UDR(UDR)

Search documents
UDR Readies to Report Q3 Earnings: What's in the Offing for the Stock?
ZACKS· 2024-10-25 16:15
UDR Inc. (UDR) , a premier multifamily real estate investment trust (REIT), is set to announce its third-quarter 2024 results after the closing bell on Oct. 30. While its quarterly results are likely to reflect growth in revenues, funds from operations (FFO) per share might decline. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. In the last reported quarter, this Denver, CO-based residential REIT came up with an FFO as adjusted per share of 62 cents, which surpassed the Zacks Cons ...
UDR: At Fair Value After A Rate-Driven Rally
Seeking Alpha· 2024-10-04 16:31
Shares of UDR (NYSE: UDR ) have been a solid performer over the past year as long-term interest rates have begun to decline and tentative signs of a bottom in apartment rents have combined to lift sentiment. I last covered Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know! Analyst's Dis ...
UDR Stock Rallies 26.4% in Six Months: Will the Trend Continue?
ZACKS· 2024-09-25 15:55
Shares of UDR Inc. (UDR) have rallied 26.4% in the past six months, outperforming its industry's growth of 21.8%. This residential REIT is well-poised to benefit from its diversified portfolio with a superior product mix of A/B quality properties in the coastal and Sunbelt markets. Healthy demand for rental units in its markets amid favorable demographic trends is likely to benefit the company in the upcoming quarters. Efforts to leverage technological moves to drive margin expansion also augur well. Its fo ...
UDR Rallies 18.2% in 6 months: Will the Trend Continue?
ZACKS· 2024-08-22 15:01
Shares of UDR Inc. (UDR) have risen 18.2% in the past six months compared with the industry's upside of 15.9%. Last month, UDR reported its second-quarter 2024 funds from operations as adjusted (FFOA) per share of 62 cents, which surpassed the Zacks Consensus Estimate of 61 cents. The quarterly results reflected an increase in revenues from same-store communities. UDR also raised its fullyear 2024 guidance. Analysts also seem bullish on this Zacks Rank #3 (Hold) company, with the Zacks Consensus Estimate fo ...
UDR(UDR) - 2024 Q2 - Earnings Call Transcript
2024-07-31 20:20
UDR, Inc. (NYSE:UDR) Q2 2024 Results Conference Call July 31, 2024 12:00 PM ET Company Participants Trent Trujillo - VP, IR Tom Toomey - Chairman and CEO Joe Fisher - President and CFO Mike Lacy - SVP, Operations Andrew Kantor - Senior Officer Chris Vans Ens - Senior Officer Conference Call Participants Eric Wolfe - Citigroup Austin Wurschmidt - KeyBanc Capital Markets Josh Dennerlein - Bank of America Jamie Feldman - Wells Fargo Daniel Tricarico - Scotiabank John Kim - BMO Capital Markets Rich Anderson - W ...
UDR(UDR) - 2024 Q2 - Quarterly Report
2024-07-31 19:11
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-10524 UDR, Inc. (Exact name of registrant as specified in its charter) Maryland 54-0857512 (State or other jurisdiction of ( ...
UDR Beats Q2 FFOA & Revenue Estimates, Ups 2024 Guidance
ZACKS· 2024-07-31 16:40
UDR Inc. (UDR) reported second-quarter 2024 funds from operations as adjusted (FFOA) per share of 62 cents, which surpassed the Zacks Consensus Estimate of 61 cents. On a year-over-year basis, FFOA per share climbed 1.6%. Quarterly rental income was $413.3 million, which outpaced the Zacks Consensus Estimate of $412.9 million and came ahead of the year-ago quarter's $403.1 million. Total revenues came in at $415.3 million. Rental income and total revenues rose 2.5% and 2.7%, respectively. Results reflect an ...
Compared to Estimates, UDR (UDR) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-07-30 23:30
UDR (UDR) reported $413.33 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 2.5%. EPS of $0.62 for the same period compares to $1.05 a year ago. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Here is how UDR performed in the just reported quarter in terms of the metrics most ...
UDR (UDR) Q2 FFO and Revenues Beat Estimates
ZACKS· 2024-07-30 22:31
This quarterly report represents an FFO surprise of 1.64%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.61 per share when it actually produced FFO of $0.61, delivering no surprise. UDR, which belongs to the Zacks REIT and Equity Trust - Residential industry, posted revenues of $413.33 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.11%. This compares to year-ago revenues of $403.1 million. The company has topped consensus re ...
UDR(UDR) - 2024 Q2 - Quarterly Results
2024-07-30 20:18
EARNINGS RELEASE & SUPPLEMENTAL FINANCIAL INFORMATION Q2 | 2024 101 N. MERIDIAN | TAMPA, FL Joe Fisher, President & CFO - 720.283.6139 Trent Trujillo, Investor Relations - 720.283.6135 UDR, INC. | UDR.COM UDR Second Quarter 2024 Earnings Supplement Email: ttrujillo@udr.com UDR ANNOUNCES SECOND QUARTER RESULTS AND RAISES FULL-YEAR 2024 GUIDANCE RANGES UDR, Inc. (the "Company") (NYSE: UDR), announced today its second quarter 2024 results. Net Income, Funds from Operations ("FFO"), FFO as Adjusted ("FFOA"), an ...