UE
Urban Edge Properties
UE's fundamentals are mixed: revenue grew 5.5%, but its operating margin fell 3 points to 23%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
UE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
UE's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like UE.
UE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.4x | $7.73 | -63% |
| Fair | 23x | $18.88 | -10% |
| Current | 26x | $21.04 | — |
| Expensive | 39x | $31.71 | +51% |
| Forward | 43x | $21.04 | — |
Historical ranges are pointers, not guarantees.
UE's PE is 26x, but its earnings don't support one, so it isn't a reliable read right now.
UE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect UE's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
UE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.49 | -40% |
| Q3 2026 | $0.82 | -8.9% |
| Q2 2026 | $0.53 | -38% |
| Q1 2026 | $0.85 | +31% |
| Q4 2025 | $0.74 | +23% |
| Q3 2025 | $0.90 | -59% |
| Q2 2025 | $0.85 | -65% |
| Q1 2025 | $0.65 | -72% |
| Q4 2024 | $0.60 | -72% |
UE's earnings per share have fallen from their peak: $0.82 over the past year, against $2.46 in mid-2024. Its recent earnings include one-off gains.
UE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $119.6M | -0.5% |
| Q2 2026 | $122.8M | +7.6% |
| Q1 2026 | $132.6M | +12% |
| Q4 2025 | $119.6M | +2.7% |
| Q3 2025 | $120.1M | +6.8% |
| Q2 2025 | $114.1M | +7.1% |
| Q1 2025 | $118.2M | +7.8% |
| Q4 2024 | $116.4M | -0.2% |
UE's revenue is growing: $120M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 46% | +32 points |
| Q2 2026 | 16% | -38 points |
| Q1 2026 | 18% | +10 points |
| Q4 2025 | 11% | -16 points |
| Q3 2025 | 13% | +4.6 points |
| Q2 2025 | 54% | +23 points |
| Q1 2025 | 7.6% | +4.8 points |
| Q4 2024 | 28% | -171 points |
UE's operating margin was 46% last quarter, up 32 points from the same quarter a year ago.
UE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $41.5M | +59% |
| Q2 2026 | $24M | +22% |
| Q1 2026 | -$1.4M | -112% |
| Q4 2025 | $24.2M | +210% |
| Q3 2025 | $26.1M | +115% |
| Q2 2025 | $19.6M | -1.1% |
| Q1 2025 | $11.9M | +334% |
| Q4 2024 | $7.8M | -73% |
UE's free cash flow was $88M over the past year, up 35% from the year before. Free cash flow isn't a meaningful measure for real estate companies like UE.
UE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -136K shares |
| 1 year | +4.6% | +5.7M shares |
| 3 years | +7.6% | +9.3M shares |
| 5 years | +12% | +14.4M shares |
| Available history | +9.7% | +11.6M shares |
UE has 132M diluted shares, up 4.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q1 2020 | $38.7M |
UE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | -0.2x | Net Cash |
| Q3 2025 | -0.3x | Net Cash |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | 0.0x | Very low |
UE's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago. Net leverage isn't a meaningful measure for real estate companies like UE.
UE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.7 | Neutral |
| Stochastic | 40.5 | Neutral |
UE's weekly RSI is 52 (neutral) and its Stochastic is 40 (neutral).
UE PE vs Real Estate Sector
| Metric | UE | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 24x | 7.3% above |
| PE % | 59 | 23 | 36 pts above |
UE is trading at 26x earnings, in line with the Real Estate sector's median of 24x, though its earnings don't support one.
UE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $19.9 | 5.7% above |
| 20 week MA | $21.1 | 0.4% below |
| 50 week MA | $21.0 | 0.3% above |
| 100 week MA | $20.2 | 4% above |
| 200 week MA | $18.8 | 12% above |
UE's trend is mixed: it's above four of its five weekly moving averages, and 12% above its 200-week average.
UE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.0 | $13.6 | -29% |
| 2021 | $13.6 | $18.4 | +35% |
| 2022 | $18.4 | $14.1 | -23% |
| 2023 | $14.1 | $18.3 | +29% |
| 2024 | $18.3 | $21.4 | +17% |
| 2025 | $21.4 | $19.4 | -9.5% |
| 2026 YTD | $19.4 | $21.0 | +8.7% |
UE has finished lower in three of the last six years. It's up 8.7% so far in 2026.