REIT UDR's Q3 net income per share doubles

UDR

29/10/2025 21:11

Overview

UDR Q3 net income per share doubles yr/yr, FFO and FFOA show modest growth

Company exceeded its guidance for FFOA per share

UDR repurchased 651 thousand shares for $25 mln

Outlook

UDR raises full-year 2025 Net Income guidance to $0.57-$0.59 per share

Company maintains full-year 2025 FFO guidance at $2.44-$2.46 per share

UDR sees 4Q 2025 FFOA per share between $0.63 and $0.65

Result Drivers

SAME-STORE REVENUE - Growth in revenue from Same-Store communities and completed developments contributed to overall revenue increase

CAPITAL MANAGEMENT - UDR repurchased 651 thousand shares for $25 mln and extended debt maturities, reflecting strategic capital management

PREFERRED EQUITY INVESTMENTS - Co made significant preferred equity investments in stabilized apartment communities with high contractual returns

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.12


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 15 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the residential reits peer group is "buy."

Wall Street's median 12-month price target for UDR Inc is $44.00, about 20.4% above its October 28 closing price of $35.04

The stock recently traded at 54 times the next 12-month earnings vs. a P/E of 69 three months ago

Press Release: ID:nBwbS3f50a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)