Friday 6 November 2026
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Urban Edge Properties
Urban Edge Properties' revenue for fiscal 2025 (year ended December 2025) was $471.9 million, up 6.06% from fiscal 2024.
- Revenue
- −0.47%
- EPS
- +255.3%
- Free cash flow
- −33.8%
- Total debt
- −0.14%
Quarter to September 2026, against a year earlier
20.49
0.34
−1.63%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 326 | 407 | 414 | 388 | 330 | 425 | 398 | 417 | 445 | 472 | 495 | +4.2% | 499 | 455 | 422 | (3.6%) | |
| Gross margin, % | 67.25 | 69.31 | 65.71 | 67.95 | 64.81 | 68.86 | 65.77 | 67.99 | 66.87 | 67.61 | 67.82 | +0.4 pt | ||||||
| EBT | 97 | 73 | 120 | 117 | 59 | 109 | 50 | 278 | 78 | 100 | 112 | +0.3% | ||||||
| EBT margin, % | 29.89 | 17.85 | 29.09 | 30.31 | 17.80 | 25.63 | 12.63 | 66.60 | 17.49 | 21.21 | 22.55 | (8.7) pt | ||||||
| Net income | 97 | 73 | 117 | 116 | 98 | 108 | 47 | 260 | 75 | 98 | 109 | +0.1% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 3.28 | 3.80 | 3.64 | 3.24 | 2.80 | 3.63 | 3.39 | 3.55 | 3.67 | 3.75 | 3.92 | +1.5% | |||||
| Earnings | 0.91 | 0.62 | 0.92 | 0.91 | 0.79 | 0.88 | 0.39 | 2.11 | 0.60 | 0.74 | 0.85 | (2.3%) | ||||||
| Cash flow | 1.38 | 1.47 | 1.20 | 1.31 | 0.96 | 1.16 | 1.19 | 1.39 | 1.26 | 1.45 | 1.76 | +0.6% | ||||||
| Capex | (0.60) | (2.76) | (0.58) | (0.18) | (0.84) | (2.68) | (1.29) | (1.00) | (1.93) | (0.60) | (2.07) | +0.1% | ||||||
| Free cash flow | 0.79 | (1.29) | 0.62 | 1.12 | 0.12 | (1.52) | (0.10) | 0.39 | (0.67) | 0.85 | (0.31) | +0.9% | ||||||
| Book value | 4.99 | 9.25 | 8.84 | 8.47 | 8.46 | 8.95 | 8.78 | 10.39 | 11.22 | 10.95 | 11.18 | +9.1% | ||||||
| Shares, m | 99 | 107 | 114 | 120 | 118 | 117 | 117 | 118 | 121 | 126 | 126 | +2.6% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 30.30 | 38.77 | 18.07 | 20.85 | 16.59 | 21.59 | 35.63 | 8.61 | 36.44 | 25.59 | 24.49 | 25.2 | |||||
| P/S | 8.40 | 6.74 | 4.57 | 5.93 | 4.61 | 5.23 | 4.20 | 5.14 | 5.86 | 5.11 | 5.29 | 5.6 | ||||||
| P/B | 5.52 | 2.77 | 1.88 | 2.26 | 1.53 | 2.12 | 1.62 | 1.76 | 1.92 | 1.75 | 1.85 | 2.3 | ||||||
| EV/Sales | 11.65 | 9.35 | 7.21 | 8.66 | 8.15 | 8.68 | 8.13 | 8.51 | 9.19 | 8.35 | 8.41 | 8.8 | ||||||
| EV/FCF | 48.67 | (27.61) | 42.08 | 25.01 | 187.41 | (20.71) | (263.15) | 78.31 | (50.14) | 36.78 | (105.37) | 5.7 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 137 | 158 | 137 | 156 | 113 | 135 | 140 | 163 | 153 | 183 | 222 | +3.2% | |||||
| Capex | (59) | (296) | (66) | (22) | (98) | (314) | (152) | (118) | (235) | (76) | (262) | +2.7% | ||||||
| Free cash flow | 78 | (138) | 71 | 134 | 14 | (178) | (12) | 45 | (82) | 107 | (39) | +3.6% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 188 | 522 | 472 | 504 | 364 | 214 | 108 | 147 | 82 | 72 | 80 | (10.1%) | |||||
| Net debt | 1,057 | 1,064 | 1,093 | 1,061 | 1,168 | 1,467 | 1,563 | 1,404 | 1,479 | 1,528 | 1,544 | +4.2% | ||||||
| Shareholders’ equity | 496 | 991 | 1,006 | 1,015 | 996 | 1,048 | 1,030 | 1,221 | 1,362 | 1,376 | 1,411 | +12.0% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 4.74 | 2.83 | 3.74 | 3.88 | 3.23 | 3.46 | 1.55 | 7.94 | 2.20 | 2.82 | 3.09 | (1.9) pt | |||||
| ROIC | 5.35 | 4.92 | 3.63 | 3.13 | 1.52 | 3.67 | 2.60 | 2.16 | 2.12 | 2.72 | 3.22 | (2.6) pt | ||||||
| ROE | 18.75 | 9.00 | 10.51 | 10.83 | 9.30 | 10.04 | 4.44 | 22.07 | 5.62 | 6.83 | 7.47 | (11.9) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 114 | 120 | 116 | 117 | 106 | 116 | 115 | 109 | 109 | 104 | — | (1.0%) | |||||
| Revenue/emp, $m | 2.86 | 3.39 | 3.57 | 3.31 | 3.11 | 3.66 | 3.46 | 3.82 | 4.08 | 4.54 | — | +5.3% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026
Urban Edge Properties vs peers in Reit Retail (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SKT Tanger Inc. | $4.4B | 34.5× | 35.5× | +11.15% (above 0%: growing) | +7.41% (above 0%: growing) | −86.16% (below 0%: shrinking) | 70.92% | 30.98% | Compare |
| CURB Curbline Properties Corp. | $3.6B | 123× | 124× | +46.15% (above 0%: growing) | −33.33% (below 0%: shrinking) | +34.90% (above 0%: growing) | 87.10% | 19.31% | Compare |
| UE Urban Edge Properties | $2.8B | 24.5× | 38.3× | −0.47% (below 0%: shrinking) | +255.33% (above 0%: growing) | −33.79% (below 0%: shrinking) | 69.37% | 31.85% | |
| AKR Acadia Realty Trust | $2.8B | 73.2× | 40.9× | −5.96% (below 0%: shrinking) | n/m | −369.83% (below 0%: shrinking) | 72.23% | 10.76% | Compare |
| FCPT Four Corners Property Trust, Inc. | $2.6B | 21.6× | 20.4× | +12.86% (above 0%: growing) | −5.82% (below 0%: shrinking) | +24.85% (above 0%: growing) | 85.95% | 55.51% | Compare |
| IVT InvenTrust Properties Corp. | $2.5B | 85.4× | 242× | +16.99% (above 0%: growing) | +211.25% (above 0%: growing) | +118.86% (above 0%: growing) | 72.94% | 17.51% | Compare |
| NTST NETSTREIT Corp. | $2.4B | 87.2× | 55.6× | +37.17% (above 0%: growing) | +981.08% (above 0%: growing) | −47.21% (below 0%: shrinking) | 91.03% | 35.20% | Compare |
| GTY Getty Realty Corporation | $1.9B | 17.5× | 18.3× | +13.31% (above 0%: growing) | 0.00% | −1,107.74% (below 0%: shrinking) | 95.96% | 61.69% | Compare |
| CBL CBL & Associates Properties, Inc. | $1.5B | 6.8× | 15.6× | +3.96% (above 0%: growing) | +1,775.00% (above 0%: growing) | +40.87% (above 0%: growing) | 65.39% | 30.53% | Compare |
| Median of peers | $2.5B | 53.9× | 38.2× | +13.09% | +7.41% | −11.18% | 79.45% | 30.76% |
Pay and ownership Proxy statement filed 24 March 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 8.11m | 4.64m | 178.81 |
| 2024 | 10.12m | 15.24m | 192.60 |
| 2023 | 7.65m | 12.64m | 158.27 |
| 2022 | 6.62m | 1.44m | 117.09 |
| 2021 | 6.83m | 8.57m | 151.67 |
Ownership
Directors and executive officers, together
2.70%
BlackRock, Inc.
16.30%
FMR LLC
13.50%
Vanguard Portfolio Management
10.50%
State Street Corporation
5.60%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
Urban Edge Properties (UE) Latest News
28 Oct
10 Oct
7 Aug
29 Apr
17 Feb
11 Feb
3 Feb
22 Jan
UE metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score