Urban Edge Properties (NYSE:UE) Releases Earnings Results

by · The Markets Daily

Urban Edge Properties (NYSE:UE – Get Free Report) announced its quarterly earnings data on Wednesday. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.26), FiscalAI reports. The firm had revenue of $119.56 million during the quarter, compared to analysts’ expectations of $103.64 million. Urban Edge Properties had a return on equity of 8.10% and a net margin of 23.73%. Urban Edge Properties updated its FY 2026 guidance to 1.470-1.520 EPS.

Here are the key takeaways from Urban Edge Properties’ conference call:

  • Urban Edge reported FFO as adjusted of $1.43 (6% growth) and provided 2026 guidance of $1.47–$1.52 per share while the board approved an 11% dividend increase to $0.84 annualized.
  • Leasing momentum remains strong with a record 32% same-space cash rent spread on new leases, record shop occupancy of 92.6%, and a signed-but-not-open pipeline expected to add $22M (≈8% of current NOI).
  • Redevelopment is a key growth driver — 14 projects completed in 2025 (~$55M) averaged 19% unlevered yields, $166M of projects are underway targeting a 14% unlevered return, and anchor repositions like Bruckner are expected to meaningfully increase NOI (~$8M incremental by 2028).
  • Balance sheet flexibility is strong with $849M liquidity, a new $700M credit facility and delayed‑draw term loans, but cap‑rate compression has narrowed capital‑recycling spreads, making accretive external acquisitions more competitive.
  • Near‑term headwinds include expected 2026 NOI deceleration from Saks/At Home fallout and the absence of certain 2025 one‑time collections, elevated Q4 snow‑removal costs, assumed credit losses of 50–75 bps, and most SNO rent (~75%) expected in H2 implying softer H1 performance.

Urban Edge Properties Price Performance

NYSE UE traded down $0.03 during trading on Wednesday, hitting $21.01. 159,910 shares of the stock traded hands, compared to its average volume of 928,920. The company has a market capitalization of $2.64 billion, a P/E ratio of 23.71 and a beta of 1.06. The firm has a 50-day simple moving average of $19.38 and a 200-day simple moving average of $19.69. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 1.18. Urban Edge Properties has a 12-month low of $15.66 and a 12-month high of $21.87.

Wall Street Analysts Forecast Growth

UE has been the topic of several research analyst reports. Weiss Ratings upgraded Urban Edge Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, December 29th. UBS Group decreased their target price on Urban Edge Properties from $21.00 to $20.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Finally, Morgan Stanley upped their price target on Urban Edge Properties from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Monday, January 5th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $22.00.

Check Out Our Latest Research Report on Urban Edge Properties

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in shares of Urban Edge Properties by 426.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,322 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 1,071 shares during the period. Global Retirement Partners LLC grew its holdings in Urban Edge Properties by 2,108.1% during the 4th quarter. Global Retirement Partners LLC now owns 1,369 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 1,307 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new stake in Urban Edge Properties in the 3rd quarter worth about $52,000. Coldstream Capital Management Inc. purchased a new stake in Urban Edge Properties in the 3rd quarter worth about $203,000. Finally, Tower Research Capital LLC TRC lifted its stake in Urban Edge Properties by 220.8% in the second quarter. Tower Research Capital LLC TRC now owns 13,657 shares of the real estate investment trust’s stock worth $255,000 after purchasing an additional 9,400 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors.

Urban Edge Properties Company Profile

(Get Free Report)

Urban Edge Properties is a publicly traded real estate investment trust (REIT) that specializes in owning, operating and developing grocery-anchored shopping centers. The company was formed in January 2017 as a spin-off from Regency Centers Corporation, establishing an independent platform focused on urban and densely populated markets. As a fully integrated REIT, Urban Edge oversees the acquisition, financing, leasing, redevelopment and management of its retail properties.

The company’s portfolio comprises predominantly open-air shopping centers anchored by national and regional supermarket operators.

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