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: $2.59 billion
- Outstanding Shares: 107,564,000
Average Prices:- 50 Day Moving Avg: $24.84
- 200 Day Moving Avg: $25.60
- 52 Week Range: $23.13 - $29.51
P/E:- Trailing P/E Ratio: 23.99
- Foreward P/E Ratio: 37.69
- P/E Growth: 6.67
Sales & Book Value:- Annual Revenue: $379.02 million
- Price / Sales: 6.85
- Book Value: $6.27 per share
- Price / Book: 3.85
Dividend:- Annual Dividend: $0.88
- Dividend Yield: 3.6%
Profitability:- EBIDTA: $230.14 million
- Net Margins: 27.04%
- Return on Equity: 16.72%
- Return on Assets: 4.87%
Debt:- Debt-to-Equity Ratio: 1.60%
- Current Ratio: 5.71%
- Quick Ratio: 5.71%
Misc:- Average Volume: 696,978 shs.
- Beta: 0.59
- 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 paid a dividend of $0.22 per share on Friday, June 30th. This represents a $0.88 annualized dividend and a dividend yield of 3.65%. The ex-dividend date is Tuesday, June 13th. View Urban Edge Properties' Dividend History.
How were Urban Edge Properties' earnings last quarter?
Urban Edge Properties (NYSE:UE) issued its earnings results on Wednesday, May, 4th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.29 by $0.02. The company had revenue of $83.07 million for the quarter, compared to analyst estimates of $79.30 million. Urban Edge Properties had a return on equity of 16.72% and a net margin of 27.04%. 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?
1 equities research analysts have issued 12-month target prices for Urban Edge Properties' stock. Their predictions range from $25.00 to $25.00. On average, they anticipate Urban Edge Properties' share price to reach $25.00 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), CoreSite Realty Corporation (COR), DDR Corp. (DDR), Taubman Centers (TCO), Retail Properties of America (RPAI), Acadia Realty Trust (AKR), Tanger Factory Outlet Centers (SKT), Retail Opportunity Investments Corp. (ROIC), American Assets Trust (AAT), Kite Realty Group Trust (KRG), Washington Prime Group (WPG), Four Corners Property Trust (FCPT), Agree Realty Corporation (ADC), Saul Centers (BFS), Getty Realty Corporation (GTY), Ramco-Gershenson Properties Trust (RPT), 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 variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (15.06%), BlackRock Inc. (12.06%), FMR LLC (9.17%), State Street Corp (4.21%), Northern Trust Corp (1.95%) and Voya Investment Management LLC (1.93%). 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 FMR LLC, Cramer Rosenthal Mcglynn LLC, JPMorgan Chase & Co., KBC Group NV, Victory Capital Management Inc., Honeywell International Inc., Janus Henderson Group PLC and Macquarie Group Ltd.. 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 Marshall Wace North America L.P., BlackRock Inc., Voya Investment Management LLC, Balyasny Asset Management LLC, Vanguard Group Inc., Goldman Sachs Group Inc., State Street Corp and Schroder Investment Management Group. 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 $24.12.
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.
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 |
|---|
| 10/31/2017 | | | | | | | 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: $1.37
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 | $0.35 | $0.35 | $0.35 |
| 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: | 3.65% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 87.13% (Trailing 12 Months of Earnings)
102.33% (Based on This Year's Estimates)
137.50% (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 Bearish Manner : UE-US : August 21, 2017
finance.yahoo.com - August 22 at 7:28 AM |
| See what the IHS Markit Score report has to say about Urban Edge Properties.
finance.yahoo.com - August 17 at 8:47 AM |
 | Contrasting Urban Edge Properties (UE) & Wheeler Real Estate Investment Trust (WHLR)
www.americanbankingnews.com - August 16 at 2:10 AM |
| See what the IHS Markit Score report has to say about Urban Edge Properties.
finance.yahoo.com - August 15 at 7:53 AM |
 | Evercore ISI Downgrades Urban Edge Properties (UE) to Underperform
www.streetinsider.com - August 14 at 8:03 AM |
| Q1 2018 EPS Estimates for Urban Edge Properties Increased by Analyst (NYSE:UE)
www.americanbankingnews.com - August 7 at 8:02 AM |
| Critical Review: Urban Edge Properties (NYSE:UE) vs. Retail Opportunity Investments Corp. (ROIC)
www.americanbankingnews.com - August 7 at 12:10 AM |
| Urban Edge Properties (UE) Reports Sale of 6.25M Common Shares to Cohen & Steers Capital Management for $24.80/Sh
www.streetinsider.com - August 5 at 8:05 AM |
| Urban Edge Properties Announces Sale of 6,250,000 Common Shares
finance.yahoo.com - August 4 at 9:27 AM |
| Urban Edge Properties Announces Sale of 6,250,000 Common Shares for $155 Million in Net Proceeds
finance.yahoo.com - August 4 at 9:27 AM |
| Capital One Financial Corporation Weighs in on Urban Edge Properties' Q3 2017 Earnings (UE)
www.americanbankingnews.com - August 4 at 7:16 AM |
| Urban Edge Properties Reports Second Quarter 2017 Results
finance.yahoo.com - August 3 at 8:20 AM |
| Comparing Urban Edge Properties (NYSE:UE) and Getty Realty Corporation (GTY)
www.americanbankingnews.com - August 3 at 7:26 AM |
| Brokers Offer Predictions for Urban Edge Properties' Q1 2018 Earnings (NYSE:UE)
www.americanbankingnews.com - July 27 at 12:56 PM |
| Urban Edge Properties (NYSE:UE) to Release Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:40 AM |
| 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 |
Urban Edge Properties (UE) Chart for Tuesday, August, 22, 2017
