UE icon

Urban Edge Properties

21.57 USD
+0.29
1.36%
At close Dec 20, 4:00 PM EST
After hours
21.57
+0.00
0.00%
1 day
1.36%
5 days
-3.71%
1 month
-6.18%
3 months
1.89%
6 months
19.24%
Year to date
18.19%
1 year
18.19%
5 years
13.89%
10 years
-3.71%
 

About: Urban Edge Properties is a real estate investment trust principally focused on the management and development of retail real estate properties in urban communities in the U.S. Having originally been created to hold the majority of Vornado Realty Trust's shopping center businesses, Urban Edge's asset portfolio is mostly composed of shopping centers and malls in terms of total square footage. The company's holdings include necessity and convenience-oriented retailers, such as department stores, grocers, health clubs, and restaurants. Urban Edge's properties are mainly located in the New York City metropolitan region and within the DC to Boston corridor. The company generates nearly all of its revenue through the collection of rent from a large number of tenants.

Employees: 109

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more call options, than puts

Call options by funds: $6K | Put options by funds: $2K

121% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 19

61% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 59

19% more capital invested

Capital invested by funds: $2.1B [Q2] → $2.5B (+$396M) [Q3]

11% more funds holding

Funds holding: 213 [Q2] → 236 (+23) [Q3]

0.45% more ownership

Funds ownership: 95.88% [Q2] → 96.33% (+0.45%) [Q3]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for UE.

Financial journalist opinion

Neutral
Business Wire
2 weeks ago
Urban Edge Properties Invites You to Join Its Fourth Quarter 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its Fourth Quarter 2024 Earnings Conference Call.
Urban Edge Properties Invites You to Join Its Fourth Quarter 2024 Earnings Conference Call
Positive
Seeking Alpha
1 month ago
Urban Edge Properties: Improving Quality But High Valuation
Urban Edge has delivered over 47% total returns since November 2023, with a current forward yield of 2.89% and a P/FFO multiple of 17.63x. Looking at UE stock, I question the relative valuation compared to peers KIM, REG, and FRT. Diving a bit more, I will identify UE's advantages and vulnerabilities compared to peers.
Urban Edge Properties: Improving Quality But High Valuation
Neutral
Business Wire
1 month ago
Urban Edge Properties Declares a Quarterly Common Dividend of $0.17 per Share
NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Declares a Quarterly Common Dividend of $0.17 per Share.
Urban Edge Properties Declares a Quarterly Common Dividend of $0.17 per Share
Neutral
Seeking Alpha
1 month ago
Urban Edge Properties (UE) Q3 2024 Earnings Call Transcript
Urban Edge Properties (NYSE:UE ) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Areeba Ahmed - Investor Relations Associate Jeffrey Olson - Chairman & Chief Executive Officer Jeffrey Mooallem - Chief Operating Officer Mark Langer - Chief Financial Officer Conference Call Participants Floris Van Dijkum - Compass Point Samir Khanal - Evercore ISI Ronald Kamdem - Morgan Stanley Paulina Rojas - Green Street Operator Ladies and gentlemen, good morning, and welcome to the Urban Edge Properties Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Urban Edge Properties (UE) Q3 2024 Earnings Call Transcript
Neutral
Business Wire
1 month ago
Urban Edge Properties Reports Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports Third Quarter 2024 Results.
Urban Edge Properties Reports Third Quarter 2024 Results
Positive
Zacks Investment Research
1 month ago
Why Urban Edge Properties (UE) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Urban Edge Properties (UE) have what it takes?
Why Urban Edge Properties (UE) is a Top Dividend Stock for Your Portfolio
Positive
Seeking Alpha
2 months ago
Urban Edge Properties: A Small-Cap REIT Poised To Benefit From Lower Interest Rates
Urban Edge Properties, a small-cap REIT focused on shopping centers, is poised for growth due to lower interest rates and strong fundamentals. UE's solid performance includes a 13.81% stock increase, impressive occupancy rates, and a conservative payout ratio, indicating potential for future dividend growth. The REIT's well-laddered debt profile and strong development pipeline position it for long-term capital appreciation, despite some exposure to at-risk tenants.
Urban Edge Properties: A Small-Cap REIT Poised To Benefit From Lower Interest Rates
Positive
Zacks Investment Research
2 months ago
Urban Edge Properties (UE) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Urban Edge Properties (UE) have what it takes?
Urban Edge Properties (UE) is a Top Dividend Stock Right Now: Should You Buy?
Neutral
Business Wire
2 months ago
Urban Edge Properties Invites You to Join Its Third Quarter 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its Third Quarter 2024 Earnings Conference Call.
Urban Edge Properties Invites You to Join Its Third Quarter 2024 Earnings Conference Call
Positive
Seeking Alpha
3 months ago
Shopping Center REITs Are Hot: Pick A Winner
The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior growth prospects, driven by record-high occupancy rates and strong rental rate spreads. This article examines liquidity, FFO growth, TCFO growth, dividend growth, market cap, share price growth, and volatility to identify the best Shopping Center REITs for the next 2 years.
Shopping Center REITs Are Hot: Pick A Winner
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