UE Urban Edge Properties
Price Chart
Executive Summary
UBS initiated coverage on Urban Edge Properties (UE) with a Neutral rating and a $21 price target, implying 5.9% downside from the current $22.31. The call is part of a three-firm cluster including Ladenburg Thalmann (Neutral, $23) and BTIG (Buy, $23). UBS has a 55% accuracy rate on 5,084 calls with a 4.6% average return, slightly above the consensus mean target of $23.43. Consensus is heavily bullish: 10 Buy, 5 Hold, 0 Sell across 15 analysts. The mean target implies 5.0% upside, but UBS's $21 sits at the low end of the $22–$26 range. EPS revisions are mixed: 2 upward revisions for the current fiscal year but 2 downward for next year. Insider selling is notable: CFO Jeffrey Olson sold $3.92M worth in early May 2026, a bearish contra-signal to the bullish consensus. Short interest is elevated at 61.0% of float, suggesting heavy bearish positioning. The cluster of initiates with mixed ratings and a low-end PT from a moderate-accuracy firm makes this a neutral-to-slightly-bearish signal for traders.
Impact Score
Consensus & Targets
Consensus is 66.7% Buy (6 strong buy, 4 buy), 33.3% Hold (5 hold), 0% Sell across 15 analysts. The direction is strongly bullish, though the cluster of recent initiates is split 2 Neutral to 1 Buy.
Mean PT $23.43, median $23.00, high $26.00, low $22.00. Current price $22.31 implies 5.0% upside to the mean. UBS's $21 is 10.3% below the mean and the only target below $22, making it the most bearish on the street.
Recent Analyst Activity
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| 2026-05-18 | UBS | maintain | Neutral | $22.00 |
| 2026-04-30 | Evercore ISI Group | maintain | In-Line | — |
| 2026-01-08 | UBS | maintain | Neutral | $20.00 |
| 2026-01-06 | Morgan Stanley | maintain | Equal-Weight | $22.00 |
| 2025-10-24 | UBS | initiate | Neutral | $21.00 |
| 2025-09-24 | Morgan Stanley | maintain | Equal-Weight | $21.00 |
| 2025-09-15 | Evercore ISI Group | maintain | In-Line | $22.00 |
| 2025-09-09 | Ladenburg Thalmann | initiate | Neutral | $23.00 |
| 2025-08-11 | BTIG | initiate | Buy | $23.00 |
| 2024-12-24 | Evercore ISI Group | maintain | In-Line | $22.00 |
No upgrades or downgrades in the past 30 days. EPS revisions are mixed: 2 upward revisions for the current fiscal year (0y) and 1 for the next quarter (+1q), but 2 downward revisions for next year (+1y). The 7-day revision trend is positive for 0y (+2) and 0q (+1), suggesting near-term optimism but longer-term caution.
Firm Track Record — UBS
UBS accuracy: 55% on 5084 calls | avg return: 4.6%
Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 1 firms with ≥5 scored calls.
| Firm | Accuracy | Calls | Avg Return | vs Average |
|---|---|---|---|---|
| Evercore ISI Group | 50% | 2/4 | 1.2% | below average |
UBS has a 55% accuracy rate on 5,084 calls with a 4.6% average return, slightly above average. Only one other firm (Evercore ISI Group) has accuracy data: 50% on 4 calls with 1.2% return (below average). UBS's track record is moderate, not a standout.
Earnings Estimates
| Period | EPS Est. | EPS Range | Revenue | Revisions (7d) |
|---|---|---|---|---|
| +1q | $0.13 | $0.10 — $0.15 | $99.9M | ↑1 ↓0 |
| 0q | $0.11 | $0.10 — $0.12 | $98.9M | ↑1 ↓0 |
| 0y | $0.49 | $0.38 — $0.57 | $443.2M | ↑2 ↓0 |
| +1y | $0.51 | $0.46 — $0.56 | $456.4M | ↑1 ↓0 |
Cross-Platform Signals
Insider selling is a bearish signal: CFO Jeffrey S. Olson sold $3.92M on May 8 and $411K on May 11, 2026 — a cluster of large C-suite sales. Institutional activity is mixed: Wells Fargo added 39.4%, Renaissance Technologies doubled (+1,422%), and Two Sigma doubled (+269%), while Bank of America trimmed 39.4% and Norges Bank exited. Short interest is extremely high at 61.0% of float, indicating heavy bearish bets. The insider selling and high short interest diverge from the bullish consensus, creating a risk-off signal.
Actionable Insight
The UBS Neutral initiate at $21 is a cautious call that aligns with insider selling and elevated short interest. Traders should watch for a potential squeeze if earnings beat, but the low-end PT and C-suite sales argue for waiting on the sidelines until the stock proves it can hold above $22.
Documents Analyzed
Report based on filing metadata.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 4, 2026
6d ago
|
ANALYST-UPGRADE
| $20.08 $18.66 | ▼ −7.03% | ▼ −4.35% | $23.76 (+18.35%) |
|
May 8, 2026
4w ago
|
144
| $21.61 $22.89 | ▲ +5.92% | ▲ +5.90% | $23.76 (+9.95%) |
|
May 5, 2026
5w ago
|
ANALYST-UPGRADE
| $20.08 $18.66 | ▼ −7.03% | ▼ −4.35% | $23.76 (+18.35%) |
|
Mar 24, 2026
11w ago
|
DEFA14A
| $20.18 $21.59 | ▲ +6.99% | ▼ −0.87% | $23.76 (+17.74%) |
US Market Status
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