Urban Edge Properties (UE) Earns Media Sentiment Score of 0.05
Media coverage about Urban Edge Properties (NYSE:UE) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Urban Edge Properties earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 47.163785701725 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Urban Edge Properties (UE) traded up $0.10 during mid-day trading on Friday, reaching $25.28. 268,868 shares of the company were exchanged, compared to its average volume of 496,071. Urban Edge Properties has a fifty-two week low of $23.13 and a fifty-two week high of $28.90. The company has a market capitalization of $2,865.92, a price-to-earnings ratio of 18.93 and a beta of 0.55. The company has a debt-to-equity ratio of 1.36, a current ratio of 7.58 and a quick ratio of 7.58.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date is Thursday, December 14th. Urban Edge Properties’s dividend payout ratio (DPR) is currently 90.72%.
UE has been the topic of a number of research reports. 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. Capital One Financial Corporation reaffirmed an “equal weight” rating on shares of Urban Edge Properties in a research report on Wednesday, November 1st. TheStreet raised shares of Urban Edge Properties from a “d” rating to a “c-” rating in a research report on Monday, November 6th. Finally, Evercore ISI lowered shares of Urban Edge Properties from an “in-line” rating to an “underperform” rating and set a $25.00 target price on the stock. in a research report on Monday, August 14th. Two analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $25.00.
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About Urban Edge Properties
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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