Urban Edge PropertiesUE

NYSEReal EstateReal Estate
Price (close)
$19.80
Market cap
$2.5B
P/E
23.1x
Revenue (TTM)
$486.4M
Net income
$108.0M
Dividend yield
4.14%
1-year total return
3.1%
Net margin
22.2%
Revenue growth
7.3%
Debt / equity
—

What Urban Edge Properties does.

Urban Edge Properties (“UE”, “Urban Edge” or the “Company”) (NYSE: UE) is a Maryland REIT that owns, manages, acquires, develops, and redevelops retail real estate, primarily in the Washington, D.C. to Boston corridor. Urban Edge Properties LP (“UELP” or the “Operating Partnership”) is a Delaware limited partnership formed to serve as UE’s majority-owned partnership subsidiary and to own, through affiliates, all of our real estate and other assets. Our portfolio is currently comprised of 69 shopping centers, two outlet centers and two malls totaling approximately 17.2 million square feet (“sf”) of gross leasable area with a consolidated occupancy rate of 90.1%.

For additional information on recent business developments, see Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations in this Annual Report on Form 10-K.

We are a leading owner and operator of retail real estate focused on the Washington, D.C. to Boston corridor. Our goal is to generate industry leading growth while improving the communities we serve.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$330.1M$425.1M$397.9M$416.9M$445.0M$471.9M
Net income$93.6M$102.7M$46.2M$248.5M$72.6M$93.5M
Free cash flow$84.3M$39.9M$23.6M$47.3M$42.5M$81.8M

More on UE.

Figures from Urban Edge Properties's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.