News stories about Urban Edge Properties (NYSE:UE) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Urban Edge Properties earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 47.8251789106587 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news articles that may have effected Accern’s rankings:

Shares of NYSE:UE opened at $22.01 on Wednesday. The company has a market capitalization of $2.61 billion, a P/E ratio of 16.43 and a beta of 0.50. The company has a debt-to-equity ratio of 1.52, a quick ratio of 7.69 and a current ratio of 7.69. Urban Edge Properties has a fifty-two week low of $19.51 and a fifty-two week high of $26.19.

Urban Edge Properties (NYSE:UE) last announced its quarterly earnings results on Wednesday, August 1st. The real estate investment trust reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.13. The business had revenue of $101.97 million for the quarter, compared to the consensus estimate of $98.47 million. Urban Edge Properties had a net margin of 19.70% and a return on equity of 7.67%. analysts forecast that Urban Edge Properties will post 1.34 EPS for the current fiscal year.

A number of research analysts have issued reports on UE shares. Zacks Investment Research upgraded shares of Urban Edge Properties from a “sell” rating to a “hold” rating in a research report on Friday, June 8th. ValuEngine downgraded shares of Urban Edge Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Three equities research analysts have rated the stock with a sell rating and one has assigned a hold rating to the stock. Urban Edge Properties presently has an average rating of “Sell” and a consensus price target of $25.00.

Urban Edge Properties Company Profile

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 88 properties totaling 16.3 million square feet of gross leasable area.

See Also: Price to Earnings Ratio (PE), For Valuing Stocks

Insider Buying and Selling by Quarter for Urban Edge Properties (NYSE:UE)

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