UE Stock Overview
Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region.
Urban Edge Properties Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$13.76|
|52 Week High||US$19.96|
|52 Week Low||US$13.19|
|1 Month Change||-14.69%|
|3 Month Change||-9.53%|
|1 Year Change||-25.50%|
|3 Year Change||-30.36%|
|5 Year Change||-43.93%|
|Change since IPO||-38.57%|
Recent News & Updates
Urban Edge adds advertising exec to board, names Norman Jenkins lead trustee
Urban Edge Properties (NYSE:UE) named Mary L. Baglivo, a marketing and advertising veteran, to its board of trustees, effective Sept. 1. At the same time, Susan Givens will retire from the board after she accepted a new executive position. Norman Jenkins, who has more than 25 years of real estate experience, will become lead trustee. Baglivo has led her own brand strategy and consulting firm, The Baglivo Group. She previously served as the CEO Americas at Saatchi & Saatchi, the global marketing and advertising agency. Before that, she was president at Arnold Worldwide, and had held several other leadership positions at other firms. Earlier this month, Urban Edge (UE) amended and increased its revolving credit facility to $800M
|UE||US REITs||US Market|
Return vs Industry: UE underperformed the US REITs industry which returned -20.4% over the past year.
Return vs Market: UE underperformed the US Market which returned -22.1% over the past year.
|UE Average Weekly Movement||4.3%|
|REITs Industry Average Movement||3.9%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.8%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: UE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: UE's weekly volatility (4%) has been stable over the past year.
About the Company
Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 78 properties totaling 15.1 million square feet of gross leasable area.
Urban Edge Properties Fundamentals Summary
|UE fundamental statistics|
Is UE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UE income statement (TTM)|
|Cost of Revenue||US$147.05m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Nov 03, 2022
|Earnings per share (EPS)||0.78|
|Net Profit Margin||21.06%|
How did UE perform over the long term?See historical performance and comparison
4.7%Current Dividend Yield
Is UE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for UE?
Other financial metrics that can be useful for relative valuation.
|What is UE's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does UE's PE Ratio compare to its peers?
|UE PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
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UE Urban Edge Properties
Price-To-Earnings vs Peers: UE is good value based on its Price-To-Earnings Ratio (17.7x) compared to the peer average (38x).
Price to Earnings Ratio vs Industry
How does UE's PE Ratio compare vs other companies in the US REITs Industry?
Price-To-Earnings vs Industry: UE is good value based on its Price-To-Earnings Ratio (17.7x) compared to the US REITs industry average (26x)
Price to Earnings Ratio vs Fair Ratio
What is UE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||17.7x|
|Fair PE Ratio||29.4x|
Price-To-Earnings vs Fair Ratio: UE is good value based on its Price-To-Earnings Ratio (17.7x) compared to the estimated Fair Price-To-Earnings Ratio (29.4x).
Share Price vs Fair Value
What is the Fair Price of UE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: UE ($13.76) is trading below our estimate of fair value ($42.26)
Significantly Below Fair Value: UE is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Urban Edge Properties forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UE's forecast earnings growth (1.5% per year) is below the savings rate (1.9%).
Earnings vs Market: UE's earnings (1.5% per year) are forecast to grow slower than the US market (14.8% per year).
High Growth Earnings: UE's earnings are forecast to grow, but not significantly.
Revenue vs Market: UE's revenue (4.5% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: UE's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UE's Return on Equity is forecast to be low in 3 years time (6.9%).
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How has Urban Edge Properties performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UE has high quality earnings.
Growing Profit Margin: UE's current net profit margins (21.1%) are higher than last year (13%).
Past Earnings Growth Analysis
Earnings Trend: UE's earnings have grown by 0.6% per year over the past 5 years.
Accelerating Growth: UE's earnings growth over the past year (99.3%) exceeds its 5-year average (0.6% per year).
Earnings vs Industry: UE earnings growth over the past year (99.3%) exceeded the REITs industry 45.8%.
Return on Equity
High ROE: UE's Return on Equity (9.2%) is considered low.
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How is Urban Edge Properties's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: UE's short term assets ($262.8M) exceed its short term liabilities ($23.4M).
Long Term Liabilities: UE's short term assets ($262.8M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: UE's net debt to equity ratio (151.8%) is considered high.
Reducing Debt: UE's debt to equity ratio has increased from 159.5% to 163.9% over the past 5 years.
Debt Coverage: UE's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: UE's interest payments on its debt are not well covered by EBIT (2.6x coverage).
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What is Urban Edge Properties's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Urban Edge Properties Dividend Yield vs Market|
|Company (Urban Edge Properties)||4.7%|
|Market Bottom 25% (US)||1.6%|
|Market Top 25% (US)||4.6%|
|Industry Average (REITs)||4.0%|
|Analyst forecast in 3 Years (Urban Edge Properties)||4.8%|
Notable Dividend: UE's dividend (4.65%) is higher than the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: UE's dividend (4.65%) is low compared to the top 25% of dividend payers in the US market (4.69%).
Stability and Growth of Payments
Stable Dividend: UE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: UE has only been paying a dividend for 8 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.6%), UE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55%), UE's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Olson (54 yo)
Mr. Jeffrey S. Olson, also known as Jeff, has been the Chief Executive Officer and Chairman of Urban Edge Properties since December 29, 2014. Mr. Olson served as the Chief Executive Officer at Equity One (...
CEO Compensation Analysis
|Jeff Olson's Compensation vs Urban Edge Properties Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$7m||US$1m|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$6m||US$1m|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$5m||US$1m|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||US$5m||US$1m|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||US$4m||US$1m|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||US$3m||US$1m|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||n/a||n/a|
|Dec 31 2015||US$15m||US$1m|
Compensation vs Market: Jeff's total compensation ($USD6.83M) is about average for companies of similar size in the US market ($USD5.58M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Experienced Management: UE's management team is seasoned and experienced (6.7 years average tenure).
Experienced Board: UE's board of directors are considered experienced (7.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Urban Edge Properties's employee growth, exchange listings and data sources
- Name: Urban Edge Properties
- Ticker: UE
- Exchange: NYSE
- Founded: 2015
- Industry: Retail REITs
- Sector: Real Estate
- Implied Market Cap: US$1.685b
- Market Cap: US$1.616b
- Shares outstanding: 122.56m
- Website: https://www.uedge.com
Number of Employees
- Urban Edge Properties
- 888 Seventh Avenue
- 6th Floor
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|UE||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Jan 2015|
|3UE||MUN (Boerse Muenchen)||Yes||Common Shares||DE||EUR||Jan 2015|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/28 00:00|
|End of Day Share Price||2022/09/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.