Urban Edge Properties

UE remains in a Stage 2 advancing regime with a clear sequence of higher highs and higher lows, reinforced by a recent Momentum Breakout signaling new demand overwhelming prior supply. However, price is extreme overbought and extended above rising EMAs, indicating near-term exhaustion risk. We will wait for a pullback into the rising EMA support zone for an optimal entry aligned with the medium-term bullish trend.

• ↑Record Q1 adjusted FFO of $0.36 (+3% YoY) with 419k sq ft leased at 52% cash spread
• ↑Raised FY FFO guidance to $1.48–$1.52, same-property NOI growth forecast at 3.0%–3.75%
• ↓Weak growth and earnings revision trends undermine guidance credibility