Urban Edge Properties (NYSE:UE) Issues FY 2025 Earnings Guidance

Urban Edge Properties (NYSE:UE) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.370-1.420 for the period, compared to the consensus EPS estimate of 1.400. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI cut their price objective on shares of Urban Edge Properties from $23.00 to $22.00 and set an “in-line” rating for the company in a research report on Tuesday, December 24th.

Urban Edge Properties Stock Performance

NYSE:UE opened at $20.74 on Wednesday. The firm has a 50 day simple moving average of $21.05 and a 200-day simple moving average of $21.32. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.30 and a quick ratio of 1.30. The firm has a market cap of $2.59 billion, a PE ratio of 9.30 and a beta of 1.54. Urban Edge Properties has a 1-year low of $15.81 and a 1-year high of $23.85.

Insider Activity

In related news, CEO Jeffrey S. Olson sold 240,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $22.45, for a total transaction of $5,388,000.00. Following the completion of the transaction, the chief executive officer now owns 1,931 shares of the company’s stock, valued at approximately $43,350.95. This represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 3.10% of the company’s stock.

About Urban Edge Properties

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, DC to Boston corridor. Urban Edge owns 76 properties totaling 17.1 million square feet of gross leasable area.