UDR Inc
UDR
ISIN US9026531049 / Valor 2989915
UDR Inc
UMushroom community rating:
About company
UDR Inc is a real estate investment trust that focuses on the development, acquisition, and management of multifamily apartment communities in urban and suburban markets. The company's business model revolves around providing high-quality living spaces for residents while generating consistent returns for investors. UDR's portfolio includes a diverse range of properties, from luxury high-rise buildings to more affordable housing options, catering to various demographics and lifestyles. With a strong emphasis on sustainability and environmental responsibility, UDR is committed to integrating ESG principles into its overall business strategy, setting company-wide targets and goals to promote sustainability across its operations. Through a combination of third-party assurance testing and internal monitoring, UDR ensures the accuracy and completeness of its ESG reporting processes, demonstrating a commitment to transparency and accountability in its sustainability efforts.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (17.12.2024):
Net Income
UDR Inc. reported a net income per diluted share of $0.06 for the third quarter of 2024, which is below the guidance range of $0.08 to $0.10 and represents a 40% decrease compared to the same period in 2023.
Funds from Operations
For the third quarter of 2024, UDR Inc.'s Funds from Operations (FFO) per diluted share was $0.60, slightly below the guidance range of $0.60 to $0.62 and a 2% decrease from the prior year period.
Revenue Growth
UDR Inc. experienced a year-over-year revenue growth of 1.2% in the third quarter of 2024 compared to the third quarter of 2023, with a sequential growth of 0.9% from the second quarter of 2024.
Same-Store Performance
In the third quarter of 2024, UDR Inc.'s Same-Store Net Operating Income (NOI) grew by 0.8% year-over-year and 0.2% sequentially, reflecting better-than-expected performance in revenue, expenses, and NOI growth.
Full-Year Guidance
UDR Inc. has raised its full-year 2024 guidance, with expectations for FFOA per diluted share to be in the range of $2.47 to $2.49, reflecting an increase from the previous guidance range of $2.42 to $2.50.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
14406 M
Market cap (USD)
358,823
Daily traded volume (Shares)
43.68 / 43.23
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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