Urban Edge Properties (NYSE:UE – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.500-1.540 for the period, compared to the consensus earnings per share estimate of 1.490. The company issued revenue guidance of -.
Urban Edge Properties Stock Performance
NYSE UE traded down $0.51 during trading on Thursday, reaching $21.53. 851,625 shares of the company’s stock were exchanged, compared to its average volume of 763,477. The business has a 50 day moving average price of $22.88 and a 200-day moving average price of $21.58. The stock has a market capitalization of $2.71 billion, a P/E ratio of 25.03 and a beta of 0.98. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.08 and a quick ratio of 2.08. Urban Edge Properties has a fifty-two week low of $18.46 and a fifty-two week high of $24.11.
Urban Edge Properties (NYSE:UE – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $122.78 million during 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. Sell-side analysts forecast that Urban Edge Properties will post 1.49 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on UE
Insider Buying and Selling
In related news, CEO Jeffrey S. Olson sold 161,553 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $21.73, for a total transaction of $3,510,546.69. Following the transaction, the chief executive officer directly owned 22,699 shares of the company’s stock, valued at approximately $493,249.27. This trade represents a 87.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.70% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. State Street Corp boosted its stake in shares of Urban Edge Properties by 1.3% in the second quarter. State Street Corp now owns 7,394,625 shares of the real estate investment trust’s stock valued at $137,984,000 after buying an additional 92,101 shares during the period. Wellington Management Group LLP increased its stake in Urban Edge Properties by 1.8% during the 4th quarter. Wellington Management Group LLP now owns 4,606,296 shares of the real estate investment trust’s stock worth $88,395,000 after acquiring an additional 82,594 shares during the period. Geode Capital Management LLC increased its stake in Urban Edge Properties by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 3,284,098 shares of the real estate investment trust’s stock worth $63,032,000 after acquiring an additional 14,361 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Urban Edge Properties by 4.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,514,205 shares of the real estate investment trust’s stock valued at $48,248,000 after acquiring an additional 104,973 shares in the last quarter. Finally, Resolution Capital Ltd raised its holdings in Urban Edge Properties by 11.8% in the 2nd quarter. Resolution Capital Ltd now owns 2,475,155 shares of the real estate investment trust’s stock valued at $46,186,000 after acquiring an additional 262,167 shares in the last quarter. 94.94% of the stock is owned by 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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