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

Urban Edge Properties (NYSE:UE) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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 -.

Urban Edge Properties Price Performance

UE stock opened at $21.56 on Friday. The firm has a 50 day moving average of $20.99 and a 200-day moving average of $21.32. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.13. Urban Edge Properties has a 12 month low of $15.81 and a 12 month high of $23.85. The firm has a market capitalization of $2.69 billion, a P/E ratio of 9.72 and a beta of 1.54.

Urban Edge Properties (NYSE:UE) last announced its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.34 earnings per share for the quarter, beating 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, sell-side analysts predict that Urban Edge Properties will post 1.35 earnings per share for the current fiscal year.

Urban Edge Properties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Urban Edge Properties’s previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a dividend yield of 3.52%. Urban Edge Properties’s dividend payout ratio (DPR) is 30.49%.

Wall Street Analyst Weigh In

Separately, Evercore ISI decreased 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 note on Tuesday, December 24th.

Insiders Place Their Bets

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 transaction, the chief executive officer now directly owns 1,931 shares of the company’s stock, valued at $43,350.95. The trade was a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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.