Owns and operates open-air shopping centers, mostly grocery-anchored, concentrated in the New York/DC/Boston corridor.
Owns and operates open-air shopping centers, mostly grocery-anchored, concentrated in the New York/DC/Boston corridor.
Earns rent under multi-year leases that largely pass property taxes and upkeep back to tenants, with annual rent increases. Created in 2015 when Vornado spun off its strip-centre portfolio. It redevelops some sites into mixed-use property where zoning allows, adding space on land it already owns.
Moat: narrow (scale, installed base). Dense, supply-constrained East Coast infill locations are hard to replicate.
Headquarters: New York, New York, US · Founded: 2015 · Employees: 104
Size Urban Edge Properties (UE) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $2.58B, the 1634th largest of 3,117 United States companies the cockpit tracks. Shares closed at $20.42 on 6 Nov 2026.
Performance Over six months the shares fell 5.5%, against -2.1% for the median peer and -1.1% for the United States market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 5.5% over the last twelve months (peer median +6.9%); the operating margin is 30.8% (peer median 39.5%).
Valuation It trades at 1.95× book value against a peer median of 1.25× (most expensive of 21).
Price implies The share price implies a return on equity of about 16.9%; Urban Edge Properties delivers 8.0%, so the price asks more than the business earns today.
Short interest Short interest is 2.5% of the free float (15 Oct 2026).
Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $495M | $472M | $445M | $417M | $398M |
| Revenue growth | — | +6% | +7% | +5% | — |
| Gross profit | $199M | $180M | $147M | $174M | $151M |
| EBITDA | $285M | $266M | $247M | $234M | $206M |
| Net income | $104M | $93.5M | $72.5M | $248M | $46.1M |
| Free cash flow | $88.3M | $81.8M | $42.5M | $47.3M | $23.6M |
| Capital expenditure | $134M | $101M | $111M | $116M | $116M |
| Total debt | $1.92B | $1.85B | $1.87B | $2.01B | $1.85B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Urban Edge Properties UE | $2.58B | -6% | +6% | 8% | 1.95× | 16.9% |
| Kimco Realty KIM | $17.0B | +10% | +3% | 7% | 1.67× | 13.9% |
| Brixmor Property BRX | $9.21B | +1% | +5% | 14% | 3.05× | 23.1% |
| Regency Centers REG | $13.7B | -3% | +8% | 8% | 2.06× | 15.2% |
| Federal Realty Investment Trust FRT | $9.74B | -2% | +8% | 14% | 3.14× | 23.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | UE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.9% | +7.2% | 8th lowest of 21 |
| 6-month return | -5.5% | -2.1% | 10th lowest of 21 |
| Return on equity | 8.0% | 4.4% | 5th highest of 21 |
| Price / book | 1.95× | 1.25× | most expensive of 21 |
| Trailing P/E | 24.9× | 20.6× | 8th most expensive of 19 |
| ROE the price implies | 16.9% | 9.9% | 2nd most demanding of 21 |
| ROE delivered | 8.0% | 4.3% | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Urban Edge Properties UE | United States | $2.58B | -6% | +6% | 8% | 1.95× | 16.9% | 8.0% |
| Dream Industrial Real Estate Investment Trust DIR-UN.TO | Canada | $2.58B | -8% | +6% | 4% | 0.78× | 8.4% | 3.9% |
| Four Corners Property Trust FCPT | United States | $2.57B | -7% | +10% | 8% | 1.58× | 12.2% | 7.5% |
| CapitaLand Ascott Trust HMN.SI | Singapore | $2.55B | -6% | +5% | 7% | 0.74× | 4.7% | 6.5% |
| LTC Properties LTC | United States | $2.52B | +14% | +69% | 39% | 1.50× | 9.9% | 38.7% |
| Big Yellow BYG.L | United Kingdom | $2.50B | +11% | +2% | 5% | 0.72× | 8.8% | 4.8% |
| InvenTrust Properties IVT | United States | $2.46B | +1% | +13% | 2% | 1.38× | 11.0% | 1.6% |
| Acadia Realty Trust AKR | United States | $2.74B | -9% | 0% | 2% | 1.17× | 11.8% | 1.6% |
| Advance Residence Investment 3269.T | Japan | $2.42B | -18% | -4% | 7% | 1.54× | 5.8% | 7.3% |
| Frasers Logistics & Commercial Trust BUOU.SI | Singapore | $2.76B | -6% | 0% | 5% | 0.82× | 4.2% | 5.1% |
| Dynex Capital DX | United States | $2.77B | -20% | +142% | -2% | 0.98× | 9.6% | -2.0% |
| Japan Prime Realty Investment 8955.T | Japan | $2.37B | -7% | -13% | 7% | 1.31× | 5.2% | 6.8% |
| Hammerson HMSO.L | United Kingdom | $2.80B | +13% | +92% | 11% | 0.90× | 18.4% | 10.6% |
| NETSTREIT NTST | United States | $2.37B | -9% | +27% | 1% | 1.18× | 10.0% | 1.3% |
| Pebblebrook Hotel Trust PEB | United States | $2.36B | +43% | +3% | -3% | 1.01× | 12.2% | -2.8% |
| Sunstone Hotel Investors SHO | United States | $2.33B | +19% | +7% | 3% | 1.42× | 12.8% | 2.7% |
| Derwent London DLN.L | United Kingdom | $2.87B | +15% | +45% | 1% | 0.62× | 10.0% | 1.4% |
| SmartStop Self Storage REIT SMA | United States | $2.31B | +20% | +21% | 2% | 1.86× | 9.3% | 2.4% |
| DiamondRock Hospitality DRH | United States | $2.88B | +30% | +2% | 11% | 1.86× | 16.4% | 10.6% |
| Invincible Investment 8963.T | Japan | $2.94B | -1% | +10% | 9% | 1.31× | 6.2% | 8.9% |
| Crombie Real Estate Investment Trust CRR-UN.TO | Canada | $2.22B | -3% | +4% | -3% | 1.70× | 11.5% | -3.2% |