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Urban Edge Reports Strong Q4 2024 Financial Results

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Urban Edge Reports Strong Q4 2024 Financial Results

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Urban Edge Properties ( (UE) ) has provided an announcement.

On February 12, 2025, Urban Edge Properties reported strong financial results for the fourth quarter and full year 2024, noting an 8% increase in FFO as Adjusted per share. Key drivers included new rent commencements and successful leasing activities. The company also raised its quarterly cash dividend by 12%, reflecting increased earnings and taxable income. Notable transactions in 2024 included the acquisition of The Village at Waugh Chapel and the sale of a Home Depot property, both as part of strategic capital recycling efforts. Looking forward, Urban Edge Properties is optimistic about further growth in earnings and cash flow.

More about Urban Edge Properties

Urban Edge Properties is a real estate investment trust primarily focused on managing and developing retail real estate properties, particularly in urban communities. The company operates in a highly competitive market, emphasizing strategic acquisitions and property enhancements to drive growth and returns.

YTD Price Performance: -2.26%

Average Trading Volume: 862,018

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.69B

For detailed information about UE stock, go to TipRanks’ Stock Analysis page.

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