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Urban Edge Properties (NYSE: UE) closed the day trading at $20.34 down -2.21% from the previous closing price of $20.80. In other words, the price has decreased by -$2.21 from its previous closing price. On the day, 1.51 million shares were traded. UE stock price reached its highest trading level at $20.95 during the session, while it also had its lowest trading level at $20.27.
Ratios:
For a better understanding of UE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.90. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 1.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on December 21, 2023, Upgraded its rating to Equal-Weight and sets its target price to $18 from $14 previously.
On November 27, 2023, Evercore ISI Downgraded its rating to In-line which previously was Outperform but kept the price unchanged to $18.
On September 23, 2021, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $24.Wolfe Research initiated its Outperform rating on September 23, 2021, with a $24 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 11 ’24 when Olson Jeffrey S sold 240,000 shares for $22.45 per share. The transaction valued at 5,388,000 led to the insider holds 1,931 shares of the business.
Jeffrey S. Olson bought 240,000 shares of UE for $5,378,400 on Dec 11 ’24. On Dec 04 ’24, another insider, Olson Jeffrey S, who serves as the Chairman of the Board & CEO of the company, sold 188,733 shares for $22.81 each. As a result, the insider received 4,304,169 and left with 1,931 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UE now has a Market Capitalization of 2750659584 and an Enterprise Value of 4128953088. As of this moment, Urban’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.11, and their Forward P/E ratio for the next fiscal year is 50.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.02 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 9.488 whereas that against EBITDA is 17.686.
Stock Price History:
Over the past 52 weeks, UE has reached a high of $23.85, while it has fallen to a 52-week low of $15.81. The 50-Day Moving Average of the stock is -9.16%, while the 200-Day Moving Average is calculated to be 2.71%.
Shares Statistics:
Over the past 3-months, UE traded about 858.98K shares per day on average, while over the past 10 days, UE traded about 815820 shares per day. A total of 124.87M shares are outstanding, with a floating share count of 124.76M. Insiders hold about 0.09% of the company’s shares, while institutions hold 94.78% stake in the company. Shares short for UE as of 1734048000 were 3045150 with a Short Ratio of 3.55, compared to 1731628800 on 2884873. Therefore, it implies a Short% of Shares Outstanding of 3045150 and a Short% of Float of 4.24.
Dividends & Splits
UE’s forward annual dividend rate is 0.68, up from 0.67 a year ago. Against a Trailing Annual Dividend Yield of 0.032211542The stock’s 5-year Average Dividend Yield is 3.89.