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 guidance of 1.500-1.540 for the period, compared to the consensus EPS estimate of 1.490. The company issued revenue guidance of -.
Urban Edge Properties Price Performance
UE stock traded down $0.51 during mid-day trading on Thursday, reaching $21.53. The company’s stock had a trading volume of 851,625 shares, compared to its average volume of 936,591. 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 fifty-two week low of $18.46 and a fifty-two week high of $24.11. The company’s 50 day moving average is $22.91 and its two-hundred day moving average is $21.56.
Urban Edge Properties (NYSE:UE – Get Free Report) last issued its earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.03. Urban Edge Properties had a return on equity of 7.80% and a net margin of 22.20%.The business had revenue of $122.78 million for the quarter, compared to analysts’ expectations of $117.86 million. Urban Edge Properties has set its FY 2026 guidance at 1.500-1.540 EPS. Equities research analysts expect that Urban Edge Properties will post 1.49 EPS for the current year.
Wall Street Analyst Weigh In
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Insider Transactions at Urban Edge Properties
In other Urban Edge Properties news, CEO Jeffrey S. Olson sold 19,034 shares of Urban Edge Properties stock in a transaction on Monday, May 11th. The stock was sold at an average price of $21.62, for a total value of $411,515.08. Following the sale, the chief executive officer owned 3,665 shares in the company, valued at $79,237.30. The trade was a 83.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.70% of the stock is currently owned by company insiders.
Institutional Trading of Urban Edge Properties
Institutional investors and hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Urban Edge Properties by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,956 shares of the real estate investment trust’s stock worth $1,424,000 after buying an additional 3,276 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Urban Edge Properties by 7.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 871,958 shares of the real estate investment trust’s stock valued at $16,567,000 after acquiring an additional 58,350 shares during the period. Jane Street Group LLC acquired a new position in shares of Urban Edge Properties in the 1st quarter worth approximately $5,076,000. New York State Common Retirement Fund boosted its position in shares of Urban Edge Properties by 15.1% during the 2nd quarter. New York State Common Retirement Fund now owns 42,670 shares of the real estate investment trust’s stock worth $796,000 after purchasing an additional 5,600 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Urban Edge Properties by 21.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 350,300 shares of the real estate investment trust’s stock valued at $6,537,000 after purchasing an additional 62,820 shares during the last quarter. 94.94% of the stock is currently owned by hedge funds and other institutional investors.
Urban Edge Properties Company Profile
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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