The price of UE is predicted to go up -5.59%, based on the high correlation periods with EVI. The similarity of these two price pattern on the periods is 96.29%.

EVI

Down: -5.59%Similarity: 96.29%

UE Revenue Forecast

UE EPS Forecast

UE FAQs

What is bull’s view on UE?

Urban Edge Properties (UE) is currently trading at $19.62, entering oversold territory with an RSI of 29.6, suggesting a potential rebound opportunity. The stock offers a 3.43% dividend yield, making it attractive for income-focused investors. Analysts' average price target is $22.33, indicating a potential upside of approximately 13.8%.

What is bear's view on UE?

Urban Edge Properties (UE) currently trades at $20.35, down 1.07% from the previous close. The bearish view stems from three key factors:

Overvaluation Concerns: UE recently surpassed its average analyst target price of $22.50, suggesting limited upside potential and possible overvaluation at current levels.
Insider Selling: Significant insider selling, including CEO Jeffrey Olson's recent sale of over $5.3 million in shares, signals potential lack of confidence in the stock's near-term performance.
Declining Financial Performance: Q3 revenue and net profit declined year-over-year, with negative insider sentiment further weighing on the stock's outlook.