Welcome to our dedicated page for Udr news (Ticker: UDR), a resource for investors and traders seeking the latest updates and insights on Udr stock.
UDR, Inc. (NYSE: UDR) is a multifamily real estate investment trust whose news flow centers on apartment portfolio performance, capital allocation decisions, governance developments, and corporate responsibility initiatives. As an S&P 500 multifamily REIT, the company regularly issues updates on its financial results, Same-Store operating metrics, and regional performance across markets such as the West, Mid-Atlantic, Northeast, Southeast, Southwest, and Other Markets.
On this page, readers can follow UDR news related to quarterly earnings releases, including disclosures of net income, funds from operations (FFO), FFO as adjusted (FFOA), Same-Store revenue and expense trends, and occupancy levels. These updates often include commentary on regional NOI performance and the factors influencing revenue growth and expense patterns in UDR’s apartment communities.
UDR’s news also highlights capital markets and investment activity, such as preferred equity investments in stabilized apartment communities, joint venture expansions with institutional partners like LaSalle Investment Management, and actions involving senior unsecured term loans, interest rate swaps, and share repurchases. Dividend declarations on common and preferred stock, including the long-running sequence of quarterly common dividends, are a recurring feature of the company’s announcements.
Governance and leadership developments appear frequently in UDR’s news releases, including the appointment of independent directors to the Board of Directors, changes in senior executive roles, and the company’s approach to board succession and committee assignments. In addition, UDR reports on its Corporate Responsibility Report and related ESG achievements, such as emissions intensity reductions, renewable energy procurement, sustainability certifications, workplace recognition, and enhancements to incentive compensation and governance practices.
Investors, analysts, and other interested readers can use UDR’s news stream to monitor how the company manages its multifamily portfolio, approaches capital allocation, and addresses environmental, social, and governance priorities over time.
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UDR, Inc. (NYSE: UDR) announced a quarterly dividend of $0.38 per share for Q4 2022, payable on January 31, 2023. This marks the 201st consecutive quarterly dividend for the company. Additionally, a dividend of $0.4114 per share was declared for its Series E preferred stock, also payable on January 31, 2023. Shareholders of record for both dividends are set as of January 9, 2023. UDR continues to demonstrate a strong commitment to delivering value to its shareholders through consistent dividend payments.
UDR reported its third-quarter 2022 results, revealing a net income of $0.07 per diluted share and funds from operations (FFO) of $0.57, both showing positive year-over-year growth. The company settled 1.8 million shares under forward equity sales agreements, raising approximately $99.8 million. UDR plans to sell a community in California for $41.5 million, expected to close in Q4 2022. The firm also raised its full-year 2022 guidance, reflecting strong operating results and revenue growth of 12.7% YOY.
UDR aims for a robust future with a focus on rate growth, maintaining high occupancy at 96.7% despite inflation pressures.
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UDR, Inc. will release its third quarter 2022 financial results on October 26, 2022, after market close. A conference call is scheduled for October 27, 2022, at 1:00 p.m. ET, open to the public with a Q&A limited to registered analysts. The earnings report and supplemental data will be accessible on UDR's investor relations website immediately following the release. As of June 30, 2022, UDR owned or had an interest in 58,328 apartment homes, demonstrating a strong position in the multifamily real estate market.
UDR, Inc. (NYSE: UDR) has declared a quarterly dividend of $0.38 per share for Q3 2022, payable on October 31, 2022. This marks the 200th consecutive quarterly dividend the company has paid. Additionally, a dividend of $0.4114 per share on Series E preferred stock will also be distributed on the same date. As of June 30, 2022, UDR manages 58,328 apartment homes with an ongoing commitment to delivering long-term value to shareholders.
The lawsuit against UDR, filed by Patrick Oseni, a former tenant who was shot in his apartment, allows key discrimination claims to proceed. A D.C. judge's ruling paves the way for allegations of racial discrimination and emotional distress against UDR. Following the 2020 shooting incident, Oseni alleges he was unfairly evicted after the company changed his locks, claiming discomfort among other tenants. The court will examine serious counts, including two counts of discrimination and fraudulent misrepresentation.
UDR, Inc. will participate in the Bank of America Securities 2022 Global Real Estate Conference on September 13-14, 2022. The Executive Team will host a roundtable discussion on September 13 at 12:40 p.m. ET. This discussion will be available via webcast and can also be accessed on UDR's Investor Relations website. A replay will be available for 90 days. UDR, an S&P 500 company, owns or has interests in 58,328 apartment homes across the U.S.
UDR reported its 2Q 2022 results, with a net income of $0.01 per diluted share, down 75% from the prior year. However, FFO per share remained stable at $0.52, while FFOA and AFFO per diluted share showed growth at $0.57 and $0.52, respectively, up 16% and 18% year-over-year. Same-store revenue rose by 11.4%, and NOI increased by 14.7%. The company has raised its full-year guidance, projecting a 5% growth in same-store revenue for 2023. UDR also settled 6.5 million shares under forward equity agreements, raising approximately $351 million.
UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, will release its second quarter 2022 financial results on July 26, 2022, after market close. A conference call will be held on July 27, 2022, at 1:00 p.m. Eastern Time to discuss results and recent events, with a Q&A session for financial analysts. UDR owns or has an ownership stake in 57,904 apartment homes, including 1,564 under development, demonstrating a commitment to delivering reliable returns and quality service to residents and shareholders.