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UE Stock Price Correlated With Urban Edge Properties Financials

UE Stock Price vs. Quarterly
'16'17'18'19'20'21'22'23'24'251015201.01.52.0Q Revenue Per Share0.93UE
Income Statement
Cash Flow
Balance Sheet

UE Income Statement

Revenue, Net: $116M
Revenue Per Share: $0.93
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense: $9.65M
Research & Development Expense:
Total Operating Expenses: $88.7M
Operating Income: $32.2M
Income Taxes: $664k
Net Income: $31.3M
Earnings Per Share, Diluted:
Earnings Per Share, Basic: $0.25
Shares Outstanding, Basic Avg: 125M
Shares Outstanding, Diluted Avg:
Common Stock Shares Outstanding:

UE Cash Flow

Operating Activities Net Income: $31.3M
Depreciation, Depletion & Amortization: $38.9M
Change in Accounts Receiveable: $1.11M
Net Cash from Operations: $52.4M
Net Cash from Operations Per Share: $0.42
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt: $50.0M
Cash Dividends Paid: $21.3M
Net Cash from Financing Activities: $36.9M
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities: −$88.4M
Net Change in Cash & Equivalents: $996k

UE Balance Sheet

Cash and Cash Equivalents: $90.6M
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net: $2.87B
Total Assets: $3.31B
Accounts Payable: $90.0M
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities: $1.95B
COMPANY PROFILE
ORGANIZATION Urban Edge Properties (“UE”, “Urban Edge” or the “Company”) (NYSE: UE) is a Maryland real estate investment trust focused on managing, developing, redeveloping, and acquiring retail real estate in urban communities, primarily in the New York metropolitan area. Urban Edge Properties LP (“UELP” or the “Operating Partnership”) is a Delaware limited partnership formed to serve as UE’s majority-owned partnership subsidiary and to own, through affiliates, all of the Company’s real estate properties and other assets. Unless the context otherwise requires, references to “we”, “us” and “our” refer to Urban Edge Properties and UELP and their consolidated entities/subsidiaries.

The Operating Partnership’s capital includes general and common limited partnership interests in the operating partnership (“OP Units”). As of December 31, 2021, Urban Edge owned approximately 96.2% of the outstanding common OP Units with the remaining limited OP Units held by members of management, Urban Edge’s Board of Trustees and contributors of property interests acquired. Urban Edge serves as the sole general partner of the Operating Partnership. The third-party unitholders have limited rights over the Operating Partnership such that they do not have characteristics of a controlling financial interest. As such, the Operating Partnership is considered a variable interest entity (“VIE”), and the Company is the primary beneficiary which consolidates it. The Company’s only investment is the Operating Partnership. The VIE’s assets can be used for purposes other than the settlement of the VIE’s obligations and the Company’s partnership interest is considered a majority voting interest.

As of December 31, 2021, our portfolio consisted of 68 shopping centers, five malls and two industrial parks totaling approximately 17.0 million sf, which is inclusive of a 95% controlling interest in Walnut Creek, CA (Mt. Diablo), and an 82.5% controlling interest in Sunrise Mall, in Massapequa, NY.

Free historical financial statements for Urban Edge Properties. See how revenue, income, cash flow, and balance sheet financials have changed over 40 quarters since 2015. Compare with UE stock chart to see long term trends.

Data imported from Urban Edge Properties SEC filings. Check original filings before making any investment decision.

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