Urban Edge Properties

Urban Edge Properties is a real estate investment trust, which engages in the acquisition, development, and management of commercial properties. Its portfolio includes shopping centers, malls, and warehouse parks. The company was founded on June 18, 2014 and is headquartered in New York, NY.

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Earnings data Q3 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Urban Edge Properties reports robust Q4 performance and growth outlook

Urban Edge Properties (UE) delivered a strong performance in Q4 2022, with notable increases in FFO and same-property NOI, reflecting operational excellence and growth.
Despite facing challenges related to credit loss reserves and maturing mortgages, UE's solid balance sheet and strategic initiatives position the company well for future success.
The company's focus on unlocking value through redevelopment projects, strong leasing momentum, and opportunities in the New York metro area highlight a promising outlook for growth and value creation.

Urban Edge Properties reports strong Q1 results and eyes occupancy growth

Urban Edge Properties (UE) delivered robust Q1 results, showcasing growth in FFO and NOI, successful execution of redevelopment projects, and a strategic focus on tenant quality. While facing challenges with an impairment charge, UE remains optimistic about future growth opportunities through increased occupancy rates and prudent financial management.

Urban Edge Properties exceeds Q2 targets amid favorable leasing environment

Urban Edge Properties (UE) delivered strong financial performance in Q2 2023, surpassing its net operating income and FFO targets amidst robust demand.
With a record low vacancy rate and active redevelopment projects, UE demonstrates resilience and strategic foresight in optimizing its retail portfolio.
Despite challenges in portfolio balancing and cost management, UE's focus on growth initiatives and efficiency enhancements bodes well for future success.

Urban Edge Properties reports robust Q3 performance and outlines growth strategy

Urban Edge Properties (UE) delivered a strong Q3 performance with notable acquisitions, increased earnings guidance, and a clear strategic vision for future growth.
While facing challenges in rent increases and same-store guidance, UE remains focused on achieving their financial targets and navigating market uncertainties.
UE's commitment to long-term goals, operational excellence, and financial discipline positions them well to capitalize on opportunities and drive sustainable growth.

Urban Edge Properties achieves record performance and eyes growth opportunities

Urban Edge Properties (UE) had a remarkable year in 2023, marked by strong financial performance, strategic initiatives, and optimistic outlook for future growth. With a focus on increasing lease occupancy, executing redevelopment projects, and prudent financial management, UE aims to sustain its growth trajectory and deliver value to shareholders. The company's confidence in earnings and cash flow growth, coupled with its strong leasing activity and portfolio performance, positions UE for continued success in the real estate market.

Urban Edge Properties (UE) reports strong Q1 performance and growth outlook

Urban Edge Properties (UE) delivered a strong performance in Q1 2024, driven by higher NOI growth and increased FFO as adjusted.
The company's strategic acquisitions, robust leasing activities, and healthy balance sheet position it well for future growth.
While challenges exist in maintaining growth momentum and managing debt levels, Urban Edge Properties (UE) has opportunities to capitalize on its strengths and drive continued success.

Urban Edge Properties reports robust Q2 performance and growth outlook

Urban Edge Properties (UE) delivered a strong Q2 performance with earnings growth, increased occupancy, and strategic acquisitions.
Despite facing minimal exposure to at-risk tenants, UE's focus on enhancing portfolio quality and driving growth positions it well for the future.
Opportunities lie in capitalizing on acquisitions, maintaining high occupancy levels, and leveraging strong financial stability for continued success.

Urban Edge Properties reports robust Q3 performance and eyes strategic growth

Urban Edge Properties (UE) delivered strong financial performance in Q3 2024, marked by FFO growth, successful acquisitions, and leasing momentum.
While facing challenges in a competitive acquisition market and managing leverage levels, UE's strategic focus and revised guidance signal resilience and growth potential.
Opportunities lie in targeted market expansion, prudent capital allocation, and leveraging financial flexibility to drive future value creation for UE.

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Urban Edge Properties is a real estate investment trust, which engages in the acquisition, development, redevelopment, and management of retail real estate. Its portfolio includes shopping centers, malls, and industrial parks. The company was founded on June 18, 2014 and is headquartered in New York, NY.

Urban Edge has delivered over 47% total returns since November 2023, with a current forward yield of 2.89% and a P/FFO multiple of 17.63x. Looking at UE stock, I question the relative valuation compared to peers KIM, REG, and FRT. Diving a bit more, I will identify UE's advantages and vulnerabilities compared to peers.

Urban Edge Properties: Improving Quality But High Valuation

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Declares a Quarterly Common Dividend of $0.17 per Share.

Urban Edge Properties Declares a Quarterly Common Dividend of $0.17 per Share

Urban Edge Properties (NYSE:UE ) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Areeba Ahmed - Investor Relations Associate Jeffrey Olson - Chairman & Chief Executive Officer Jeffrey Mooallem - Chief Operating Officer Mark Langer - Chief Financial Officer Conference Call Participants Floris Van Dijkum - Compass Point Samir Khanal - Evercore ISI Ronald Kamdem - Morgan Stanley Paulina Rojas - Green Street Operator Ladies and gentlemen, good morning, and welcome to the Urban Edge Properties Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Urban Edge Properties (UE) Q3 2024 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports Third Quarter 2024 Results.

Urban Edge Properties Reports Third Quarter 2024 Results

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Urban Edge Properties (UE) have what it takes?

Why Urban Edge Properties (UE) is a Top Dividend Stock for Your Portfolio

Urban Edge Properties, a small-cap REIT focused on shopping centers, is poised for growth due to lower interest rates and strong fundamentals. UE's solid performance includes a 13.81% stock increase, impressive occupancy rates, and a conservative payout ratio, indicating potential for future dividend growth. The REIT's well-laddered debt profile and strong development pipeline position it for long-term capital appreciation, despite some exposure to at-risk tenants.

Urban Edge Properties: A Small-Cap REIT Poised To Benefit From Lower Interest Rates

Urban Edge Properties (UE) is a Top Dividend Stock Right Now: Should You Buy?

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its Third Quarter 2024 Earnings Conference Call.

Urban Edge Properties Invites You to Join Its Third Quarter 2024 Earnings Conference Call

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Shopping Center REITs Are Hot: Pick A Winner

Urban Edge Properties (NYSE:UE ) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Areeba Ahmed - IR Associate Jeffrey Olson - Chairman & CEO Jeffrey Mooallem - COO Mark Langer - CFO Conference Call Participants Steve Sakwa - Evercore ISI Samir Khanal - Evercore ISI Floris van Dijkum - Compass Point Ronald Kamdem - Morgan Stanley Operator Greetings and welcome to the Urban Edge Properties Second Quarter 2024 Earnings Call. At this time all participants are in a listen-only mode.

Urban Edge Properties (UE) Q2 2024 Earnings Call Transcript

Urban Edge Properties (UE) came out with quarterly funds from operations (FFO) of $0.32 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.30 per share a year ago.

Urban Edge Properties (UE) Q2 FFO Match Estimates

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports Second Quarter 2024 Results.

Urban Edge Properties Reports Second Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Named One of New Jersey's Best Places to Work by NJBIZ for Third Consecutive Year.

Urban Edge Properties Named One of New Jersey's Best Places to Work by NJBIZ for Third Consecutive Year

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7 Overlooked Dividend Stocks to Buy for Income at a Bargain

Urban Edge Properties is a shopping center REIT focused on the corridor between Washington D.C. and Boston, with strong growth potential. The REIT achieved impressive growth through acquisitions at attractive spreads, leading to solid FFO and AFFO growth ahead. Urban Edge Properties has strong tenants, a growth pipeline, and a solid balance sheet with ample liquidity, despite higher net debt to EBITDA compared to peers.

Urban Edge Properties: An Undercovered REIT Gem That Should Be On Your Radar

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Announces Release of 2023 Corporate Responsibility Report.

Urban Edge Properties Announces Release of 2023 Corporate Responsibility Report

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its Second Quarter 2024 Earnings Conference Call.

Urban Edge Properties Invites You to Join Its Second Quarter 2024 Earnings Conference Call

Urban Edge Properties (NYSE:UE ) Q1 2024 Earnings Conference Call May 7, 2024 8:30 AM ET Company Participants Areeba Ahmed - Investor Relations Associate Jeffrey Olson - Chairman & Chief Executive Officer Jeffrey Mooallem - EVP & Chief Operating Officer Mark Langer - EVP & Chief Financial Officer Robert Milton - EVP & General Counsel Scott Auster - EVP & Head of Leasing Andrea Drazin - Chief Accounting Officer Conference Call Participants Steve Sakwa - Evercore ISI Floris van Dijkum - Compass Point Ronald Kamdem - Morgan Stanley Paulina Rojas - Green Street Operator Greetings, and welcome to the Urban Edge Properties First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Urban Edge Properties (UE) Q1 2024 Earnings Call Transcript

Urban Edge Properties (UE) came out with quarterly funds from operations (FFO) of $0.33 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to FFO of $0.32 per share a year ago.

Urban Edge Properties (UE) Beats Q1 FFO and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports First Quarter 2024 Results.

Urban Edge Properties Reports First Quarter 2024 Results

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Retail REIT share prices have declined more than the overall REIT sector, presenting a potential investment opportunity. The Marcus & Millichap 2024 Retail Forecast highlights job growth, migration patterns, and rising retail space demand. The top markets for retail investment are dominated by Florida and Texas, creating opportunities for shopping center landlords in the Sun Belt.

Sector Spotlight: Retail Could Break Out In 2024

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Invites You to Join Its First Quarter 2024 Earnings Conference Call.

Urban Edge Properties Invites You to Join Its First Quarter 2024 Earnings Conference Call

Urban Edge Properties (UE) Q4 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Reports Fourth Quarter and Full Year 2023 Results.

Urban Edge Properties Reports Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Announces Tax Treatment of 2023 Dividend Distributions.

News for Urban Edge Properties Stock (UE)