UE RSI Chart
Last 7 days
5.4%
Last 30 days
0.1%
Last 90 days
-2.7%
Trailing 12 Months
15.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 397.2M | 398.4M | 401.9M | 416.9M |
2022 | 429.6M | 433.5M | 424.9M | 397.9M |
2021 | 332.4M | 352.8M | 383.8M | 425.1M |
2020 | 383.3M | 354.1M | 338.7M | 330.1M |
2019 | 412.8M | 413.6M | 392.6M | 387.6M |
2018 | 380.0M | 392.5M | 410.6M | 414.2M |
2017 | 369.0M | 379.0M | 393.1M | 407.0M |
2016 | 322.2M | 323.0M | 323.1M | 326.0M |
2015 | 316.8M | 318.7M | 322.1M | 322.9M |
2014 | 351.2M | 339.3M | 327.5M | 315.7M |
2013 | 0 | 0 | 0 | 363.0M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 12, 2024 | milton robert c. iii | sold | -448,103 | 17.0168 | -26,333 | general counsel and secretary |
Mar 11, 2024 | milton robert c. iii | acquired | - | - | 26,333 | general counsel and secretary |
Feb 12, 2024 | drazin andrea rosenthal | sold (taxes) | -17,289 | 17.66 | -979 | chief accounting officer |
Feb 09, 2024 | drazin andrea rosenthal | acquired | 99,994 | 17.445 | 5,732 | chief accounting officer |
Jan 02, 2024 | o'shea kevin p. | acquired | 16,612 | 18.235 | 911 | - |
May 03, 2023 | rice catherine | acquired | 120,000 | 14.47 | 8,293 | - |
Mar 15, 2023 | rice catherine | acquired | 116,427 | 13.94 | 8,352 | - |
Feb 21, 2023 | drazin andrea rosenthal | sold (taxes) | -1,115 | 15.495 | -72.00 | chief accounting officer |
Feb 17, 2023 | milton robert c. iii | sold | -316,660 | 15.833 | -20,000 | general counsel and secretary |
Feb 16, 2023 | milton robert c. iii | acquired | - | - | 20,000 | general counsel and secretary |
Which funds bought or sold UE recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 23, 2024 | Louisiana State Employees Retirement System | reduced | -1.02 | -71,029 | 1,006,840 | 0.02% |
Apr 23, 2024 | Global Retirement Partners, LLC | unchanged | - | -24.00 | 1,071 | -% |
Apr 23, 2024 | FIFTH THIRD BANCORP | unchanged | - | -576 | 9,654 | -% |
Apr 23, 2024 | AMALGAMATED BANK | reduced | -14.35 | -152,000 | 642,000 | -% |
Apr 22, 2024 | ALTFEST L J & CO INC | unchanged | - | -21,000 | 356,000 | 0.05% |
Apr 22, 2024 | MetLife Investment Management, LLC | unchanged | - | 181,065 | 1,089,970 | 0.01% |
Apr 22, 2024 | RAYMOND JAMES & ASSOCIATES | sold off | -100 | -364,664 | - | -% |
Apr 19, 2024 | Sumitomo Mitsui Trust Holdings, Inc. | reduced | -0.72 | -160,344 | 2,379,810 | -% |
Apr 19, 2024 | Maryland State Retirement & Pension System | unchanged | - | -98,767 | 683,668 | 0.01% |
Apr 19, 2024 | VALLEY NATIONAL ADVISERS INC | added | 18.18 | - | 1,000 | -% |
Unveiling Urban Edge Properties's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Urban Edge Properties)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 81.2B | 11.1B | 59.43 | 7.29 | ||||
CCI | 41.5B | 7.0B | 27.61 | 5.94 | ||||
AVB | 26.8B | 2.8B | 28.86 | 9.68 | ||||
ARE | 19.9B | 3.0B | 103.23 | 6.73 | ||||
AMH | 12.9B | 1.6B | 29.83 | 8.02 | ||||
REG | 11.1B | 1.3B | 30.42 | 8.39 | ||||
BXP | 9.9B | 3.3B | 51.88 | 3.01 | ||||
MID-CAP | ||||||||
FRT | 8.5B | 1.1B | 36.02 | 7.54 | ||||
MAC | 3.5B | 884.1M | -12.7 | 3.94 | ||||
SLG | 3.4B | 899.4M | -6.02 | 3.78 | ||||
SMALL-CAP | ||||||||
AAT | 1.3B | 441.2M | 20.35 | 2.98 | ||||
AIV | 1.2B | 198.2M | -7.42 | 5.71 | ||||
MFA | 1.1B | 605.6M | 13.7 | 1.81 | ||||
NYMT | 656.9M | 258.7M | -13.5 | 2.54 | ||||
IVR | 415.3M | 277.9M | -26.19 | 1.49 |
Urban Edge Properties News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 14.5% | 117 | 102 | 99.00 | 99.00 | 102 | 98.00 | 98.00 | 100 | 129 | 107 | 94.00 | 96.00 | 87.00 | 76.00 | 74.00 | 93.00 | 96.00 | 91.00 | 103 | 98.00 | 101 |
Operating Expenses | 10.7% | 80.00 | 72.00 | 70.00 | 104 | 72.00 | 71.00 | 71.00 | 76.00 | 71.00 | 68.00 | 66.00 | 72.00 | 77.00 | 63.00 | 71.00 | 66.00 | 78.00 | 62.00 | 71.00 | 73.00 | 76.00 |
S&GA Expenses | 2.6% | 9.00 | 9.00 | 10.00 | 9.00 | 11.00 | 10.00 | 11.00 | 11.00 | 11.00 | 10.00 | 9.00 | 9.00 | 12.00 | 9.00 | 18.00 | 10.00 | 9.00 | 8.00 | 10.00 | 11.00 | 9.00 |
EBITDA Margin | 92.8% | 1.09* | 0.57* | 0.44* | 0.44* | 0.51* | 0.55* | 0.58* | 0.58* | 0.61* | 0.56* | 0.50* | 0.58* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -9.1% | 19.00 | 21.00 | 15.00 | 15.00 | 14.00 | 14.00 | 14.00 | 13.00 | 14.00 | 14.00 | 14.00 | 16.00 | 15.00 | 16.00 | 21.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | - |
Income Taxes | -100.1% | -0.01 | 17.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | -0.03 | 0.00 | -25.89 | 0.00 | -13.66 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 3.00 |
Earnings Before Taxes | 324.7% | 232 | 55.00 | 11.00 | -19.44 | 15.00 | 12.00 | 13.00 | 10.00 | 44.00 | 31.00 | 13.00 | 21.00 | -6.15 | -5.37 | 19.00 | 51.00 | 4.00 | 57.00 | 29.00 | 28.00 | 10.00 |
EBT Margin | 340.7% | 0.67* | 0.15* | 0.05* | 0.05* | 0.13* | 0.19* | 0.23* | 0.23* | 0.26* | 0.15* | 0.06* | 0.09* | - | - | - | - | - | - | - | - | - |
Net Income | 512.5% | 221 | 36.00 | 10.00 | -19.12 | 14.00 | 11.00 | 12.00 | 9.00 | 42.00 | 28.00 | 13.00 | 20.00 | 19.00 | -5.60 | 31.00 | 49.00 | 3.00 | 54.00 | 27.00 | 26.00 | 7.00 |
Net Income Margin | 485.2% | 0.60* | 0.10* | 0.04* | 0.04* | 0.12* | 0.18* | 0.21* | 0.21* | 0.24* | 0.21* | 0.13* | 0.19* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 74.9% | 60.00 | 34.00 | 39.00 | 29.00 | 41.00 | 38.00 | 36.00 | 25.00 | 42.00 | 40.00 | 35.00 | 19.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 13.8% | 3,280 | 2,882 | 2,903 | 2,924 | 2,977 | 2,961 | 2,970 | 2,961 | 2,985 | 2,882 | 2,866 | 2,877 | 2,940 | 3,134 | 3,125 | 3,144 | 2,846 | 2,874 | 2,858 | 2,874 | 2,799 |
Cash Equivalents | 99.1% | 101 | 51.00 | 49.00 | 62.00 | 86.00 | 108 | 125 | 152 | 164 | 269 | 321 | 325 | 385 | 646 | 616 | 623 | 433 | 442 | 412 | 417 | 440 |
Liabilities | 9.8% | 2,058 | 1,875 | 1,917 | 1,931 | 1,947 | 1,929 | 1,933 | 1,920 | 1,937 | 1,867 | 1,867 | 1,876 | 1,944 | 2,110 | 2,098 | 2,145 | 1,832 | 1,838 | 1,849 | 1,868 | 1,793 |
Long Term Debt | - | - | - | - | - | 1,692 | - | - | - | 1,687 | - | - | - | 1,588 | - | - | - | 1,546 | 1,547 | 1,549 | 1,549 | 1,550 |
Shareholder's Equity | 21.3% | 1,221 | 1,007 | 986 | 992 | 1,030 | 1,032 | 1,037 | 1,041 | 1,048 | 1,015 | 999 | 1,001 | 996 | 1,024 | 1,027 | 998 | 1,015 | 1,036 | 1,010 | 1,006 | 1,006 |
Retained Earnings | 310.0% | 137 | -65.29 | -82.59 | -74.03 | -36.10 | -30.98 | -23.57 | -16.40 | -7.09 | -31.97 | -42.16 | -37.15 | -39.47 | -4.59 | 1.00 | -30.24 | -52.55 | -29.22 | -56.58 | -56.66 | -52.86 |
Additional Paid-In Capital | -0.1% | 1,012 | 1,013 | 1,013 | 1,011 | 1,011 | 1,006 | 1,003 | 1,001 | 1,001 | 997 | 990 | 988 | 990 | 987 | 985 | 986 | 1,019 | 1,016 | 1,015 | 1,005 | 956 |
Shares Outstanding | 0.2% | 118 | 117 | 117 | 118 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 1,900 | - | - | - | 1,900 | - | - | - | 2,200 | - | - | - | 1,400 | - | - | - | 2,100 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 74.9% | 60,163 | 34,403 | 39,027 | 29,422 | 40,946 | 37,696 | 36,455 | 24,521 | 42,136 | 39,552 | 34,760 | 18,825 | 37,993 | 32,852 | 21,181 | 20,796 | 40,807 | 38,756 | 47,410 | 29,427 | 48,918 |
Share Based Compensation | -1.4% | 1,788 | 1,814 | 2,202 | 2,007 | 2,809 | 2,580 | 2,500 | 2,597 | 2,601 | 2,809 | 2,726 | 2,683 | 2,531 | 2,604 | 8,611 | 3,248 | 3,280 | 3,310 | 3,295 | 3,664 | 3,247 |
Cashflow From Investing | -4.0% | -31,227 | -30,021 | -33,657 | -22,797 | -41,054 | -26,892 | -60,949 | -23,018 | -244,648 | -70,359 | -11,551 | 15,398 | -42,464 | -7,096 | -4,632 | -44,268 | -62,576 | 72,465 | -3,916 | -8,494 | -28,062 |
Cashflow From Financing | 438.9% | 67,388 | -19,884 | -23,130 | -24,213 | -23,509 | -29,734 | -2,212 | -23,312 | 99,556 | -25,434 | -21,096 | -76,556 | -247,272 | 5,405 | -19,357 | 180,979 | -29,441 | -38,474 | -28,683 | -29,667 | -28,910 |
Dividend Payments | 0.0% | 18,805 | 18,803 | 18,794 | 18,790 | 18,776 | 18,776 | 18,774 | 18,773 | 17,557 | 17,556 | 17,537 | 71,348 | - | - | - | 26,647 | 26,674 | 26,646 | 26,453 | 26,390 | 25,122 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -27,029 | 54,100 | 38,656 | - | - | - | - | - |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
REVENUE | |||
Revenues | $ 416,922 | $ 397,938 | $ 425,082 |
EXPENSES | |||
Depreciation and amortization | 108,979 | 98,432 | 92,331 |
Real estate taxes | 64,889 | 61,864 | 63,844 |
Property operating | 68,563 | 74,334 | 68,531 |
General and administrative | 37,070 | 43,087 | 39,152 |
Real estate impairment loss | 34,055 | 0 | 468 |
Capitalized internal leasing overhead | 12,634 | 12,460 | 12,872 |
Total expenses | 326,190 | 290,177 | 277,198 |
Gain on sale of real estate | 217,708 | 353 | 18,648 |
Interest income | 3,037 | 1,107 | 360 |
Interest and debt expense | (74,945) | (58,979) | (57,938) |
Gain (loss) on extinguishment of debt | 41,144 | 0 | 0 |
Income before income taxes | 277,676 | 50,242 | 108,954 |
Income tax expense | (17,800) | (2,903) | (1,139) |
Net income | 259,876 | 47,339 | 107,815 |
Less net income attributable to noncontrolling interests in: | |||
Operating partnership | (11,899) | (1,895) | (4,296) |
Consolidated subsidiaries | 520 | 726 | (833) |
Net income (loss) attributable to common shareholders | $ 248,497 | $ 46,170 | $ 102,686 |
Earnings per common share - Basic (in dollars per share) | $ 2.11 | $ 0.39 | $ 0.88 |
Earnings per common share - Diluted (in dollars per share) | $ 2.11 | $ 0.39 | $ 0.88 |
Weighted average shares outstanding - Basic (in shares) | 117,506 | 117,366 | 117,029 |
Weighted average shares outstanding - Diluted (in shares) | 117,597 | 121,640 | 121,447 |
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax | $ (179) | $ 656 | $ 0 |
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | 259,697 | 47,995 | 107,815 |
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest | 10 | (27) | 0 |
Comprehensive Income (Loss), Net of Tax, Attributable to Parent | 248,328 | 46,799 | 102,686 |
Rental revenue | |||
REVENUE | |||
Revenues from contract with customer | 406,112 | 396,376 | 422,467 |
Other income | |||
REVENUE | |||
Revenues from contract with customer | 10,810 | 1,562 | 2,615 |
Urban Edge Properties LP | |||
REVENUE | |||
Revenues | 416,922 | 397,938 | 425,082 |
EXPENSES | |||
Depreciation and amortization | 108,979 | 98,432 | 92,331 |
Real estate taxes | 64,889 | 61,864 | 63,844 |
Property operating | 68,563 | 74,334 | 68,531 |
General and administrative | 37,070 | 43,087 | 39,152 |
Real estate impairment loss | 34,055 | 0 | 468 |
Capitalized internal leasing overhead | 12,634 | 12,460 | 12,872 |
Total expenses | 326,190 | 290,177 | 277,198 |
Gain on sale of real estate | 217,708 | 353 | 18,648 |
Interest income | 3,037 | 1,107 | 360 |
Interest and debt expense | (74,945) | (58,979) | (57,938) |
Gain (loss) on extinguishment of debt | 41,144 | 0 | 0 |
Income before income taxes | 277,676 | 50,242 | 108,954 |
Income tax expense | (17,800) | (2,903) | (1,139) |
Net income | 259,876 | 47,339 | 107,815 |
Less net income attributable to noncontrolling interests in: | |||
Consolidated subsidiaries | 520 | 726 | (833) |
Net income (loss) attributable to common shareholders | $ 260,396 | $ 48,065 | $ 106,982 |
Earnings per common share - Basic (in dollars per share) | $ 2.13 | $ 0.40 | $ 0.88 |
Earnings per common share - Diluted (in dollars per share) | $ 2.13 | $ 0.39 | $ 0.88 |
Weighted average shares outstanding - Basic (in shares) | 121,901 | 121,374 | 120,966 |
Weighted average shares outstanding - Diluted (in shares) | 121,992 | 121,640 | 122,107 |
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax | $ (179) | $ 656 | $ 0 |
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | 259,697 | 47,995 | 107,815 |
Comprehensive Income (Loss), Net of Tax, Attributable to Parent | 260,217 | 48,721 | 106,982 |
Urban Edge Properties LP | Rental revenue | |||
REVENUE | |||
Revenues from contract with customer | 406,112 | 396,376 | 422,467 |
Urban Edge Properties LP | Other income | |||
REVENUE | |||
Revenues from contract with customer | $ 10,810 | $ 1,562 | $ 2,615 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Real estate, at cost: | ||
Land | $ 635,905 | $ 535,770 |
Buildings and improvements | 2,678,076 | 2,468,385 |
Construction in progress | 262,275 | 314,190 |
Furniture, fixtures and equipment | 9,923 | 8,539 |
Total | 3,586,179 | 3,326,884 |
Accumulated depreciation and amortization | (819,243) | (791,485) |
Real estate, net | 2,766,936 | 2,535,399 |
Operating lease right-of-use assets | 56,988 | 64,161 |
Cash and cash equivalents | 101,123 | 85,518 |
Restricted cash | 73,125 | 43,256 |
Tenant and other receivables | 14,712 | 17,523 |
Receivables arising from the straight-lining of rents | 60,775 | 64,713 |
Identified intangible assets, net of accumulated amortization of $51,399 and $40,983, respectively | 113,897 | 62,856 |
Deferred leasing costs, net of accumulated amortization of $21,428 and $20,107, respectively | 27,698 | 26,799 |
Prepaid expenses and other assets | 64,555 | 77,207 |
Total assets | 3,279,809 | 2,977,432 |
Liabilities: | ||
Mortgages payable, net | 1,578,110 | 1,691,690 |
Unsecured credit facility borrowings | 153,000 | 0 |
Operating lease liabilities | 53,863 | 59,789 |
Accounts payable, accrued expenses and other liabilities | 102,997 | 102,519 |
Identified intangible liabilities, net of accumulated amortization of $46,610 and $40,816, respectively | 170,411 | 93,328 |
Total liabilities | 2,058,381 | 1,947,326 |
Commitments and contingencies (Note 10) | ||
Shareholders’ equity: | ||
Common shares: $0.01 par value; 500,000,000 shares authorized and 117,652,656 and 117,450,951 shares issued and outstanding, respectively | 1,175 | 1,173 |
Additional paid-in capital | 1,011,942 | 1,011,293 |
Accumulated other comprehensive income | 460 | 629 |
Accumulated earnings (deficit) | 137,113 | (36,104) |
Noncontrolling interests: | ||
Operating partnership | 55,355 | 39,209 |
Consolidated subsidiaries | 15,383 | 13,906 |
Total equity | 1,221,428 | 1,030,106 |
Total liabilities and equity | 3,279,809 | 2,977,432 |
Urban Edge Properties LP | ||
Real estate, at cost: | ||
Land | 635,905 | 535,770 |
Buildings and improvements | 2,678,076 | 2,468,385 |
Construction in progress | 262,275 | 314,190 |
Furniture, fixtures and equipment | 9,923 | 8,539 |
Total | 3,586,179 | 3,326,884 |
Accumulated depreciation and amortization | (819,243) | (791,485) |
Real estate, net | 2,766,936 | 2,535,399 |
Operating lease right-of-use assets | 56,988 | 64,161 |
Cash and cash equivalents | 101,123 | 85,518 |
Restricted cash | 73,125 | 43,256 |
Tenant and other receivables | 14,712 | 17,523 |
Receivables arising from the straight-lining of rents | 60,775 | 64,713 |
Identified intangible assets, net of accumulated amortization of $51,399 and $40,983, respectively | 113,897 | 62,856 |
Deferred leasing costs, net of accumulated amortization of $21,428 and $20,107, respectively | 27,698 | 26,799 |
Prepaid expenses and other assets | 64,555 | 77,207 |
Total assets | 3,279,809 | 2,977,432 |
Liabilities: | ||
Mortgages payable, net | 1,578,110 | 1,691,690 |
Unsecured credit facility borrowings | 153,000 | 0 |
Operating lease liabilities | 53,863 | 59,789 |
Accounts payable, accrued expenses and other liabilities | 102,997 | 102,519 |
Identified intangible liabilities, net of accumulated amortization of $46,610 and $40,816, respectively | 170,411 | 93,328 |
Total liabilities | 2,058,381 | 1,947,326 |
Commitments and contingencies (Note 10) | ||
Shareholders’ equity: | ||
General partner: 117,652,656 and 117,450,951 units outstanding, respectively | 1,013,117 | 1,012,466 |
Limited partners: 5,659,781 and 4,713,558 units outstanding, respectively | 49,311 | 41,810 |
Accumulated other comprehensive income | 460 | 629 |
Accumulated earnings (deficit) | 143,157 | (38,705) |
Partners' Capital | 1,206,045 | 1,016,200 |
Noncontrolling interests: | ||
Consolidated subsidiaries | 15,383 | 13,906 |
Total equity | 1,221,428 | 1,030,106 |
Total liabilities and equity | $ 3,279,809 | $ 2,977,432 |
 | Mr. Jeffrey S. Olson |
---|---|
 | uedge.com |
 | REIT Mortgage |
 | 115 |