Urban Edge Properties (NYSE:UE) Issues Quarterly Earnings Results

Urban Edge Properties (NYSE:UE) posted its quarterly earnings data on Wednesday. The real estate investment trust reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.26), FiscalAI reports. Urban Edge Properties had a net margin of 19.82% and a return on equity of 6.79%. The company had revenue of $119.56 million for the quarter, compared to analyst estimates of $103.64 million. 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 Trading Up 0.8%

Shares of UE stock opened at $20.85 on Friday. The company has a quick ratio of 2.61, a current ratio of 1.74 and a debt-to-equity ratio of 1.17. The stock has a 50-day simple moving average of $19.44 and a 200 day simple moving average of $19.70. Urban Edge Properties has a fifty-two week low of $15.66 and a fifty-two week high of $21.87. The stock has a market capitalization of $2.62 billion, a P/E ratio of 27.84 and a beta of 1.06.

Urban Edge Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 4.0%. This is a boost from Urban Edge Properties’s previous quarterly dividend of $0.19. The ex-dividend date is Friday, March 13th. Urban Edge Properties’s payout ratio is 85.39%.

Analyst Ratings Changes

Several analysts have recently issued reports on UE shares. Weiss Ratings cut shares of Urban Edge Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Morgan Stanley raised their price objective on Urban Edge Properties from $21.00 to $22.00 and gave the stock an “equal weight” rating in a report on Monday, January 5th. Finally, UBS Group dropped their target price on shares of Urban Edge Properties from $21.00 to $20.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Urban Edge Properties presently has an average rating of “Hold” and a consensus price target of $22.00.

Institutional Trading of Urban Edge Properties

Several large investors have recently added to or reduced their stakes in UE. EverSource Wealth Advisors LLC raised its position in 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 valued at $25,000 after acquiring an additional 1,071 shares in the last quarter. Global Retirement Partners LLC raised its stake in shares of 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 acquiring an additional 1,307 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new position in Urban Edge Properties during the third quarter valued at approximately $52,000. Los Angeles Capital Management LLC bought a new position in shares of Urban Edge Properties in the fourth quarter valued at approximately $75,000. Finally, Empowered Funds LLC acquired a new stake in shares of Urban Edge Properties in the fourth quarter worth $78,000. 94.94% of the stock is 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.