Urban Edge Properties (UE)

NYSE: UE · Real-Time Price · USD
21.57
+0.29 (1.36%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.36%
Market Cap 2.84B
Revenue (ttm) 435.18M
Net Income (ttm) 263.46M
Shares Out 131.77M
EPS (ttm) 2.20
PE Ratio 9.78
Forward PE 43.14
Dividend $0.68 (3.15%)
Ex-Dividend Date Dec 13, 2024
Volume 2,529,827
Open 21.28
Previous Close 21.28
Day's Range 21.28 - 21.91
52-Week Range 15.81 - 23.85
Beta 1.56
Analysts Hold
Price Target 20.00 (-7.28%)
Earnings Date Feb 12, 2025

About UE

Urban Edge Properties is a NYSE listed real estate investment trust focused on owning, managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the Washington, D.C. to Boston corridor. Urban Edge owns 76 properties totaling 17.1 million square feet of gross leasable area. [Read more]

Industry REIT - Retail
Sector Real Estate
Founded 2014
Employees 109
Stock Exchange NYSE
Ticker Symbol UE
Full Company Profile

Financial Performance

In 2023, Urban Edge Properties's revenue was $406.92 million, an increase of 2.26% compared to the previous year's $397.94 million. Earnings were $248.30 million, an increase of 438.06%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for UE stock is "Hold." The 12-month stock price forecast is $20.0, which is a decrease of -7.28% from the latest price.

Price Target
$20.0
(-7.28% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Urban Edge Properties Invites You to Join Its Fourth Quarter 2024 Earnings Conference Call

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its Fourth Quarter 2024 Earnings Conference Call.

16 days ago - Business Wire

Urban Edge Properties: Improving Quality But High Valuation

Urban Edge has delivered over 47% total returns since November 2023, with a current forward yield of 2.89% and a P/FFO multiple of 17.63x. Looking at UE stock, I question the relative valuation compar...

5 weeks ago - Seeking Alpha

Urban Edge Properties Declares a Quarterly Common Dividend of $0.17 per Share

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Declares a Quarterly Common Dividend of $0.17 per Share.

6 weeks ago - Business Wire

Urban Edge Properties (UE) Q3 2024 Earnings Call Transcript

Urban Edge Properties (NYSE:UE) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Areeba Ahmed - Investor Relations Associate Jeffrey Olson - Chairman & Chief Executiv...

7 weeks ago - Seeking Alpha

Urban Edge Properties Reports Third Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports Third Quarter 2024 Results.

7 weeks ago - Business Wire

Urban Edge Properties: A Small-Cap REIT Poised To Benefit From Lower Interest Rates

Urban Edge Properties, a small-cap REIT focused on shopping centers, is poised for growth due to lower interest rates and strong fundamentals. UE's solid performance includes a 13.81% stock increase, ...

2 months ago - Seeking Alpha

Urban Edge Properties Invites You to Join Its Third Quarter 2024 Earnings Conference Call

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its Third Quarter 2024 Earnings Conference Call.

3 months ago - Business Wire

Shopping Center REITs Are Hot: Pick A Winner

The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior gro...

Other symbols: AKRALEXBFSBRXCTOFRTIVT
3 months ago - Seeking Alpha

Urban Edge Properties (UE) Q2 2024 Earnings Call Transcript

Urban Edge Properties (NYSE:UE) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Areeba Ahmed - IR Associate Jeffrey Olson - Chairman & CEO Jeffrey Mooallem - COO Mark L...

5 months ago - Seeking Alpha

Urban Edge Properties Reports Second Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports Second Quarter 2024 Results.

5 months ago - Business Wire

Urban Edge Properties Named One of New Jersey's Best Places to Work by NJBIZ for Third Consecutive Year

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Named One of New Jersey's Best Places to Work by NJBIZ for Third Consecutive Year.

5 months ago - Business Wire

Urban Edge Properties: An Undercovered REIT Gem That Should Be On Your Radar

Urban Edge Properties is a shopping center REIT focused on the corridor between Washington D.C. and Boston, with strong growth potential. The REIT achieved impressive growth through acquisitions at at...

6 months ago - Seeking Alpha

Urban Edge Properties Announces Release of 2023 Corporate Responsibility Report

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Announces Release of 2023 Corporate Responsibility Report.

6 months ago - Business Wire

Urban Edge Properties Invites You to Join Its Second Quarter 2024 Earnings Conference Call

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its Second Quarter 2024 Earnings Conference Call.

6 months ago - Business Wire

Urban Edge Properties (UE) Q1 2024 Earnings Call Transcript

Urban Edge Properties (NYSE:UE) Q1 2024 Earnings Conference Call May 7, 2024 8:30 AM ET Company Participants Areeba Ahmed - Investor Relations Associate Jeffrey Olson - Chairman & Chief Executive Off...

8 months ago - Seeking Alpha

Urban Edge Properties Reports First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports First Quarter 2024 Results.

8 months ago - Business Wire

Sector Spotlight: Retail Could Break Out In 2024

Retail REIT share prices have declined more than the overall REIT sector, presenting a potential investment opportunity. The Marcus & Millichap 2024 Retail Forecast highlights job growth, migration pa...

Other symbols: IVTMMIWSR
9 months ago - Seeking Alpha

Urban Edge Properties Invites You to Join Its First Quarter 2024 Earnings Conference Call

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its First Quarter 2024 Earnings Conference Call.

9 months ago - Business Wire

Urban Edge Properties (UE) Q4 2023 Earnings Call Transcript

Urban Edge Properties (UE) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

Urban Edge Properties Reports Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports Fourth Quarter and Full Year 2023 Results.

11 months ago - Business Wire

Urban Edge Properties Announces Tax Treatment of 2023 Dividend Distributions

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Announces Tax Treatment of 2023 Dividend Distributions.

1 year ago - Business Wire

Urban Edge: Pick Up This Real Estate Gem While It's Undervalued

Urban Edge is a quality real estate pick that's given market-beating returns over the past year. The company benefits from its locations in population-dense first-ring suburbs of metro New York City a...

1 year ago - Seeking Alpha

Urban Edge Properties Announces Fourth Quarter New Leasing Activity and Asset Sales

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Announces Fourth Quarter New Leasing Activity and Asset Sales.

1 year ago - Business Wire

Hot Potatoes: 6 Potentially Overpriced REITs Yielding Less Than 5%

After the brutal sell-off of the last two years, REITs are poised for a surge. However, this upswing will not benefit all REITs equally. Cautious investors can now get about 5% with little or no risk,...

1 year ago - Seeking Alpha

Urban Edge Properties Invites You to Join Its Fourth Quarter 2023 Earnings Conference Call

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its Fourth Quarter 2023 Earnings Conference Call.

1 year ago - Business Wire