Urban 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: $2.67527 billion
- Outstanding Shares: 99,826,000
Average Prices:- 50 Day Moving Avg: $24.29
- 200 Day Moving Avg: $26.07
- 52 Week Range: $23.13 - $30.10
P/E:- Trailing P/E Ratio: 20.39
- Foreward P/E Ratio: 16.70
- P/E Growth: 6.06
Sales & Book Value:- Annual Revenue: $368.97 million
- Price / Sales: 6.73
- Book Value: $4.91 per share
- Price / Book: 5.07
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: 868,189 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 3.54%. 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) posted its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.33 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.33. The firm earned $126.06 million during the quarter, compared to analyst estimates of $86.54 million. Urban Edge Properties had a net margin of 33.27% and a return on equity of 23.89%. View Urban Edge Properties' Earnings History.
When will Urban Edge Properties make its next earnings announcement?
Where is Urban Edge Properties' stock going? Where will Urban Edge Properties' stock price be in 2017?
2 brokerages have issued 1 year price objectives for Urban Edge Properties' shares. Their predictions 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?
Some companies that are related to Urban Edge Properties include Weingarten Realty Investors (WRI), Taubman Centers (TCO), CoreSite Realty Corporation (COR), DDR Corp. (DDR), Retail Properties of America (RPAI), Tanger Factory Outlet Centers (SKT), Acadia Realty Trust (AKR), Retail Opportunity Investments Corp. (ROIC), American Assets Trust (AAT), Washington Prime Group (WPG), Kite Realty Group Trust (KRG), Four Corners Property Trust (FCPT), Agree Realty Corporation (ADC), Saul Centers (BFS), Ramco-Gershenson Properties Trust (RPT), Getty Realty Corporation (GTY), Pennsylvania Real Estate Investment Trust (PEI) and Cedar Realty Trust (CDR).
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 a number of of institutional and retail investors. Top institutional investors include Manning & Napier Advisors LLC (0.28%), State of Alaska Department of Revenue (0.07%), Aperio Group LLC (0.06%), State Treasurer State of Michigan (0.04%), Bank of Montreal Can (0.04%) and Oregon Public Employees Retirement Fund (0.03%). 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?
Who bought Urban Edge Properties stock? Who is buying Urban Edge Properties stock?
Urban Edge Properties' stock was acquired by a variety of institutional investors in the last quarter, including Manning & Napier Advisors LLC, State of Alaska Department of Revenue, Bank of Montreal Can, State Treasurer State of Michigan, Louisiana State Employees Retirement System, LS Investment Advisors LLC and Oregon Public Employees Retirement Fund. 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 $24.88.
MarketBeat Community Rating for Urban Edge Properties (NYSE UE)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.
Consensus Ratings for Urban Edge Properties (NYSE:UE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 1 Hold Rating |
| Consensus Rating: | Hold (Score: 1.50) |
| Consensus Price Target: | $28.00 (12.54% upside) |
Analysts' Ratings History for Urban Edge Properties (NYSE:UE)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 3/3/2017 | Evercore ISI | Downgrade | Hold -> Underperform | | N/A |  |
| 8/4/2016 | Credit Suisse Group | Downgrade | Outperform -> Neutral | $27.00 -> $28.00 | N/A | |
| 12/20/2015 | Capital One Financial Corporation | Reiterated Rating | Equal Weight | | N/A | |
| 10/16/2015 | Morgan Stanley | Boost Price Target | | $24.00 -> $26.00 | N/A | |
| 9/8/2015 | Evercore Partners Inc | Lower Price Target | Buy | $24.00 -> $23.00 | N/A | |
(Data available from 7/24/2015 forward)
Earnings History for Urban Edge Properties (NYSE:UE)Earnings History by Quarter for Urban Edge Properties (NYSE UE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/1/2017 | | $0.20 | | | | | N/A | |
| 5/3/2017 | Q1 2017 | $0.33 | $0.33 | $86.54 million | $126.06 million | View | N/A | |
| 5/4/2016 | Q1 | $0.29 | $0.31 | $79.30 million | $83.07 million | View | N/A | |
| 2/17/2016 | Q4 | $0.31 | $0.30 | $77.86 million | $80.62 million | View | N/A | |
| 8/5/2015 | Q215 | $0.30 | $0.30 | $81.01 million | $78.70 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Urban Edge Properties (NYSE:UE)2017 EPS Consensus Estimate: $1.38
2018 EPS Consensus Estimate: $1.50
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.32 | $0.32 | $0.32 |
| Q2 2017 | 1 | $0.35 | $0.35 | $0.35 |
| Q3 2017 | 1 | $0.36 | $0.36 | $0.36 |
| Q4 2017 | 1 | $0.35 | $0.35 | $0.35 |
| Q1 2018 | 1 | $0.35 | $0.35 | $0.35 |
| Q2 2018 | 1 | $0.37 | $0.37 | $0.37 |
| Q3 2018 | 1 | $0.39 | $0.39 | $0.39 |
| Q4 2018 | 1 | $0.39 | $0.39 | $0.39 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Urban Edge Properties (NYSE:UE)| Most Recent Dividend: | 6/30/2017 |
| Annual Dividend: | $0.88 |
| Dividend Yield: | 3.54% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 72.13% (Trailing 12 Months of Earnings)
64.23% (Based on This Year's Estimates)
59.06% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Urban Edge Properties (NYSE UE)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/11/2017 | quarterly | $0.22 | 3.53% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 2/27/2017 | quarterly | $0.22 | 3.07% | 3/13/2017 | 3/15/2017 | 3/31/2017 |
| 11/9/2016 | quarterly | $0.22 | 3.52% | 12/13/2016 | 12/15/2016 | 12/30/2016 |
| 9/9/2016 | quarterly | $0.20 | 2.87% | 9/15/2016 | 9/19/2016 | 9/30/2016 |
| 5/17/2016 | quarterly | $0.20 | 2.99% | 6/13/2016 | 6/15/2016 | 6/30/2016 |
| 2/19/2016 | quarterly | $0.20 | 3.34% | 3/11/2016 | 3/15/2016 | 3/31/2016 |
| 11/4/2015 | quarterly | $0.20 | 3.33% | 12/11/2015 | 12/15/2015 | 12/31/2015 |
| 8/18/2015 | quarterly | $0.20 | 3.49% | 9/11/2015 | 9/15/2015 | 9/30/2015 |
| 5/12/2015 | quarterly | $0.20 | 3.67% | 6/11/2015 | 6/15/2015 | 6/30/2015 |
| 2/2/2015 | | $0.20 | | 3/12/2015 | 3/16/2015 | 3/31/2015 |
(Data available from 1/1/2013 forward)
Headline Trends for Urban Edge Properties (NYSE:UE)
Latest Headlines for Urban Edge Properties (NYSE:UE)
| Source: |
|
| Date | Headline |
|---|
 | Urban 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 |
 | Urban Edge Properties (NYSE:UE) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - July 5 at 1:21 PM |
| Urban Edge Properties (NYSE:UE) Upgraded to "Sell" by BidaskClub
www.americanbankingnews.com - June 30 at 4:06 PM |
| Urban Edge Properties (UE) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 27 at 11:05 AM |
| BidaskClub Downgrades Urban Edge Properties (UE) to Strong Sell
www.americanbankingnews.com - June 24 at 3:04 PM |
| Urban Edge Properties (UE) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - June 24 at 9:34 AM |
| Vornado (VNO) Accomplishes $220M Financing of The Bartlett
finance.yahoo.com - June 22 at 2:25 PM |
| Urban Edge Properties (UE) & Rouse Properties (RSE) Head-To-Head Survey
www.americanbankingnews.com - June 19 at 8:05 AM |
| Urban 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 |
| Urban Edge Properties (UE) Upgraded to Sell by BidaskClub
www.americanbankingnews.com - June 14 at 4:12 PM |
| Zacks Investment Research Upgrades Urban Edge Properties (UE) to Buy
www.americanbankingnews.com - June 14 at 1:00 PM |
| Urban Edge Properties Announces Second Quarter 2017 Earnings Release Date
finance.yahoo.com - June 8 at 1:40 AM |
| Urban Edge Properties Closes Acquisition of $325 Million, Seven Asset Portfolio
finance.yahoo.com - May 26 at 8:06 AM |
 | Urban Edge Properties (UE) Declares $0.22 Quarterly Dividend; 3.5% Yield
www.streetinsider.com - May 12 at 3:16 AM |
| Urban Edge Properties to Issue Quarterly Dividend of $0.22 (UE)
www.americanbankingnews.com - May 11 at 7:34 PM |
| Urban Edge Properties Declares a Quarterly Common Dividend of $0.22 Per Share
finance.yahoo.com - May 11 at 2:44 AM |
 | Urban Edge Properties Announces Sale of 7.7 Million Common Shares
www.businesswire.com - May 5 at 2:41 AM |
| Urban Edge Properties (UE) Commences 7.7M Offering of Common Shares
www.streetinsider.com - May 5 at 2:41 AM |
 | Urban Edge Properties Announces Pricing of Common Stock Offering
www.marketwatch.com - May 5 at 2:41 AM |
| Urban Edge Properties (UE) Releases Quarterly Earnings Results, Hits Expectations
www.americanbankingnews.com - May 4 at 5:54 PM |
| Urban Edge Properties (UE) Given Daily Media Sentiment Rating of 0.30
www.americanbankingnews.com - May 3 at 8:30 PM |
 | Urban Edge Properties reports 1Q results
marketbeat.com - May 3 at 6:52 PM |
| Urban Edge Properties Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 6:43 PM |
| Urban Edge Properties (UE) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - May 1 at 5:04 PM |
| Urban 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 |
| Urban Edge Properties (UE) Earning Somewhat Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 26 at 12:11 PM |
| Urban Edge Properties (UE) Given Daily News Sentiment Rating of 0.26
www.americanbankingnews.com - April 23 at 5:32 PM |
| Urban Edge Properties (UE) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 19 at 10:59 AM |
| Urban Edge Properties (UE) Earns Daily Media Impact Rating of 0.31
www.americanbankingnews.com - April 14 at 3:04 PM |
| Capital One Financial Corp. Equities Analysts Decrease Earnings Estimates for Urban Edge Properties (UE)
www.americanbankingnews.com - April 13 at 10:33 AM |
| Urban 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 |
| Analysts Issue Forecasts for Urban Edge Properties' Q2 2017 Earnings (UE)
www.americanbankingnews.com - April 12 at 9:19 AM |
| Urban Edge Properties Acquiring $325 Million, Seven Asset Portfolio
finance.yahoo.com - April 10 at 8:36 AM |
 | Urban Edge Properties in deal for seven-asset portfolio
seekingalpha.com - April 10 at 7:28 AM |
| Vornado CEO Predicts Carnage in the Retail Sector, Partly Due to Killer Amazon
finance.yahoo.com - April 8 at 7:25 PM |
| Washington REIT (WRE) Purchases Watergate 600 for $135M
finance.yahoo.com - April 7 at 1:14 PM |
| Urban 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 |
| URBAN EDGE PROPERTIES Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 28 at 8:34 PM |
| Urban Edge Properties (UE) Sees Hammer Chart Pattern: Time to Buy?
finance.yahoo.com - March 14 at 8:00 PM |
| Urban Edge Properties Announces First Quarter 2017 Earnings Release Date
finance.yahoo.com - March 9 at 3:46 AM |
 | Urban Edge Properties Increases its Unsecured Revolving Credit Facility to $600 Million and Extends Maturity
us.rd.yahoo.com - March 7 at 8:20 PM |
| URBAN 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 |
| 4:16 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 |
| URBAN EDGE PROPERTIES Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - February 28 at 8:02 PM |
| Urban Edge Properties (UE) Declares $0.22 Quarterly Dividend; 3.1% Yield
www.streetinsider.com - February 26 at 7:25 PM |
| Urban 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 |
| URBAN EDGE PROPERTIES Financials
finance.yahoo.com - February 23 at 2:55 AM |
| Q4 2016 Urban Edge Properties Earnings Release - After Market Close
us.rd.yahoo.com - February 17 at 5:07 AM |
 | Urban 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 |
| Urban Edge Properties Reports Fourth Quarter and Full Year 2016 Operating Results
us.rd.yahoo.com - February 17 at 5:07 AM |
Urban Edge Properties (UE) Chart for Monday, July, 24, 2017
