Urban Edge Properties
UENYSEUSD
- Source valuation snapshot. Not a live recalculation.
- Latest filed annual earnings; price snapshot date unavailable. Not forward P/E.
- Diluted earnings per share from the latest filed annual.
- $20.90 Prior regular-session close from the quote source.
- $20.62–$20.84 Regular-session low and high so far today.
- 862.0K Regular-session shares traded · Nov 11, 4:00 PM ET.
- Not yet confirmed The company has not confirmed its next report date. Reported quarters are available in the chart’s Earnings view.
- $18.46–$24.11 52-week trading low and high returned by the quote source.
Understand the Business
Why the Stock Moved
Period-matched expectations history is not yet available. Current metrics are not a substitute for a historical explanation.
The core investment thesis
Own UE if Urban Edge is a regional retail REIT that creates value by redeveloping underutilized shopping real estate in dense, high-barrier-to-entry markets and converting that work into higher NOI funded by rising operating cash flow and.
UE price history
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Investment thesis
What must happen next
UE’s proactive redevelopment and re-leasing of underutilized retail sites in dense, high-barrier submarkets will cause portfolio revenue and NOI to grow above simple market rents because redeployments are targeted to essential and experiential tenants that generate higher sales per sq.StrengtheningMateriality: High
Revenue rose from $397.938M (2022) to $471.935M (2025), showing recent top-line recovery and growth. If true, UE can compound cash flows internally, raise rents, and grow NAV per share; if false, revenue and NAV growth stall and equity returns suffer.
Watch: A secular drop in brick-and-mortar demand or large-scale tenant bankruptcies (national grocer or discounter exits) that materially reduce leasing demand.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Revenue rose from $397.938M (2022) to $471.935M (2025), showing recent top-line recovery and growth.
Open source ↗Operating cash flow will continue to grow and fund a large portion of redevelopment and repositioning capex, reducing reliance on equity issuance and enabling accretive internal growth.StrengtheningMateriality: High
Operating cash flow increased from $135.273M (2021) to $182.719M (2025). Sustained OCF growth funds projects that expand NOI without diluting shareholders; if OCF weakens, UE may need dilutive equity or expensive debt, reducing returns.
Watch: Material increases in tenant delinquencies or lease concessions that reduce collected rents and operating cash flow.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Operating cash flow increased from $135.273M (2021) to $182.719M (2025).
Open source ↗UE’s improving equity base and controlled liabilities provide balance-sheet flexibility to execute selective acquisitions and complete redevelopments on attractive risk-adjusted terms without jeopardizing liquidity or capital returns.HoldingMateriality: Medium
Stockholders' equity increased from $1.030106B (2022) to $1.376472B (2025). Balance-sheet flexibility allows management to act opportunistically (buy/sell/redevelop) and absorb cyclical shocks; if it weakens, growth stalls and refinancing risk rises.
Watch: A sharp rise in interest rates or reduced access to unsecured capital that materially increases financing costs or prevents refinancing of maturing debt.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Stockholders' equity increased from $1.030106B (2022) to $1.376472B (2025).
Open source ↗
Full investment case & evidence
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Original research
UE’s proactive redevelopment and re-leasing of underutilized retail sites in dense, high-barrier submarkets will cause portfolio revenue and NOI to grow above simple market rents because redeployments are targeted to essential and experiential tenants that generate higher sales per sq. If true, UE can compound cash flows internally, raise rents, and grow NAV per share; if false, revenue and NAV growth stall and equity returns suffer.
Operating cash flow will continue to grow and fund a large portion of redevelopment and repositioning capex, reducing reliance on equity issuance and enabling accretive internal growth. Sustained OCF growth funds projects that expand NOI without diluting shareholders; if OCF weakens, UE may need dilutive equity or expensive debt, reducing returns.
UE’s improving equity base and controlled liabilities provide balance-sheet flexibility to execute selective acquisitions and complete redevelopments on attractive risk-adjusted terms without jeopardizing liquidity or capital returns. Balance-sheet flexibility allows management to act opportunistically (buy/sell/redevelop) and absorb cyclical shocks; if it weakens, growth stalls and refinancing risk rises.
All standing thesis claims
Original report summary
Urban Edge is a regional retail REIT that creates value by redeveloping underutilized shopping real estate in dense, high-barrier-to-entry markets and converting that work into higher NOI funded by rising operating cash flow and.
Bull case and bear case
Bull case and bear case for Urban Edge Properties
Where the evidence on Urban Edge Properties stands: Holding on the latest evidence (Nov 7, 2026). Of its 3 thesis points, 2 strengthening and 1 holding.
Bull case: what the evidence supports
UE’s proactive redevelopment and re-leasing of underutilized retail sites in dense, high-barrier submarkets will cause portfolio revenue and NOI to grow above simple market rents because redeployments are targeted to essential and experiential tenants that generate higher sales per sq.
Operating cash flow will continue to grow and fund a large portion of redevelopment and repositioning capex, reducing reliance on equity issuance and enabling accretive internal growth.
UE’s improving equity base and controlled liabilities provide balance-sheet flexibility to execute selective acquisitions and complete redevelopments on attractive risk-adjusted terms without jeopardizing liquidity or capital returns.
Bear case: what would count against it
A secular drop in brick-and-mortar demand or large-scale tenant bankruptcies (national grocer or discounter exits) that materially reduce leasing demand.
Material increases in tenant delinquencies or lease concessions that reduce collected rents and operating cash flow.
A sharp rise in interest rates or reduced access to unsecured capital that materially increases financing costs or prevents refinancing of maturing debt.
Thesis-Break Engine
Thesis-break watch · Urban Edge Properties
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MARKET + FINANCIAL SNAPSHOT
The numbers behind the thesis
What Changed
- MixedReported results of operations (earnings release).
Urban Edge Properties filed an SEC 8-K on 2026-10-28: Reported results of operations (earnings release). It is a dated development that tests the current thesis.
- MixedReported results of operations (earnings release).
Urban Edge Properties filed an SEC 8-K on 2026-08-06: Reported results of operations (earnings release). It is a dated development that tests the current thesis.
- MixedReported results of operations (earnings release).
Urban Edge Properties filed an SEC 8-K on 2026-04-29: Reported results of operations (earnings release). It is a dated development that tests the current thesis.
Risks / falsifiers
What could break the thesis
- A secular drop in brick-and-mortar demand or large-scale tenant bankruptcies (national grocer or discounter exits) that materially reduce leasing demand.
- Material increases in tenant delinquencies or lease concessions that reduce collected rents and operating cash flow.
- A sharp rise in interest rates or reduced access to unsecured capital that materially increases financing costs or prevents refinancing of maturing debt.
UE news
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Financial statements
UE income statement
Annual filed results · USD · Oldest to newest. Margins are calculated from the reported figures.
UE: quick answers
- What is UE's short interest?
- As of October 30, 2026, 2.8M UE shares were sold short, down 13.1% from the count before. At the stock's average daily volume that is 1.6 days to cover. FINRA publishes the count twice a month. UE short interest history
- Have members of Congress traded UE?
- Reports made public in the last 90 days disclose 1 trade in UE by 1 filer: 0 purchases and 1 sale. They are filed under the STOCK Act by members of Congress, the President and senior officials. Every disclosed UE trade