Urban Edge Properties

Company Profile

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.

Stock update

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

56.4972

Trailing PE

125.6923

PEG

6.59

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

$-33657000.00

Capital Expenditure

$33.66 million

Dividend Payout Ratio

4%

Urban Edge Properties ended 2024 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 2024 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 2024, 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 2024.

Other key metrics

Current Trading Price

$16.5

52-Week High

$17.68

52-Week Low

$12.4939

Analyst Target Price

$19.25

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.