Urban Edge Properties (UE)
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]
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 StatementsAnalyst 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.
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.
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...
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.
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...
Urban Edge Properties Reports Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports Third Quarter 2024 Results.
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, ...
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.
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...
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...
Urban Edge Properties Reports Second Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports Second Quarter 2024 Results.
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.
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...
Urban Edge Properties Announces Release of 2023 Corporate Responsibility Report
NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Announces Release of 2023 Corporate Responsibility Report.
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.
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...
Urban Edge Properties Reports First Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports First Quarter 2024 Results.
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...
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.
Urban Edge Properties (UE) Q4 2023 Earnings Call Transcript
Urban Edge Properties (UE) Q4 2023 Earnings Call Transcript
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.
Urban Edge Properties Announces Tax Treatment of 2023 Dividend Distributions
NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Announces Tax Treatment of 2023 Dividend Distributions.
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...
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.
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,...
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.