Urban Edge Properties (UE)

NYSE: UE · IEX Real-Time Price · USD
18.84
0.53 (2.89%)
May 16, 2022 4:00 PM EDT - Market closed
Market Cap2.31B
Revenue (ttm)429.62M
Net Income (ttm)92.25M
Shares Out122.43M
EPS (ttm)0.88
PE Ratio21.53
Forward PE57.47
Dividend$0.61 (3.24%)
Ex-Dividend DateJun 14, 2022
Volume1,315,823
Open18.29
Previous Close18.31
Day's Range18.21 - 18.99
52-Week Range14.00 - 20.33
Beta1.63
AnalystsBuy
Price Target22.34 (+18.6%)
Earnings DateMay 5, 2022

About UE

Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 78 properties totaling 15.1 million square feet of gross leasable area.

IndustryEquity Real Estate Investment Trusts (REITs)
Employees116
Stock ExchangeNYSE
Ticker SymbolUE
Full Company Profile

Financial Performance

In 2021, UE's revenue was $425.08 million, an increase of 28.78% compared to the previous year's $330.10 million. Earnings were $102.69 million, an increase of 9.72%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for UE stock is "Buy." The 12-month stock price forecast is 22.34, which is an increase of 18.58% from the latest price.

Price Target
$22.34
(18.58% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Urban Edge Properties (UE) Q1 FFO Match Estimates

Urban Edge Properties (UE) delivered FFO and revenue surprises of 0% and 1.56%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Urban Edge Properties Reports First Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports First Quarter 2022 Results

1 week ago - Business Wire

Urban Edge Properties Invites You to Join Its First Quarter 2022 Earnings Conference Call

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its First Quarter 2022 Earnings Conference Call

1 month ago - Business Wire

Urban Edge Properties to Present at Citi's 2022 Global Property CEO Conference

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties to Present at Citi's 2022 Global Property CEO Conference

2 months ago - Business Wire

Urban Edge Properties (UE) Q4 FFO Match Estimates

Urban Edge Properties (UE) delivered FFO and revenue surprises of 0% and 35.38%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Urban Edge Properties Reports Fourth Quarter and Full Year 2021 Results

NEW YORK--(BUSINESS WIRE)--UE - Urban Edge Properties Reports Fourth Quarter and Full Year 2021 Results

3 months ago - Business Wire

Old National Bancorp Set to Join S&P MidCap 400; Urban Edge Properties & Corsair Gaming to Join S&P SmallCap 600

NEW YORK, Feb. 15, 2022 /PRNewswire/ -- S&P SmallCap 600 constituent Old National Bancorp (NASD:ONB) will replace Urban Edge Properties (NYSE:UE) in the S&P MidCap 400, Urban Edge Properties will replac...

Other symbols:CRSRONB
3 months ago - PRNewsWire

Urban Edge Properties Announces Tax Treatment of 2021 Dividend Distributions

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Announces Tax Treatment of 2021 Dividend Distributions

3 months ago - Business Wire

Urban Edge Properties Invites You to Join Its Fourth Quarter 2021 Earnings Conference Call

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its Fourth Quarter 2021 Earnings Conference Call

4 months ago - Business Wire

Urban Edge Properties Acquires Woodmore Towne Centre in the Greater Washington, D.C. Market for $193.4 Million

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Acquires Woodmore Towne Centre in the Greater Washington, D.C. Market for $193.4 Million

4 months ago - Business Wire

Urban Edge Properties (UE) Misses Q3 FFO Estimates

Urban Edge Properties (UE) delivered FFO and revenue surprises of -3.45% and 11.80%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Urban Edge Properties Reports Third Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports Third Quarter 2021 Results

6 months ago - Business Wire

How Urban Edge (UE) Stock Stands Out in a Strong Industry

Urban Edge (UE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

7 months ago - Zacks Investment Research

Urban Edge Properties Announces Third Quarter 2021 Earnings Release Date

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Announces Third Quarter 2021 Earnings Release Date

8 months ago - Business Wire

Urban Edge Properties Declares a Quarterly Common Dividend of $0.15 per Share

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Declares a Quarterly Common Dividend of $0.15 per Share

9 months ago - Business Wire

Urban Edge Properties (UE) Q2 FFO and Revenues Beat Estimates

Urban Edge Properties (UE) delivered FFO and revenue surprises of 7.69% and 4.78%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Urban Edge Properties Reports Second Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports Second Quarter 2021 Results

9 months ago - Business Wire

Top Ranked Income Stocks to Buy for July 20th

HESM, NEP, IPG, and UE made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 20, 2021.

Other symbols:HESMIPGNEP
9 months ago - Zacks Investment Research

Urban Edge Properties (UE) Upgraded to Strong Buy: Here's What You Should Know

Urban Edge Properties (UE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

10 months ago - Zacks Investment Research

Urban Edge Properties Announces Release of 2020 ESG Report

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Announces Release of 2020 ESG Report

10 months ago - Business Wire

Urban Edge Properties Invites You to Join Its Second Quarter 2021 Earnings Conference Call

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its Second Quarter 2021 Earnings Conference Call

10 months ago - Business Wire

Urban Edge Properties Appoints Susan Givens to the Board of Trustees

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Appoints Susan Givens to the Board of Trustees

Other symbols:NRZ
10 months ago - Business Wire

Top Ranked Income Stocks to Buy for June 29th

Top Ranked Income Stocks to Buy for June 29th

Other symbols:BRTLCIISTX
10 months ago - Zacks Investment Research

Urban Edge Properties (UE) Q1 FFO and Revenues Beat Estimates

Urban Edge Properties (UE) delivered FFO and revenue surprises of 18.18% and 7.36%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Urban Edge Properties Reports First Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports First Quarter 2021 Results

1 year ago - Business Wire