Urban Edge Properties (NYSE:UE) Releases FY 2025 Earnings Guidance

Key Points

• Urban Edge Properties has updated its FY 2025 earnings guidance, projecting earnings per share between $1.400 and $1.440, which aligns with the consensus estimate of $1.400.
• The company's stock was recently downgraded from a "hold" rating to a "sell" rating by Wall Street Zen.
• Urban Edge Properties declared a quarterly dividend of $0.19 per share, resulting in an annualized dividend yield of 3.81%.

Urban Edge Properties (NYSE:UE - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.400-1.440 for the period, compared to the consensus EPS estimate of 1.400. The company issued revenue guidance of -.

Urban Edge Properties Stock Down 3.3%

Shares of UE traded down $0.66 during mid-day trading on Friday, reaching $19.07. 1,994,494 shares of the stock traded hands, compared to its average volume of 1,111,477. Urban Edge Properties has a 12-month low of $15.66 and a 12-month high of $23.85. The company has a quick ratio of 2.39, a current ratio of 2.39 and a debt-to-equity ratio of 1.09. The firm has a market cap of $2.40 billion, a price-to-earnings ratio of 22.70 and a beta of 1.24. The stock has a fifty day simple moving average of $18.86 and a 200 day simple moving average of $19.03.

Urban Edge Properties (NYSE:UE - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.02. Urban Edge Properties had a net margin of 22.86% and a return on equity of 7.74%. The business had revenue of $113.91 million during the quarter, compared to the consensus estimate of $115.99 million. Sell-side analysts expect that Urban Edge Properties will post 1.4 EPS for the current fiscal year.

Urban Edge Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Friday, June 13th. Urban Edge Properties's dividend payout ratio (DPR) is presently 90.48%.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Urban Edge Properties from a "sell" rating to a "hold" rating in a research note on Saturday.

Insider Buying and Selling

In other Urban Edge Properties news, General Counsel Robert C. Milton sold 26,000 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $18.78, for a total value of $488,280.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 2.40% of the company's stock.

Institutional Trading of Urban Edge Properties

Several institutional investors and hedge funds have recently bought and sold shares of UE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Urban Edge Properties by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,956 shares of the real estate investment trust's stock worth $1,424,000 after buying an additional 3,276 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Urban Edge Properties by 7.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 871,958 shares of the real estate investment trust's stock valued at $16,567,000 after acquiring an additional 58,350 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Urban Edge Properties during the 1st quarter valued at about $5,076,000. Institutional investors and hedge funds own 94.94% of the company's stock.

Urban Edge Properties Company Profile

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, DC to Boston corridor. Urban Edge owns 76 properties totaling 17.1 million square feet of gross leasable area.