Urban Edge Properties (UE)
| Market Cap | 2.09B |
| Revenue (ttm) | 330.10M |
| Net Income (ttm) | 93.59M |
| Shares Out | 117.03M |
| EPS (ttm) | 0.79 |
| PE Ratio | 22.52 |
| Forward PE | 588.24 |
| Dividend | $0.22 |
| Dividend Yield | 1.23% |
| Trading Day | April 16 |
| Last Price | $17.88 |
| Previous Close | $18.10 |
| Change ($) | -0.22 |
| Change (%) | -1.22% |
| Day's Open | 18.10 |
| Day's Range | 17.80 - 18.14 |
| Day's Volume | 641,742 |
| 52-Week Range | 7.14 - 18.19 |
NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Announces First Quarter 2021 Earnings Release Date
NEW YORK--(BUSINESS WIRE)--Urban Edge Properties to Present at the 2021 Citi Virtual Global Property CEO Conference
Urban Edge Properties (UE) delivered FFO and revenue surprises of 9.52% and 0.84%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Urban Edge owns a collection of high quality properties that are primarily in the densely populated NY-NJ area. UE is actively redeveloping its properties, which should help to unlock their value.
UE primarily owns properties located in the suburbs of the New York City Metropolitan area. Rent collection has steadily improved to 86% in October.
UE trades at roughly half its pre-crisis levels.
Urban Edge Properties (UE) delivered FFO and revenue surprises of 0.00% and -3.35%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Lessons Learned: Diversification Does The Trick (Coronavirus Or Not)
Urban Edge Properties (UE) delivered FFO and revenue surprises of 0.00% and 4.25%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Retire Rich With REITs... 2.0
Reaping REIT Rewards: 5 Stocks That Could Soar In 2020
Urban Edge Properties (UE) delivered FFO and revenue surprises of 0.00% and 5.45%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
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.
| Industry REIT-Diversified | |
| Stock Exchange NYSE | Ticker Symbol UE |
Financial Performance
In 2020, UE's revenue was $330.10 million, a decrease of -14.85% compared to the previous year's $387.65 million. Earnings were $93.59 million, a decrease of -14.55%.
Analyst Forecasts
According to 4 analysts, the average rating for UE stock is "Buy." The 12-month stock price forecast is 16.88, which is a decrease of -5.59% from the latest price.