Urban Edge Properties (UE)

Market Cap	3.03B
Revenue (ttm)	435.18M
Net Income (ttm)	263.46M
Shares Out	131.77M
EPS (ttm)	2.20
PE Ratio	10.43
Forward PE	45.98
Dividend	$0.68 (2.96%)
Ex-Dividend Date	Sep 13, 2024

Volume	705,210
Open	23.39
Previous Close	23.47
Day's Range	22.92 - 23.46
52-Week Range	15.81 - 23.85
Beta	1.55
Analysts	Hold
Price Target	20.00 (-13.01%)
Earnings Date	Oct 30, 2024

About UE

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.

• Industry: REIT - Retail
• Sector: Real Estate
• Founded: 2014
• Employees: 109
• Stock Exchange: NYSE
• Ticker Symbol: UE
• Website: https://www.uedge.com

Financial Performance

In 2023, Urban Edge Properties's revenue was $406.92 million, an increase of 2.26% compared to the previous year's $397.94 million. Earnings were $248.30 million, an increase of 438.06%.

Analyst Forecast

According to 2 analysts, the average rating for UE stock is "Hold." The 12-month stock price forecast is $20.0, which is a decrease of -13.01% from the latest price.

Price Target

$20.0

(-13.01% downside)

Analyst Consensus: Hold