Urban Edge Properties (NYSE:UE) Updates FY 2025 Earnings Guidance

Urban Edge Properties (NYSE:UE) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.370-1.420 for the period, compared to the consensus EPS estimate of 1.400. The company issued revenue guidance of -.

Urban Edge Properties Stock Performance

Shares of UE stock traded up $0.20 during midday trading on Thursday, hitting $21.39. The company had a trading volume of 131,705 shares, compared to its average volume of 768,113. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 9.59 and a beta of 1.54. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.30 and a quick ratio of 1.30. Urban Edge Properties has a 52-week low of $15.81 and a 52-week high of $23.85. The company’s 50 day simple moving average is $21.02 and its 200 day simple moving average is $21.31.

Urban Edge Properties (NYSE:UE) last released its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.25. Urban Edge Properties had a return on equity of 20.89% and a net margin of 59.23%. Research analysts anticipate that Urban Edge Properties will post 1.35 earnings per share for the current fiscal year.

Urban Edge Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.55%. This is an increase from Urban Edge Properties’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Friday, March 14th. Urban Edge Properties’s dividend payout ratio (DPR) is presently 30.49%.

Analyst Upgrades and Downgrades

Separately, Evercore ISI dropped their target price on shares of Urban Edge Properties from $23.00 to $22.00 and set an “in-line” rating for the company in a report on Tuesday, December 24th.

Insider Activity at Urban Edge Properties

In related news, CEO Jeffrey S. Olson sold 240,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $22.45, for a total value of $5,388,000.00. Following the completion of the transaction, the chief executive officer now owns 1,931 shares of the company’s stock, valued at approximately $43,350.95. The trade was a 99.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.10% of the stock is owned by corporate insiders.

Urban Edge Properties Company Profile

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, DC to Boston corridor. Urban Edge owns 76 properties totaling 17.1 million square feet of gross leasable area.