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

Urban Edge Properties (NYSE:UE) 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

Separately, Evercore ISI reduced their price target on shares of Urban Edge Properties from $23.00 to $22.00 and set an “in-line” rating on the stock in a research report on Tuesday, December 24th.

Urban Edge Properties Stock Down 0.7 %

Urban Edge Properties stock traded down $0.14 during midday trading on Wednesday, hitting $20.61. 209,186 shares of the company’s stock were exchanged, compared to its average volume of 754,367. The company has a market cap of $2.57 billion, a PE ratio of 9.24 and a beta of 1.54. The firm has a 50-day moving average of $21.05 and a two-hundred day moving average of $21.32. Urban Edge Properties has a 12 month low of $15.81 and a 12 month 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.

Urban Edge Properties (NYSE:UE) last posted its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.25. Urban Edge Properties had a net margin of 59.23% and a return on equity of 20.89%. As a group, analysts expect that Urban Edge Properties will post 1.35 earnings per share for the current fiscal year.

Insider Transactions at Urban Edge Properties

In related news, CEO Jeffrey S. Olson sold 240,000 shares of Urban Edge Properties stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $22.45, for a total value of $5,388,000.00. Following the sale, the chief executive officer now owns 1,931 shares of the company’s stock, valued at approximately $43,350.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.10% of the company’s stock.

Urban Edge Properties Company Profile

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.