In Q1 FY2026 (ended March 31, 2026), Urban Edge Properties reported revenue of $132.6 million, up 12.2% year-over-year. Net income surged 176.2% to $22.6 million, while diluted EPS rose 157.1% to $0.18. Operating income was $24.4 million (down 20.5% from a prior period, though the comparison period is December 31, 2018). Cash stood at $50.0 million.
•Revenue increased 12.2% YoY to $132.6 million.
•Net income rose 176.2% to $22.6 million; diluted EPS up 157.1% to $0.18.
•Operating income was $24.4 million (down 20.5% vs. Dec 31, 2018).
•Cash and cash equivalents totaled $50.0 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Urban Edge Properties is a NYSE listed real estate investment trust focused on owning, managing, acquiring, developing, and redeveloping retail real estate. Specifically in urban communities, primarily in the Washington, D.C. to Boston corridor. Urban Edge owns 74 properties totaling 17.3 million square feet of gross leasable area. Urban Edge Properties was incorporated in 2014 and is based in New York, United States.
Urban Edge Properties is a real estate investment trust (REIT) that focuses on owning, managing, acquiring, developing, and redeveloping retail real estate. The company specifically targets urban communities, primarily along the Washington, D.C. to Boston corridor in the United States. Its portfolio includes 74 properties totaling 17.3 million square feet of gross leasable area. By concentrating on densely populated urban markets, Urban Edge aims to create value through strategic property improvements and tenant mix optimization. The company's properties are typically anchored by grocery stores, discount retailers, and other essential services that cater to local communities.
On which stock exchange is Urban Edge Properties (UE) listed and what currency does it trade in?
Urban Edge Properties is listed on the New York Stock Exchange (NYSE) under the ticker symbol UE. The company trades in US Dollars (USD), which is the standard currency for stocks listed on US exchanges. As a NYSE-listed company, Urban Edge is subject to the reporting and governance requirements of the Securities and Exchange Commission (SEC). Investors can buy and sell shares of UE through most brokerage platforms that offer access to US equities. The NYSE is one of the largest stock exchanges in the world, providing liquidity and visibility for publicly traded companies like Urban Edge Properties.
What sector and industry does Urban Edge Properties (UE) belong to?
Urban Edge Properties operates in the Real Estate sector, specifically within the REIT - Retail industry. REIT stands for Real Estate Investment Trust, a type of company that owns, operates, or finances income-producing real estate. As a retail-focused REIT, Urban Edge specializes in properties that house retail tenants such as supermarkets, discount stores, and other commercial businesses. The company's properties are located in urban communities, distinguishing it from suburban or mall-focused retail REITs. By law, REITs must distribute at least 90% of their taxable income to shareholders as dividends, making them popular among income-focused investors.
Where is Urban Edge Properties (UE) headquartered and what geographic markets does it serve?
Urban Edge Properties is headquartered in New York, United States. The company's primary geographic focus is the densely populated corridor from Washington, D.C. to Boston, which includes major metropolitan areas such as New York City, Philadelphia, and Baltimore. This region is one of the most affluent and densely populated in the US, offering strong consumer demand for retail goods and services. Urban Edge's 74 properties are strategically located in urban communities within this corridor, targeting neighborhoods with high foot traffic and limited retail supply. By concentrating on this specific geography, the company leverages local market knowledge and relationships to optimize property performance.
How does Urban Edge Properties (UE) generate revenue?
Urban Edge Properties generates revenue primarily through leasing retail space to tenants in its 74 properties, which total 17.3 million square feet of gross leasable area. As a REIT, the company earns rental income from long-term leases with tenants such as grocery stores, discount retailers, and other essential service providers. Additionally, Urban Edge may generate income from property management fees, parking fees, and other ancillary services. The company also creates value through its development and redevelopment activities, which can increase rental rates and property values over time. By focusing on urban communities in the Washington, D.C. to Boston corridor, Urban Edge targets stable, necessity-based retail tenants that tend to be resilient during economic downturns.