Urban Edge Properties (UE)

Market Cap	1.95B
Revenue (ttm)	416.92M
Net Income (ttm)	248.50M
Shares Out	117.73M
EPS (ttm)	2.11
PE Ratio	7.86
Forward PE	50.83
Dividend	$0.68 (4.10%)
Ex-Dividend Date	Mar 14, 2024

Volume	404,939
Open	16.60
Previous Close	16.72
Day's Range	16.50 - 16.68
52-Week Range	13.13 - 18.79
Beta	1.52
Analysts	Hold
Price Target	16.67 (+0.54%)
Earnings Date	May 7, 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
• CEO: Jeffrey S. Olson
• Employees: 109
• Stock Exchange: NYSE
• Ticker Symbol: UE

Financial Performance

In 2023, UE's revenue was $416.92 million, an increase of 4.77% compared to the previous year's $397.94 million. Earnings were $248.50 million, an increase of 438.22%.

Analyst Forecast

According to 3 analysts, the average rating for UE stock is "Hold." The 12-month stock price forecast is $16.67, which is an increase of 0.54% from the latest price.

Price Target

$16.67

(0.54% upside)

Analyst Consensus: Hold