Urban Edge Properties

NYSE:UE Stock Report

Market Cap: US$3.2b

Urban Edge Properties Future Growth

Future criteria checks 0/6

Urban Edge Properties's revenue and earnings are forecast to decline at 4.2% and 18.6% per annum respectively.

Key information

-18.6%

Earnings growth rate

n/a

EPS growth rate

Retail REITs earnings growth-1.7%
Revenue growth rate-4.2%
Future return on equity5.33%
Analyst coverage

Low

Last updated08 Jun 2026

Recent future growth updates

Recent updates

Narrative Update • Jun 01

UE: Raised Guidance And Redevelopment Pipeline Will Support Fair Value

Analysts have raised their price target for Urban Edge Properties from $22.14 to $23.43, citing updated assumptions that include a smaller expected decline in revenue growth, lower projected profit margins, and a higher future P/E multiple. What's in the News Urban Edge Properties reported adjusted funds from operations of $47.6 million, or $0.36 per share, in Q1 2026, with a 3% year over year change in this metric and strong leasing activity that included 45 leases covering 419,000 square feet.
Narrative Update • Apr 12

UE: Earnings Outlook And Higher Dividend Will Support Fair Value

Analysts have modestly adjusted their price target on Urban Edge Properties to $22.14, reflecting updated views on discount rates, profit margins, and future P/E assumptions while keeping their fair value estimate steady at $22.14. What's in the News Issued full year 2026 earnings guidance, with anticipated net income of $0.49 to $0.54 per diluted share, or US$64,300,000 to US$70,800,000, and net income attributable to common shareholders of US$61,800,000 to US$68,000,000 (Key Developments) Board of Trustees declared a regular quarterly dividend of $0.21 per common share on February 10, 2026, indicating an annual dividend rate of $0.84 per share (Key Developments) Indicated annual dividend rate reflects an increase of $0.08 per share, or 11% compared with the prior annual rate, with payment scheduled for March 31, 2026 to shareholders of record on March 13, 2026 (Key Developments) Valuation Changes Fair Value: The model fair value remains steady at $22.14 per share, with no change from the prior estimate.
Narrative Update • Mar 28

UE: Future Earnings Guidance And Higher Dividend Will Support Fair Value

Analysts now hold their fair value estimate for Urban Edge Properties steady at $22.14 per share, citing unchanged assumptions around long term discount rate, revenue growth, profit margin, and future P/E as the basis for maintaining the prior price target level. What's in the News Urban Edge Properties issued full year 2026 earnings guidance, with anticipated net income of $0.49 to $0.54 per diluted share and total net income projected in a range of $64,300,000 to $70,800,000 (Key Developments).
Seeking Alpha • Mar 17

Urban Edge Amidst A Potential Whitestone Bidding War

Summary Urban Edge Properties trades at 79% of NAV and 17.6x AFFO, entering value territory amid strong shopping center fundamentals. UE benefits from densely populated, high-income Northeastern markets, boasting 96.7% occupancy and aggressive lease spreads, but growth is rate-driven due to full occupancy. High anchor space limits leasing economics but offers redevelopment potential, with SNO leases providing visibility into future NOI growth. UE is now on my radar as a valid, undervalued investment, though peers like Whitestone, Kimco, and Brixmor remain key holdings. Read the full article on Seeking Alpha
Narrative Update • Mar 12

UE: Fair Value Will Reflect Higher Dividend And Revised Earnings Expectations

Analysts now maintain the fair value estimate for Urban Edge Properties at $22.14. The updated price target reflects slightly different assumptions around the discount rate, revenue growth, profit margins, and future P/E, rather than a broad change in overall conviction.
Narrative Update • Feb 26

UE: Fair Value Will Reflect Higher Dividend Payout And Revised Earnings Outlook

Analysts have trimmed their price target for Urban Edge Properties by about $0.14 to $22.14, reflecting updated views that incorporate a shift in revenue growth assumptions, a higher projected profit margin, and a lower future P/E estimate. What's in the News On February 10, 2026, Urban Edge Properties' Board of Trustees declared a regular quarterly dividend of $0.21 per common share, indicating an annualized rate of $0.84 per share.
Narrative Update • Feb 11

UE: Steady Fair Value Will Reflect Tighter Discount Rate And P/E Assumptions

Analysts kept their fair value estimate for Urban Edge Properties steady at $22.29 while fine tuning underlying assumptions such as the discount rate and long term P/E outlook, which suggests a more measured view of risk and earnings quality behind the unchanged price target. Valuation Changes Fair Value: Held steady at $22.29, with no change in the published estimate.
Narrative Update • Jan 27

UE: Higher 2025 Earnings Guidance And Buybacks Will Support A Stronger Bullish Outlook

Analysts have held their average price target for Urban Edge Properties steady at about US$22.29, reflecting updated views on discount rates, profit margins, and a higher assumed future P/E multiple, while keeping revenue expectations broadly unchanged. What's in the News Completed share repurchase of 5,873,923 shares, about 4.87% of outstanding stock, for a total of US$54.42 million under the buyback program announced on March 4, 2020 (Key Developments).
Narrative Update • Jan 13

UE: Higher 2025 Earnings Guidance Will Support A Stronger Bullish Outlook

Analysts have nudged their price target for Urban Edge Properties slightly lower, from about US$22.80 to roughly US$22.29, citing updated assumptions for revenue trends, profit margin expectations, and a higher forward P/E multiple. What's in the News Urban Edge Properties reported that, between July 1, 2025 and September 30, 2025, it repurchased 0 shares for US$0 million under its existing buyback program, keeping the total completed repurchases at 5,873,923 shares, or 4.87%, for US$54.42 million under the authorization announced on March 4, 2020 (Key Developments).
Seeking Alpha • Nov 10

Urban Edge Properties: Improving Quality But High Valuation

Summary Urban Edge has delivered over 47% total returns since November 2023, with a current forward yield of 2.89% and a P/FFO multiple of 17.63x. Looking at UE stock, I question the relative valuation compared to peers KIM, REG, and FRT. Diving a bit more, I will identify UE's advantages and vulnerabilities compared to peers. Recommend adding UE only after a significant correction for a more attractive valuation and yield, given the sector's recent rally. Read the full article on Seeking Alpha
Seeking Alpha • Oct 09

Urban Edge Properties: A Small-Cap REIT Poised To Benefit From Lower Interest Rates

Summary Urban Edge Properties, a small-cap REIT focused on shopping centers, is poised for growth due to lower interest rates and strong fundamentals. UE's solid performance includes a 13.81% stock increase, impressive occupancy rates, and a conservative payout ratio, indicating potential for future dividend growth. The REIT's well-laddered debt profile and strong development pipeline position it for long-term capital appreciation, despite some exposure to at-risk tenants. Valued below peers with a forward P/FFO multiple of 15.55x, UE offers nearly 20% upside potential, making it a buy for investors seeking potentially hidden gems. Despite market volatility, UE has outperformed the S&P over the past four months, with impressive Q2 results including increased NOI, FFO, and occupancy rates, signaling continued growth. Read the full article on Seeking Alpha
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New Narrative • Sep 09

Aggressive Acquisitions And Funding Risks Threaten To Erode Shareholder Value

Aggressive acquisition and redevelopment strategies could lead to operational inefficiencies and financial risks, impacting net margins and operational income.
Seeking Alpha • Jun 30

Urban Edge Properties: An Undercovered REIT Gem That Should Be On Your Radar

Summary Urban Edge Properties is a shopping center REIT focused on the corridor between Washington D.C. and Boston, with strong growth potential. The REIT achieved impressive growth through acquisitions at attractive spreads, leading to solid FFO and AFFO growth ahead. Urban Edge Properties has strong tenants, a growth pipeline, and a solid balance sheet with ample liquidity, despite higher net debt to EBITDA compared to peers. Their dividend is well-covered with a payout ratio of just 51%, giving the REIT ample room for future dividend increases. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

NYSE:UE - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202842170N/AN/A2
12/31/20274436845N/A3
12/31/20264437038N/A4
3/31/2026478108189189N/A
12/31/202547293183183N/A
9/30/2025469111184184N/A
6/30/2025461105165165N/A
3/31/202545478163163N/A
12/31/202444572153153N/A
9/30/2024435263161161N/A
6/30/2024425290159159N/A
3/31/2024417270157157N/A
12/31/2023417248163163N/A
9/30/202340241144144N/A
6/30/202339816147147N/A
3/31/202339718145145N/A
12/31/202239846140140N/A
9/30/202242575141141N/A
6/30/202243391143143N/A
3/31/202243092141141N/A
12/31/2021425103135135N/A
9/30/202138479131131N/A
6/30/202135346124124N/A
3/31/202133265111111N/A
12/31/202033094113113N/A
9/30/202033978116116N/A
6/30/2020354138122122N/A
3/31/2020383133148148N/A
12/31/2019388109N/A156N/A
9/30/2019393113N/A165N/A
6/30/201941483N/A137N/A
3/31/2019413110N/A132N/A
12/31/2018414105N/A137N/A
9/30/201841184N/A132N/A
6/30/201839377N/A151N/A
3/31/201838037N/A155N/A
12/31/201740767N/A158N/A
9/30/2017393100N/A153N/A
6/30/2017379102N/A154N/A
3/31/2017369123N/A142N/A
12/31/201632691N/A137N/A
9/30/201632387N/A137N/A
6/30/201632387N/A142N/A
3/31/201632269N/A140N/A
12/31/201532339N/A138N/A
9/30/201532240N/A126N/A
6/30/201531935N/A117N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: UE's earnings are forecast to decline over the next 3 years (-18.6% per year).

Earnings vs Market: UE's earnings are forecast to decline over the next 3 years (-18.6% per year).

High Growth Earnings: UE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: UE's revenue is expected to decline over the next 3 years (-4.2% per year).

High Growth Revenue: UE's revenue is forecast to decline over the next 3 years (-4.2% 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 (5.3%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 02:53
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Urban Edge Properties is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael GormanBTIG
Christopher LucasCapital One Securities, Inc.
Floris Gerbrand van DijkumCompass Point Research & Trading, LLC