(UE) Urban Edge Properties - Ratings and Ratios

Urban Edge Properties (NYSE: UE) is a retail-focused real estate investment trust (REIT) listed on the New York Stock Exchange. The company specializes in acquiring, managing, and redeveloping retail properties in densely populated urban areas, with a geographic focus on the Washington, D.C. to Boston corridor. This corridor is strategically important due to its high population density, strong consumer spending, and limited supply of retail space in urban centers.

As of its latest reporting, Urban Edge owns 76 properties, totaling 17.1 million square feet of gross leasable area. The company’s portfolio is concentrated in urban markets with strong demographics, where retail demand is driven by high foot traffic and limited retail supply. Its properties include shopping centers, retail strips, and mixed-use developments in densely populated areas. The company’s strategy focuses on enhancing property values through selective redevelopment and leasing to high-quality tenants.

From a financial perspective, Urban Edge Properties has a market capitalization of approximately $2.8 billion, making it a mid-sized REIT. The stock trades at a trailing P/E ratio of 9.28 and a forward P/E of 75.76, reflecting expectations of future earnings growth. The price-to-book ratio stands at 2.04, indicating that the stock is trading at a modest premium to its book value. The company’s price-to-sales ratio of 6.43 suggests that investors are valuing its revenue-generating potential. For investors and fund managers, Urban Edge’s focus on urban retail and its strategic corridor position it as a potential play on the recovery of brick-and-mortar retail in high-demand areas.

Additional details about the company can be found on its website: https://www.uedge.com.