UDR, Inc. Announces Second Quarter 2026 Results and Raises Full-Year 2026 Guidance Ranges
UDR reported Q2 FFOA of $0.64 per share, flat year-over-year, and raised full-year 2026 guidance ranges for Net Income, FFOA, and Same-Store growth, citing leasing strength ahead of initial expectations. Same-Store revenue grew 1.8% and NOI 1.4%, driven by blended lease rate growth above guidance and occupancy remaining in the mid-96% range, while the company maintained a strong balance sheet with net debt-to-EBITDAre of 5.6x.
Key figures
- Eps
- 0.21
- Revenue
- 425399000
- Guidance
- FY 2026 Net Income $1.03-$1.11 (raised), FFOA $2.49-$2.57 (raised), SS Revenue 0.75%-2.00% (raised), SS NOI 0.00%-1.25% (raised)
- Revenue Yoy
- 0
- Ffo
- 0.6
- Ffoa
- 0.64
- Buyback cost
- 200300000
- Quarterly dividend
- 0.435
- Shares repurchased
- 5500000
- Annualized dividend
- 1.74
- Net debt to ebitdare
- 5.6
- Same store noi growth
- 1.4%
- Same store revenue growth
- 1.8%
- Weighted avg buyback price
- 36.49
AI analysis
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