Urban Edge reports record lease spreads of 32%, FFO as Adjusted up 6% in 2025; raises dividend 11%

Urban Edge Properties

2025-FY EPS reported $0.74 revenue$471,935,000

Net income FY2025 $93.5M ($0.74 diluted EPS) vs $72.6M ($0.60) in 2024.
FFO as Adjusted per diluted share $1.43 for FY2025, up 6% from $1.35 in 2024.
Same-property NOI growth 4.3% for full year; shop occupancy 92.6%, up 170 bps YoY.
Board raised quarterly dividend to $0.21 ($0.84 annual), an 11% increase.
FY2026 guidance: FFO as Adjusted $1.47–$1.52 per share, 4.5% midpoint growth from 2025.

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