Logo

UE

Urban Edge Properties

UE

Urban Edge Properties • NYSE
$19.22 ▼ -0.05% (-0.01)
Market Cap $2.42 B
52w High $23.05
52w Low $15.66
Dividend Yield 0.74%
P/E 21.6
Volume 340.57K
Outstanding Shares 125.85M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $120.126M ▲ $8.976M ▼ $16.741M ▼ 13.936% ▼ $0.12 ▼ $72.346M ▼
Q2-2025 $114.084M ▼ $47.609M ▼ $57.978M ▲ 50.82% ▲ $0.46 ▲ $116.496M ▲
Q1-2025 $118.165M ▲ $50.097M ▼ $8.198M ▼ 6.938% ▼ $0.07 ▼ $64.824M ▼
Q4-2024 $116.367M ▲ $50.621M ▲ $30.121M ▲ 25.884% ▲ $0.24 ▲ $88.101M ▲
Q3-2024 $112.427M $47.501M $9.08M 8.076% $0.073 $63.039M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $77.796M ▲ $3.328B ▲ $1.942B ▲ $1.386B ▲
Q2-2025 $52.962M ▲ $3.314B ▲ $1.921B ▼ $1.306B ▲
Q1-2025 $48.049M ▲ $3.312B ▲ $1.959B ▲ $1.267B ▼
Q4-2024 $41.373M ▼ $3.312B ▲ $1.95B ▲ $1.362B ▲
Q3-2024 $67.915M $3.212B $1.873B $1.254B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $15.541M ▼ $55.695M ▲ $-30.958M ▼ $1.856M ▲ $26.593M ▲ $55.695M ▲
Q2-2025 $60.793M ▲ $43.457M ▲ $40.54M ▲ $-63.888M ▼ $20.109M ▲ $43.457M ▲
Q1-2025 $8.382M ▼ $32.582M ▼ $-20.73M ▲ $-4.4M ▼ $7.452M ▲ $32.582M ▼
Q4-2024 $31.506M ▲ $52.439M ▲ $-88.353M ▼ $36.91M ▲ $996K ▲ $52.439M ▼
Q3-2024 $9.467M $36.58M $-24.414M $-23.728M $-11.562M $78.144M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Product and Service Other
Product and Service Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Rental Revenue
Rental Revenue
 $120.00M ▲$120.00M ▲$110.00M ▼$120.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Urban Edge’s revenue has grown steadily over the last few years, helped by a recovery after the pandemic and solid tenant demand in its core markets. Profitability has been a bit choppy, with one year standing out as unusually strong, likely influenced by one-time gains or property-related items that are common in real estate. Stripping out that outlier, the business looks like a consistent, moderately profitable retail-focused REIT, not a high-growth story but a steady earner with improving margins versus the early years in the period shown.

Balance Sheet

Balance Sheet The balance sheet shows a largely stable property base that has inched higher over time, with equity growing and debt staying fairly steady. This suggests a gradual strengthening of the company’s financial cushion as retained earnings build. Debt is a key part of the model, as with most REITs, but it doesn’t appear to be rising aggressively relative to assets. Cash on hand is lower than it was right after the pandemic, which is typical as companies move from a defensive stance back to normal operations and redevelopment spending, but it does mean less of an immediate liquidity buffer and more reliance on access to capital markets and property cash flows.

Cash Flow

Cash Flow Underlying cash generation from operations has been stable to slightly improving, which is important for a REIT that depends on rental income to support dividends and reinvestment. Free cash flow has strengthened in the most recent years, helped by very light capital spending after a period of heavier redevelopment investment. That pattern suggests the company moved through a more investment-heavy phase and is now harvesting cash from its existing projects. The flip side is that very low capital spending today may need to rise again in the future if they want to sustain growth through additional redevelopments and acquisitions.

Competitive Edge

Competitive Edge Urban Edge operates in a focused corridor from Washington D.C. to Boston, an area with dense populations, high incomes, and limited new retail supply. Within that region, it concentrates on grocery-anchored and value-oriented shopping centers, which tend to be more resilient to e-commerce and economic slowdowns because they serve everyday needs. Its expertise in buying underperforming centers and redeveloping them into stronger assets, combined with a disciplined habit of selling weaker properties and reinvesting into better ones, is a core strength. The use of property-specific, non-recourse debt adds another layer of risk management. Overall, the company’s competitive edge comes more from location discipline and redevelopment know-how than from sheer scale.

Innovation and R&D

Innovation and R&D Innovation at Urban Edge is practical rather than flashy. The company focuses on using existing technologies to run properties more efficiently, lower energy use, and improve communication with tenants. Examples include portfolio-wide LED lighting upgrades in parking areas, significant spending on energy-efficient roofing, and the use of “green” lease terms to align tenants with sustainability goals. A tenant-facing mobile app supports engagement and marketing, while standard commercial tools like Salesforce, Adobe, and analytics platforms help refine operations and leasing decisions. The main opportunity going forward lies in pushing data and analytics further—using them to fine-tune tenant mix, redevelopment decisions, and customer traffic patterns—rather than in creating entirely new technologies.

Summary

Urban Edge looks like a focused, execution-driven retail REIT built around a specific high-barrier region and a repeatable redevelopment model. The income statement shows steady, if not explosive, growth with some noise from one-time items that are typical in real estate. The balance sheet appears reasonably well managed, with stable leverage and rising equity, while cash flows indicate a business that has moved from an investment-heavy phase to a period of stronger free cash generation. Competitively, the company leans on location quality, necessity retail, and redevelopment skill instead of broad diversification. Its innovation efforts emphasize ESG, efficiency, and tenant engagement rather than breakthrough technology. Key things to watch include how well it sources new redevelopment opportunities, manages interest rate and financing risks, and deepens its use of data to keep centers relevant in a changing retail environment.

NEWS

November 6, 2025 · 4:15 PM UTC

Urban Edge Properties Declares a Quarterly Common Dividend of $0.19 per Share

Read more

October 29, 2025 · 7:00 AM UTC

Urban Edge Properties Reports Third Quarter 2025 Results

Read more

October 27, 2025 · 7:00 AM UTC

Urano Energy Expands I-70 Uranium Project Through Strategic Acquisition from enCore Energy Corp.

Read more

October 15, 2025 · 7:00 AM UTC

Urano Energy Defines Historical Uranium Inventory at Green River Project in Utah; Evaluation Identifies 1.4 Million Pounds of Historical Indicated and Inferred Uranium Resources

Read more