Urban Edge Properties Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for UE stock have an average target of 20, with a low estimate of 18 and a high estimate of 22. The average target predicts a decrease of -12.85% from the current stock price of 22.95.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$18	$20	$22	$22
Change	-21.57%	-12.85%	-4.14%	-4.14%

* Price targets were last updated on Sep 16, 2024.

Analyst Ratings

The average analyst rating for UE stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	1	1	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Steve Sakwa Evercore ISI Group	Evercore ISI Group	Hold Maintains $21 → $22	Hold	Maintains	$21 → $22	-4.14%	Sep 16, 2024
Steve Sakwa Evercore ISI Group	Evercore ISI Group	Hold Maintains $20 → $21	Hold	Maintains	$20 → $21	-8.50%	Aug 28, 2024
Ronald Kamdem Morgan Stanley	Morgan Stanley	Sell → Hold Upgrades $14 → $18	Sell → Hold	Upgrades	$14 → $18	-21.57%	Dec 21, 2023
Steve Sakwa Evercore ISI Group	Evercore ISI Group	Buy → Hold Downgrades $18	Buy → Hold	Downgrades	$18	-21.57%	Nov 27, 2023
Richard Hill Morgan Stanley	Morgan Stanley	Sell Reiterates $14	Sell	Reiterates	$14	-39.00%	Jul 11, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

443.27M

Revenue Next Year

459.78M

from 443.27M

3.72%

from 443.27M

EPS This Year

0.45

from 2.11

-78.79%

from 2.11

EPS Next Year

0.42

from 0.45

-7.28%

from 0.45

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	443.27M	459.78M	463.04M
Revenue Growth	-6.40%	-14.85%	28.78%	-6.39%	2.26%	-	3.72%	0.71%
EPS	0.91	0.79	0.88	0.39	2.11	0.45	0.42	0.53
EPS Growth	-0.79%	-13.02%	10.26%	-55.13%	437.80%	-78.79%	-7.28%	27.69%
Forward PE	-	-	-	-	-	51.22	55.24	43.27
No. Analysts	-	-	-	-	-	6	6	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	462.0M	476.9M	472.0M
Avg	443.3M	459.8M	463.0M
Low	412.3M	429.8M	440.6M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	7.6%	2.7%
Avg	-	3.7%	0.7%
Low	-	-3.0%	-4.2%

EPS Forecast

EPS	2024	2025	2026
High	0.47	0.62	0.65
Avg	0.45	0.42	0.53
Low	0.41	0.26	0.40

EPS Growth

EPS Growth	2024	2025	2026
High	-77.6%	38.3%	56.7%
Avg	-78.8%	-7.3%	27.7%
Low	-80.5%	-40.9%	-3.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.