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. More Details
Undervalued with proven track record.
Share Price & News
How has Urban Edge Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UE has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: UE underperformed the US REITs industry which returned -14.2% over the past year.
Return vs Market: UE underperformed the US Market which returned 18.3% over the past year.
Price Volatility Vs. Market
How volatile is Urban Edge Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHow Does Urban Edge Properties' (NYSE:UE) CEO Pay Compare With Company Performance?
1 month ago | Simply Wall StReflecting on Urban Edge Properties' (NYSE:UE) Share Price Returns Over The Last Three Years
3 months ago | Simply Wall StBoasting A 14% Return On Equity, Is Urban Edge Properties (NYSE:UE) A Top Quality Stock?
Is Urban Edge Properties undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UE ($10.5) is trading below our estimate of fair value ($21.21)
Significantly Below Fair Value: UE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UE is good value based on its PE Ratio (9.2x) compared to the US REITs industry average (34.5x).
PE vs Market: UE is good value based on its PE Ratio (9.2x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: UE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: UE is good value based on its PB Ratio (1.2x) compared to the US REITs industry average (1.4x).
How is Urban Edge Properties forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UE's earnings are forecast to decline over the next 3 years (-49.6% per year).
Earnings vs Market: UE's earnings are forecast to decline over the next 3 years (-49.6% per year).
High Growth Earnings: UE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: UE's revenue (1.6% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: UE's revenue (1.6% 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 (4.5%).
How has Urban Edge Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UE has a large one-off gain of $114.2M impacting its June 30 2020 financial results.
Growing Profit Margin: UE's current net profit margins (38.9%) are higher than last year (20.1%).
Past Earnings Growth Analysis
Earnings Trend: UE's earnings have grown by 15.9% per year over the past 5 years.
Accelerating Growth: UE's earnings growth over the past year (65.6%) exceeds its 5-year average (15.9% per year).
Earnings vs Industry: UE earnings growth over the past year (65.6%) exceeded the REITs industry 5.1%.
Return on Equity
High ROE: UE's Return on Equity (14%) is considered low.
How is Urban Edge Properties's financial position?
Financial Position Analysis
Short Term Liabilities: UE's short term assets ($747.5M) exceed its short term liabilities ($20.8M).
Long Term Liabilities: UE's short term assets ($747.5M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: UE's debt to equity ratio (177.7%) is considered high.
Reducing Debt: UE's debt to equity ratio has reduced from 261% to 177.7% over the past 5 years.
Debt Coverage: UE's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: UE's interest payments on its debt are not well covered by EBIT (1.3x coverage).
What is Urban Edge Properties's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate UE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate UE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if UE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if UE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: UE is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of UE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Olson (52 yo)
Mr. Jeffrey S. Olson, also known as Jeff, has been the Chief Executive Officer and Chairman of Urban Edge Properties since December 29, 2014. Mr. Olson served as the Chief Executive Officer at Equity One ( ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD5.02M) is about average for companies of similar size in the US market ($USD4.43M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|Chairman & CEO||5.83yrs||US$5.02m||0.018% |
|Executive VP & CFO||5.5yrs||US$2.19m||0.028% |
|Executive VP & COO||2.08yrs||US$3.34m||0.00086% |
|Chief Investment Officer||5.5yrs||US$1.02m||0.033% |
|Chief Accounting Officer||5.83yrs||no data||0.016% |
|Executive VP||4.75yrs||no data||0.010% |
|Senior Vice President of Development & Construction||3.75yrs||no data||no data|
|Senior Vice President of Leasing||no data||no data||no data|
|Senior VP & Deputy General Counsel||no data||no data||no data|
|Senior Vice President of Property Accounting||no data||no data||no data|
|Senior Vice President of Information Technology||no data||no data||no data|
|Senior Vice President of Development||no data||no data||no data|
Experienced Management: UE's management team is seasoned and experienced (5.5 years average tenure).
|Chairman & CEO||5.83yrs||US$5.02m||0.018% |
|Independent Trustee||5.75yrs||US$169.01k||0.011% |
|Independent Trustee||5.75yrs||US$186.51k||0.0074% |
|Independent Trustee||5.75yrs||US$159.01k||0.83% |
|Independent Trustee||5.75yrs||US$191.51k||0.0074% |
|Lead Independent Trustee||5.75yrs||US$219.99k||0.0074% |
|Independent Trustee||5.83yrs||US$191.51k||0.0081% |
|Independent Trustee||0.58yr||no data||no data|
Experienced Board: UE's board of directors are considered experienced (5.8 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Urban Edge Properties's company bio, 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$1.274b
- Market Cap: US$1.225b
- Shares outstanding: 121.38m
- 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|
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 metropoli ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/25 01:08|
|End of Day Share Price||2020/10/23 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.