Urban Edge Properties' top institutional investors include FMR LLC (11.14%), State Street Corp (5.60%), Geode Capital Management LLC (2.49%) and Jennison Associates LLC (2.38%). Insiders that own company stock include Mark Langer and Robert C Milton III.
View institutional ownership trends.

How do I buy shares of Urban Edge Properties?

Shares of UE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Urban Edge Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Urban Edge Properties investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and Alphabet (GOOG).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 9/13/2024
• Dividend Payable: 9/30/2024
• Last Earnings: 10/30/2024
• Today: 11/21/2024
• Ex-Dividend for 12/31 Dividend: 12/13/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/12/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate
• Sub-Industry: Real Estate
• Current Symbol: NYSE:UE
• CUSIP: N/A
• CIK: 1611547
• Web: www.uedge.com
• Phone: (212) 956-2556
• Fax: N/A
• Employees: 120
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $20.00
• High Stock Price Target: $22.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: -13.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.23
• Trailing P/E Ratio: 10.31
• Forward P/E Ratio: 17.42
• P/E Growth: N/A
• Net Income: $248.50 million
• Net Margins: 59.23%
• Pretax Margin: 62.35%
• Return on Equity: 20.89%
• Return on Assets: 8.15%

Debt

• Debt-to-Equity Ratio: 1.13
• Current Ratio: 1.30
• Quick Ratio: 1.30

Sales & Book Value

• Annual Sales: $416.92 million
• Price / Sales: 6.89
• Cash Flow: $2.91 per share
• Price / Cash Flow: 7.90
• Book Value: $10.72 per share
• Price / Book: 2.14

Miscellaneous

• Outstanding Shares: 124,870,000
• Free Float: 121,000,000
• Market Cap: $2.87 billion
• Optionable: Optionable
• Beta: 1.54