The stock of Urban Edge Properties (NYSE:UE) last traded at $19.03, up 0.26% from the previous session.
UE stock price is now 2.93% away from the 50-day moving average and -5.94% away from the 200-day moving average. The market capitalization of the company currently stands at $2.52B.
With the price target enhanced from $14 to $18, Morgan Stanley Upgraded its rating from Underweight to Equal-Weight for Urban Edge Properties (NYSE: UE). On November 27, 2023, Evercore ISI Downgraded its previous ‘Outperform’ rating to ‘In-line’ on the stock keeping its target price maintained at $18, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, Milton Robert C, General Counsel and Secretary sold 26,000 shares of the company’s stock on May 13 ’25. The stock was sold for $488,405 at an average price of $18.78. Upon completion of the transaction, the General Counsel and Secretary now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On May 12 ’25, Officer- General Counsel Robert Milton bought 27,000 shares of the business’s stock. A total of $500,000 was incurred on buying the stock at an average price of $18.52. A total of 0.10% of the company’s stock is owned by insiders.
During the past 12 months, Urban Edge Properties has had a low of $15.66 and a high of $23.83. As of last week, the company has a debt-to-equity ratio of 1.48, a current ratio of 5.64, and a quick ratio of 5.64. According to the stock market information, the enterprise value for the company is $4090296576, which is based on a 30.25 price-to-earnings ratio, a 2.37 price-to-earnings-growth ratio, and a beta of 1.25. The fifty day moving average price for UE is $18.488 and a two-hundred day moving average price translates $20.237 for the stock.
The latest earnings results from Urban Edge Properties (NYSE: UE) was released for 2025-03-31. The net profit margin was 17.22% and return on equity was 6.48% for UE. The company reported revenue of $118.17 million for the quarter, compared to $109.63 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.79 percent.
