Urban Edge Properties (UE) AI Stock Analysis

• Market Cap: $2.74B
• Dividend Yield: 3.99%
• Average Volume (3M): 739.33K
• Price to Earnings (P/E): 27.8
• Beta (1Y): 0.66
• Revenue Growth: 5.29%
• EPS Growth: -60.36%
• Country: US
• Employees: 109
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): 0.10
• Shares Outstanding: 125,956,085
• 10 Day Avg. Volume: 969,547
• 30 Day Avg. Volume: 739,331
• PEG Ratio: 1.11
• Price to Book (P/B): 1.87
• Price to Sales (P/S): 5.11
• P/FCF Ratio: 13.20
• Enterprise Value/Market Cap: 1.55
• Enterprise Value/Revenue: 9.03
• Enterprise Value/Gross Profit: 13.36
• Enterprise Value/Ebitda: 13.46
• 1Y Price Target: $21.00
• Price Target Upside: 0.00%
• Rating Consensus: Hold
• Number of Analyst Covering: 2
• EPS Forecast (FY): 0.37
• Revenue Forecast (FY): $435.00M

• Rating: 73 Outperform
• Price Target: $23.50 ▲(11.90% Upside)
• Action: Upgraded Date: 02/12/26
• Date: Action: Upgraded 02/12/26

The score is driven primarily by solid financial performance and a constructive earnings outlook with clear 2026 guidance, strong leasing trends, and ample liquidity. Technicals support the uptrend but are somewhat overextended, while valuation is moderate due to a higher P/E despite an appealing dividend yield.

Positive Factors

Leasing strength & pricing power

Sustained high lease volumes and a 32% cash rent spread indicate durable tenant demand and pricing power across the portfolio. That improves recurring rental income, supports same‑property NOI and gives multi‑period visibility into revenue growth and lease-up economics.

High-yield redevelopment pipeline

A demonstrated track record of high unlevered redevelopment returns plus a sizable $166M pipeline provides internally generated, accretive growth. Redevelopment that converts underperforming assets into higher-yield uses sustainably boosts NOI, FFO and lowers reliance on market M&A spreads.

Strong liquidity and extended credit

Robust liquidity and extended unsecured facilities materially reduce refinancing risk and fund development pipeline execution. Conservative net leverage versus targets preserves financial flexibility to execute redevelopments and weather tenant or cyclical stresses over the medium term.

Negative Factors

Near-term mortgage maturities

Concentrated near‑term maturities create execution and refinancing risk, especially if capital markets tighten. Even with ample liquidity, rolling or refinancing these balances at higher rates or under tighter terms could pressure interest expense and constrain cash available for redevelopments and distributions.

Tenant credit & fallout exposure

Concentration risk from weaker national tenants and recent takebacks can depress occupancy and collections. Persistent tenant credit weakness would raise bad-debt expense and lower FFO visibility, complicating leasing cadence and the timing of redevelopment stabilization returns.

Timing & entitlement risk on redevelopments

Material upside is tied to complex redevelopments that require approvals and anchor repositioning. Delays or entitlement setbacks can push out projected NOI/FFO benefits, lengthen payback periods and reduce the near‑term accretion from the $166M pipeline despite attractive long‑run returns.

Urban Edge Properties Business Overview & Revenue Model

Company Description

Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 78 properties totaling 15.1 million square feet of gross leasable area.

How the Company Makes Money

Urban Edge Properties generates revenue primarily through leasing retail spaces to tenants within its properties. The company's key revenue streams include rental income from long-term leases with various retail businesses, which range from national brands to local shops. Additionally, UE may earn income from property management services and redevelopment projects that increase the value of its holdings. The company also engages in partnerships with local businesses and municipalities, which can enhance its market presence and drive tenant demand. Factors contributing to its earnings include favorable market conditions in urban areas, effective property management, and the ability to attract and retain high-quality tenants.

Urban Edge Properties Financial Statement Overview

Summary

Strong revenue growth (notably 2025) with solid margins and consistently positive operating/free cash flow. Offsets include volatility in profitability/cash flow trends and leverage comparability concerns (sharp reported shift in 2025 vs prior years).

Income Statement

Revenue has expanded steadily from 2022–2024 and accelerated sharply in 2025 (annual revenue up ~68%). Profitability is solid with consistently strong gross margins (~65%+ most years) and improving net margin into 2024–2025. The main weakness is volatility in the earnings profile—2023 shows unusually high net margin and very elevated EBITDA margin, and 2025 shows an apparent drop in EBITDA versus 2024 despite higher EBIT—suggesting less stable underlying profitability year-to-year.

Balance Sheet

The balance sheet showed meaningful leverage through 2020–2024 (debt-to-equity generally ~1.3–1.8), which is a common but still material risk factor for a REIT if conditions tighten. Equity and total assets have been relatively stable to modestly higher over time, supporting balance sheet durability. A notable positive is 2025 reporting zero debt and a very low debt-to-equity reading, which—if accurate—would be a major de-risking, but it also creates comparability risk versus prior years where debt was substantial.

Cash Flow

Operating cash flow has been consistently positive and generally growing (from ~$113M in 2020 to ~$183M in 2025). Free cash flow is also positive each year, and in 2023–2025 it matches operating cash flow, indicating strong cash conversion in those periods. The key weakness is variability in free cash flow growth (large swings, including sharp declines in 2022 and 2025), pointing to less predictable cash generation from year to year.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	471.94M	444.97M	416.92M	397.94M	425.08M
Gross Profit	319.07M	297.54M	283.47M	261.74M	292.71M
EBITDA	312.59M	305.48M	457.48M	204.23M	256.23M
Net Income	93.53M	72.56M	248.50M	46.17M	102.69M
Balance Sheet
Total Assets	3.31B	3.31B	3.28B	2.98B	2.99B
Cash, Cash Equivalents and Short-Term Investments	48.88M	41.37M	101.12M	85.52M	164.48M
Total Debt	1.67B	1.69B	1.79B	1.75B	1.75B
Total Liabilities	1.94B	1.95B	2.06B	1.95B	1.94B
Stockholders Equity	1.29B	1.28B	1.15B	976.99M	995.33M
Cash Flow
Free Cash Flow	182.72M	153.18M	163.01M	23.57M	39.90M
Operating Cash Flow	182.72M	153.18M	163.01M	139.62M	135.27M
Investing Cash Flow	-75.61M	-234.70M	-117.70M	-151.91M	-311.16M
Financing Cash Flow	-118.89M	-2.09M	161.00K	-78.77M	-23.53M

Urban Edge Properties Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 21.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UE, the sentiment is Positive. The current price of 21 is above the 20-day moving average (MA) of 20.47, above the 50-day MA of 19.70, and above the 200-day MA of 19.25, indicating a bullish trend. The MACD of 0.40 indicates Positive momentum. The RSI at 62.18 is Neutral, neither overbought nor oversold. The STOCH value of 37.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for UE.

Urban Edge Properties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UE	73 Outperform	$2.74B	27.83	8.71%	3.99%	5.29%	-60.36%
SAFE	70 Outperform	$1.14B	9.97	4.82%	5.13%	1.30%	-6.14%
ALEX	69 Neutral	$1.51B	20.66	7.32%	4.97%	-3.94%	64.29%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
ESRT	65 Neutral	$1.01B	23.07	―	2.16%	0.45%	-24.85%
BNL	63 Neutral	$3.69B	38.30	3.14%	6.72%	3.87%	-37.59%
GNL	62 Neutral	$2.12B	-8.06	-12.53%	10.29%	-28.94%	-28.24%

Urban Edge Properties Corporate Events

Urban Edge Posts Strong Q4 2025 Results, Raises Dividend

Urban Edge Properties reported its fourth-quarter and full-year 2025 results on February 11, 2026, highlighting record leasing activity, strong rent spreads and high retail shop occupancy of 92.6%. The company achieved a 6% year-over-year increase in FFO as Adjusted per share, supported by higher rental revenues, same-property NOI growth of up to 5.0% including redevelopments, and an 11% increase in its quarterly cash dividend, signaling confidence in earnings power.

Operating metrics were bolstered by 1.5 million square feet of leasing in 2025 and a robust pipeline of signed leases expected to add roughly 8% of 2025 NOI, while acquisitions and dispositions, including the Brighton Mills purchase and $66.2 million of non-core asset sales, reflected a disciplined capital recycling strategy. The company also refinanced and expanded its debt facilities—securing $950 million of unsecured credit capacity and modifying key mortgages—to lower interest costs, extend maturities and enhance financial flexibility as it enters 2026 positioned for continued growth driven by leading retail tenants and selective shopping center acquisitions.

The most recent analyst rating on (UE) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Urban Edge Properties stock, see the UE Stock Forecast page.

Urban Edge Expands and Extends Unsecured Credit Facilities

On January 22, 2026, Urban Edge Properties’ operating partnership entered into amended and expanded unsecured credit facilities totaling $950 million, increasing its aggregate borrowing capacity by $150 million and significantly extending debt maturities. The package includes a resized $700 million unsecured revolving credit facility, which reduced the prior $800 million line but pushed its maturity from February 2027 to June 2030 with two additional six‑month extension options, as well as $250 million of delayed‑draw term loans split into a new $125 million five‑year term facility maturing in June 2031 and a $125 million seven‑year term facility maturing in January 2033. The facilities, which are currently undrawn, are priced off SOFR with margins tied to the company’s leverage ratio and feature accordion options that could lift total availability across the structures to as much as $1.275 billion, while embedding customary financial covenants and, in the main facility, modest ESG‑linked pricing adjustments. The move enhances Urban Edge’s financial flexibility to fund pre‑development, development, acquisitions, capital expenditures and general corporate needs as it pursues growth, while locking in long‑dated, unsecured funding that may strengthen its balance sheet profile and competitive position in the urban retail REIT sector.

The most recent analyst rating on (UE) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Urban Edge Properties stock, see the UE Stock Forecast page.