Urban Edge Properties
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- Market Cap.:
- $2.00 billion
- Book Value:
- Revenue TTM:
- $398.39 million
- Operating Margin TTM:
- Gross Profit TTM:
- $249.28 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Urban Edge Properties had its IPO on 2015-01-16 under the ticker symbol UE.
The company operates in the Real Estate sector and REIT-Retail industry. Urban Edge Properties has a staff strength of 115 employees.
Shares of Urban Edge Properties opened at $16.32 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $16.28 - $16.5, and closed at $16.5.
This is a +0.98% increase from the previous day's closing price.
A total volume of 645,640 shares were traded at the close of the day’s session.
In the last one week, shares of Urban Edge Properties have increased by +0.43%.
Urban Edge Properties's Key Ratios
Urban Edge Properties has a market cap of $2.00 billion, indicating a price to book ratio of 1.8305 and a price to sales ratio of 4.1062.
In the last 12-months Urban Edge Properties’s revenue was $398.39 million with a gross profit of $249.28 million and an EBITDA of $213.48 million. The EBITDA ratio measures Urban Edge Properties's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Urban Edge Properties’s operating margin was 29.45% while its return on assets stood at 2.5% with a return of equity of 1.6%.
In Q2, Urban Edge Properties’s quarterly earnings growth was a negative -11.8% while revenue growth was a positive 1.2%.
Urban Edge Properties’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $0.13 per share while it has a forward price to earnings multiple of 56.4972 and a PEG multiple of 6.59. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Urban Edge Properties’s profitability.
Urban Edge Properties stock is trading at a EV to sales ratio of 8.0921 and a EV to EBITDA ratio of 14.7568. Its price to sales ratio in the trailing 12-months stood at 4.1062.
Urban Edge Properties stock pays annual dividends of $0.64 per share, indicating a yield of 3.89% and a payout ratio of 4%.
Balance sheet and cash flow metrics
- Total Assets
- $2.90 billion
- Total Liabilities
- $70.51 million
- Operating Cash Flow
- Capital Expenditure
- $33.66 million
- Dividend Payout Ratio
Urban Edge Properties ended 2023 with $2.90 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.90 billion while shareholder equity stood at $931.73 million.
Urban Edge Properties ended 2023 with $0 in deferred long-term liabilities, $70.51 million in other current liabilities, 1175000.00 in common stock, $-82588000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $48.93 million and cash and short-term investments were $48.93 million. The company’s total short-term debt was $0 while long-term debt stood at $1.68 billion.
Urban Edge Properties’s total current assets stands at $190.10 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $82.34 million compared to accounts payable of $88.30 million and inventory worth $0.
In 2023, Urban Edge Properties's operating cash flow was $-33657000.00 while its capital expenditure stood at $33.66 million.
Comparatively, Urban Edge Properties paid $0.04 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Urban Edge Properties stock is currently trading at $16.5 per share. It touched a 52-week high of $17.68 and a 52-week low of $17.68. Analysts tracking the stock have a 12-month average target price of $19.25.
Its 50-day moving average was $16.45 and 200-day moving average was $14.98 The short ratio stood at 6.06 indicating a short percent outstanding of 0%.
Around 331.2% of the company’s stock are held by insiders while 10408.7% are held by institutions.
Frequently Asked Questions About Urban Edge Properties
Similar Industry Stocks (REIT-Retail)
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, D.C. to Boston corridor. Urban Edge owns 76 properties totaling 17.2 million square feet of gross leasable area.