Urban Edge Properties (NYSE:UE) Releases FY 2025 Earnings Guidance

Urban Edge Properties (NYSE:UE - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.370-1.420 for the period, compared to the consensus estimate of 1.400. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on UE. Evercore ISI dropped their price target on Urban Edge Properties from $23.00 to $22.00 and set an "in-line" rating for the company in a research report on Tuesday, December 24th. StockNews.com downgraded Urban Edge Properties from a "hold" rating to a "sell" rating in a research report on Friday.

Urban Edge Properties Price Performance

NYSE:UE traded down $0.89 during mid-day trading on Friday, reaching $20.73. The stock had a trading volume of 1,201,783 shares, compared to its average volume of 687,137. The firm has a 50 day moving average price of $20.95 and a two-hundred day moving average price of $21.32. The stock has a market capitalization of $2.60 billion, a P/E ratio of 9.29 and a beta of 1.54. Urban Edge Properties has a one year low of $15.81 and a one year high of $23.85. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.30 and a current ratio of 1.30.

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Urban Edge Properties (NYSE:UE - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.25. Urban Edge Properties had a return on equity of 20.89% and a net margin of 59.23%. As a group, analysts expect that Urban Edge Properties will post 1.35 earnings per share for the current year.

Urban Edge Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.19 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.76 annualized dividend and a yield of 3.67%. This is an increase from Urban Edge Properties's previous quarterly dividend of $0.17. Urban Edge Properties's payout ratio is presently 128.81%.

Insider Buying and Selling at Urban Edge Properties

In other Urban Edge Properties news, CEO Jeffrey S. Olson sold 240,000 shares of the business's stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $22.45, for a total value of $5,388,000.00. Following the completion of the sale, the chief executive officer now owns 1,931 shares in the company, valued at approximately $43,350.95. The trade was a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 3.10% of the company's stock.

About Urban Edge Properties

Urban Edge Properties is a NYSE listed real estate investment trust focused on owning, managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the Washington, DC to Boston corridor. Urban Edge owns 76 properties totaling 17.1 million square feet of gross leasable area.