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

Urban Edge Properties (NYSE:UE) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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 -.

Urban Edge Properties Price Performance

Urban Edge Properties stock opened at $20.74 on Wednesday. Urban Edge Properties has a 52-week low of $15.81 and a 52-week high of $23.85. The firm has a fifty day moving average of $21.05 and a 200-day moving average of $21.32. The firm has a market capitalization of $2.59 billion, a P/E ratio of 9.30 and a beta of 1.54. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.13.

Analyst Ratings Changes

Separately, Evercore ISI dropped 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.

Insider Activity

In other news, CEO Jeffrey S. Olson sold 240,000 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $22.45, for a total value of $5,388,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,931 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this link. 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.