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Cameco Corporation Is the Only Uranium Play to ConsiderUrban Edge Properties NYSE: UE reported second-quarter results that exceeded its internal expectations, driven by higher leasing spreads, same-property net operating income growth and contributions from redevelopment activity. The retail real estate investment trust raised its full-year funds from operations guidance while outlining continued capital recycling and leasing initiatives across its Northeast-focused portfolio.

Chairman and Chief Executive Officer Jeff Olson said the company generated record FFO as adjusted of $0.40 per share, up 10% from the second quarter of 2025 and 7% year to date. Same-property NOI, including redevelopment, rose 3.2% in the quarter and 3% through the first half.

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Olson said traffic at the company’s centers increased 3% from a year earlier, with particularly noticeable gains at Bergen, Woodbridge, Hudson Mall and Totowa, where Urban Edge has upgraded its tenant mix. He attributed demand to limited availability of quality retail vacancies in its trade areas and the company’s value- and necessity-oriented merchandise mix.

Guidance Raised as NOI Growth Outpaces Expectations Urban Edge raised its 2026 FFO as adjusted guidance by $0.02 per share at the midpoint to a range of $1.50 to $1.54 per share. The updated outlook implies 6% growth over 2025, according to Olson. The company also increased the low end of its same-property NOI growth outlook, including redevelopment, by 25 basis points to a range of 3.25% to 3.75%.

Chief Financial Officer Mark Langer said second-quarter NOI growth exceeded the company’s expectations, supported by higher percentage rents, greater net recovery revenue, collections on prior-period reserves and lower real estate taxes.

Results also included several items that Langer characterized as one-time benefits. Urban Edge received approximately $0.02 per share of lease termination income from Wren Kitchens, as well as about $0.01 per share from accelerated amortization of non-cash revenue and a multi-year real estate tax refund. Langer said some of the income had already been anticipated in the company’s full-year plan or reflected revenue that otherwise would have been recognized later in the year.

Bad debt was about 40 basis points of gross rents in the quarter, better than expected, aided by collections from accounts reserved in the first quarter. Langer said a multi-location franchise operator in Puerto Rico that had contributed to earlier uncollected rents paid all current second-quarter rent and was current on payment-plan obligations for past-due amounts. For the third and fourth quarters, the company expects credit losses of 60 to 75 basis points of gross rent.

Leasing Spreads and Occupancy Chief Operating Officer Jeff Mooallem said Urban Edge executed 26 leases totaling 199,000 square feet during the quarter, evenly divided between 13 new leases and 13 renewals. New leases produced a same-space cash spread of 13%, while renewals and option exercises generated a 10% cash spread.

While the quarterly new-lease spread was lower than the first quarter, Mooallem said results can fluctuate because of the company’s size. Year-to-date new-lease spreads were nearly 30%, and the company expects new-lease cash spreads to exceed 20% for the full year, which would mark its fifth consecutive year at that level.

Same-property leased occupancy was 96.3% at quarter-end, down 10 basis points from the prior quarter and 40 basis points from the year-earlier period. The decline largely reflected the bankruptcy of Wren Kitchens, which occupied two company locations. Mooallem said Urban Edge collected a meaningful settlement related to those leases and expects the vacated space to support a stronger merchandising mix at rents above Wren’s previous rates.

Shop occupancy declined 70 basis points sequentially to 91.7%. About half of the decline resulted from deliberate recapture opportunities in which the company chose not to retain existing tenants, Mooallem said. Urban Edge expects to backfill shop space at average rents of about $45 per square foot, representing a mark-to-market opportunity of approximately 20%, and aims to restore shop occupancy above 93%.

During the question-and-answer session, Mooallem said replacement tenants under consideration include names such as CAVA, Starbucks, Mathnasium and Rally House. He also identified fitness, medical, veterinary, urgent-care and quick-service restaurant concepts as active sources of small-shop demand, while noting the company is monitoring restaurant concentration at individual properties.

Redevelopment Pipeline and Capital Recycling Urban Edge’s signed-but-not-open pipeline represents $22 million of future annual gross rent, equal to about 7% of current NOI. Langer said the pipeline is expected to contribute $1.7 million of new rent during the remainder of 2026, primarily in the fourth quarter, and represents approximately $7.7 million of annualized rent.

At Bruckner Commons in the Bronx, BJ’s Wholesale Club, Ross, Chick-fil-A and Chipotle are under construction. Olson said rent commencements are expected to begin during 2027, with the projects collectively representing more than $8 million in annual rent.

The company stabilized a Hudson Mall redevelopment project with Burlington’s May opening in Jersey City, New Jersey. HomeGoods is under construction at the center and is expected to open later this year. Urban Edge also activated an anchor project at Ledgewood Commons and a multi-tenant outparcel at Woodmore Town Center.

Mooallem said completed projects over the past 12 months involved $33 million of investment and are generating an average yield of 25%. The active development pipeline totals $155 million, with about $67 million left to fund and an expected yield of approximately 12%.

On the acquisition front, Urban Edge bought Shops at West Falls Church, an 85,000-square-foot Safeway-anchored center in Falls Church, Virginia, for $40 million. It also acquired a ground-lease position at Shoppers World in Framingham, Massachusetts, for $10.5 million. Olson said the two purchases carried an average cap rate of 6% and are expected to generate a 9% unleveraged internal rate of return.

The company is under contract to sell Briarcliff Commons, a Kohl’s-anchored New Jersey center, for $60.5 million, with closing expected later in the month. Olson said Urban Edge seeks to sell lower-growth, high-credit assets and redeploy capital into higher-growth properties, generally targeting assets with 3% to 4% growth rather than 1% to 2% growth.

Management said acquisition competition has increased and compressed retail cap rates. Olson cited a general cap-rate range of 5% to 7%, while Mooallem said buyers have become more active across asset categories. The company remains focused primarily on its existing Washington, D.C.-to-Boston corridor, though Olson said the Southeast is the most natural potential geographic expansion.

Urban Edge ended the quarter with approximately $960 million of total liquidity, including $82 million of cash, $55 million drawn on its credit facility and no borrowings on its delayed-draw term loans. Net debt to adjusted EBITDA was 5.5 times, Langer said.

About Urban Edge Properties (NYSE:UE)Urban Edge Properties is a publicly traded real estate investment trust (REIT) that specializes in owning, operating and developing grocery-anchored shopping centers. The company was formed in January 2017 as a spin-off from Regency Centers Corporation, establishing an independent platform focused on urban and densely populated markets. As a fully integrated REIT, Urban Edge oversees the acquisition, financing, leasing, redevelopment and management of its retail properties.

The company's portfolio comprises predominantly open-air shopping centers anchored by national and regional supermarket operators.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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NEW YORK--(BUSINESS WIRE)--Urban Edge Properties (NYSE: UE) (the "Company") today announced its results for the quarter ended June 30, 2026 and updated its outlook for full-year 2026.

"Urban Edge delivered another excellent quarter, highlighted by record FFO as Adjusted of $0.40 per share and continued momentum across our portfolio,” said Jeff Olson, Chairman and CEO. “Capital recycling remains a top priority. We recently acquired The Shops at West Falls Church in Falls Church, VA, and a leasehold interest at Shoppers World in Framingham, MA, together totaling $51.1 million. We're also under contract to sell a Kohl's-anchored center in Morris Plains, NJ for $60.5 million.”

"Given our better-than-expected results, we raised full-year FFO as Adjusted guidance by $0.02 per share. With $22 million of signed leases that have not yet rent commenced, double-digit redevelopment yields, and sustained tenant demand across our centers, we're well positioned to continue delivering durable, visible growth."

Financial Results(1)(2)

(in thousands, except per share amounts)

2Q26

2Q25

YTD 2026

YTD 2025

Net income attributable to common shareholders

$

17,922

$

57,978

$

40,567

$

66,176

Net income per diluted share

0.14

0.46

0.32

0.53

Funds from Operations ("FFO")

53,395

43,779

109,052

89,237

FFO per diluted share

0.41

0.34

0.83

0.68

FFO as Adjusted

52,267

47,252

99,836

93,173

FFO as Adjusted per diluted share

0.40

0.36

0.76

0.71

The decreases in net income for the three and six months ended June 30, 2026 were primarily driven by a $49.5 million, or $0.39 per diluted share, gain on sale of real estate related to three properties divested in the second quarter of 2025. The increases in FFO and FFO as Adjusted for the three and six months ended June 30, 2026 were driven by rent commencements on new leases, higher net recovery revenue, lease termination income, and growth from accretive capital recycling. FFO for the six months ended June 30, 2026 also benefited from $8.4 million, or $0.06 per diluted share, of non-recurring reimbursements received during the first quarter of 2026 pertaining to previously incurred environmental remediation costs.

Same-Property Operating Results Compared to the Prior Year Period(1)(3)

2Q26

YTD 2026

Same-property Net Operating Income ("NOI") growth

3.2

%

2.8

%

Same-property NOI growth, including properties in redevelopment

3.2

%

3.0

%

Increases in same-property NOI metrics for the three and six months ended June 30, 2026 were driven by rent commencements on new leases from our signed but not open pipeline. The increase for the three months ended June 30, 2026 also benefited from out-of-period collections on past due rents.

Leasing and Occupancy Results(1)

Consolidated portfolio leased occupancy was 96.6%, an increase of 10 basis points compared to June 30, 2025 and 20 basis points compared to March 31, 2026. The Company reported same-property portfolio leased occupancy of 96.3%, a decrease of 40 basis points compared to June 30, 2025 and 10 basis points compared to March 31, 2026. The Company executed 26 new leases, renewals and options totaling 199,000 sf during the quarter. New leases totaled 120,000 sf, of which 90,000 sf was on a same-space basis and generated an average cash spread of 12.8%. New leases, renewals and options totaled 169,000 sf on a same-space basis and generated an average cash spread of 10.7%. As of June 30, 2026, signed leases that have not yet rent commenced are expected to generate an additional $22.0 million of future annual gross rent, representing approximately 7% of current annualized NOI. Approximately $1.7 million of this amount is expected to be recognized in the remainder of 2026. Acquisition and Disposition Activity

On July 17, 2026, the Company acquired The Shops at West Falls Church for a gross purchase price of $40.4 million. The 85,000 sf shopping center is located in Falls Church, VA and sits within a densely populated and affluent submarket of Washington, D.C. with average annual household income of approximately $200,000 within a three-mile radius. The center is anchored by a grocer and provides visible growth potential through lease-up, contractual annual rent increases, and mark-to-market opportunities on expiring leases.

On May 21, 2026, the Company entered into a purchase and sale agreement with the ground lessor of certain ground leased premises at Shoppers World in Framingham, MA, to acquire the ground lease for $10.7 million, allowing the Company to take over as lessor for the underlying tenant. The transaction closed on June 25, 2026.

The Company is currently under contract to sell Briarcliff Commons, located in Morris Plains, NJ, for a gross sales price of $60.5 million which is expected to close later this month.

Development and Redevelopment

During the quarter, the Company commenced two redevelopment projects with estimated aggregate costs of $6.7 million and stabilized one project totaling $12.7 million with the rent commencement of Burlington at Hudson Mall. The completed projects over the last 12 months total $32.6 million of investment with a blended yield of 25%.

As of June 30, 2026, the Company has $155.0 million of active development and redevelopment projects underway, with estimated remaining costs to complete of $66.7 million. The active development and redevelopment projects are expected to generate an approximate 12% yield.

Balance Sheet and Liquidity(1)(4)(5)

Balance sheet highlights as of June 30, 2026 include:

Total liquidity of approximately $957 million, consisting of $82 million of cash on hand and $875 million available under the Company's $950 million of unsecured credit facilities, including undrawn letters of credit. Mortgages payable of $1.64 billion, with a weighted average term to maturity of 3.3 years, all of which are fixed rate or hedged. $55 million drawn on our $700 million unsecured line of credit that matures on June 28, 2030, with two six-month extension options. No borrowings on our $250 million of delayed-draw term loans. Total market capitalization of approximately $4.75 billion, comprised of 133.5 million fully-diluted common shares valued at $3.05 billion and $1.70 billion of debt. Net debt to total market capitalization of 34%. 2026 Outlook

Based on results for the first half of the year, the Company has raised its 2026 full-year guidance ranges for net income, FFO, and FFO as Adjusted, estimating net income of $0.57 to $0.61 per diluted share, net income attributable to common shareholders of $0.55 to $0.58 per diluted share, FFO of $1.57 to $1.60 per diluted share, and FFO as Adjusted of $1.50 to $1.54 per diluted share. The updated range for FFO as Adjusted now implies a midpoint of $1.52 per diluted share, an increase of $0.02 from the previous midpoint of $1.50 per diluted share. A reconciliation of the range of estimated earnings, FFO and FFO as Adjusted, the assumptions used in our guidance, and a reconciliation bridging 2025 FFO per diluted share to the 2026 estimates can be found on pages 4 and 5 of this release.

Dividend

On August 6, 2026, the Board of Trustees declared a regular quarterly dividend of $0.21 per common share. The dividend will be payable on September 30, 2026 to common shareholders of record on September 15, 2026.

Corporate Responsibility

On June 23, 2026, the Company published its 2025 Corporate Responsibility Report. The report can be found on the Corporate Responsibility page of the Company's website. Notable achievements highlighted in the report include:

Achieved a 41% reduction in scope 1 and scope 2 greenhouse gas emissions as compared to a 2015 base year and remain on track towards our goal of a 50% reduction by 2030. Reduced water consumption at landlord-controlled properties by 35% as compared to 2021. Recycled over 7,400 metric tons of materials in 2025, representing a 37% waste diversion rate. Earnings Conference Call Information

The Company will host an earnings conference call and audio webcast on August 6, 2026 at 5:00 PM ET. All interested parties can access the earnings call by dialing 1-833-309-3473 (Toll Free) or 1-785-838-9251 (Toll/International) using conference ID "URBAN" (87226). The call will also be webcast and available in listen-only mode on the investors page of our website: www.uedge.com. A replay will be available at the webcast link on the investors page for one year following the conclusion of the call. A telephonic replay of the call will also be available starting August 6, 2026 at 8:00 PM ET through August 20, 2026 at 11:59 PM ET by dialing 1-844-512-2921 (Toll Free) or 1-412-317-6671 (Toll/International) using conference ID 11162144.

(1)

Refer to "Non-GAAP Financial Measures" on page 6 and "Operating Metrics" on page 7 for definitions and additional details. Reported consolidated occupancy excludes the impact of Sunrise Mall. Including Sunrise Mall, consolidated portfolio leased occupancy was 96.5% at June 30, 2026.

(2)

Refer to page 11 for a reconciliation of net income to FFO and FFO as Adjusted for the three and six months ended June 30, 2026.

(3)

Refer to page 12 for a reconciliation of net income to NOI and Same-Property NOI for the three and six months ended June 30, 2026.

(4)

Net debt as of June 30, 2026 is calculated as total consolidated debt of $1.7 billion less total cash and cash equivalents, including restricted cash, of $82 million. Total consolidated debt and mortgages payable excludes unamortized debt issuance costs of $11.9 million and our $30.0 million mortgage secured by our property in Morris Plains, NJ which is classified as held for sale as of June 30, 2026. Including the $30.0 million mortgage secured by our property in Morris Plains, NJ, weighted average term to maturity of mortgages payable is 3.4 years.

(5)

Availability under our unsecured credit facilities is net of letters of credit issued under the unsecured line of credit. The Company obtained seven letters of credit aggregating $20.5 million which have reduced the available balance commensurate with their face values but remain undrawn and no separate liability has been recorded.

2026 Earnings Guidance

The Company has raised its 2026 full-year guidance ranges for net income, FFO, and FFO as Adjusted, estimating net income of $0.57 to $0.61 per diluted share, net income attributable to common shareholders of $0.55 to $0.58 per diluted share, FFO of $1.57 to $1.60 per diluted share, and FFO as Adjusted of $1.50 to $1.54 per diluted share. Below is a summary of the Company's 2026 outlook, assumptions used in its forecasting, and a reconciliation of the range of estimated earnings, FFO, and FFO as Adjusted per diluted share.

Previous Guidance

Revised Guidance

Net income per diluted share

$0.56 - $0.60

$0.57 - $0.61

Net income attributable to common shareholders per diluted share

$0.54 - $0.58

$0.55 - $0.58

FFO per diluted share

$1.54 - $1.58

$1.57 - $1.60

FFO as Adjusted per diluted share

$1.48 - $1.52

$1.50 - $1.54

The Company's revised 2026 full-year outlook is based on the following assumptions:

Same-property NOI growth, including properties in redevelopment, of 3.25% to 3.75%, reflecting an increase from our previous assumption of 3.00% to 3.75%. Recurring G&A expenses ranging from $34.5 million to $36.5 million, unchanged from our previous assumption. Interest and debt expense ranging from $78.0 million to $79.0 million, unchanged from our previous assumption. Acquisitions of $95 million, reflecting activity completed year-to-date, and dispositions of $60.5 million reflecting properties currently under contract. Excludes items that impact FFO comparability, including gains and/or losses on extinguishment of debt, transaction, severance, litigation, and other one-time items outside of the ordinary course of business. Guidance 2026E

Per Diluted Share(1)

(in thousands, except per share amounts)

Low

High

Low

High

Net income

$

75,600

$

80,000

$

0.57

$

0.61

Less net (income) loss attributable to noncontrolling interests in:

Operating partnership

(3,900

)

(4,100

)

(0.03

)

(0.03

)

Consolidated subsidiaries

900

900

0.01

0.01

Net income attributable to common shareholders

72,600

76,800

0.55

0.58

Adjustments:

Rental property depreciation and amortization

130,000

130,000

0.99

0.99

Limited partnership interests in operating partnership

3,900

4,100

0.03

0.03

FFO Applicable to diluted common shareholders

206,500

210,900

1.57

1.60

Adjustments to FFO:

Transaction, severance, litigation expenses and other, net

(7,700

)

(7,700

)

(0.06

)

(0.06

)

Loss on extinguishment of debt

200

200

—

—

Non-cash adjustments(2)

(1,400

)

(1,400

)

(0.01

)

(0.01

)

FFO as Adjusted applicable to diluted common shareholders

$

197,600

$

202,000

$

1.50

$

1.54

The following table is a reconciliation bridging 2025 FFO per diluted share to the Company's estimated 2026 FFO per diluted share:

Per Diluted Share(1)

Low

High

2025 FFO applicable to diluted common shareholders

$

1.43

$

1.43

2025 Items impacting FFO comparability(2)

0.01

0.01

2026 Items impacting FFO comparability(2)

0.07

0.07

Same-property NOI growth, including redevelopment

0.07

0.08

Acquisitions net of dispositions NOI growth

0.02

0.02

Interest and debt expense

(0.01

)

—

Recurring general and administrative

(0.01

)

—

Straight-line rent and non-cash items

(0.01

)

—

Lease termination and other income

0.01

0.01

2026 FFO applicable to diluted common shareholders

$

1.57

$

1.60

The Company is providing a projection of anticipated net income solely to satisfy the disclosure requirements of the Securities and Exchange Commission ("SEC"). The Company's projections are based on management’s current beliefs and assumptions about the Company's business, and the industry and the markets in which it operates; there are known and unknown risks and uncertainties associated with these projections. There can be no assurance that actual results will not differ from the guidance set forth above. The Company assumes no obligation to update publicly any forward-looking statements, including its 2026 earnings guidance, whether as a result of new information, future events or otherwise. Please refer to the “Forward-Looking Statements” disclosures on page 8 of this document and “Risk Factors” disclosed in the Company's annual and quarterly reports filed with the SEC for more information.

Non-GAAP Financial Measures

The Company uses certain non-GAAP performance measures, in addition to the primary GAAP presentations, as we believe these measures improve the understanding of the Company's operational results. We continually evaluate the usefulness, relevance, limitations, and calculation of our reported non-GAAP performance measures to determine how best to provide relevant information to the investing public, and thus such reported measures are subject to change. The Company's non-GAAP performance measures have limitations as they do not include all items of income and expense that affect operations, and accordingly, should always be considered as supplemental financial results. Additionally, the Company's computation of non-GAAP metrics may not be comparable to similarly titled non-GAAP metrics reported by other real estate investment trusts ("REITs") or real estate companies that define these metrics differently and, as a result, it is important to understand the manner in which the Company defines and calculates each of its non-GAAP metrics. The following non-GAAP measures are commonly used by the Company and investing public to understand and evaluate our operating results and performance:

FFO: The Company believes FFO is a useful, supplemental measure of its operating performance that is a recognized metric used extensively by the real estate industry and, in particular REITs. FFO, as defined by the National Association of Real Estate Investment Trusts ("Nareit") and the Company, is net income (computed in accordance with GAAP), excluding gains (or losses) from sales of depreciable real estate and land when connected to the main business of a REIT, impairments on depreciable real estate or land related to a REIT's main business, earnings from consolidated partially owned entities and rental property depreciation and amortization expense. The Company believes that financial analysts, investors and shareholders are better served by the presentation of comparable period operating results generated from FFO primarily because it excludes the assumption that the value of real estate assets diminishes predictably. FFO does not represent cash flows from operating activities in accordance with GAAP, should not be considered an alternative to net income as an indication of our performance, and is not indicative of cash flow as a measure of liquidity or our ability to make cash distributions. FFO as Adjusted: The Company provides disclosure of FFO as Adjusted because it believes it is a useful supplemental measure of its core operating performance that facilitates comparability of historical financial periods. FFO as Adjusted is calculated by making certain adjustments to FFO to account for items the Company does not believe are representative of ongoing core operating results, including non-comparable revenues and expenses. The Company's method of calculating FFO as Adjusted may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. NOI: The Company uses NOI internally to make investment and capital allocation decisions and to compare the unlevered performance of our properties to our peers. The Company believes NOI is useful to investors as a performance measure because, when compared across periods, NOI reflects the impact on operations from trends in occupancy rates, rental rates, operating costs and acquisition and disposition activity on an unleveraged basis, providing perspective not immediately apparent from net income. The Company calculates NOI using net income as defined by GAAP reflecting only those income and expense items that are incurred at the property level and through the Company's captive insurance program, adjusted for non-cash rental income and expense, impairments on depreciable real estate or land, and income or expenses that we do not believe are representative of ongoing operating results, if any. In addition, the Company uses NOI margin, calculated as NOI divided by total property revenue, which the Company believes is useful to investors for similar reasons. Same-property NOI: The Company provides disclosure of NOI on a same-property basis, which includes the results of properties that were owned and operated for the entirety of the reporting periods being compared, which total 65 properties for the three and six months ended June 30, 2026 and 2025. Information provided on a same-property basis excludes properties under development, redevelopment or that involve anchor repositioning where a substantial portion of the gross leasable area ("GLA") is taken out of service and also excludes properties acquired, sold, held for sale, or that are in the foreclosure process during the periods being compared, and results of our captive insurance program. As such, same-property NOI assists in eliminating disparities in net income due to the development, redevelopment, acquisition, disposition, or foreclosure of properties and results of our captive insurance program during the periods presented, and thus provides a more consistent performance measure for the comparison of the operating performance of the Company's properties. While there is judgment surrounding changes in designations, a property is removed from the same-property pool when it is designated as a redevelopment property because it is undergoing significant renovation or retenanting pursuant to a formal plan that is expected to have a significant impact on its operating income. A development or redevelopment property is moved back to the same-property pool once a substantial portion of the NOI growth expected from the development or redevelopment is reflected in both the current and comparable prior year period, generally one year after at least 80% of the expected NOI from the project is realized on a cash basis. Acquisitions are moved into the same-property pool once we have owned the property for the entirety of the comparable periods and the property is not under significant development or redevelopment. The Company has also provided disclosure of NOI on a same-property basis adjusted to include redevelopment properties. Same-property NOI may include other adjustments as detailed in the Reconciliation of Net Income to NOI and Same-Property NOI included in the tables accompanying this press release. EBITDAre and Adjusted EBITDAre: EBITDAre and Adjusted EBITDAre are supplemental, non-GAAP measures utilized by us in various financial ratios. The White Paper on EBITDAre, approved by Nareit's Board of Governors in September 2017, defines EBITDAre as net income (computed in accordance with GAAP), adjusted for interest expense, income tax (benefit) expense, depreciation and amortization, losses and gains on the disposition of depreciated property, impairment write-downs of depreciated property and investments in unconsolidated joint ventures, and adjustments to reflect the entity's share of EBITDAre of unconsolidated joint ventures. EBITDAre and Adjusted EBITDAre are presented to assist investors in the evaluation of REITs, as a measure of the Company's operational performance as they exclude various items that do not relate to or are not indicative of our operating performance and because they approximate key performance measures in our debt covenants. Accordingly, the Company believes that the use of EBITDAre and Adjusted EBITDAre, as opposed to income before income taxes, in various ratios provides meaningful performance measures related to the Company's ability to meet various coverage tests for the stated periods. Adjusted EBITDAre may include other adjustments not indicative of operating results as detailed in the Reconciliation of Net Income to EBITDAre and Adjusted EBITDAre included in the tables accompanying this press release. The Company also presents the ratio of net debt (net of cash) to annualized Adjusted EBITDAre as of June 30, 2026, and net debt (net of cash) to total market capitalization, which it believes is useful to investors as a supplemental measure in evaluating the Company's balance sheet leverage. The Company believes net income is the most directly comparable GAAP financial measure to the non-GAAP performance measures outlined above. Reconciliations of these measures to net income have been provided in the tables accompanying this press release.

Operating Metrics

The Company presents certain operating metrics related to our properties, including occupancy, leasing activity and rental rates. Operating metrics used by the Company are useful to investors in facilitating an understanding of the operational performance for our properties.

Recovery ratios represent the percentage of operating expenses recuperated through tenant reimbursements. This metric is presented on a same-property and same-property including redevelopment basis and is calculated by dividing tenant expense reimbursements (adjusted to exclude any ancillary income) by the sum of real estate taxes and property operating expenses.

Occupancy metrics represent the percentage of occupied gross leasable area based on executed leases (including properties in development and redevelopment) and include leases signed, but for which rent has not yet commenced. Same-property portfolio leased occupancy includes properties that have been owned and operated for the entirety of the reporting periods being compared, which total 65 properties for the three and six months ended June 30, 2026 and 2025. Occupancy metrics presented for the Company's same-property portfolio exclude properties under development, redevelopment or that involve anchor repositioning where a substantial portion of the gross leasable area is taken out of service and also excludes properties acquired within the past 12 months, properties sold or held for sale, and properties that are in the foreclosure process during the periods being compared.

Executed new leases, renewals and exercised options are presented on a same-space basis. Same-space leases represent those leases signed on spaces for which there was a previous lease.

The Company occasionally provides disclosures by tenant categories which include anchors, shops and industrial/self-storage. Anchors and shops are further broken down by local, regional and national tenants. We define anchor tenants as those who have a leased area of >10,000 sf. Local tenants are defined as those with less than five locations. Regional tenants are those with five or more locations in a single region. National tenants are defined as those with five or more locations and that operate in two or more regions.

ADDITIONAL INFORMATION

For a copy of the Company’s supplemental disclosure package, please access the "Investors" section of our website at www.uedge.com. Our website also includes other financial information, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and any amendments to those reports.

The Company uses, and intends to continue to use, the “Investors” page of its website, which can be found at www.uedge.com, as a means of disclosing material nonpublic information and of complying with its disclosure obligations under Regulation FD, including, without limitation, through the posting of investor presentations that may include material nonpublic information. Accordingly, investors should monitor the “Investors” page, in addition to following the Company's press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

ABOUT URBAN EDGE

Urban Edge Properties is a NYSE listed real estate investment trust focused on owning, managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the Washington, D.C. to Boston corridor. Urban Edge owns 75 properties totaling 16.2 million square feet of gross leasable area.

FORWARD-LOOKING STATEMENTS

Certain statements contained herein constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are not guarantees of future performance. They represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Our future results, financial condition, business and targeted occupancy may differ materially from those expressed in these forward-looking statements. You can identify many of these statements by words such as “approximates,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “would,” “may” or other similar expressions in this press release. Many of the factors that will determine the outcome of forward-looking statements are beyond our ability to control or predict and include, among others: (i) macroeconomic conditions, including geopolitical conditions and instability, and international trade disputes, including any related tariffs, which may lead to rising inflation, adverse impacts to supply chains, and disruption of, or lack of access to, the capital markets, as well as potential volatility in the Company’s share price; (ii) the economic, political and social impact of, and uncertainty relating to, epidemics and pandemics; (iii) the loss or bankruptcy of major tenants; (iv) the ability and willingness of the Company’s tenants to renew their leases with the Company upon expiration and the Company’s ability to re-lease its properties on the same or better terms, or at all, in the event of non-renewal or in the event the Company exercises its right to replace an existing tenant; (v) the impact of e-commerce on our tenants’ business; (vi) the Company’s success in implementing its business strategy and its ability to identify, underwrite, finance, consummate and integrate diversifying acquisitions and investments; (vii) changes in general economic conditions or economic conditions in the markets in which the Company competes, and their effect on the Company’s revenues, earnings and funding sources, and on those of its tenants; (viii) increases in the Company’s borrowing costs as a result of changes in interest rates, rising inflation, and other factors; (ix) the Company’s ability to pay down, refinance, hedge, restructure or extend its indebtedness as it becomes due and potential limitations on the Company’s ability to borrow funds under its existing credit facility as a result of covenants relating to the Company’s financial results; (x) potentially higher costs associated with the Company’s development, redevelopment and anchor repositioning projects, and the Company’s ability to lease the properties at projected rates; (xi) the Company’s liability for environmental matters; (xii) damage to the Company’s properties from catastrophic weather and other natural events, and the physical effects of climate change; (xiii) the Company’s ability and willingness to maintain its qualification as a REIT in light of economic, market, legal, tax and other considerations; (xiv) information technology security breaches; (xv) the loss of key executives; and (xvi) the accuracy of methodologies and estimates regarding our environmental, social and governance (collectively, our Corporate Responsibility or “CR”) metrics, goals and targets, tenant willingness and ability to collaborate towards reporting CR metrics and meeting CR goals and targets, and the impact of governmental regulation on our CR efforts. For further discussion of factors that could materially affect the outcome of our forward-looking statements, see “Risk Factors” in Part I, Item 1A, of the Company's Annual Report on Form 10-K for the year ended December 31, 2025 and the other documents filed by the Company with the Securities and Exchange Commission (the "SEC").

We claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 for any forward-looking statements included in this press release. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. We do not undertake any obligation to release publicly any revisions to our forward-looking statements to reflect events or circumstances occurring after the date of this press release.

URBAN EDGE PROPERTIES

CONSOLIDATED BALANCE SHEETS

(In thousands, except share and per share amounts)

  June 30,

December 31,

2026

2025

ASSETS

Real estate, at cost:

Land

$

669,498

$

669,078

Buildings and improvements

2,861,588

2,835,540

Construction in progress

382,031

327,413

Furniture, fixtures and equipment

14,035

13,059

Total

3,927,152

3,845,090

Accumulated depreciation and amortization

(964,931

)

(935,548

)

Real estate, net

2,962,221

2,909,542

Operating lease right-of-use assets

55,618

58,917

Cash and cash equivalents

58,264

48,881

Restricted cash

23,884

29,984

Tenant and other receivables

26,300

26,658

Receivables arising from the straight-lining of rents

62,755

63,842

Identified intangible assets, net of accumulated amortization of $71,193 and $70,514, respectively

85,189

87,591

Deferred leasing costs, net of accumulated amortization of $22,018 and $21,982, respectively

29,430

31,220

Prepaid expenses and other assets

80,727

55,236

Total assets

$

3,384,388

$

3,311,871

LIABILITIES AND EQUITY

Liabilities:

Mortgages payable, net

$

1,632,980

$

1,606,774

Unsecured line of credit

55,000

—

Operating lease liabilities

53,172

56,329

Accounts payable, accrued expenses and other liabilities

108,764

97,397

Identified intangible liabilities, net of accumulated amortization of $58,036 and $59,668, respectively

157,096

174,899

Total liabilities

2,007,012

1,935,399

Commitments and contingencies

Shareholders’ equity:

Common shares: $0.01 par value; 500,000,000 shares authorized and 126,224,466 and 125,912,647 shares issued and outstanding, respectively

1,261

1,257

Additional paid-in capital

1,168,529

1,163,939

Accumulated other comprehensive income (loss)

2,136

(703

)

Accumulated earnings

112,159

124,566

Noncontrolling interests:

Operating partnership

73,982

69,140

Consolidated subsidiaries

19,309

18,273

Total equity

1,377,376

1,376,472

Total liabilities and equity

$

3,384,388

$

3,311,871

URBAN EDGE PROPERTIES

CONSOLIDATED STATEMENTS OF INCOME

(In thousands, except per share amounts)

  Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

REVENUE

Rental revenue

$

122,645

$

113,912

$

246,830

$

232,004

Other income

136

172

8,575

245

Total revenue

122,781

114,084

255,405

232,249

EXPENSES

Depreciation and amortization

35,036

32,602

67,348

69,797

Real estate taxes

16,875

16,582

33,477

32,940

Property operating

19,317

18,874

48,255

42,933

General and administrative

9,680

11,717

18,816

21,248

Lease expense

3,275

3,290

6,448

6,661

Total expenses

84,183

83,065

174,344

173,579

Gain on sale of real estate

—

49,462

—

49,462

Interest income

599

667

992

1,274

Interest and debt expense

(19,801

)

(19,537

)

(38,520

)

(39,292

)

(Loss) gain on extinguishment of debt

—

(175

)

(212

)

323

Income before income taxes

19,396

61,436

43,321

70,437

Income tax expense

(749

)

(643

)

(1,127

)

(1,262

)

Net income

18,647

60,793

42,194

69,175

Less net (income) loss attributable to noncontrolling interests in:

Operating partnership

(930

)

(3,058

)

(2,107

)

(3,490

)

Consolidated subsidiaries

205

243

480

491

Net income attributable to common shareholders

$

17,922

$

57,978

$

40,567

$

66,176

Earnings per common share - Basic:

$

0.14

$

0.46

$

0.32

$

0.53

Earnings per common share - Diluted:

$

0.14

$

0.46

$

0.32

$

0.53

Weighted average shares outstanding - Basic

126,069

125,688

125,975

125,601

Weighted average shares outstanding - Diluted

131,668

125,766

131,304

125,780

Reconciliation of Net Income to FFO and FFO as Adjusted

The following table reflects the reconciliation of net income to FFO and FFO as Adjusted for the three and six months ended June 30, 2026 and 2025. Net income is considered the most directly comparable GAAP measure. Refer to "Non-GAAP Financial Measures" on page 6 for a description of FFO and FFO as Adjusted.

Three Months Ended June 30,

Six Months Ended June 30,

(in thousands, except per share amounts)

2026

2025

2026

2025

Net income

$

18,647

$

60,793

$

42,194

$

69,175

Less net (income) loss attributable to noncontrolling interests in:

Consolidated subsidiaries

205

243

480

491

Operating partnership

(930

)

(3,058

)

(2,107

)

(3,490

)

Net income attributable to common shareholders

17,922

57,978

40,567

66,176

Adjustments:

Rental property depreciation and amortization

34,543

32,205

66,378

69,033

Limited partnership interests in operating partnership

930

3,058

2,107

3,490

Gain on sale of real estate

—

(49,462

)

—

(49,462

)

FFO Applicable to diluted common shareholders

53,395

43,779

109,052

89,237

FFO per diluted common share(1)

0.41

0.34

0.83

0.68

Adjustments to FFO:

Transaction, severance, litigation expenses and other, net(2)

385

3,151

(7,915

)

4,175

Non-cash adjustments(3)

(1,448

)

155

(1,448

)

92

Loss (gain) on extinguishment of debt

—

175

212

(323

)

Tenant bankruptcy settlement income

(65

)

(8

)

(65

)

(8

)

FFO as Adjusted applicable to diluted common shareholders

$

52,267

$

47,252

$

99,836

$

93,173

FFO as Adjusted per diluted common share(1)

$

0.40

$

0.36

$

0.76

$

0.71

Weighted Average diluted common shares(1)

131,668

130,623

131,304

130,476

Reconciliation of Net Income to NOI and Same-Property NOI

The following table reflects the reconciliation of net income to NOI, same-property NOI and same-property NOI including properties in redevelopment for the three and six months ended June 30, 2026 and 2025. Net income is considered the most directly comparable GAAP measure. Refer to "Non-GAAP Financial Measures" on page 6 for a description of NOI and same-property NOI.

Three Months Ended June 30,

Six Months Ended June 30,

(in thousands)

2026

2025

2026

2025

Net income

$

18,647

$

60,793

$

42,194

$

69,175

Depreciation and amortization

35,036

32,602

67,348

69,797

Interest and debt expense

19,801

19,537

38,520

39,292

General and administrative expense

9,680

11,717

18,816

21,248

Loss (gain) on extinguishment of debt

—

175

212

(323

)

Other expense (income)

435

455

(7,631

)

922

Income tax expense

749

643

1,127

1,262

Gain on sale of real estate

—

(49,462

)

—

(49,462

)

Interest income

(599

)

(667

)

(992

)

(1,274

)

Non-cash revenue and expenses

(4,776

)

(2,762

)

(7,595

)

(6,034

)

NOI

78,973

73,031

151,999

144,603

Adjustments:

Sunrise Mall net operating loss

45

340

524

635

Tenant bankruptcy settlement income and lease termination income

(2,315

)

(8

)

(2,315

)

(69

)

Non-same property NOI and other(1)

(10,699

)

(9,386

)

(20,069

)

(18,554

)

Same-property NOI

$

66,004

$

63,977

$

130,139

$

126,615

NOI related to properties being redeveloped

6,820

6,578

13,403

12,727

Same-property NOI including properties in redevelopment

$

72,824

$

70,555

$

143,542

$

139,342

Reconciliation of Net Income to EBITDAre and Adjusted EBITDAre

The following table reflects the reconciliation of net income to EBITDAre and Adjusted EBITDAre for the three and six months ended June 30, 2026 and 2025. Net income is considered the most directly comparable GAAP measure. Refer to "Non-GAAP Financial Measures" on page 6 for a description of EBITDAre and Adjusted EBITDAre.

Three Months Ended June 30,

Six Months Ended June 30,

(in thousands)

2026

2025

2026

2025

Net income

$

18,647

$

60,793

$

42,194

$

69,175

Depreciation and amortization

35,036

32,602

67,348

69,797

Interest and debt expense

19,801

19,537

38,520

39,292

Income tax expense

749

643

1,127

1,262

Gain on sale of real estate

—

(49,462

)

—

(49,462

)

EBITDAre

74,233

64,113

149,189

130,064

Adjustments for Adjusted EBITDAre:

Transaction, severance, litigation expenses and other, net(1)

385

3,151

(7,915

)

4,175

Loss (gain) on extinguishment of debt

—

175

212

(323

)

Non-cash adjustments(2)

(1,448

)

155

(1,448

)

92

Tenant bankruptcy settlement income

(65

)

(8

)

(65

)

(8

)

Adjusted EBITDAre

$

73,105

$

67,586

$

139,973

$

134,000

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties (NYSE: UE) announced today that it is rescheduling the release of its second quarter 2026 earnings and its corresponding conference call. The Company will now issue its earnings after market close on Thursday, August 6, 2026 and host an earnings conference call and audio webcast on Thursday, August 6, 2026 at 5:00 PM ET. The release and conference call were previously scheduled for Friday, August 7, 2026.

All interested parties can access the earnings call by dialing 1-833-309-3473 (Toll Free) or 1-785-838-9251 (Toll/International) using conference ID “URBAN”. The call will also be webcast and available in listen-only mode at this link: UE Second Quarter 2026 Earnings Conference Call, or on the investors page of our website: www.uedge.com.

If you are unable to participate in the live call, a replay will be available at the webcast link above, or on the investors page of our website for one year following the conclusion of the call. A telephonic replay of the call will also be available starting Thursday, August 6, 2026 at 8:00 PM ET through Thursday, August 20, 2026 at 11:59 PM ET by dialing 1-844-512-2921 (Toll Free) or 1-412-317-6671 (Toll/International) using conference ID 11162144.

ABOUT URBAN EDGE PROPERTIES

Urban Edge Properties is a NYSE listed real estate investment trust focused on owning, managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the Washington, D.C. to Boston corridor. Urban Edge owns 74 properties totaling 17.3 million square feet of gross leasable area.

Le campus de Dublin parvient à décarboner 100 % de sa consommation de gaz naturel , /PRNewswire/ -- Pure Data Centres Group (Pure DC), le développeur et l'exploitant de centres hyperscale cloud et centres de données IA, a annoncé aujourd'hui avoir atteint une décarbonation de 100 % de la consommation de gaz naturel en 2025 grâce à la première preuve de concept (PoC) de biométhane réussie en Europe.

Tout au long de l'année 2025, l'ensemble de la consommation opérationnelle de gaz naturel a été compensée par du biométhane renouvelable, en utilisant des attributs de gaz certifiés de manière indépendante et des méthodes comptables irlandaises et européennes reconnues. Pure DC a utilisé les garanties de gaz renouvelable d'origine irlandaise (Irish Renewable Gas Guarantees of Origin, RGGO) et les garanties d'origine (Guarantees of Origin, GO) européenne pour le biométhane. Ces certificats ont été obtenus et retirés sur la base de mégawattheures pour correspondant à la consommation de gaz, et ils répondent à des exigences reconnues en matière de durabilité, de traçabilité et de chaîne de contrôle. Ils sont également alignés sur les pratiques de gaz renouvelable du marché européen, sur le système d'échange de quotas d'émission de l'Union européenne (SEQE-UE), sur les critères techniques de la norme RE100, ainsi que sur les cadres plus larges de décarbonation et de production de rapports sur le climat des entreprises.

La PoC s'est révélée conforme à la politique irlandaise en matière de centres de données et de décarbonation, qui donne la priorité à la réduction des émissions, à la transparence et à la transition progressive vers l'abandon de l'utilisation continue des combustibles fossiles, tout en reconnaissant le rôle des gaz renouvelables en tant que solution transitoire lorsque le déploiement à l'échelle du réseau est restreint à court terme.

Le programme d'action s'aligne également sur la stratégie nationale irlandaise sur le biométhane, qui définit une feuille de route politique pour augmenter la production de biométhane durable et stimuler la demande de gaz renouvelable dans l'ensemble de l'économie. En s'approvisionnant en attributs de biométhane certifiés liés aux injections dans le réseau de gaz, Pure DC participe aux signaux de la demande du marché qui soutiennent le développement du secteur du gaz renouvelable en Irlande. On espère que cela stimulera la croissance du marché irlandais du gaz renouvelable tout en réduisant les émissions liées à l'exploitation.

Pure DC reconnaît que le gaz renouvelable est une mesure transitoire plutôt qu'un but final. Conformément à la politique irlandaise, l'entreprise évalue activement les accords d'achat de biométhane (Biomethane Purchase Agreements, BPA) irlandais ainsi que les importations de biométhane en cours dans l'UE afin d'améliorer la fiabilité de l'approvisionnement et de favoriser le développement du marché local du gaz renouvelable.

Parallèlement, Pure DC met en œuvre des stratégies à plus long terme conformes à la politique irlandaise sur les grands consommateurs d'énergie et au Plan d'action pour le climat. Ces stratégies comprennent l'intégration de projets de développement durable à l'échelle locale, la mise en œuvre d'une gestion de la demande, le déploiement du stockage de l'énergie, ainsi que l'adoption d'une conception intégrée du réseau et de mesures d'efficacité énergétique afin de continuer à réduire l'intensité des émissions.

DUB01 est opérationnel depuis 2024 et prend en charge des charges de travail à haute densité grâce à une infrastructure de refroidissement et d'alimentation de pointe. Situé dans la région de Ballycoolin, riche en fibres, le site est conçu pour fournir 54 MW à trois centres de données : DUB01 (14 MW), DUB02 (24 MW), DUB03 (16 MW). En 2023, nous avons acquis 25 acres supplémentaires à l'ouest du site, permettant une expansion future de 90 MW, sous réserve de l'obtention des autorisations et de la puissance atteignable.

Le campus intègre des pratiques durables, en utilisant notamment du biochar pour l'aménagement paysager afin de réduire la consommation d'eau, ainsi que de l'huile végétale hydrotraitée (Hydrotreated Vegetable Oil, HVO) pour produire de l'électricité primaire de secours à court terme. Le site comprend une infrastructure énergétique conçue pour une résilience opérationnelle de 5 neufs, soutenue par un système thermique d'alimentation en gaz 200 MW. Lorsque cela sera possible, le développement offrira la possibilité d'exporter de la chaleur vers les réseaux de chauffage urbain, ce qui pourrait offrir des avantages aux communautés et aux entreprises locales. Il permettra également de disposer d'une capacité de production distribuable afin de répondre aux obligations de résilience et de soutien au réseau, conformément à la politique irlandaise relative aux grands utilisateurs d'énergie.

Notes aux rédacteurs :

À propos de Pure Data Centres Group : Pure DC construit et exploite des centres de données en Europe, au Moyen-Orient et en Asie pour certains des plus grands hyperscalers du monde. Nous sommes spécialisés dans la résolution de problèmes complexes liés notamment à la disponibilité des terrains, aux contraintes énergétiques et aux obstacles réglementaires. Notre mission est de susciter des changements positifs et durables, de réduire l'impact environnemental des infrastructures numériques et d'établir des relations de confiance à long terme avec nos clients, nos partenaires et les communautés.

Pour en savoir plus sur Pure DC, rendez-vous sur www.puredc.com
. Pour les demandes de renseignements des médias, veuillez contacter : [email protected]

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.

Urban Edge Properties (UE - Free Report) is headquartered in New York, and is in the Finance sector. The stock has seen a price change of 8.6% since the start of the year. Currently paying a dividend of $0.40 per share, the company has a dividend yield of 4.03%. In comparison, the REIT and Equity Trust - Retail industry's yield is 4.03%, while the S&P 500's yield is 1.47%.

Looking at dividend growth, the company's current annualized dividend of $0.84 is up 10.5% from last year. Over the last 5 years, Urban Edge Properties has increased its dividend 4 times on a year-over-year basis for an average annual increase of 11.53%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Urban Edge Properties's current payout ratio is 53%, meaning it paid out 53% of its trailing 12-month EPS as dividend.

UE is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $1.49 per share, representing a year-over-year earnings growth rate of 4.20%.

Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. But, not every company offers a quarterly payout.

Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, UE is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).

Posted by Defense World Staff on Mar 30th, 2026

Urban Edge Properties (NYSE:UE – Get Free Report) has received a consensus rating of “Hold” from the six analysts that are presently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $22.00.

A number of brokerages recently issued reports on UE. Morgan Stanley increased their price objective on Urban Edge Properties from $21.00 to $22.00 and gave the stock an “equal weight” rating in a report on Monday, January 5th. UBS Group cut their target price on Urban Edge Properties from $21.00 to $20.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Finally, Weiss Ratings upgraded Urban Edge Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th.

Get Our Latest Analysis on UE

Hedge Funds Weigh In On Urban Edge Properties Several large investors have recently bought and sold shares of the stock. Amundi lifted its stake in shares of Urban Edge Properties by 0.6% in the 4th quarter. Amundi now owns 86,306 shares of the real estate investment trust’s stock worth $1,656,000 after acquiring an additional 535 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Urban Edge Properties by 7.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,564 shares of the real estate investment trust’s stock valued at $155,000 after purchasing an additional 539 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of Urban Edge Properties by 45.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,903 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 593 shares in the last quarter. Amalgamated Bank boosted its stake in Urban Edge Properties by 1.8% during the third quarter. Amalgamated Bank now owns 36,499 shares of the real estate investment trust’s stock valued at $747,000 after buying an additional 648 shares in the last quarter. Finally, ProShare Advisors LLC grew its holdings in Urban Edge Properties by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 24,728 shares of the real estate investment trust’s stock worth $475,000 after acquiring an additional 776 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Urban Edge Properties Stock Up 0.0% Urban Edge Properties stock opened at $20.01 on Friday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.74 and a current ratio of 1.74. Urban Edge Properties has a one year low of $15.66 and a one year high of $21.87. The company has a 50-day simple moving average of $20.37 and a 200-day simple moving average of $19.81. The firm has a market capitalization of $2.52 billion, a P/E ratio of 26.67 and a beta of 1.02.

Urban Edge Properties (NYSE:UE – Get Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.26). Urban Edge Properties had a net margin of 19.82% and a return on equity of 6.79%. The firm had revenue of $119.56 million during the quarter, compared to the consensus estimate of $103.64 million. Urban Edge Properties has set its FY 2026 guidance at 1.470-1.520 EPS. As a group, equities analysts expect that Urban Edge Properties will post 1.4 earnings per share for the current year.

Urban Edge Properties Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Friday, March 13th. This is an increase from Urban Edge Properties’s previous quarterly dividend of $0.19. This represents a $0.84 annualized dividend and a yield of 4.2%. Urban Edge Properties’s dividend payout ratio is currently 112.00%.

About Urban Edge Properties (Get Free Report)

Urban Edge Properties is a publicly traded real estate investment trust (REIT) that specializes in owning, operating and developing grocery-anchored shopping centers. The company was formed in January 2017 as a spin-off from Regency Centers Corporation, establishing an independent platform focused on urban and densely populated markets. As a fully integrated REIT, Urban Edge oversees the acquisition, financing, leasing, redevelopment and management of its retail properties.

The company’s portfolio comprises predominantly open-air shopping centers anchored by national and regional supermarket operators.

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Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.

Urban Edge Properties (UE - Free Report) is headquartered in New York, and is in the Finance sector. The stock has seen a price change of 13.13% since the start of the year. The real estate investment trust that owns and manages shopping centers is paying out a dividend of $0.21 per share at the moment, with a dividend yield of 3.87% compared to the REIT and Equity Trust - Retail industry's yield of 3.89% and the S&P 500's yield of 1.39%.

Looking at dividend growth, the company's current annualized dividend of $0.84 is up 10.5% from last year. Over the last 5 years, Urban Edge Properties has increased its dividend 4 times on a year-over-year basis for an average annual increase of 11.53%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Urban Edge Properties's current payout ratio is 53%, meaning it paid out 53% of its trailing 12-month EPS as dividend.

Looking at this fiscal year, UE expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $1.49 per share, which represents a year-over-year growth rate of 4.20%.

From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. However, not all companies offer a quarterly payout.

For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, UE is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).

Urban Edge Properties (UE) Q1 2026 Earnings Call Transcript

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.

Based in New York, Urban Edge Properties (UE - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 16.1%. The real estate investment trust that owns and manages shopping centers is paying out a dividend of $0.21 per share at the moment, with a dividend yield of 3.77% compared to the REIT and Equity Trust - Retail industry's yield of 3.82% and the S&P 500's yield of 1.42%.

Looking at dividend growth, the company's current annualized dividend of $0.84 is up 10.5% from last year. Over the last 5 years, Urban Edge Properties has increased its dividend 4 times on a year-over-year basis for an average annual increase of 11.53%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Urban Edge Properties's current payout ratio is 58%, meaning it paid out 58% of its trailing 12-month EPS as dividend.

UE is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $1.50 per share, which represents a year-over-year growth rate of 4.90%.

Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. It's important to keep in mind that not all companies provide a quarterly payout.

Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, UE is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.

Based in New York, Urban Edge Properties (UE - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 23.81%. The real estate investment trust that owns and manages shopping centers is paying out a dividend of $0.21 per share at the moment, with a dividend yield of 3.54% compared to the REIT and Equity Trust - Retail industry's yield of 3.8% and the S&P 500's yield of 1.46%.

Looking at dividend growth, the company's current annualized dividend of $0.84 is up 10.5% from last year. Over the last 5 years, Urban Edge Properties has increased its dividend 4 times on a year-over-year basis for an average annual increase of 11.53%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Urban Edge Properties's current payout ratio is 58%, meaning it paid out 58% of its trailing 12-month EPS as dividend.

UE is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $1.50 per share, with earnings expected to increase 4.90% from the year ago period.

Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout.

High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, UE is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).