Urban Edge Properties: Improving Quality But High Valuation
Portfolio Pulse from
Urban Edge Properties has delivered over 47% total returns since November 2023, with a forward yield of 2.89% and a P/FFO multiple of 17.63x. The article questions UE's valuation compared to peers KIM, REG, and FRT, and explores its advantages and vulnerabilities.
November 10, 2024 | 9:30 am
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NEUTRAL IMPACT
Federal Realty Investment Trust is mentioned as a peer to Urban Edge Properties, with a focus on comparing valuations.
FRT is mentioned as a peer for valuation comparison, but the article does not provide specific details on FRT's performance or valuation.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Kimco Realty is mentioned as a peer to Urban Edge Properties, with a focus on comparing valuations.
KIM is mentioned as a peer for valuation comparison, but the article does not provide specific details on KIM's performance or valuation.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Regency Centers is mentioned as a peer to Urban Edge Properties, with a focus on comparing valuations.
REG is mentioned as a peer for valuation comparison, but the article does not provide specific details on REG's performance or valuation.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Urban Edge Properties has seen significant returns but its valuation is questioned compared to peers. The stock's P/FFO multiple is 17.63x with a forward yield of 2.89%.
The article highlights UE's strong performance but questions its high valuation compared to peers. This could lead to investor caution, balancing the positive returns with valuation concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100