Fewer new apartments are hitting the market just as tenants stop moving out, but not every landlord enters 2027 with the same cushion between its rental cash flow and its dividend obligation.
UDR's revenue has held nearly flat at roughly $421M to $433M per quarter, suggesting growth is driven more by pricing than volume, while FFO per share has been volatile between $0.50 and $1.18 rather than compounding.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue has been essentially flat near $425M per quarter while NOI margins swung between roughly 24% and 68%, suggesting expense classification inconsistencies that obscure underlying operating trends.
UDR has demonstrated strong performance, with Q4 2025 earnings significantly exceeding expectations and revenue showing consistent growth. In 2025, revenue increased by 2.87% year-over-year, and earnings saw a substantial rise of 339.96%.
UDR has a long track record of paying consecutive quarterly dividends, even increasing its annual payout. This consistent dividend, coupled with a 4.6% dividend yield, makes it attractive for income investors.
UDR operates in markets that lean favorably toward renting, especially as home sales have slowed due to unaffordable prices. Key markets like the Bay Area and Seattle are expected to see limited new supply growth, promoting stable rental rates.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 2, 2026 | $0.67+340.8% vs $0.15 | $428M+0.8% vs $425M |
Q3 2026 Jul 27, 2026 | $0.21+61.0% vs $0.13 | $423M-0.1% vs $423M |
Q2 2026 Apr 29, 2026 | $0.57+377.4% vs $0.12 | $423M-0.9% vs $427M |
Q1 2026 Feb 9, 2026 | $0.64+324.7% vs $0.15 | $429M-0.3% vs $430M |
Fewer new apartments are hitting the market just as tenants stop moving out, but not every landlord enters 2027 with the same cushion between its rental cash flow and its dividend obligation.
UDR's preliminary Q3 results show 1.8% same-store revenue growth, 1.6% NOI growth and 96.5% occupancy as management raises its 2026 outlook.
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that it has raised its full-year 2026 guidance ranges for Net Income and Funds From Operations as Adjusted (“FFOA”) per diluted share, and provided preliminary results for the quarter ended September 30, 2026. This update is provided in conjunction with the Company's separate announcement of the expected formation of a $2.0 billion strategic partnership with Apollo.
DENVER & NEW YORK--(BUSINESS WIRE)--UDR, Inc. (NYSE: UDR), a multifamily real estate investment trust, and Apollo (NYSE: APO) today announced their intention to form a new, long-term joint venture involving a diversified portfolio of apartment communities. The joint venture will own a portfolio of 19 high-quality communities totaling 7,059 apartment homes and valued at approximately $2.0 billion.Under the terms of the transaction, UDR will continue to operate and manage the portfolio for which i.
Benchmark UDR against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for UDR, Inc. (UDR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $36.58 | $11.89B | 16.98 | 2.42% | 40.75% | 19.52% | 4.69% | |
| $65.51 | $50.69B | -257.71 | 4.06% | -4.19% | -0.85% | 4.11% | |
| $272.18 | $17.49B | 50.00 | 7.11% | 17.99% | 6.28% | 3.73% | |
| $118.93 | $13.84B | 35.57 | 0.83% | 17.43% | 6.86% | 5.09% | |
| $99.44 | $10B | 9.24 | 1.92% | 71.53% | 26.22% | 4.27% | |
| $15.00 | $3.54B | 57.36 | 2.76% | 9.19% | 1.75% | 4.38% |
UDR, Inc. (UDR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
UDR, Inc. (UDR) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 2, 2026·SEC
Oct 21, 2026·SEC
Jul 27, 2026·SEC
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UDR, Inc. (UDR) stock FAQ — growth, dividends, profitability & financials explained
UDR, Inc. (UDR) reported $1.71B in revenue in fiscal year 2025, which is also its trailing twelve months. That is 605% more than the $243.0M of fiscal year 1996.
UDR, Inc. (UDR) grew revenue by 0.6% over the trailing twelve months, compared with the twelve months before.
Yes. UDR, Inc. (UDR) earned $697.9M in net income over the trailing twelve months (a 40.8% net margin).
Yes. UDR, Inc. (UDR) pays a dividend that yields 4.69% at the current price, a high yield.
UDR, Inc. (UDR) had a return on equity (ROE) of 19.5% over the trailing twelve months. That is above the market's typical 10-15%.
UDR, Inc. (UDR) generated Funds From Operations (FFO) of $1.36B in the trailing twelve months. FFO is the primary profitability metric for REITs.
UDR, Inc. (UDR) offers a 4.69% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.