Press coverage about Urban Edge Properties (NYSE:UE) has trended somewhat positive on Saturday, according to Alpha One Sentiment. Alpha One, a subsidiary of Accern, rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Urban Edge Properties earned a media sentiment score of 0.16 on Alpha One’s scale. Alpha One also gave news stories about the real estate investment trust an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected AlphaOne Sentiment’s scoring:
Urban Edge Properties (NYSE:UE) traded down 0.97% during mid-day trading on Friday, hitting $25.58. 4,936,711 shares of the stock were exchanged. Urban Edge Properties has a 1-year low of $24.10 and a 1-year high of $30.29. The company has a market capitalization of $2.55 billion, a PE ratio of 28.14 and a beta of 0.62. The stock has a 50 day moving average price of $26.40 and a 200 day moving average price of $26.91.
Urban Edge Properties (NYSE:UE) last released its quarterly earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.33 EPS for the quarter, meeting analysts’ consensus estimates of $0.33. The business earned $126.06 million during the quarter, compared to analyst estimates of $86.54 million. Urban Edge Properties had a return on equity of 18.08% and a net margin of 26.92%. On average, equities analysts anticipate that Urban Edge Properties will post $0.81 earnings per share for the current fiscal year.
A number of analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Urban Edge Properties from a “buy” rating to a “hold” rating in a report on Wednesday, April 19th. Evercore ISI downgraded shares of Urban Edge Properties from a “hold” rating to an “underperform” rating in a report on Friday, March 3rd.
Urban Edge Properties Company Profile
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.