Urban Edge Properties

UE · NYSE · Real Estate / REIT - Retail

20.86USD-0.18 (-0.86%)

Price History

Full chart

Market Stats

Previous Close21.04

Open21.00

Day Range20.81 – 21.12

52-Week Range17.75 – 23.68

Volume741.54K

Market Cap2.74B

P/E (TTM)37.55

Forward P/E34.72

EPS0.53

Dividend Yield4.22%

Beta0.99

50-Day Avg21.67

200-Day Avg21.17

About

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, D.C. to Boston corridor. Urban Edge owns 74 properties totaling 16.0 million square feet of gross leasable area. Urban Edge Properties was established in 2014 and was incorporated in Maryland.

Company Details

SectorReal Estate
IndustryREIT - Retail
CEOMr. Jeffrey S. Olson
Employees104
Headquarters12 East 49th Street, New York, NY, United States, 10017, USA
Websitehttps://www.uedge.com

Leadership

Mr. Jeffrey S. OlsonChairman & CEO · b. 1968
Mr. Mark J. Langer CPAExecutive VP & CFO · b. 1967
Mr. Jeffrey S. MooallemExecutive VP & COO · b. 1969
Ms. Heather R. OhlbergExecutive VP, General Counsel & Secretary · b. 1980
Mr. Etan BlumanSenior Vice President of Investments
Ms. Andrea R. DrazinChief Accounting Officer
Ms. Cecilia LiSenior VP & Chief Information Officer
Ms. Lisa M. TronzanoSenior Vice President of Human Resources
Mr. Scott AusterExecutive VP & Head of Leasing
Mr. Paul SchifferSenior Vice President of Leasing

Financials

Income Statement

Currency: USD	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	299.86M	304.23M	363.00M	315.68M	322.94M	325.98M	407.04M	414.16M	387.65M	330.10M	425.08M	397.94M	416.92M	444.97M	471.94M
Growth (%)	-	+1.46%	+19.31%	-13.04%	+2.30%	+0.94%	+24.87%	+1.75%	-6.40%	-14.85%	+28.78%	-6.39%	+4.77%	+6.73%	+6.06%
Cost of Revenue	199.35M	200.96M	206.44M	217.43M	223.54M	219.05M	286.04M	352.31M	326.94M	321.90M	329.91M	345.52M	351.41M	448.20M	431.19M
Gross Profit	103.70M	107.03M	160.38M	98.24M	99.40M	106.93M	121.00M	61.85M	60.71M	8.20M	95.17M	52.42M	65.51M	-3.24M	40.74M
Gross Margin	34.58%	35.18%	44.18%	31.12%	30.78%	32.80%	29.73%	14.93%	15.66%	2.48%	22.39%	13.17%	15.71%	-0.73%	8.63%
Operating Expense	14.42M	29.00M	28.86M	-25.20M	728.00K	-26.89M	-41.36M	-60.01M	-43.16M	-44.29M	-53.18M	-55.34M	-59.27M	-99.75M	-85.67M
Operating Income	89.29M	78.03M	131.52M	123.44M	98.68M	133.82M	162.36M	121.86M	103.87M	52.49M	148.35M	107.76M	124.79M	96.51M	126.41M
Operating Margin	29.78%	25.65%	36.23%	39.10%	30.56%	41.05%	39.89%	29.42%	26.79%	15.90%	34.90%	27.08%	29.93%	21.69%	26.79%
EBITDA	198.11M	180.24M	224.46M	174.47M	150.84M	205.46M	211.16M	284.77M	278.24M	225.80M	259.22M	207.65M	461.60M	309.80M	317.51M
EBITDA Margin	66.07%	59.24%	61.83%	55.27%	46.71%	63.03%	51.88%	68.76%	71.78%	68.40%	60.98%	52.18%	110.72%	69.62%	67.28%
Net Income	87.46M	69.84M	109.31M	65.77M	38.78M	90.81M	67.07M	105.15M	109.52M	93.59M	102.69M	46.17M	248.50M	72.56M	93.53M
Net Income Margin	29.17%	22.96%	30.11%	20.84%	12.01%	27.86%	16.48%	25.39%	28.25%	28.35%	24.16%	11.60%	59.60%	16.31%	19.82%
R&D	-	-	-	-	0	0.3	0.18	0.29	0.3	0.18	0.26	0.13	0.67	-	-
R&D as % of Total Revenue	-	-	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	55.14M	53.77M	55.79M	53.30M	50.95M	51.88M	56.22M	64.87M	66.64M	71.02M	57.94M	58.98M	74.94M	81.59M	78.23M
Interest Expense % of Total Revenue	18.39%	17.67%	15.37%	16.88%	15.78%	15.92%	13.81%	15.66%	17.19%	21.51%	13.63%	14.82%	17.98%	18.34%	16.58%

Balance Sheet

Currency: USD	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	1.86B	1.75B	1.74B	1.92B	1.90B	2.82B	2.80B	2.85B	2.94B	2.99B	2.98B	3.28B	3.31B	3.31B
Total Liabilities	-	1.47B	1.41B	1.48B	1.45B	1.41B	1.83B	1.79B	1.83B	1.94B	1.94B	1.95B	2.06B	1.95B	1.94B
Total Equity	-	389.59M	341.26M	258.52M	471.45M	496.12M	990.54M	904.71M	967.82M	951.57M	1.05B	976.99M	1.15B	1.28B	1.29B
Cash	-	4.34M	5.22M	2.60M	168.98M	131.65M	490.28M	440.43M	432.95M	384.57M	164.48M	85.52M	101.12M	41.37M	48.88M
Total Debt	-	1.25B	1.20B	1.29B	1.23B	1.20B	1.56B	1.55B	1.63B	1.67B	1.79B	1.75B	1.79B	1.69B	1.67B
Net Debt	-	1.25B	1.20B	1.29B	1.06B	1.07B	1.07B	1.11B	1.20B	1.28B	1.59B	1.67B	1.69B	1.64B	1.62B

Cash Flow

Currency: USD	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	97.73M	108.36M	240.53M	105.69M	138.08M	137.25M	157.90M	137.04M	156.40M	112.82M	135.27M	139.62M	163.01M	153.18M	182.72M
Investing Cash Flow	-39.02M	-32.89M	-27.01M	-44.50M	-65.49M	-59.23M	-295.73M	-64.80M	-2.52M	-98.46M	-311.16M	-151.91M	-117.70M	-234.70M	-75.61M
Financing Cash Flow	-58.67M	-73.39M	-212.64M	-63.81M	93.80M	-115.86M	498.49M	-115.56M	-126.27M	-80.25M	-23.53M	-78.77M	161.00K	-2.09M	-118.89M
Capital Expenditure	0	0	0	45.59M	66.42M	69.90M	89.34M	118.77M	91.30M	152.86M	348.01M	152.27M	115.72M	295.09M	140.08M
Free Cash Flow	97.73M	108.36M	240.53M	105.69M	138.08M	67.35M	68.55M	18.27M	65.10M	112.82M	135.27M	139.62M	163.01M	153.18M	182.72M
Dividends Paid	-	-	-	79.17M	79.17M	81.24M	95.38M	100.24M	106.16M	26.65M	124.00M	75.10M	75.19M	82.92M	95.54M
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%	49.07%	43.42%	13.34%	41.62%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-	-	-	74.91%	57.33%	120.63%	139.13%	548.53%	163.08%	23.62%	91.67%	53.79%	46.13%	54.13%	52.29%

Earnings

Report Date	May 11, 2015	Aug 5, 2015	Nov 4, 2015	Feb 17, 2016	May 4, 2016	Aug 3, 2016	Nov 2, 2016	Feb 16, 2017	May 3, 2017	Aug 2, 2017	Nov 1, 2017	Feb 14, 2018	May 2, 2018	Aug 1, 2018	Oct 31, 2018	Feb 13, 2019	May 1, 2019	Jul 31, 2019	Oct 30, 2019	Feb 12, 2020	Apr 29, 2020	Aug 6, 2020	Nov 5, 2020	Feb 17, 2021	May 3, 2021	Aug 4, 2021	Nov 3, 2021	Feb 16, 2022	May 5, 2022	Aug 3, 2022	Nov 3, 2022	Feb 14, 2023	May 9, 2023	Aug 2, 2023	Oct 31, 2023	Feb 14, 2024	May 7, 2024	Jul 31, 2024	Oct 30, 2024	Feb 12, 2025	Apr 30, 2025	Jul 30, 2025	Oct 29, 2025	Feb 11, 2026	Apr 29, 2026	Aug 6, 2026	Oct 28, 2026
EPS Estimate	-	0.24	0.17	0.19	0.15	0.19	0.18	0.20	0.18	0.19	0.14	0.17	0.16	0.16	0.10	0.14	0.12	0.12	0.12	0.09	-0.01	-0.02	0.01	0.02	0.01	0.07	0.08	0.08	0.07	0.08	0.10	0.10	0.11	0.08	0.09	0.14	0.08	-0.01	0.13	0.11	0.16	0.04	0.10	0.08	0.11	0.38	0.38
EPS Actual	-0.12	0.17	0.19	0.15	0.19	0.34	0.20	0.19	0.55	0.13	0.17	0.19	0.16	0.49	0.11	0.06	0.22	0.22	0.45	0.04	0.08	0.09	-0.01	0.16	0.08	0.10	0.12	0.34	0.08	0.10	0.10	0.12	0.13	0.10	0.05	-0.04	0.02	0.26	0.08	0.05	0.07	0.10	0.08	0.10	0.11	0.40	-
Surprise	-	-29.17%	11.76%	-21.05%	26.67%	78.95%	11.11%	-5.00%	205.56%	-31.58%	21.43%	11.76%	0.00%	206.25%	10.00%	-57.14%	83.33%	83.33%	275.00%	-55.56%	900.00%	550.00%	-200.00%	700.00%	700.00%	42.86%	50.00%	325.00%	14.29%	25.00%	0.00%	20.00%	18.18%	25.00%	-44.44%	-128.57%	-75.00%	2700.00%	-38.46%	-54.55%	-56.25%	150.00%	-20.00%	25.00%	0.00%	5.26%	-
Timing	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market

Key Statistics & Ratios

Market Cap2.74B

Enterprise Value4.18B

Trailing P/E37.55

Forward P/E34.72

PEG Ratio6.59

Price / Sales5.63

Price / Book1.94

EPS0.53

Book Value10.17

Revenue (TTM)486.99M

Gross Profit (TTM)315.31M

EBITDA269.10M

Profit Margin13.95%

Operating Margin31.44%

Return on Equity5.09%

Return on Assets2.79%

Shares Outstanding126.24M

Shares Float126.08M

Beta0.99

Dividend Yield4.22%

Dividend Rate0.84

Payout Ratio118.84%

Analyst Ratings

Buy

Based on 4 analystsTarget 24.17

Strong Buy
2
Hold
2

Ownership Breakdown

Institutions: 100.50%
Insiders: 0.08%
Retail / Other: 0.00%

Top Institutional Holders

BlackRock Inc
23.04M18.25%
FMR Inc
18.89M14.97%
Vanguard Portfolio Management, LLC
14.15M11.21%
State Street Corp
7.15M5.67%
Vanguard Capital Management, LLC
5.68M4.50%
Jennison Associates LLC
4.76M3.77%
Resolution Capital Limited
4.19M3.32%
Millennium Management LLC
3.75M2.97%
Westwood Holdings Group Inc
3.55M2.81%
Geode Capital Management, LLC
3.38M2.68%
Charles Schwab Investment Management Inc
2.57M2.04%
Nuveen, LLC
1.95M1.54%
Dimensional Fund Advisors, Inc.
1.89M1.49%

Top Fund Holders

iShares Core S&P Small-Cap ETF
7.69M6.09%
Vanguard Real Estate Index Investor
4.74M3.75%
Vanguard MStar Total Stk Mkt Idx Invest
4.01M3.18%
iShares Russell 2000 ETF
3.30M2.61%
Vanguard Small Cap Index
2.90M2.30%
Fidelity Real Estate Investment Port
1.99M1.57%
Fidelity SAI Real Estate Fund
1.86M1.47%

Dividends

20263×

0.21Sep 15, 20260.21Jun 15, 20260.21Mar 13, 2026

20254×

0.19Dec 15, 20250.19Sep 15, 20250.19Jun 13, 20250.19Mar 14, 2025

20244×

0.17Dec 13, 20240.17Sep 13, 20240.17Jun 14, 20240.17Mar 14, 2024

20234×

0.16Dec 14, 20230.16Sep 14, 20230.16Jun 14, 20230.16Mar 14, 2023

20224×

0.16Dec 14, 20220.16Sep 14, 20220.16Jun 14, 20220.16Mar 14, 2022

20214×

0.15Dec 14, 20210.15Sep 14, 20210.15Jun 14, 20210.15Mar 12, 2021

20201×

0.46Dec 30, 2020