Urban Edge Properties (UE)
NYSE: UE · IEX Real-Time Price · USD
16.58
-0.14 (-0.84%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Urban Edge Properties Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for UE stock have an average target of 16.67, with a low estimate of 14 and a high estimate of 18. The average target predicts an increase of 0.54% from the current stock price of 16.58.
Analyst Consensus: Hold
* Price targets were last updated on Dec 21, 2023.
Analyst Ratings
The average analyst rating for UE stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell → Hold Upgrades $14 → $18 | Sell → Hold | Upgrades | $14 → $18 | +8.56% | Dec 21, 2023 |
| Evercore ISI Group | Evercore ISI Group | Buy → Hold Downgrades $18 | Buy → Hold | Downgrades | $18 | +8.56% | Nov 27, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Reiterates $14 | Sell | Reiterates | $14 | -15.56% | Jul 11, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $14 → $15 | Sell | Maintains | $14 → $15 | -9.53% | Aug 29, 2022 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $16 → $14 | Sell | Maintains | $16 → $14 | -14.05% | Jul 15, 2022 |
Financial Forecast
Revenue This Year
437.58M
from 416.92M
Increased by 4.95%
Revenue Next Year
452.39M
from 437.58M
Increased by 3.38%
EPS This Year
0.33
from 2.11
Decreased by -84.38%
EPS Next Year
0.43
from 0.33
Increased by 30.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 454.3M | 467.2M | 471.0M |
| Avg | 437.6M | 452.4M | 462.0M |
| Low | 408.7M | 424.8M | 439.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.0% | 6.8% | 4.1% |
| Avg | 5.0% | 3.4% | 2.1% |
| Low | -2.0% | -2.9% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.49 | 0.58 | 0.63 |
| Avg | 0.33 | 0.43 | 0.62 |
| Low | 0.21 | 0.32 | 0.59 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -76.6% | 75.2% | 46.8% |
| Avg | -84.4% | 30.2% | 44.0% |
| Low | -90.2% | -1.9% | 37.0% |
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.