UE - Urban Edge Properties Stock Price, Fair Value and News

17.30USD+0.14 (+0.82%)Market Closed

Market Summary

USD17.30+0.14

Market Closed

0.82%

UE Alerts

Big jump in Earnings (Y/Y)

UE Stock Price

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UE RSI Chart

UE Valuation

Market Cap

2.1B

Price/Earnings (Trailing)

7.61

Price/Sales (Trailing)

4.81

EV/EBITDA

4.02

Price/Free Cashflow

13.13

UE Price/Sales (Trailing)

UE Profitability

EBT Margin

70.29%

Return on Equity

22.11%

Return on Assets

8.41%

Free Cashflow Yield

7.61%

UE Fundamentals

UE Revenue

Revenue (TTM)

427.1M

Rev. Growth (Yr)

10.24%

Rev. Growth (Qtr)

-5.97%

UE Earnings

Earnings (TTM)

270.2M

Earnings Growth (Yr)

113.62%

Earnings Growth (Qtr)

-98.82%

Breaking Down UE Revenue

Last 7 days

1.3%

Last 30 days

6.3%

Last 90 days

-1.3%

Trailing 12 Months

21.8%

How does UE drawdown profile look like?

UE Financial Health

Debt/Equity

1.38

Debt/Cashflow

0.09

UE Investor Care

Dividend Yield

3.7%

Dividend/Share (TTM)

0.64

Shares Dilution (1Y)

1.06%

Diluted EPS (TTM)

2.3

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	427.1M	0	0	0
2023	397.2M	398.4M	401.9M	416.9M
2022	429.6M	433.5M	424.9M	397.9M
2021	332.4M	352.8M	383.8M	425.1M
2020	383.3M	354.1M	338.7M	330.1M
2019	412.8M	413.6M	392.6M	387.6M
2018	380.0M	392.5M	410.6M	414.2M
2017	369.0M	379.0M	393.1M	407.0M
2016	322.2M	323.0M	323.1M	326.0M
2015	316.8M	318.7M	322.1M	322.9M
2014	351.2M	339.3M	327.5M	315.7M
2013	0	0	0	363.0M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Urban Edge Properties

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 06, 2024	rice catherine	acquired	119,999	17.055	7,036	-
Mar 12, 2024	milton robert c. iii	sold	-448,103	17.0168	-26,333	general counsel and secretary
Mar 11, 2024	milton robert c. iii	acquired	-	-	26,333	general counsel and secretary
Feb 12, 2024	drazin andrea rosenthal	sold (taxes)	-17,289	17.66	-979	chief accounting officer
Feb 09, 2024	drazin andrea rosenthal	acquired	99,994	17.445	5,732	chief accounting officer
Jan 02, 2024	o'shea kevin p.	acquired	16,612	18.235	911	-
May 03, 2023	rice catherine	acquired	120,000	14.47	8,293	-
Mar 15, 2023	rice catherine	acquired	116,427	13.94	8,352	-
Feb 21, 2023	drazin andrea rosenthal	sold (taxes)	-1,115	15.495	-72.00	chief accounting officer
Feb 17, 2023	milton robert c. iii	sold	-316,660	15.833	-20,000	general counsel and secretary

Which funds bought or sold UE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	PNC Financial Services Group, Inc.	reduced	-0.23	-6,894	110,976	-%
May 10, 2024	OSAIC HOLDINGS, INC.	reduced	-54.53	-16,024	12,055	-%
May 10, 2024	Hillsdale Investment Management Inc.	unchanged	-	-330	5,526	-%
May 10, 2024	JPMORGAN CHASE & CO	reduced	-0.54	-613,655	9,385,210	-%
May 10, 2024	PRINCIPAL SECURITIES, INC.	new	-	1,261	1,261	-%
May 10, 2024	BlackRock Inc.	reduced	-1.32	-27,015,700	366,259,000	0.01%
May 10, 2024	Greenland Capital Management LP	reduced	-59.88	-3,638,770	2,217,230	0.25%
May 10, 2024	McIlrath & Eck, LLC	added	84.17	1,621	3,817	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	7.4	13,670	1,024,060	-%
May 10, 2024	VANGUARD GROUP INC	added	1.04	-15,603,100	320,302,000	0.01%

Are Funds Buying or Selling UE?

Are funds buying UE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own UE

No. of Funds

UE Alerts

Big jump in Earnings (Y/Y)

Unveiling Urban Edge Properties's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	15.60%	18,355,495	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 30, 2024	state street corp	6.31%	7,422,379	SC 13G/A
Jan 19, 2024	blackrock inc.	18.3%	21,490,424	SC 13G/A
Mar 10, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 09, 2023	vanguard group inc	15.86%	18,629,495	SC 13G/A
Feb 08, 2023	invesco ltd.	0.5%	566,839	SC 13G/A
Feb 03, 2023	state street corp	6.14%	7,206,589	SC 13G/A
Jan 24, 2023	blackrock inc.	18.1%	21,212,975	SC 13G/A

Recent SEC filings of Urban Edge Properties

View All Filings

Date Filed	Form Type	Document
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
May 06, 2024	8-K	Current Report

Peers (Alternatives to Urban Edge Properties)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	86.4B	11.2B	3.28%	-7.59%	43.79	7.71	3.63%	50.79%
CCI	43.5B	6.8B	3.45%	-14.26%	31.18	6.35	-2.39%	-16.60%
AVB	28.0B	2.8B	7.19%	9.33%	29.32	9.98	5.72%	-6.47%
ARE	21.1B	3.0B	-0.89%	1.08%	107.56	7.15	10.44%	-73.79%
AMH	13.2B	-	1.07%	2.60%	31.17	8.11	8.93%	11.87%
REG	11.0B	1.4B	2.24%	2.17%	29.57	8.08	10.48%	-2.93%
BXP	9.9B	3.3B	3.53%	29.60%	51.27	2.98	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	2.74%	12.10%	35.66	7.39	5.48%	-38.69%
SLG	3.4B	892.3M	3.59%	153.70%	-6.72	3.85	-5.33%	-307.54%
MAC	3.3B	878.0M	-3.54%	65.00%	-9.78	3.81	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	7.22%	18.58%	19.75	3.05	3.54%	8.91%
AIV	1.2B	198.2M	0.25%	-4.47%	-7.42	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	0.56%	5.89%	35.97	1.69	27.93%	140.31%
NYMT	561.1M	285.4M	-11.89%	-36.73%	-4.07	1.97	11.05%	83.70%
IVR	451.1M	277.2M	9.09%	-13.40%	-55.02	1.63	25.89%	94.64%

Urban Edge Properties News

Latest updates

Urban Edge Properties Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-6.0%	110	117	102	99.00	99.00	102	98.00	98.00	100	129	107	94.00	96.00	87.00	76.00	74.00	93.00	96.00	91.00	103	98.00
Operating Expenses	11.0%	88.00	80.00	72.00	70.00	104	72.00	71.00	71.00	76.00	71.00	68.00	66.00	72.00	77.00	63.00	71.00	66.00	78.00	62.00	71.00	73.00
S&GA Expenses	-100.0%	-	9.00	9.00	10.00	9.00	11.00	10.00	11.00	11.00	11.00	10.00	9.00	9.00	12.00	9.00	18.00	10.00	9.00	8.00	10.00	11.00
EBITDA Margin	6.0%	1.16*	1.09*	0.57*	0.44*	0.44*	0.51*	0.55*	0.58*	0.58*	0.61*	0.56*	0.50*	-	-	-	-	-	-	-	-	-
Interest Expenses	-4.8%	18.00	19.00	21.00	15.00	15.00	14.00	14.00	14.00	13.00	14.00	14.00	14.00	16.00	15.00	16.00	21.00	16.00	16.00	16.00	16.00	16.00
Income Taxes	6750.0%	1.00	-0.01	17.00	0.00	1.00	1.00	1.00	1.00	1.00	0.00	1.00	-0.03	0.00	-25.89	0.00	-13.66	0.00	0.00	0.00	1.00	0.00
Earnings Before Taxes	-98.7%	3.00	232	55.00	11.00	-19.44	15.00	12.00	13.00	10.00	44.00	31.00	13.00	21.00	-6.15	-5.37	19.00	51.00	4.00	57.00	29.00	28.00
EBT Margin	5.5%	0.70*	0.67*	0.15*	0.05*	0.05*	0.13*	0.19*	0.23*	0.23*	0.26*	0.15*	0.06*	-	-	-	-	-	-	-	-	-
Net Income	-98.8%	3.00	221	36.00	10.00	-19.12	14.00	11.00	12.00	9.00	42.00	28.00	13.00	20.00	19.00	-5.60	31.00	49.00	3.00	54.00	27.00	26.00
Net Income Margin	6.1%	0.63*	0.60*	0.10*	0.04*	0.04*	0.12*	0.18*	0.21*	0.21*	0.24*	0.21*	0.13*	-	-	-	-	-	-	-	-	-
Free Cashflow	-61.9%	23.00	60.00	34.00	39.00	29.00	41.00	38.00	36.00	25.00	42.00	40.00	35.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.0%	3,214	3,280	2,882	2,903	2,924	2,977	2,961	2,970	2,961	2,985	2,882	2,866	2,877	2,940	3,134	3,125	3,144	2,846	2,874	2,858	2,874
Cash Equivalents	-33.4%	67.00	101	51.00	49.00	62.00	86.00	108	125	152	164	269	321	325	385	646	616	623	433	442	412	417
Liabilities	-3.2%	1,992	2,058	1,875	1,917	1,931	1,947	1,929	1,933	1,920	1,937	1,867	1,867	1,876	1,944	2,110	2,098	2,145	1,832	1,838	1,849	1,868
Long Term Debt	-	-	-	-	-	-	1,692	-	-	-	1,687	-	-	-	1,588	-	-	-	1,546	1,547	1,549	1,549
Shareholder's Equity	0.1%	1,222	1,221	1,007	986	992	1,030	1,032	1,037	1,041	1,048	1,015	999	1,001	996	1,024	1,027	998	1,015	1,036	1,010	1,006
Retained Earnings	-12.8%	120	137	-65.29	-82.59	-74.03	-36.10	-30.98	-23.57	-16.40	-7.09	-31.97	-42.16	-37.15	-39.47	-4.59	1.00	-30.24	-52.55	-29.22	-56.58	-56.66
Additional Paid-In Capital	1.1%	1,023	1,012	1,013	1,013	1,011	1,011	1,006	1,003	1,001	1,001	997	990	988	990	987	985	986	1,019	1,016	1,015	1,005
Shares Outstanding	0%	118	118	117	117	118	117	117	117	117	117	117	117	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,900	-	-	-	1,900	-	-	-	2,200	-	-	-	1,400	-	-	-	2,100	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-61.9%	22,922	60,163	34,403	39,027	29,422	40,946	37,696	36,455	24,521	42,136	39,552	34,760	18,825	37,993	32,852	21,181	20,796	40,807	38,756	47,410	29,427
Share Based Compensation	35.4%	2,421	1,788	1,814	2,202	2,007	2,809	2,580	2,500	2,597	2,601	2,809	2,726	2,683	2,531	2,604	8,611	3,248	3,280	3,310	3,295	3,664
Cashflow From Investing	-41.9%	-44,302	-31,227	-30,021	-33,657	-22,797	-41,054	-26,892	-60,949	-23,018	-244,648	-70,359	-11,551	15,398	-42,464	-7,096	-4,632	-44,268	-62,576	72,465	-3,916	-8,494
Cashflow From Financing	-185.8%	-57,817	67,388	-19,884	-23,130	-24,213	-23,509	-29,734	-2,212	-23,312	99,556	-25,434	-21,096	-76,556	-247,272	5,405	-19,357	180,979	-29,441	-38,474	-28,683	-29,667
Dividend Payments	7.3%	20,180	18,805	18,803	18,794	18,790	18,776	18,776	18,774	18,773	17,557	17,556	17,537	71,348	-	-	-	26,647	26,674	26,646	26,453	26,390
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-27,029	54,100	38,656	-	-	-	-

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UE Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUE
Total revenue	$ 109,626,000	$ 99,441,000
EXPENSES
Depreciation and amortization	38,574,000	25,084,000
Real estate taxes	17,003,000	15,677,000
Property operating	20,506,000	17,426,000
General and administrative	9,046,000	9,058,000
Real estate impairment loss	0	34,055,000
Lease expense	3,128,000	3,155,000
Total expenses	88,257,000	104,455,000
Gain on sale of real estate	1,902,000	356,000
Interest income	688,000	511,000
Interest and debt expense	(20,577,000)	(15,293,000)
Loss on extinguishment of debt	(272,000)	0
Income (loss) before income taxes	3,110,000	(19,440,000)
Income tax expense	(665,000)	(706,000)
Net income (loss)	2,445,000	(20,146,000)
Less net (income) loss attributable to NCI in:
Operating partnership	(118,000)	788,000
Consolidated subsidiaries	276,000	240,000
Net income (loss) attributable to common shareholders	$ 2,603,000	$ (19,118,000)
Earnings (loss) per common share - Basic (in dollars per share)	$ 0.02	$ (0.16)
Earnings (loss) per common share - Diluted (in dollars per share)	$ 0.02	$ (0.16)
Weighted average shares outstanding - Basic (in shares)	118,072	117,450
Weighted average shares outstanding - Diluted (in shares)	122,814	117,450
Net income (loss)	$ 2,445,000	$ (20,146,000)
Effective portion of change in fair value of derivatives	293,000	(300,000)
Comprehensive income (loss)	2,738,000	(20,446,000)
Less comprehensive income (loss) attributable to NCI in Operating partnership	(14,000)	12,000
Less net (income) loss attributable to NCI in Operating partnership	(118,000)	788,000
Less net (income) loss attributable to NCI in Consolidated subsidiaries	276,000	240,000
Comprehensive income (loss) attributable to common shareholders	2,882,000	(19,406,000)
Rental Revenue
REVENUE
Revenues	109,547,000	99,354,000
Other income
REVENUE
Revenues	79,000	87,000
Urban Edge Properties LP
REVENUE
Total revenue	109,626,000	99,441,000
EXPENSES
Depreciation and amortization	38,574,000	25,084,000
Real estate taxes	17,003,000	15,677,000
Property operating	20,506,000	17,426,000
General and administrative	9,046,000	9,058,000
Real estate impairment loss	0	34,055,000
Lease expense	3,128,000	3,155,000
Total expenses	88,257,000	104,455,000
Gain on sale of real estate	1,902,000	356,000
Interest income	688,000	511,000
Interest and debt expense	(20,577,000)	(15,293,000)
Loss on extinguishment of debt	(272,000)	0
Income (loss) before income taxes	3,110,000	(19,440,000)
Income tax expense	(665,000)	(706,000)
Net income (loss)	2,445,000	(20,146,000)
Less net (income) loss attributable to NCI in:
Consolidated subsidiaries	276,000	240,000
Net income (loss) attributable to common shareholders	$ 2,721,000	$ (19,906,000)
Earnings (loss) per common share - Basic (in dollars per share)	$ 0.02	$ (0.16)
Earnings (loss) per common share - Diluted (in dollars per share)	$ 0.02	$ (0.16)
Weighted average shares outstanding - Basic (in shares)	122,646	121,752
Weighted average shares outstanding - Diluted (in shares)	122,814	121,752
Net income (loss)	$ 2,445,000	$ (20,146,000)
Effective portion of change in fair value of derivatives	293,000	(300,000)
Comprehensive income (loss)	2,738,000	(20,446,000)
Less net (income) loss attributable to NCI in Consolidated subsidiaries	276,000	240,000
Comprehensive income (loss) attributable to common shareholders	3,014,000	(20,206,000)
Urban Edge Properties LP \| Rental Revenue
REVENUE
Revenues	109,547,000	99,354,000
Urban Edge Properties LP \| Other income
REVENUE
Revenues	$ 79,000	$ 87,000

UE Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Real estate, at cost:
Land	$ 645,435	$ 635,905
Buildings and improvements	2,692,470	2,678,076
Construction in progress	254,525	262,275
Furniture, fixtures and equipment	10,200	9,923
Total	3,602,630	3,586,179
Accumulated depreciation and amortization	(837,790)	(819,243)
Real estate, net	2,764,840	2,766,936
Operating lease right-of-use assets	50,711	56,988
Cash and cash equivalents	67,303	101,123
Restricted cash	27,748	73,125
Tenant and other receivables	16,373	14,712
Receivable arising from the straight-lining of rents	60,062	60,775
Identified intangible assets, net of accumulated amortization of $55,976 and $51,399, respectively	110,486	113,897
Deferred leasing costs, net of accumulated amortization of $21,074 and $21,428, respectively	27,333	27,698
Prepaid expenses and other assets	89,209	64,555
Total assets	3,214,065	3,279,809
Liabilities:
Mortgages payable, net	1,525,345	1,578,110
Unsecured credit facility	153,000	153,000
Operating lease liabilities	47,639	53,863
Accounts payable, accrued expenses and other liabilities	97,385	102,997
Identified intangible liabilities, net of accumulated amortization of $46,397 and $46,610, respectively	168,313	170,411
Total liabilities	1,991,682	2,058,381
Commitments and contingencies (Note 10)
Shareholders’ equity:
Common shares: $0.01 par value; 500,000,000 shares authorized and 118,815,093 and 117,652,656 shares issued and outstanding, respectively	1,186	1,175
Additional paid-in capital	1,022,710	1,011,942
Accumulated other comprehensive income	739	460
Accumulated earnings	119,513	137,113
Noncontrolling interests:
Operating partnership	63,128	55,355
Consolidated subsidiaries	15,107	15,383
Total equity	1,222,383	1,221,428
Total liabilities and equity	$ 3,214,065	$ 3,279,809

About Urban Edge Properties

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 17.2 million square feet of gross leasable area.

CEO	Mr. Jeffrey S. Olson
WEBSITE	uedge.com
INDUSTRY	REIT Mortgage
EMPLOYEES	115

Urban Edge Properties Frequently Asked Questions

What is the ticker symbol for Urban Edge Properties? What does UE stand for in stocks?

UE is the stock ticker symbol of Urban Edge Properties. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Urban Edge Properties (UE)?

As of Mon May 13 2024, market cap of Urban Edge Properties is 2.06 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of UE stock?

You can check UE's fair value in chart for subscribers.

What is the fair value of UE stock?

You can check UE's fair value in chart for subscribers. The fair value of Urban Edge Properties is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Urban Edge Properties is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for UE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Urban Edge Properties a good stock to buy?

The fair value guage provides a quick view whether UE is over valued or under valued. Whether Urban Edge Properties is cheap or expensive depends on the assumptions which impact Urban Edge Properties's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for UE.

What is Urban Edge Properties's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, UE's PE ratio (Price to Earnings) is 7.61 and Price to Sales (PS) ratio is 4.81. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. UE PE ratio will change depending on the future growth rate expectations of investors.