Urban Edge Properties with ticker code (UE) now have 4 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 25 and 14 suggesting an average Analsyt target price of $19.25. Given that the stocks previous close was at $14.41 and the analysts are correct then there would likely be a percentage uptick in value of 33.6%. The 50 day MA is $14.91 and the 200 day moving average is $14.99. The company has a market capitalization of $1,740m. Find out more information at: https://www.uedge.com
The potential market cap would be $2,324m based on the market consensus.
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.
The company has a dividend yield of 4.51% with the ex dividend date set at 14-6-2023 (DMY).
Other points of data to note are a P/E ratio of 36.41, revenue per share of 3.39 and a 2.31% return on assets.
