Analysts See $0.35 EPS for Urban Edge Properties (UE)

October 20, 2017 - By Maria Brooks

 Analysts See $0.35 EPS for Urban Edge Properties (UE)

Investors wait Urban Edge Properties (NYSE:UE) to report on November, 1 after the close. its quarterly earnings Wall Street analysts expect $0.35 earnings per share, up $0.03 or 9.37 % from last year’s $0.32 same quarter earnings. This translates into $39.86M profit for UE giving the stock a 17.44 P/E. This is assuming the current $0.35 EPS is accurate. Urban Edge Properties’s Wall Street analysts see 6.06 % EPS growth, taking into account the $0.33 EPS reproted in the previous quarter, About 122,630 shares traded. Urban Edge Properties (NYSE:UE) has declined 6.37% since October 20, 2016 and is downtrending. It has underperformed by 23.07% the S&P500.

Urban Edge Properties (NYSE:UE) Ratings Coverage

Among 3 analysts covering Urban Edge Properties (NYSE:UE), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Urban Edge Properties had 5 analyst reports since September 8, 2015 according to SRatingsIntel. The rating was initiated by CapitalOne on Monday, December 21 with “Equal Weight”. Evercore downgraded Urban Edge Properties (NYSE:UE) on Monday, August 14 to “Underperform” rating. Credit Suisse downgraded the stock to “Neutral” rating in Thursday, August 4 report.

Urban Edge Properties is a real estate investment trust. The company has market cap of $2.78 billion. The Firm is focused on managing, developing, redeveloping and acquiring retail real estate in urban communities, in the New York metropolitan region. It has a 24.86 P/E ratio. Urban Edge Properties LP serves as its partnership subsidiary and owns, through affiliates, all of its real estate properties and other assets.

More news for Urban Edge Properties (NYSE:UE) were recently published by: Streetinsider.com, which released: “Form 8-K Urban Edge Properties For: Oct 16” on October 18, 2017. Nasdaq.com‘s article titled: “Ex-Dividend Reminder: EastGroup Properties, Urban Edge Properties and …” and published on September 12, 2017 is yet another important article.

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