UDR, Inc. ( UDR ) Q3 2025 Earnings Call October 30, 2025 12:00 PM EDT Company Participants Trent Trujillo - Vice President of Investor Relations Tom Toomey - Chairman, President & CEO Michael Lacy - Senior VP & COO David Bragg - Senior VP & CFO Christopher Van ens Andrew Cantor Conference Call Participants Nicholas Joseph - Citigroup Inc., Research Division Sanketkumar Agrawal - Evercore ISI Institutional Equities, Research Division James Feldman - Wells Fargo Securities, LLC, Research Division Richard Hightower - Barclays Bank PLC, Research Division Jana Galan - BofA Securities, Research Division Austin Wurschmidt - KeyBanc Capital Markets Inc., Research Division Ami Probandt - UBS Investment Bank, Research Division Adam Kramer - Morgan Stanley, Research Division John Pawlowski - Green Street Advisors, LLC, Research Division Alexander Goldfarb - Piper Sandler & Co., Research Division Julien Blouin - Goldman Sachs Group, Inc., Research Division John Kim - BMO Capital Markets Equity Research Alex Kim - Zelman & Associates LLC Presentation Operator Ladies and gentlemen, greetings, and welcome to the UDR Inc. Third Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
UDR posts higher Q3 FFOA and raises full-year guidance, fueled by rent growth and resilient same-store NOI performance.
UDR's diversified portfolio and tech upgrades are set to lift Q3 performance, though rising rental supply may have tempered gains.
| - Industry | - Sector | Thomas W. Toomey CPA CEO | XMEX Exchange | US9026531049 ISIN |
| US Country | 1,419 Employees | 9 Oct 2025 Last Dividend | 6 May 1993 Last Split | 7 Mar 1990 IPO Date |
UDR, Inc., listed on the New York Stock Exchange under the symbol UDR, is a prominent player in the multifamily real estate sector, acclaimed as an S&P 500 company. With over half a century of operational history, UDR has consistently demonstrated its ability to deliver superior and reliable returns to its shareholders. The company’s business model revolves around the effective management, acquisition, sale, development, and redevelopment of appealing real estate communities in strategically chosen U.S. markets. As of the end of 2023, UDR had ownership interests in a portfolio comprising 60,336 apartment homes, which includes 359 homes that are currently under development. This extensive experience of over 51 years in the real estate market enables UDR to offer unparalleled value to its shareholders, excellence in service to its residents, and an exceptional work environment for its associates.
UDR excels in the operational management of multifamily housing units, ensuring the properties are well-maintained, secure, and offer a high standard of living for residents. This includes routine maintenance, upgrades, and ensuring communities are vibrant and engaging.
The company is actively involved in acquiring and selling real estate properties. Their acquisitions focus on multifamily communities with high potential for value addition in targeted U.S. markets. Similarly, sales are strategically managed to optimize the portfolio for growth and returns.
UDR is not only active in the management and trading of real estate properties but also engages in the development and redevelopment of multifamily communities. This involves identifying potential sites for new developments as well as opportunities to enhance the value of existing properties through comprehensive redevelopment projects.