Urban Edge Properties (NYSE:UE – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.500-1.540 for the period, compared to the consensus earnings per share estimate of 1.490. The company issued revenue guidance of -.
Urban Edge Properties Stock Performance
Shares of UE stock traded down $0.51 during trading hours on Thursday, hitting $21.53. The company’s stock had a trading volume of 851,625 shares, compared to its average volume of 936,591. The company has a 50 day moving average of $22.91 and a 200 day moving average of $21.56. The stock has a market cap of $2.71 billion, a PE ratio of 25.03 and a beta of 0.98. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 1.21. Urban Edge Properties has a 12-month low of $18.46 and a 12-month high of $24.11.
Urban Edge Properties (NYSE:UE – Get Free Report) last posted its earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. Urban Edge Properties had a net margin of 22.20% and a return on equity of 7.80%. The company had revenue of $122.78 million during the quarter, compared to the consensus estimate of $117.86 million. Urban Edge Properties has set its FY 2026 guidance at 1.500-1.540 EPS. On average, sell-side analysts forecast that Urban Edge Properties will post 1.49 EPS for the current fiscal year.
Wall Street Analyst Weigh In
View Our Latest Report on Urban Edge Properties
Insiders Place Their Bets
In other Urban Edge Properties news, CEO Jeffrey S. Olson sold 161,553 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $21.73, for a total transaction of $3,510,546.69. Following the transaction, the chief executive officer directly owned 22,699 shares of the company’s stock, valued at $493,249.27. This trade represents a 87.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.70% of the company’s stock.
Institutional Investors Weigh In On Urban Edge Properties
Several institutional investors have recently bought and sold shares of UE. EverSource Wealth Advisors LLC increased its position in shares of Urban Edge Properties by 426.7% during the second quarter. EverSource Wealth Advisors LLC now owns 1,322 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 1,071 shares in the last quarter. Global Retirement Partners LLC raised its stake in Urban Edge Properties by 2,108.1% in 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 position in Urban Edge Properties in the 3rd quarter valued at $52,000. Los Angeles Capital Management LLC acquired a new stake in Urban Edge Properties during the 4th quarter worth $75,000. Finally, Empowered Funds LLC acquired a new stake in Urban Edge Properties during the 4th quarter worth $78,000. 94.94% of the stock is currently owned by institutional investors and hedge funds.
About Urban Edge Properties
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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