Urban Edge Properties (NYSE:UE) Posts Earnings Results, Beats Expectations By $0.03 EPS

Posted by Brian Himes on Aug 7th, 2026

Urban Edge Properties (NYSE:UE – Get Free Report) posted its quarterly earnings data on Thursday. The real estate investment trust reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03, FiscalAI reports. 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 analyst estimates of $117.86 million. Urban Edge Properties updated its FY 2026 guidance to 1.500-1.540 EPS.

Here are the key takeaways from Urban Edge Properties’ conference call:

Urban Edge reported record second-quarter FFO as adjusted of $0.40 per share, up 10% year over year, while same-property NOI increased 3.2%. Management raised full-year FFO guidance to $1.50–$1.54 per share and lifted the low end of its same-property NOI growth forecast.
Leasing demand remained strong, with new-lease cash spreads near 30% year to date and expected to exceed 20% for the full year. The company is selectively replacing weaker tenants with higher-quality names, although this strategy has temporarily reduced shop occupancy.
The company’s $22 million signed-not-open pipeline and $155 million redevelopment pipeline provide visible future growth, including more than $8 million of annual rent expected from new tenants at Bruckner Commons beginning in 2027.
Retail acquisition pricing has become more competitive, compressing cap rates to roughly 5%–7% and limiting opportunities that meet return thresholds. Second-quarter earnings also benefited from approximately $0.03 per share of one-time items, including Wren Kitchens termination income and a tax refund.
Same-property leased occupancy declined to 96.3% and shop occupancy to 91.7%, partly because of the Wren Kitchens bankruptcy and deliberate recapture of weaker tenants. Management expects shop occupancy to recover above 93% and blended occupancy to approach 97% by year-end.

Urban Edge Properties Stock Performance

Shares of Urban Edge Properties stock traded up $0.06 during trading on Friday, hitting $21.59. 966,454 shares of the company’s stock traded hands, compared to its average volume of 937,110. The business has a 50-day simple moving average of $22.88 and a 200-day simple moving average of $21.58. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.08 and a quick ratio of 2.08. The stock has a market capitalization of $2.72 billion, a P/E ratio of 25.11 and a beta of 0.98. Urban Edge Properties has a 1 year low of $18.46 and a 1 year high of $24.11.

Urban Edge Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.84 annualized dividend and a dividend yield of 3.9%. Urban Edge Properties’s dividend payout ratio (DPR) is 97.67%.

Insider Activity at Urban Edge Properties

In other news, CEO Jeffrey S. Olson sold 19,034 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $21.62, for a total transaction of $411,515.08. Following the completion of the transaction, the chief executive officer directly owned 3,665 shares of the company’s stock, 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 at the SEC website. 2.70% of the stock is owned by corporate insiders.

Institutional Trading of Urban Edge Properties

Several large investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Urban Edge Properties by 4.6% in 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in 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 worth $16,567,000 after acquiring an additional 58,350 shares in the last quarter. Jane Street Group LLC bought a new stake in Urban Edge Properties during the 1st quarter worth approximately $5,076,000. New York State Common Retirement Fund lifted its holdings in Urban Edge Properties by 15.1% during the second quarter. New York State Common Retirement Fund now owns 42,670 shares of the real estate investment trust’s stock valued at $796,000 after purchasing an additional 5,600 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Urban Edge Properties by 21.9% during the second 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 in the last quarter. Institutional investors own 94.94% of the company’s stock.

Analysts Set New Price Targets

UE has been the topic of a number of recent research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Urban Edge Properties in a research note on Friday, July 24th. BTIG Research reiterated a “buy” rating and issued a $25.00 price target on shares of Urban Edge Properties in a research note on Friday, June 12th. Finally, UBS Group increased their price objective on shares of Urban Edge Properties from $22.00 to $24.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Urban Edge Properties has an average rating of “Hold” and a consensus price target of $23.20.

Read Our Latest Report on UE

Urban Edge Properties Company Profile

(Get Free Report)

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.