UDR Rallies 18.2% in 6 months: Will the Trend Continue?
UDR's diverse portfolio with a superior product mix of A/B quality properties in its markets, a healthy balance sheet and technological moves are upsides.
UDR Beats Q2 FFOA & Revenue Estimates, Ups 2024 Guidance
UDR's Q2 FFOA tops estimates. Results reflect an increase in same-store revenues.
Compared to Estimates, UDR (UDR) Q2 Earnings: A Look at Key Metrics
The headline numbers for UDR (UDR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
UDR (UDR) Q2 FFO and Revenues Beat Estimates
UDR (UDR) came out with quarterly funds from operations (FFO) of $0.62 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to FFO of $0.61 per share a year ago.
UDR Readies to Report Q2 Earnings: What's in the Offing?
UDR's Q2 earnings are likely to have gained from portfolio diversification and technological initiatives, though high supply and elevated interest rates are likely to have acted as dampeners.
UDR: Less Risky, But Fairly Valued
UDR is a REIT that owns and manages multi-family apartment communities, primarily in the West Coast and Northeast markets. The portfolio is well-diversified, leverage is low, and liquidity is high, but the shares are fairly valued. The short-term outlook for the REIT is good, but there may be better vehicles to take advantage of it.
Here's Why You Should Retain UDR Stock in Your Portfolio Now
UDR's geographically diverse portfolio, technological moves and healthy balance sheet position bode well for growth. However, elevated deliveries and high interest rates are headwinds.
UDR, Inc.: Better Results But Less Benefit From Peaking Apartment Supply
UDR's shares have underperformed due to high interest rates and cooling in the apartment rental market. Signs of the rental market finding a bottom make me incrementally more positive about UDR, though its relative value is not particularly compelling. UDR's focus on legacy markets and mid-tier quality properties means it may not be the primary beneficiary of peaking supply.
