News articles about Urban Edge Properties (NYSE:UE) have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Urban Edge Properties earned a news impact score of 0.13 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 45.0711877529678 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Urban Edge Properties (UE) traded down $0.18 during mid-day trading on Friday, reaching $23.67. 321,700 shares of the company traded hands, compared to its average volume of 411,149. The firm has a market capitalization of $2,741.85, a P/E ratio of 24.40 and a beta of 0.61. Urban Edge Properties has a 1-year low of $23.13 and a 1-year high of $28.90. The company has a quick ratio of 7.58, a current ratio of 7.58 and a debt-to-equity ratio of 1.36.
Urban Edge Properties (NYSE:UE) last posted its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.20). Urban Edge Properties had a return on equity of 13.43% and a net margin of 25.53%. sell-side analysts expect that Urban Edge Properties will post 1.35 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.72%. The ex-dividend date of this dividend was Thursday, December 14th. Urban Edge Properties’s payout ratio is currently 90.72%.
Several equities analysts have recently commented on the stock. TheStreet upgraded shares of Urban Edge Properties from a “d” rating to a “c-” rating in a research report on Monday, November 6th. Capital One Financial restated an “equal weight” rating on shares of Urban Edge Properties in a research report on Wednesday, November 1st. Finally, Zacks Investment Research lowered shares of Urban Edge Properties from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. Two analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $25.00.
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Urban Edge Properties Company Profile
Urban Edge Properties is a real estate investment trust. The Company is focused on managing, developing, redeveloping and acquiring retail real estate in urban communities, in the New York metropolitan region. Urban Edge Properties LP (UELP or the Operating Partnership) serves as its partnership subsidiary and owns, through affiliates, all of its real estate properties and other assets.
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