Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
+0.99%
$36.38
100% positive prob.
5-Day Prediction
+1.81%
$36.68
100% positive prob.
20-Day Prediction
+1.90%
$36.71
95% positive prob.
| Quarter | Signal | 1D Return | 5D Return | 20D Return | Confidence | Actual 5D |
|---|---|---|---|---|---|---|
| Q3 2026 | BUY | +0.99% | +1.81% | +1.90% | 100.0% | Pending |
| Q3 2026 | BUY | +0.99% | +1.81% | +1.90% | 100.0% | Pending |
| Q2 2026 | SELL | -1.92% | -2.42% | -0.01% | 100.0% | Pending |
| Q1 2026 | BUY | +1.05% | +1.73% | +1.55% | 100.0% | +2.43% |
| Q4 2025 | BUY | +0.58% | +1.89% | +2.13% | 100.0% | +0.66% |
SEC 8-K filings with transcript text
Nov 2, 2026 · 100% conf.
1D
+0.99%
$35.40
Act: +3.13%
5D
+1.81%
$35.69
20D
+1.90%
$35.72
2 udr-ex99d1.htm
Exhibit 99.1
Press Release
DENVER, CO – November 2, 2026
Contact: Trent Trujillo
Email: ttrujillo@udr.com
UDR, Inc. (the “Company”) (NYSE: UDR), announced today its full third quarter 2026 results, which follows its release of preliminary third quarter 2026 results on October 21, 2026. Net Income, Funds from Operations (“FFO”), and FFO as Adjusted (“FFOA”) per diluted share for the quarter and year-to-date periods ended September 30, 2026, are detailed below.
Quarter Ended September 30
Year-to-Date Ended September 30
Metric
2026
2025
2026
2025
Net Income per diluted share
$0.67
$0.12
$1.45
$0.46
FFO per diluted share
$0.62
$0.62
$1.85
$1.81
FFOA per diluted share
$0.65
$0.65
$1.90
$1.90
Same-Store (“SS”) results for the third quarter 2026 versus the third quarter 2025 and the second quarter 2026 as well as year-to-date 2026 versus year-to-date 2025 are summarized below.(1)
SS Growth / (Decline)
Year-Over-Year (“YOY”): 3Q 2026 vs. 3Q 2025
Sequential:
3Q 2026 vs. 2Q 2026
Year-to-Date (YTD) YOY:
2026 vs. 2025
Revenue
1.8%
0.8%
1.6%
Expense
2.2%
2.9%
3.2%
Net Operating Income (“NOI”)
1.6%
(0.1)%
0.8%
(1)
SS growth metrics have been adjusted to exclude the 19 communities that comprise the Company’s joint venture with Apollo which is described later in this release. Including these 19 communities, SS Revenue, Expense, and NOI would be 1.5%, 2.7%, and 1.0% for YOY 3Q 2026, 0.7%, 3.1%, and (0.4)% for sequential 3Q 2026, and 1.4%, 3.2%, and 0.5% for YTD 2026.
Outlook(1)
As shown in the table below, the Company has established the following guidance ranges for the fourth quarter of 2026, raised its previously provided full-year 2026 guidance ranges for Net Income, FFOA per diluted share, and Same-Store Growth, and updated its previously provided full-year 2026 guidance range for FFO per diluted share.
Metric, per diluted share
Actual
Actual
Outlook
Prior
Full-Year 2026 Outlook
Updated
Full-Year 2026 Outlook
Full-Year 2026 Midpoint (Change)
Net Income
$0.67
$1.45
$0.13 to $0.15
$1.03 to $1.11
$1.58 to $1.60
$1.59 (+$0.52)
FFO
$0.62
$1.85
$0.63 to $0.65
$2.47 to $2.55
$2.48 to $2.50
$2.49 (-$0.02)
$0.65
$1.90
$0.63 to $0.65
$2.49 to $2.57
$2.54 to $2.56
$2.55 (+$0.02)
YOY Growth:
SS Revenue
1.8%
1.6%
N/A
0.75% to 2.00%
1.4% to 1.8%
1.6% (+22.5bps)
SS Expense
2.2%
3.2%
N/A
2.75% to 3.75%
2.7% to 3.1%
2.9% (-35bps)
1.6%
0.8%
N/A
0.00% to 1.25%
0.8% to 1.2%
1.0% (+37.5bps)
(1)Additional assumptions for the Company’s fourth quarter and full-year 2026 outlook can be found on Attachment 13 of the Company’s related quarterly Supplemental Financial Information (“Supplement”). A reconciliation of GAAP Net Income per diluted share to FFO per diluted share and FFOA per diluted share can be found on Attachment 14(D) of the Company’s related quarterly Supplement. Non-GAAP financial measures and other terms, as used in this earnings release, are defined and further explained on Attachments 14(A) through 14(D), “Definitions and Reconciliations,” of the Company’s related quarterly Supplement. Net Income, FFO and FFOA per share for all 2026 periods and guidance are unaffected by the Apollo transaction which is described later in this release. SS growth metrics have been adjusted to exclude the 19 communities that comprise the joint venture with Apollo. Including these communities, the Full-Year guidance midpoints for SS Revenue, Expense, and NOI would be 1.45%, 2.9%, and 0.75%, respectively.
1
“Third quarter operational results and FFOA per diluted share exceeded our expectations and drove our second guidance raise of 2026,” said Tom Toomey, UDR’s Chairman, President, and CEO. “Additionally, we are excited to have closed our strategic partnership with Apollo, which expands our access to capital, strengthens our balance sheet by reducing leverage, improves the quality of our wholly-owned portfolio, and positions UDR to pursue compelling investment opportunities that drive value creation for our shareholders.”
Capital Allocation Activity
During and subsequent to quarter-end, the Company,
●Closed the previously announced $2.0 billion strategic partnership with Apollo by contributing 19 apartment communities totaling 7,059 apartment homes valued at an approximate 6.0 percent capitalization rate to a new joint venture. Under the terms of the transaction, UDR received $1.34 billion of equity capital from Apollo, retained an approximate one-third interest in the joint venture, will continue to operate and manage the portfolio for which it will earn an asset management fee, and retained an option to repurchase Apollo’s interest in the joint venture at
Oct 21, 2026 · 100% conf.
1D
+0.99%
$35.40
Act: +3.13%
5D
+1.81%
$35.69
20D
+1.90%
$35.72
2 udr-ex99d1.htm
Exhibit 99.1
Press Release
DENVER, CO – October 21, 2026
Contact: Trent Trujillo
Email: ttrujillo@udr.com
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.
Preliminary Third Quarter 2026 Results and Outlook(1)
The Company expects Net Income per diluted share for the third quarter 2026 will be $0.67, which compares to the previously provided guidance range of $0.13 to $0.15 per diluted share. Furthermore, the Company expects FFOA per diluted share for the third quarter 2026 will be $0.65, which represents the high-end of the previously provided guidance range of $0.63 to $0.65 per diluted share. As shown in the table below, the Company has established guidance ranges for the fourth quarter 2026 and has raised its previously provided full-year 2026 guidance ranges for Net Income and FFOA per diluted share.
Metric, per
diluted share
3Q 2026 Preliminary
YTD 2026 through 3Q 2026 Preliminary
Outlook
Prior
Full-Year 2026 Outlook
Updated
Full-Year 2026 Outlook
Full-Year 2026 Midpoint (Change)
Net Income
$0.67
$1.45
$0.13 to $0.15
$1.03 to $1.11
$1.58 to $1.60
$1.59 (+$0.52)
FFO
$0.62
$1.85
$0.63 to $0.65
$2.47 to $2.55
$2.48 to $2.50
$2.49 (-$0.02)
$0.65
$1.90
$0.63 to $0.65
$2.49 to $2.57
$2.54 to $2.56
$2.55 (+$0.02)
Year-Over-Year Same-Store (“SS”) Growth:
Revenue
1.8%
1.6%
N/A
0.75% to 2.00%
1.4% to 1.8%
1.6% (+22.5bps)
Expense
2.2%
3.2%
N/A
2.75% to 3.75%
2.7% to 3.1%
2.9% (-35bps)
NOI
1.6%
0.8%
N/A
0.00% to 1.25%
0.8% to 1.2%
1.0% (+37.5bps)
(1)
All guidance is based on current expectations of future economic conditions and the judgment of the Company’s management team. A reconciliation of GAAP Net Income per diluted share to forecasted FFO and FFOA per diluted share for the fourth quarter and full-year 2026 can be found under “Reconciliation of Forecasted Net Income to FFO and FFO as Adjusted” in this release. Non-GAAP financial measures and other terms, as used in this release, are defined and further explained under “Definitions” in this release. Net Income, FFO and FFOA per share for all 2026 periods and guidance are unaffected by the Apollo transaction. SS growth metrics have been adjusted to exclude the 19 communities that comprise the joint venture with Apollo. Including these communities, SS Revenue, Expense, and NOI would be 1.5%, 2.7%, and 1.0% for 3Q 2026, 1.4%, 3.2%, and 0.5% for YTD 2026 through 3Q 2026, and 1.45%, 2.9%, and 0.75% for Full-Year 2026 Midpoint.
Operating Update
SS Metric(1)
3Q 2026, preliminary
YTD 2026 through
3Q 2026 preliminary
Weighted Average Physical Occupancy
96.5%
96.6%
Effective Blended Lease Rate Growth
2.0%
2.2%
(1)
SS metrics have been adjusted to exclude the 19 communities that comprise the joint venture with Apollo. Including these communities, Weighted Average Physical Occupancy and Effective Blended Lease Rate Growth would be 96.6% and 1.7% for 3Q 2026 and 96.6% and 1.8% for YTD 2026 through 3Q 2026.
1
Capital Allocation Activity
During the quarter the Company,
●Sold two apartment communities, one each in Seattle and Nashville, with a combined 412 apartment homes for gross proceeds of $183.0 million. The Company remains under contract to sell a 296-home apartment community in the Metropolitan Washington, D.C. area for gross proceeds totaling approximately $68.5 million.
●As part of the previously announced runoff of its Debt and Preferred Equity portfolio, acquired a 483-home apartment community in Inland Empire, CA, and, as previously reported, a 286-home in Portland, OR, both upon the liquidation of the Company’s interests in previous Debt and Preferred Equity joint ventures, for an incremental cash outlay of $235.0 million based on a combined property valuation of $354.4 million.
●Expanded its joint venture with LaSalle Investment Management to approximately $958.3 million by contributing a 360-home apartment community in Nashville, TN, to the venture. Under the terms of the transaction, the Company received approximately $103.2 million in cash proceeds.
●Received a full repayment of approximately $29.5 million on its Preferred Equity investment in a stabilized apartment community in Orlando.
Below is a summary of the Company’s preliminary results for the three and nine months ended September 30, 2026.
Reconciliation of N
Jul 27, 2026 · 100% conf.
1D
-1.92%
$38.52
Act: -0.69%
5D
-2.42%
$38.32
20D
-0.01%
$39.27
2 udr-20260727xex99d1.htm
Exhibit 99.1
Press Release
DENVER, CO – July 27, 2026
Contact: Trent Trujillo
Email: ttrujillo@udr.com
UDR, Inc. (the “Company”) (NYSE: UDR), announced today its second quarter 2026 results. Net Income, Funds from Operations (“FFO”), and FFO as Adjusted (“FFOA”) per diluted share for the quarter and year-to-date periods ended June 30, 2026, are detailed below.
Metric
Quarter Ended June 30
Year-to-Date Ended June 30
2026
2025
2026
2025
Net Income per diluted share
$0.21
$0.11
$0.79
$0.34
FFO per diluted share
$0.60
$0.61
$1.23
$1.19
FFOA per diluted share
$0.64
$0.64
$1.25
$1.25
Same-Store (“SS”) results for the second quarter 2026 versus the second quarter 2025 and the first quarter 2026 as well as year-to-date 2026 versus year-to-date 2025 are summarized below.
SS Growth / (Decline)
Year-Over-Year (“YOY”): 2Q 2026 vs. 2Q 2025
Sequential:
2Q 2026 vs. 1Q 2026
Year-to-Date (YTD) YOY:
2026 vs. 2025
Revenue
1.8%
1.4%
1.3%
Expense
2.6%
(3.9)%
3.5%
Net Operating Income (“NOI”)
1.4%
4.0%
0.3%
“Leasing strength in 2026 is tracking ahead of our initial expectations, resulting in second quarter results that exceeded our prior guidance. As a result, we have raised our full-year guidance ranges for Same-Store growth and FFOA per diluted share,” said Tom Toomey, UDR’s Chairman, President, and CEO. “The resiliency of the economy, waning supply, and attractive relative affordability of apartments position UDR for continued success. Following 50+ years of dividend growth and stability totaling $9 billion of payments, we look forward to paying our first monthly dividend this week.”
Outlook(1)
As shown in the table below, the Company has established the following guidance ranges for the third quarter of 2026, raised its previously provided full-year 2026 guidance ranges for Net Income, FFOA per diluted share, and Same-Store Growth, and updated its previously provided full-year 2026 guidance range for FFO per diluted share.
Metric, per diluted share
Actual
Actual
Outlook
Prior
Full-Year 2026 Outlook
Updated
Full-Year 2026 Outlook
Full-Year 2026 Midpoint (Change)
Net Income
$0.21
$0.79
$0.13 to $0.15
$0.91 to $1.01
$1.03 to $1.11
$1.07 (+$0.11)
FFO
$0.60
$1.23
$0.63 to $0.65
$2.48 to $2.58
$2.47 to $2.55
$2.51 (-$0.02)
$0.64
$1.25
$0.63 to $0.65
$2.47 to $2.57
$2.49 to $2.57
$2.53 (+$0.01)
YOY Growth:
SS Revenue
1.8%
1.3%
N/A
0.25% to 2.25%
0.75% to 2.00%
1.375% (+12.5bps)
SS Expense
2.6%
3.5%
N/A
3.00% to 4.50%
2.75% to 3.75%
3.25% (-50bps)
1.4%
0.3%
N/A
(1.00)% to 1.25%
0.00% to 1.25%
0.625% (+50bps)
(1)
Additional assumptions for the Company’s third quarter and full-year 2026 outlook can be found on Attachment 13 of the Company’s related quarterly Supplemental Financial Information (“Supplement”). A reconciliation of GAAP Net Income per diluted share to FFO per diluted share and FFOA per diluted share can be found on Attachment 14(D) of the Company’s related quarterly Supplement. Non-GAAP financial measures and other terms, as used in this earnings release, are defined and further explained on Attachments 14(A) through 14(D), “Definitions and Reconciliations,” of the Company’s related quarterly Supplement.
1
Capital Allocation Activity
Leveraging the Company’s collaborative and data-driven approach to capital allocation, during the quarter and subsequent to quarter-end, the Company,
●As previously reported, expanded its share repurchase program to approximately 30 million shares and repurchased approximately 5.5 million shares of its common stock at a weighted average share price of $36.49 for total consideration of approximately $200.3 million. Following this share repurchase activity, the Company has approximately 25.5 million shares remaining for repurchase under its program. Since recommencing share repurchases in September 2025, the Company has repurchased approximately 11.5 million shares of its common stock at a weighted average share price of $36.32 for total consideration of approximately $418.0 million.
●Sold a 206-apartment home community in Nashville, TN, that was originally constructed in 1977 for gross proceeds of $41.5 million. Additionally, the Company is under contract to sell three apartment communities with a combined 808 apartment homes for gross proceeds totaling approximately $252.5 million. These transactions are expected to close in the third and fourth quarters of 2026. Should these pending sales close as anticipated, the Company’s 2026 disposition activity would total approximately $656.0 million.
●Acquired three apartment home communities with a combined 584 apartment homes upon the liquidation
This page provides UDR Inc. (UDR) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on UDR's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.