Urban Edge Properties (NYSE:UE) Shares Cross Above Fifty Day Moving Average - Here's What Happened

Key Points

• Shares of Urban Edge Properties crossed above its 50-day moving average of $20.28, trading as high as $20.53 and last at $20.2450 on a volume of 1,074,503 shares.
• The company raised its quarterly dividend to $0.21 (annualized $0.84), a 4.1% yield with an ex-dividend date of March 13, while the dividend payout ratio stands at 112%.
• Analysts maintain a consensus “Hold” rating with a $22 consensus target; the latest quarter missed EPS expectations ($0.10 vs $0.36) despite a revenue beat, and FY2026 guidance of $1.470–1.520 EPS compares with analysts' ~1.4 estimate.

Urban Edge Properties (NYSE:UE - Get Free Report)'s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $20.28 and traded as high as $20.53. Urban Edge Properties shares last traded at $20.2450, with a volume of 1,074,503 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Weiss Ratings raised Urban Edge Properties from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, February 26th. UBS Group decreased their target price on Urban Edge Properties from $21.00 to $20.00 and set a "neutral" rating for the company in a research report on Thursday, January 8th. Finally, Morgan Stanley upped their target price on Urban Edge Properties from $21.00 to $22.00 and gave the stock an "equal weight" rating in a report on Monday, January 5th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $22.00.

Urban Edge Properties Stock Performance

The company has a debt-to-equity ratio of 1.17, a current ratio of 1.74 and a quick ratio of 1.74. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 26.99 and a beta of 1.02. The firm has a fifty day simple moving average of $20.28 and a two-hundred day simple moving average of $19.83.

Urban Edge Properties (NYSE:UE - Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by ($0.26). The business had revenue of $119.56 million for the quarter, compared to analysts' expectations of $103.64 million. Urban Edge Properties had a return on equity of 6.79% and a net margin of 19.82%.Urban Edge Properties has set its FY 2026 guidance at 1.470-1.520 EPS. On average, analysts expect that Urban Edge Properties will post 1.4 EPS for the current year.

Urban Edge Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Friday, March 13th. This is a positive change from Urban Edge Properties's previous quarterly dividend of $0.19. Urban Edge Properties's dividend payout ratio (DPR) is currently 112.00%.

Institutional Investors Weigh In On Urban Edge Properties

Several institutional investors and hedge funds have recently made changes to their positions in UE. Wellington Management Group LLP acquired a new position in shares of Urban Edge Properties in the 3rd quarter valued at $92,600,000. Balyasny Asset Management L.P. acquired a new position in shares of Urban Edge Properties in the fourth quarter valued at about $16,858,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Urban Edge Properties in the fourth quarter worth about $12,777,000. Hudson Bay Capital Management LP raised its stake in shares of Urban Edge Properties by 47.2% in the second quarter. Hudson Bay Capital Management LP now owns 1,949,069 shares of the real estate investment trust's stock worth $36,370,000 after purchasing an additional 624,645 shares during the last quarter. Finally, Bayhunt Capital LLC acquired a new stake in shares of Urban Edge Properties during the fourth quarter worth about $10,430,000. 94.94% of the stock is currently owned by institutional investors and hedge funds.

About Urban Edge Properties

Urban Edge Properties is a publicly traded real estate investment trust (REIT) that specializes in owning, operating and developing grocery-anchored shopping centers. The company was formed in January 2017 as a spin-off from Regency Centers Corporation, establishing an independent platform focused on urban and densely populated markets. As a fully integrated REIT, Urban Edge oversees the acquisition, financing, leasing, redevelopment and management of its retail properties.

The company's portfolio comprises predominantly open-air shopping centers anchored by national and regional supermarket operators.

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