Urban Edge Properties Company Profile (NYSE:UE)

About Urban Edge Properties (NYSE:UE)

Urban Edge Properties logoUrban Edge Properties is a real estate investment trust. The Company is focused on managing, developing, redeveloping and acquiring retail real estate in urban communities, in the New York metropolitan region. Urban Edge Properties LP (UELP or the Operating Partnership) serves as its partnership subsidiary and owns, through affiliates, all of its real estate properties and other assets. As of December 31, 2016, its portfolio consisted of 79 shopping centers, three malls and a warehouse park adjacent to one of its centers totaling 14.8 million square feet. As of December 31, 2016, it leased 19 properties under ground and/or building leases. As of December 31, 2016, it had approximately 1,200 leases. Its shopping centers and malls are located at California, Connecticut, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, South Carolina, Virginia and Puerto Rico. Its shopping centers and malls include Signal Hill, Vallejo, Walnut Creek, Newington and others.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Retail REITs
  • Sub-Industry: N/A
  • Symbol: NYSE:UE
  • CUSIP: N/A
  • Web: www.uedge.com
Capitalization:
  • Market Cap: $2.52 billion
  • Outstanding Shares: 99,826,000
Average Prices:
  • 50 Day Moving Avg: $24.34
  • 200 Day Moving Avg: $26.01
  • 52 Week Range: $23.13 - $30.10
P/E:
  • Trailing P/E Ratio: 20.71
  • Foreward P/E Ratio: 27.70
  • P/E Growth: 6.06
Sales & Book Value:
  • Annual Revenue: $368.97 million
  • Price / Sales: 6.82
  • Book Value: $4.91 per share
  • Price / Book: 5.13
Dividend:
  • Annual Dividend: $0.88
  • Dividend Yield: 3.5%
Profitability:
  • EBIDTA: $225.25 million
  • Net Margins: 33.27%
  • Return on Equity: 23.89%
  • Return on Assets: 6.33%
Debt:
  • Debt-to-Equity Ratio: 2.18%
  • Current Ratio: 4.07%
  • Quick Ratio: 4.07%
Misc:
  • Average Volume: 870,378 shs.
  • Beta: 0.57
  • Short Ratio: 6.77
 
Frequently Asked Questions for Urban Edge Properties (NYSE:UE)

What is Urban Edge Properties' stock symbol?

Urban Edge Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "UE."

How often does Urban Edge Properties pay dividends? What is the dividend yield for Urban Edge Properties?

Urban Edge Properties declared a quarterly dividend on Thursday, May 11th. Stockholders of record on Thursday, June 15th will be given a dividend of $0.22 per share on Friday, June 30th. This represents a $0.88 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend is Tuesday, June 13th. View Urban Edge Properties' Dividend History.

How were Urban Edge Properties' earnings last quarter?

Urban Edge Properties (NYSE:UE) announced its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.33. The firm earned $126.06 million during the quarter, compared to the consensus estimate of $86.54 million. Urban Edge Properties had a return on equity of 23.89% and a net margin of 33.27%. View Urban Edge Properties' Earnings History.

When will Urban Edge Properties make its next earnings announcement?

Urban Edge Properties is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Urban Edge Properties.

Where is Urban Edge Properties' stock going? Where will Urban Edge Properties' stock price be in 2017?

2 analysts have issued 1-year target prices for Urban Edge Properties' shares. Their forecasts range from $28.00 to $28.00. On average, they expect Urban Edge Properties' share price to reach $28.00 in the next twelve months. View Analyst Ratings for Urban Edge Properties.

Who are some of Urban Edge Properties' key competitors?

Who are Urban Edge Properties' key executives?

Urban Edge Properties' management team includes the folowing people:

  • Jeffrey S. Olson CPA, Chairman of the Board of Trustee, Chief Executive Officer
  • Mark J Langer, Chief Financial Officer, Executive Vice President
  • Robert Minutoli, Chief Operating Officer, Executive Vice President
  • Robert C. Milton III, Executive Vice President, General Counsel, Secretary
  • Bernie Schachter, Executive Vice President - Asset Management
  • Michael Zucker, Executive Vice President - Leasing
  • Jennifer Holmes CPA, Chief Accounting Officer
  • Herbert Eilberg, Chief Investment Officer
  • Michael A Gould, Lead Independent Trustee
  • Steven H. Grapstein CPA, Independent Trustee

Who owns Urban Edge Properties stock?

Urban Edge Properties' stock is owned by many different of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (0.83%), Manning & Napier Advisors LLC (0.28%), Strs Ohio (0.15%), State of Alaska Department of Revenue (0.07%), Aperio Group LLC (0.06%) and State Treasurer State of Michigan (0.04%). Company insiders that own Urban Edge Properties stock include Herbert Eilberg and Robert Minutoli. View Institutional Ownership Trends for Urban Edge Properties.

Who sold Urban Edge Properties stock? Who is selling Urban Edge Properties stock?

Urban Edge Properties' stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Aperio Group LLC, Municipal Employees Retirement System of Michigan and Murphy Capital Management Inc.. View Insider Buying and Selling for Urban Edge Properties.

Who bought Urban Edge Properties stock? Who is buying Urban Edge Properties stock?

Urban Edge Properties' stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Manning & Napier Advisors LLC, State of Alaska Department of Revenue, Bank of Montreal Can, ING Groep NV, State Treasurer State of Michigan, Louisiana State Employees Retirement System and LS Investment Advisors LLC. Company insiders that have bought Urban Edge Properties stock in the last two years include Herbert Eilberg and Robert Minutoli. View Insider Buying and Selling for Urban Edge Properties.

How do I buy Urban Edge Properties stock?

Shares of Urban Edge Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Urban Edge Properties' stock price today?

One share of Urban Edge Properties stock can currently be purchased for approximately $25.21.


MarketBeat Community Rating for Urban Edge Properties (NYSE UE)
Community Ranking:  1.6 out of 5 ()
Outperform Votes:  44 (Vote Outperform)
Underperform Votes:  92 (Vote Underperform)
Total Votes:  136
MarketBeat's community ratings are surveys of what our community members think about Urban Edge Properties and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Urban Edge Properties (NYSE:UE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: $28.00 (11.07% upside)

Analysts' Ratings History for Urban Edge Properties (NYSE:UE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/3/2017Evercore ISIDowngradeHold -> UnderperformN/AView Rating Details
8/4/2016Credit Suisse GroupDowngradeOutperform -> Neutral$27.00 -> $28.00N/AView Rating Details
12/20/2015Capital One Financial CorporationReiterated RatingEqual WeightN/AView Rating Details
10/16/2015Morgan StanleyBoost Price Target$24.00 -> $26.00N/AView Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetBuy$24.00 -> $23.00N/AView Rating Details
(Data available from 7/27/2015 forward)

Earnings

Earnings History for Urban Edge Properties (NYSE:UE)
Earnings by Quarter for Urban Edge Properties (NYSE:UE)
Earnings History by Quarter for Urban Edge Properties (NYSE UE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2017$0.20N/AView Earnings Details
5/3/2017Q1 2017$0.33$0.33$86.54 million$126.06 millionViewN/AView Earnings Details
5/4/2016Q1$0.29$0.31$79.30 million$83.07 millionViewN/AView Earnings Details
2/17/2016Q4$0.31$0.30$77.86 million$80.62 millionViewN/AView Earnings Details
8/5/2015Q215$0.30$0.30$81.01 million$78.70 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Urban Edge Properties (NYSE:UE)
2017 EPS Consensus Estimate: $1.38
2018 EPS Consensus Estimate: $1.50
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.32$0.32$0.32
Q2 20171$0.35$0.35$0.35
Q3 20171$0.36$0.36$0.36
Q4 20171$0.35$0.35$0.35
Q1 20181$0.35$0.35$0.35
Q2 20181$0.37$0.37$0.37
Q3 20181$0.39$0.39$0.39
Q4 20181$0.39$0.39$0.39
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Urban Edge Properties (NYSE:UE)
Most Recent Dividend:6/30/2017
Annual Dividend:$0.88
Dividend Yield:3.49%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:72.13% (Trailing 12 Months of Earnings)
90.72% (Based on This Year's Estimates)
96.70% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Urban Edge Properties (NYSE:UE)

Dividend History by Quarter for Urban Edge Properties (NYSE UE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/11/2017quarterly$0.223.53%6/13/20176/15/20176/30/2017
2/27/2017quarterly$0.223.07%3/13/20173/15/20173/31/2017
11/9/2016quarterly$0.223.52%12/13/201612/15/201612/30/2016
9/9/2016quarterly$0.202.87%9/15/20169/19/20169/30/2016
5/17/2016quarterly$0.202.99%6/13/20166/15/20166/30/2016
2/19/2016quarterly$0.203.34%3/11/20163/15/20163/31/2016
11/4/2015quarterly$0.203.33%12/11/201512/15/201512/31/2015
8/18/2015quarterly$0.203.49%9/11/20159/15/20159/30/2015
5/12/2015quarterly$0.203.67%6/11/20156/15/20156/30/2015
2/2/2015$0.203/12/20153/16/20153/31/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Urban Edge Properties (NYSE:UE)
Insider Ownership Percentage: 4.72%
Institutional Ownership Percentage: 81.49%
Insider Trades by Quarter for Urban Edge Properties (NYSE:UE)
Institutional Ownership by Quarter for Urban Edge Properties (NYSE:UE)
Insider Trades by Quarter for Urban Edge Properties (NYSE:UE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/8/2015Robert MinutoliCOOBuy5,000$22.73$113,650.00View SEC Filing  
9/11/2015Herbert EilbergCIOBuy1,000$19.88$19,880.00View SEC Filing  
6/12/2015Michael ZuckerSVPBuy2,000$22.28$44,560.00View SEC Filing  
3/27/2015Robert MinutoliCOOBuy10,000$24.13$241,300.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Urban Edge Properties (NYSE:UE)
Latest Headlines for Urban Edge Properties (NYSE:UE)
Source:
DateHeadline
americanbankingnews.com logoUrban Edge Properties (NYSE:UE) to Release Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:40 AM
finance.yahoo.com logoUrban Edge Properties breached its 50 day moving average in a Bullish Manner : UE-US : July 14, 2017
finance.yahoo.com - July 14 at 9:34 AM
americanbankingnews.com logoUrban Edge Properties (NYSE:UE) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - July 5 at 1:21 PM
americanbankingnews.com logoUrban Edge Properties (NYSE:UE) Upgraded to "Sell" by BidaskClub
www.americanbankingnews.com - June 30 at 4:06 PM
americanbankingnews.com logoUrban Edge Properties (UE) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 27 at 11:05 AM
americanbankingnews.com logoBidaskClub Downgrades Urban Edge Properties (UE) to Strong Sell
www.americanbankingnews.com - June 24 at 3:04 PM
americanbankingnews.com logoUrban Edge Properties (UE) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - June 24 at 9:34 AM
finance.yahoo.com logoVornado (VNO) Accomplishes $220M Financing of The Bartlett
finance.yahoo.com - June 22 at 2:25 PM
americanbankingnews.com logoUrban Edge Properties (UE) & Rouse Properties (RSE) Head-To-Head Survey
www.americanbankingnews.com - June 19 at 8:05 AM
finance.yahoo.com logoUrban Edge Properties : UE-US: Dividend Analysis : June 15th, 2017 (record date) : By the numbers : June 14, 2017
finance.yahoo.com - June 15 at 3:03 AM
americanbankingnews.com logoUrban Edge Properties (UE) Upgraded to Sell by BidaskClub
www.americanbankingnews.com - June 14 at 4:12 PM
americanbankingnews.com logoZacks Investment Research Upgrades Urban Edge Properties (UE) to Buy
www.americanbankingnews.com - June 14 at 1:00 PM
finance.yahoo.com logoUrban Edge Properties Announces Second Quarter 2017 Earnings Release Date
finance.yahoo.com - June 8 at 1:40 AM
finance.yahoo.com logoUrban Edge Properties Closes Acquisition of $325 Million, Seven Asset Portfolio
finance.yahoo.com - May 26 at 8:06 AM
streetinsider.com logoUrban Edge Properties (UE) Declares $0.22 Quarterly Dividend; 3.5% Yield
www.streetinsider.com - May 12 at 3:16 AM
americanbankingnews.com logoUrban Edge Properties to Issue Quarterly Dividend of $0.22 (UE)
www.americanbankingnews.com - May 11 at 7:34 PM
finance.yahoo.com logoUrban Edge Properties Declares a Quarterly Common Dividend of $0.22 Per Share
finance.yahoo.com - May 11 at 2:44 AM
businesswire.com logoUrban Edge Properties Announces Sale of 7.7 Million Common Shares
www.businesswire.com - May 5 at 2:41 AM
streetinsider.com logoUrban Edge Properties (UE) Commences 7.7M Offering of Common Shares
www.streetinsider.com - May 5 at 2:41 AM
marketwatch.com logoUrban Edge Properties Announces Pricing of Common Stock Offering
www.marketwatch.com - May 5 at 2:41 AM
americanbankingnews.com logoUrban Edge Properties (UE) Releases Quarterly Earnings Results, Hits Expectations
www.americanbankingnews.com - May 4 at 5:54 PM
americanbankingnews.com logoUrban Edge Properties (UE) Given Daily Media Sentiment Rating of 0.30
www.americanbankingnews.com - May 3 at 8:30 PM
marketbeat.com logoUrban Edge Properties reports 1Q results
marketbeat.com - May 3 at 6:52 PM
finance.yahoo.com logoUrban Edge Properties Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 6:43 PM
americanbankingnews.com logoUrban Edge Properties (UE) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - May 1 at 5:04 PM
finance.yahoo.com logoUrban Edge Properties breached its 50 day moving average in a Bearish Manner : UE-US : April 27, 2017
finance.yahoo.com - April 27 at 11:00 AM
americanbankingnews.com logoUrban Edge Properties (UE) Earning Somewhat Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 26 at 12:11 PM
americanbankingnews.com logoUrban Edge Properties (UE) Given Daily News Sentiment Rating of 0.26
www.americanbankingnews.com - April 23 at 5:32 PM
americanbankingnews.com logoUrban Edge Properties (UE) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 19 at 10:59 AM
americanbankingnews.com logoUrban Edge Properties (UE) Earns Daily Media Impact Rating of 0.31
www.americanbankingnews.com - April 14 at 3:04 PM
americanbankingnews.com logoCapital One Financial Corp. Equities Analysts Decrease Earnings Estimates for Urban Edge Properties (UE)
www.americanbankingnews.com - April 13 at 10:33 AM
finance.yahoo.com logoUrban Edge Properties breached its 50 day moving average in a Bullish Manner : UE-US : April 12, 2017
finance.yahoo.com - April 12 at 12:16 PM
americanbankingnews.com logoAnalysts Issue Forecasts for Urban Edge Properties' Q2 2017 Earnings (UE)
www.americanbankingnews.com - April 12 at 9:19 AM
finance.yahoo.com logoUrban Edge Properties Acquiring $325 Million, Seven Asset Portfolio
finance.yahoo.com - April 10 at 8:36 AM
seekingalpha.com logoUrban Edge Properties in deal for seven-asset portfolio
seekingalpha.com - April 10 at 7:28 AM
finance.yahoo.com logoVornado CEO Predicts Carnage in the Retail Sector, Partly Due to Killer Amazon
finance.yahoo.com - April 8 at 7:25 PM
finance.yahoo.com logoWashington REIT (WRE) Purchases Watergate 600 for $135M
finance.yahoo.com - April 7 at 1:14 PM
finance.yahoo.com logoUrban Edge Properties : UE-US: Dividend Analysis : March 15th, 2017 (record date) : By the numbers : April 5, 2017
finance.yahoo.com - April 7 at 1:14 PM
biz.yahoo.com logoURBAN EDGE PROPERTIES Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 28 at 8:34 PM
finance.yahoo.com logoUrban Edge Properties (UE) Sees Hammer Chart Pattern: Time to Buy?
finance.yahoo.com - March 14 at 8:00 PM
finance.yahoo.com logoUrban Edge Properties Announces First Quarter 2017 Earnings Release Date
finance.yahoo.com - March 9 at 3:46 AM
us.rd.yahoo.com logoUrban Edge Properties Increases its Unsecured Revolving Credit Facility to $600 Million and Extends Maturity
us.rd.yahoo.com - March 7 at 8:20 PM
biz.yahoo.com logoURBAN EDGE PROPERTIES Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial
us.rd.yahoo.com - March 7 at 8:20 PM
us.rd.yahoo.com logo4:16 pm Urban Edge Properties announces an amendment and extension to its existing unsecured revolving credit facility; the amendment increases the credit facility size by $100 mln to $600 mln and extends the maturity date to March 7
us.rd.yahoo.com - March 7 at 8:20 PM
biz.yahoo.com logoURBAN EDGE PROPERTIES Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - February 28 at 8:02 PM
streetinsider.com logoUrban Edge Properties (UE) Declares $0.22 Quarterly Dividend; 3.1% Yield
www.streetinsider.com - February 26 at 7:25 PM
finance.yahoo.com logoUrban Edge Properties Declares a Quarterly Common Dividend of $0.22 per Share and Announces 2017 Annual Shareholders Meeting and Record Date
finance.yahoo.com - February 25 at 4:02 AM
finance.yahoo.com logoURBAN EDGE PROPERTIES Financials
finance.yahoo.com - February 23 at 2:55 AM
biz.yahoo.com logoQ4 2016 Urban Edge Properties Earnings Release - After Market Close
us.rd.yahoo.com - February 17 at 5:07 AM
capitalcube.com logoUrban Edge Properties breached its 50 day moving average in a Bearish Manner : UE-US : February 16, 2017
us.rd.yahoo.com - February 17 at 5:07 AM

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Chart

Urban Edge Properties (UE) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by MarketBeat.com Staff