UE Urban Edge Properties
Price Chart
Executive Summary
UBS initiated coverage on UE at Neutral with a $21 price target, part of a three-firm cluster including Ladenburg Thalmann (Neutral, $23) and BTIG (Buy, $23). The stock trades at $21.66, slightly above UBS's target, implying ~3% downside. Consensus is bullish: 10 Buy, 5 Hold, 0 Sell across 15 analysts, with a mean target of $22.57 (+4.2% upside). UBS has a 55% accuracy rate on 5,083 calls with a 4.6% average return, slightly above the peer average. The 30-day analyst activity shows no upgrades or downgrades, but EPS estimates for the current year have been revised up 1 in the last 7 days and 1 in the last 30 days, with 0 down revisions. Insider and congressional trades are absent, but institutional activity is mixed: Wells Fargo added 39.4%, Renaissance Technologies doubled its position, while Bank of America trimmed 39.4% and Norges Bank exited. Short interest is elevated at 71.9% of TRF volume, signaling bearish positioning. The cluster of initiations with a neutral-to-buy tilt, combined with rising EPS estimates and mixed institutional flows, suggests a cautiously bullish setup but with limited near-term upside.
Impact Score
Consensus & Targets
Consensus is bullish: 6 Strong Buy, 4 Buy, 5 Hold, 0 Sell, 0 Strong Sell across 15 analysts. The direction is clearly positive, with 10 Buy-equivalent ratings versus 5 Hold, and no Sell ratings. This is a strong consensus relative to the broader market.
Mean target $22.57, median $23, high $24, low $20. Current price $21.66 implies +4.2% upside to mean and +6.2% to median. UBS's $21 target is below the mean and median, sitting at the lower end of the range, indicating a below-consensus view.
Recent Analyst Activity
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| 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 |
| 2024-09-16 | Evercore ISI Group | maintain | In-Line | $22.00 |
30-day analyst activity: 0 upgrades, 0 downgrades. EPS revision trend is positive: current-year EPS estimates revised up 1 in the last 7 days and 1 in the last 30 days, with 0 down revisions. Next-quarter estimates also saw 1 upward revision in 30 days. Estimates are being revised higher, supporting a bullish fundamental backdrop.
Firm Track Record — UBS
UBS accuracy: 55% on 5083 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 5,083 calls with a 4.6% average return, which is slightly above the peer average. The only other firm with available data is Evercore ISI Group (50% on 4 calls, 1.2% avg return, below average). UBS's track record is solid but not exceptional, making this a moderate-confidence signal.
Earnings Estimates
| Period | EPS Est. | EPS Range | Revenue | Revisions (7d) |
|---|---|---|---|---|
| +1y | $0.55 | $0.46 — $0.63 | $457.2M | ↑0 ↓0 |
| 0q | $0.11 | $0.10 — $0.12 | $106.9M | ↑0 ↓0 |
| +1q | $0.13 | $0.10 — $0.15 | $108.3M | ↑0 ↓0 |
| 0y | $0.49 | $0.38 — $0.57 | $494.2M | ↑1 ↓0 |
Cross-Platform Signals
Insider and congressional trades are absent. Institutional activity is mixed: Wells Fargo added 39.4%, Renaissance Technologies doubled (+1,422.5%), and Two Sigma doubled (+268.8%), while Bank of America trimmed 39.4% and Norges Bank exited. Short interest is high at 71.9% of TRF volume, indicating bearish positioning that diverges from the bullish consensus. The convergence of rising EPS estimates and institutional buying from top quant funds suggests underlying strength, but the high short interest and UBS's below-consensus target create a neutral-to-cautious signal.
Actionable Insight
The cluster of initiations with a neutral-to-buy tilt, combined with rising EPS estimates and strong institutional buying from Renaissance and Two Sigma, supports a cautiously bullish stance. However, UBS's below-consensus target and elevated short interest suggest limited near-term upside — traders should wait for a pullback toward $20-21 before adding long positions.
Documents Analyzed
Report based on filing metadata.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 4, 2026
10d ago
|
ANALYST-UPGRADE
| $20.08 $18.66 | ▼ −7.03% | ▼ −4.35% | $23.92 (+19.15%) |
|
May 8, 2026
5w ago
|
144
| $21.61 $22.89 | ▲ +5.92% | ▲ +5.90% | $23.92 (+10.69%) |
|
May 5, 2026
5w ago
|
ANALYST-UPGRADE
| $20.08 $18.66 | ▼ −7.03% | ▼ −4.35% | $23.92 (+19.15%) |
|
Mar 24, 2026
11w ago
|
DEFA14A
| $20.18 $21.59 | ▲ +6.99% | ▼ −0.87% | $23.92 (+18.53%) |
US Market Status
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