Urban Edge Properties Common Shares of Beneficial Interest (UE)

FairStock Score: 40/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable cash streams, conservative balance sheets, and a price that pays me for risk. Urban Edge is a small retail REIT: 74 properties, 16.0 million square feet, concentrated from Washington, D.C., to Boston. That corridor can be a decent location advantage, but I see no wide moat in commodity retail space. Filed revenue rose from $416.9 million in fiscal year 2023 (period ended 2023-12-31) to $471.9 million in fiscal year 2025 (period ended 2025-12-31), yet net income fell from $248.5 million to $93.5 million, and diluted EPS dropped from $2.11 to $0.74. The Lynch profile is a slow grower that is shrinking, with profit about -0.0% a year over five years and revenue up 7.4%. For REITs, depreciation distorts EPS and P/E, and FFO/AFFO, the right measures, are not in the data. So I lean on cash yield, leverage, revenue trend, and price-to-book. At the 2026-10-13 close of $19.36, FairStock shows a 4.20% dividend yield, 8.7% FCF yield, P/B 1.90, D/E 1.27, and Altman Z-score 0.87. That leverage and low Z-score worry me. The latest filed quarter, fiscal Q1 2026 (quarter ended 2026-03-31), had revenue of $132.6 million, net income of $22.6 million, and diluted EPS of $0.18, versus revenue of $118.2 million, net income of $8.2 million, and diluted EPS of $0.07 in fiscal Q1 2025 (quarter ended 2025-03-31). That is improvement, but quarterly profits have been volatile. At 1.9 times book and near the low end of its 52-week range, the price is not demanding, but not a clear bargain. I would want FFO/AFFO disclosure and lower leverage before calling it compelling.

In plain English: Urban Edge owns and manages shopping centers in urban areas from Washington, D.C., to Boston. Revenue has been rising, but profit has fallen sharply in recent years and debt is meaningful, so the business looks mixed rather than strong. At $19.36, the stock sits near the low end of its 52-week range and offers a 4.2% dividend, but the numbers do not make it look clearly cheap.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer