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Urban Edge Properties - UE STOCK NEWS

Welcome to our dedicated news page for Urban Edge Properties (Ticker: UE), a resource for investors and traders seeking the latest updates and insights on Urban Edge Properties.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Urban Edge Properties's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Urban Edge Properties's position in the market.

News
Urban Edge Properties Invites You to Join Its First Quarter 2024 Earnings Conference Call
Rhea-AI Summary
Urban Edge Properties (UE) will release its first quarter 2024 earnings on May 7, 2024, followed by an earnings conference call and webcast. Interested parties can access the call via phone or web, with a replay available for one year. Details for participation are provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
earnings
-
News
Urban Edge Properties Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Urban Edge Properties (UE) reports strong financial results for Q4 2023 and FY 2023, with increased net income, FFO, and FFO as Adjusted. The company achieved growth in same-property NOI metrics driven by rent commencements on new leases and higher net recovery income. Urban Edge executed successful leasing, development, and redevelopment activities during the quarter, including the acquisition of high-quality shopping centers in Boston. The company provided a positive 2024 outlook with anticipated net income, FFO, and FFO as Adjusted per diluted share. Additionally, the Board raised the quarterly cash dividend by 6%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.91%
Tags
earnings
-
News
Urban Edge Properties Announces Tax Treatment of 2023 Dividend Distributions
Rhea-AI Summary
Urban Edge Properties (NYSE: UE) has announced the tax treatment of the 2023 dividend distributions on shares of its common stock. The federal income tax characteristics of the 2023 distributions paid with respect to Urban Edge Properties common stock are as follows: Distribution Type – Per share Record Date Payment Date Distribution Amount per share Ordinary Taxable Income of $0.14, Long Term Capital Gains of $0.14, and Return of Capital of $0.02. The 2023 Taxable Ordinary Dividends are treated as 'qualified REIT dividends' for purposes of Internal Revenue Code section 199A. Shareholders are advised to consult their tax advisor.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
dividends
News
Urban Edge Properties Announces Fourth Quarter New Leasing Activity and Asset Sales
Rhea-AI Summary
Urban Edge Properties (NYSE: UE) achieved a same-property portfolio leased occupancy of 96% as of December 31, 2023, the highest level since 2018. The company executed 22 new leases comprising 234,000 square feet, generating an average rent spread of 38% on a cash basis. Additionally, Urban Edge closed on $101 million of asset sales in December, representing a blended 5.8% cap rate on forward NOI. The company also completed significant capital recycling and refinancing activity in 2023, aiming to achieve a targeted FFO as adjusted of $1.35 per share in 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
Tags
none
-
News
Urban Edge Properties Invites You to Join Its Fourth Quarter 2023 Earnings Conference Call
Rhea-AI Summary
Urban Edge Properties (UE) will release its Q4 and year-end 2023 earnings on February 14, 2024. An earnings conference call and webcast will be held the same day at 8:30am ET. Interested parties can access the call and webcast via the provided links and dial-in numbers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.39%
Tags
earnings
-
News
Urban Edge Properties Declares a Quarterly Common Dividend of $0.16 per Share
Rhea-AI Summary
Urban Edge Properties (NYSE: UE) has declared a regular quarterly dividend of $0.16 per common share. The dividend will be payable on December 29, 2023 to common shareholders of record on December 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
dividends
News
Urban Edge Properties Reports Third Quarter 2023 Results
Rhea-AI Summary
Urban Edge Properties (NYSE: UE) reported strong financial results for Q3 2023, with a 7% increase in earnings compared to the previous year. The company also announced the acquisition of two shopping centers in Boston for $309 million and the sale of its East Hanover Warehouse portfolio for $218 million. These capital recycling transactions are expected to increase 2024 FFO as Adjusted by $5 million annually. As a result, the company raised its 2023 guidance for FFO as Adjusted by $0.06 per share at the midpoint.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.6%
Tags
earnings
-
News
Urban Edge Properties Invites You to Join Its Third Quarter 2023 Earnings Conference Call
Rhea-AI Summary
Urban Edge Properties (NYSE: UE) will release its Q3 2023 earnings on October 31, 2023. Earnings conference call and webcast will be held at 8:30am ET. Replay available for one year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
earnings
-
News
Urban Edge Properties Announces Successful Debt Refinancing at Las Catalinas Mall
Rhea-AI Summary
Urban Edge Properties refinances mortgage loan at Las Catalinas Mall in Puerto Rico, eliminating $44.5M of debt and recording a gain of approximately $43M in Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
Tags
none
News
Urban Edge Properties Declares a Quarterly Common Dividend of $0.16 per Share
Rhea-AI Summary
Urban Edge Properties (NYSE: UE) has declared a regular quarterly dividend of $0.16 per common share. The dividend will be payable on September 29, 2023 to common shareholders of record on September 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.48%
Tags
dividends
Stock UE logo
Urban Edge Properties

NYSE:UE

UE Rankings

#1876 Ranked by Market Cap
#1845 Ranked by Stock Gains
#819 Ranked by Dividends

UE Stock Data

2.03B
117.48M
0.12%
97.23%
3.46%
Lessors of Other Real Estate Property
Real Estate and Rental and Leasing
Link
United States
New York

About UE

urban edge properties is a real estate investment trust (reit) that acquires, develops, owns, manages and improves shopping centers in and on the edge of urban communities. its owned portfolio comprises 14.9 million square feet in 84 properties and it manages over 5 million square feet for others. urban edge's core assets are concentrated in the washington, dc to boston corridor and it has a presence in puerto rico and california.