Urban Edge Properties (UE) Expected to Announce Quarterly Earnings on Wednesday

Urban Edge Properties (NYSE:UE - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, July 30th. Analysts expect Urban Edge Properties to post earnings of $0.34 per share and revenue of $115.99 million for the quarter. Urban Edge Properties has set its FY 2025 guidance at 1.370-1.420 EPS.

Urban Edge Properties (NYSE:UE - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.01. The company had revenue of $118.17 million during the quarter, compared to analysts' expectations of $119.05 million. Urban Edge Properties had a return on equity of 5.88% and a net margin of 17.23%. On average, analysts expect Urban Edge Properties to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Urban Edge Properties Price Performance

UE traded down $0.14 on Friday, reaching $19.70. The company had a trading volume of 1,152,868 shares, compared to its average volume of 814,351. The company has a market capitalization of $2.48 billion, a P/E ratio of 30.77 and a beta of 1.18. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 1.16. The company has a fifty day moving average of $18.69 and a 200-day moving average of $19.05. Urban Edge Properties has a one year low of $15.66 and a one year high of $23.85.

Urban Edge Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a $0.19 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.76 annualized dividend and a dividend yield of 3.86%. Urban Edge Properties's dividend payout ratio (DPR) is 118.75%.

Insider Transactions at Urban Edge Properties

In related news, General Counsel Robert C. Milton sold 26,000 shares of Urban Edge Properties stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $18.78, for a total transaction of $488,280.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Urban Edge Properties

A number of hedge funds and other institutional investors have recently modified their holdings of UE. Jane Street Group LLC acquired a new position in shares of Urban Edge Properties in the 1st quarter valued at $5,076,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Urban Edge Properties by 7.2% in 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 purchasing an additional 58,350 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Urban Edge Properties by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,956 shares of the real estate investment trust's stock valued at $1,424,000 after purchasing an additional 3,276 shares during the period. Institutional investors and hedge funds own 94.94% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Urban Edge Properties from a "hold" rating to a "sell" rating in a report on Friday, July 18th.

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.