— Know what they know.
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Not Investment Advice

UDR

NYSE · USD
UDR, Inc.
Real Estate · REIT - Residential
CEO Thomas W. Toomey Employees 1,420 R&D / revenue 0.0%
Last price
$34.26+0.15%last session
Market cap
$11.0B
P/E (TTM)
21.7x
From 52w high
−18.4%
From 52w low
+4.0%
1-year return
−4.7%
RSI 14 · vs SMA200
47.3 · −7.0%
IS score
56.4/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

UDR   SPY   XLRE (sector ETF) · weekly closes
100110Jan 26Apr 26Jul 26Oct 26SPY 116XLRE 101UDR 95

Score DNA

Each bar is a 0-100 score within the scored universe
64
Profitability
58
Growth
49
Value
86
Momentum
15
Risk (safety)
70
Quality
23
Balance sheet
83
Earnings quality

Flags

Strengths
✓ FCF yield 5%+✓ Congress buying
Warnings
▲ Altman distress zone
Observations
Moat model: Weak, Efficient ScalePiotroski 7 / 9Altman Z 0.7Beta 0.693 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
1 open-market sales, $3.1M
Form 144 notices (12m): 1, $3.1M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
1
Last disclosed purchase 2026-03-27
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
−1
81 new holders, 78 closed
526 filers hold 105.6% · 166 added, 209 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+42
526 funds adding shares
484 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
23.9%
20-day avg 30.4%, 50-day avg 38.2%
Latest 6.5 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$1.7B
Revenue growth YoY+2.4%
Gross margin25.6%
Operating income$322.4M
Operating margin18.8%
Net income$377.7M
Net margin22.1%
EPS (diluted)$1.13
Cash flow
Operating cash flow$902.9M
Capital expenditure$0
Free cash flow$902.9M
FCF conversion (FCF / OCF)100.0%
Stock-based compensation$26.5M
FCF less SBC$876.4M
Buybacks$117.8M
Dividends$0
Balance sheet & returns
Cash & short-term investments$36.9M
Total debt$6.0B
Net debt$6.0B
Shareholders' equity$4.1B
Goodwill & intangibles$0
Debt / equity2.04
ROE (TTM)16.3%
ROIC (TTM)4.9%
Operating margin by fiscal year
20.8%FY202116.5%FY202239.0%FY202317.0%FY202421.1%FY2025
Revenue $1.3B (FY2021) to $1.7B (FY2025), a 7.3% CAGR.

Valuation

P/E (TTM)21.7x
EV / EBITDA12.9x
Price / sales6.41x
Price / FCF11.9x
FCF yield8.37%
Buyback yield1.07%
SBC / revenue1.6%
Price / book3.79x
Forward P/E FY202631.3x
Forward P/E FY202758.6x
Forward P/E FY202852.0x
Forward multiples divide today's price by Street EPS estimates. Street mean target $41.08 across 12 analysts last quarter is theirs, not ours.

UDR vs industry median

40 companies in REIT - Residential
Gross margin 55.7% 60.6% Operating margin 28.2% 24.6% Net margin 30.4% 6.8% ROIC 4.9% 4.3%
UDR (TTM)Industry median Asset turnover 0.17 vs industry 0.13 · financial leverage 3.49

Earnings delivery

Next report 2026-11-02 · consensus EPS $0.15
50%
beat rate, 6 of 12 quarters
+0.8%
median EPS surprise
4
longest beat streak
-2+0+0+0+2+0+530+0+3+3+325+377
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-07-26 to 2026-04-29. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
UDR UDR, Inc. $11.0B21.7x16.3%30.4%+2.4% −4.7%
AMH American Homes 4 Rent $11.2B24.8x6.8%24.9%+4.5% −3.2%
ELS Equity LifeStyle Properties, $11.9B30.6x23.0%24.2%+9.6% +1.9%
CPT Camden Property Trust $9.9B32.6x7.8%4.8%+0.8% −2.2%
MAA Mid-America Apartment Commun $13.5B34.1x7.1%21.9%+0.8% −11.3%
SUI Sun Communities, Inc. $14.4Bn/m-13.4%—−20.0% —
INVH Invitation Homes Inc. $16.0B24.8x7.1%29.3%+6.7% —
ESS Essex Property Trust, Inc. $17.3B41.9x7.6%12.8%+4.7% —
12-month window: SPY +15.9%, sector ETF XLRE +0.9%. Past returns describe history only.

Recent 8-K filings

2026-09-09Regulation FD; Exhibits
2026-07-27Earnings Release; Exhibits
2026-05-29Regulation FD; Exhibits
2026-05-27Shareholder Vote
2026-05-04Other Events; Exhibits
2026-04-29Earnings Release; Regulation FD; Exhibits

Context

Shares outstanding321,264,222
Free float90.0%
Institutional ownership105.6%
Beta0.69
Dividend yield4.22%
Last dividend$0.14 on 2026-12-15
50 / 200-day average$35.61 / $36.89
Large-cap Real Estate median P/E26.2x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where UDR sits among 13 scored companies in REIT - Residential (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureUDRIndustry medianIndustry percentileSector median
P/E (TTM) 21.1x 30.0x
11th		 24.1x
PEG (P/E ÷ 3-yr EPS CAGR) 3.45 2.56
100th		 1.55
Price / sales 6.4x 6.0x
75th		 3.7x
Price / book 3.7x 1.9x
92nd		 1.3x
Price / tangible book 4.4x 2.8x
92nd		 1.6x
Price / free cash flow 11.9x 14.9x
17th		 15.1x
Price / operating cash flow 12.4x 13.0x
33rd		 12.3x
Enterprise value $17.0B $15.2B
67th		 $7.5B
EV / sales 9.9x 8.6x
92nd		 9.4x
EV / EBITDA 12.9x 15.2x
17th		 15.7x
EV / EBIT 26.2x 30.6x
36th		 27.2x
EV / free cash flow 18.4x 22.9x
17th		 29.4x
Earnings yield 4.7% 3.0%
92nd		 3.2%
FCF yield 8.4% 6.7%
83rd		 5.6%
Operating cash flow yield 8.1% 7.7%
67th		 7.9%
Graham number (per share) $18.06 $21.76
22nd		 $22.48

Profitability (TTM)

MeasureUDRIndustry medianIndustry percentileSector median
Gross margin 55.7% 47.3%
75th		 51.4%
EBITDA margin 76.8% 59.2%
91st		 54.9%
Operating margin 28.2% 26.9%
58th		 29.0%
EBIT margin 37.9% 29.5%
91st		 31.7%
Net margin 30.4% 20.7%
92nd		 12.2%
NOPAT margin 28.2% 26.3%
67th		 25.5%
FCF margin 53.7% 35.4%
91st		 21.8%
Operating cash flow margin 51.9% 41.7%
91st		 33.4%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 5.3% 4.9%
58th		 6.6%
Stock comp / revenue 1.6% 1.1%
92nd		 1.2%
Effective tax rate 0.2% 0.6%
42nd		 1.9%

Returns on capital

MeasureUDRIndustry medianIndustry percentileSector median
ROE (on average equity) 16.7% 7.1%
92nd		 5.3%
ROA 5.0% 3.4%
83rd		 1.6%
ROIC 5.4% 4.4%
83rd		 3.7%
ROCE 7.3% 5.5%
83rd		 4.4%
Return on tangible assets 6.2% 5.3%
75th		 3.8%
Cash ROIC (OCF / invested capital) 10.0% 9.1%
83rd		 5.7%
Gross profitability (GP / assets) 9.3% 8.1%
67th		 5.3%
ROIC, 3-yr average 2.8% 3.4%
36th		 2.4%
ROIC, 5-yr average 2.9% 3.0%
36th		 2.6%
ROE, 5-yr average 8.1% 5.2%
64th		 4.4%
Incremental ROIC -101.3% 26.6%
8th		 6.5%

Growth

MeasureUDRIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 1.5% 3.4%
42nd		 8.4%
Revenue growth (QoQ) -0.1% 1.0%
17th		 2.2%
Revenue CAGR, 3 yr 2.5% 2.1%
55th		 5.8%
Revenue CAGR, 5 yr 7.0% 7.5%
45th		 9.5%
Gross profit CAGR, 3 yr 36.6% -2.0%
100th		 -0.8%
Operating income CAGR, 3 yr -7.6% -3.3%
27th		 3.0%
Net income growth (TTM YoY) 295.8% 16.7%
100th		 21.3%
Net income CAGR, 3 yr 5.3% 7.3%
43rd		 8.5%
EPS growth (TTM YoY) 303.4% 20.1%
100th		 17.6%
EPS CAGR, 3 yr 6.1% 7.6%
43rd		 5.7%
EPS CAGR, 5 yr 97.0% 8.7%
100th		 5.6%
FCF growth (TTM YoY) 55.0% 18.6%
91st		 3.0%
FCF CAGR, 3 yr 20.3% 9.3%
80th		 5.6%
Operating cash flow CAGR, 3 yr 2.3% 3.1%
45th		 3.7%
Book value CAGR, 3 yr -10.0% -3.7%
18th		 -2.0%
Dividend CAGR, 3 yr -92.6% 1.0%
0th		 -1.2%
Sustainable growth rate 16.7% -0.7%
100th		 -1.4%

Margin history & stability

MeasureUDRIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 35.5% 49.4%
0th		 59.1%
Operating margin, 3-yr average 22.5% 26.5%
36th		 28.6%
Net margin, 3-yr average 15.5% 17.2%
45th		 12.3%
FCF margin, 3-yr average 40.5% 30.4%
82nd		 27.4%
Revenue stability (0-1) 0.85 0.83
55th		 0.82
Earnings stability (0-1) 0.33 0.18
64th		 0.36
Margin stability (0-1) 0.48 0.85
9th		 0.83

Liquidity (latest quarter)

MeasureUDRIndustry medianIndustry percentileSector median
Cash & short-term investments $1.2M $44.7M
0th		 $141.2M
Net cash (− = net debt) −$6.0B −$3.9B
17th		 −$3.3B
Working capital −$1.2B −$57.7M
0th		 $19.5M
Current ratio 0.15 0.46
9th		 1.02
Quick ratio 0.15 0.46
9th		 1.02
Cash ratio (cash + ST investments / current liabilities) 0.00 0.27
0th		 0.36
Defensive interval (days) 134 days 202 days
30th		 554 days

Leverage & solvency (latest quarter)

MeasureUDRIndustry medianIndustry percentileSector median
Total debt $6.0B $4.1B
83rd		 $3.5B
Debt / equity 2.04 1.05
92nd		 1.33
Net debt / equity 2.04 1.04
92nd		 1.26
Debt / assets 58.4% 47.5%
92nd		 51.3%
Debt / capital 67.1% 51.2%
92nd		 57.1%
Debt / EBITDA 4.55 4.55
50th		 6.47
Net debt / EBITDA 4.54 4.54
50th		 6.15
Interest coverage (EBIT / interest) 3.3x 2.7x
83rd		 1.5x
Cash interest coverage 4.5x 4.3x
67th		 2.1x
Debt payback (years of OCF) 6.7 yrs 6.0 yrs
58th		 8.9 yrs
Liabilities / assets 71.4% 53.3%
92nd		 60.0%
IS credit model rating B+ — —
Implied credit spread (bps) 650 400
75th		 650

Efficiency

MeasureUDRIndustry medianIndustry percentileSector median
Asset turnover 0.16 0.15
67th		 0.12
Fixed asset turnover 0.19 0.19
57th		 0.90
Inventory turnover —
Receivables turnover 10.9 22.8
22nd		 7.6
Days sales outstanding 34 days 14 days
83rd		 37 days
Days inventory outstanding —
Days payables outstanding 57 days 29 days
75th		 53 days
Cash conversion cycle (days) −23 days −10 days
36th		 −6 days
Capex / revenue —
Capex / depreciation —
Operating expense ratio 44.7% 44.7%
50th		 30.9%

Cash flow & earnings quality

MeasureUDRIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.71 2.49
11th		 1.83
FCF / net income 1.76 1.85
44th		 1.43
FCF / operating cash flow —
Capex / operating cash flow —
Accruals ratio -3.5% -5.1%
75th		 -3.1%
Sloan accruals ratio -12.9% -2.8%
8th		 -3.3%
Earnings quality score (0-1) 1.00 1.00
44th		 1.00

Dividends & buybacks

MeasureUDRIndustry medianIndustry percentileSector median
Dividend yield 4.2% 4.4%
33rd		 5.2%
Dividend per share (TTM) $1.45 $2.14
33rd		 $1.21
Payout ratio (dividends / net income) —
Dividends / FCF —
Dividend growth (YoY) -100.0% 6.3%
0th		 2.3%
Buyback yield 3.8% 1.2%
83rd		 0.1%
Shareholder yield (dividends + buybacks) 3.8% 7.2%
17th		 5.9%
Share count change (YoY) -1.9% 0.0%
25th		 0.5%
Buybacks, last 5 years $778.7M $162.5M
67th		 $15.9M

Scores & forensic checks

MeasureUDRIndustry medianIndustry percentileSector median
IS score 56 44
75th		 43
IS profitability 64 53
83rd		 44
IS growth 58 55
75th		 58
IS value 49 49
50th		 53
IS momentum 86 80
75th		 77
IS risk (safety) 15 30
0th		 15
IS quality 70 68
58th		 59
IS balance sheet 23 36
8th		 35
IS earnings quality 83 84
42nd		 72
IS cash flow 86 81
92nd		 61
Piotroski F-score (0-9) 7 6
67th		 6
Altman Z-score 0.7 1.4
8th		 0.8
Beneish M-score −3.14 −3.41
64th		 −2.71
Ohlson O-score −6.39 −7.51
83rd		 −6.91
IS credit score 35 46
25th		 34

Per share

MeasureUDRIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $1.60 $1.32
58th		 $0.78
Book value per share $9.03 $18.77
8th		 $15.91
Tangible book per share $9.04 $20.18
0th		 $16.11
Revenue per share $5.27 $7.93
42nd		 $6.28
FCF per share $2.83 $2.83
50th		 $1.49
Operating cash flow per share $2.74 $3.27
33rd		 $1.95
Cash per share $0.00 $0.44
0th		 $0.95

Size (TTM)

MeasureUDRIndustry medianIndustry percentileSector median
Market cap $11.0B $11.0B
50th		 $2.5B
Revenue $1.7B $1.6B
58th		 $956.7M
EBITDA $1.3B $901.2M
92nd		 $399.5M
Net income $522.2M $401.8M
92nd		 $109.6M
Free cash flow $921.6M $665.9M
67th		 $157.8M
Total assets $10.3B $9.7B
58th		 $6.6B
Shareholders' equity $2.9B $3.8B
33rd		 $1.8B
Employees 1,420 1,598
42nd		 307

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-07-23Bragg David D.
SVP - Chief Financial Officer
 Tax withholding 2,134$39.48$84,25027,892
2026-06-05Toomey Thomas W
Director, Chairman, President and CEO
 Open-market sale 80,000$39.25$3.1M810,455

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
JunJul

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Open-market saleDisposed180,000$3.1M
Tax withholdingDisposed12,134$84,250
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 1 notices · 80,000 shares · $3.1M
FiledFilerShares proposedEst. proceeds
2026-06-05Thomas W Toomey80,000$3.1M
2025-02-20Toomey Thomas W25,000$1.1M
2024-09-20Alcock Harry G5,000$224,391
2024-06-07Toomey Thomas W90,000$3.6M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 0 trades (0 purchases) · Senate 1 (1 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-03-27Alan ArmstrongSenatePurchase$1,001 - $15,0002026-07-21
2025-09-29Ro KhannaHousePurchase$1,001 - $15,0002025-10-03
2025-09-25Julie JohnsonHouseSale$1,001 - $15,0002025-10-08
2025-09-24Julie JohnsonHouseSale (Full)$1,001 - $15,0002025-10-08
2025-09-23Julie JohnsonHousePurchase$1,001 - $15,0002026-08-06
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.31,250,868$1.2B9.73%
NORGES BANK29,452,071$1.2B9.17%
Capital Research Global Investors25,567,641$1.0B7.96%
VANGUARD PORTFOLIO MANAGEMENT LLC25,516,492$1.0B7.94%
VANGUARD CAPITAL MANAGEMENT LLC20,291,857$810.1M6.32%
STATE STREET CORP19,385,427$773.9M6.03%
COHEN & STEERS, INC.15,418,373$615.5M4.80%
FMR LLC14,085,967$562.3M4.38%
Invesco Ltd.13,861,075$553.3M4.31%
CENTERSQUARE INVESTMENT MANAGEMENT LLC9,221,587$368.1M2.87%
GEODE CAPITAL MANAGEMENT, LLC8,688,083$346.3M2.70%
JPMORGAN CHASE & CO6,109,852$245.7M1.90%
CANADA PENSION PLAN INVESTMENT BOARD5,500,000$219.6M1.71%
WELLINGTON MANAGEMENT GROUP LLP5,453,681$217.7M1.70%
Sixth Street Partners Management Company, L.P.5,182,626$206.9M1.61%

Institutional ownership by quarter

2023-092026-06105.6%
% of shares held by 13F filers
2023-092026-06526
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-30526105.6%8116620978
2026-03-3152799.9%7319017764
2025-12-31527105.2%8117419559
2025-09-3051093.1%4917220359
2025-06-30527102.0%7320417352
2025-03-31513102.5%6119616854
2024-12-31514102.6%7318416953
2024-09-30505101.4%6717917342
2024-06-3048399.3%7218315738
2024-03-31457100.5%5018015555
2023-12-3146498.8%7615017358
2023-09-3045098.4%5914916446

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-08-14SCHEDULE 13G/ACohen & Steers Ireland Limited0.0%28,659
2026-07-30SCHEDULE 13G/ABlackRock, Inc.9.5%30,772,149
2026-07-08SCHEDULE 13G/ACohen & Steers Ireland Limited0.0%28,659
2026-05-14SCHEDULE 13GCapital Research Global Investors7.8%25,634,147
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VGSNX0.56%$371.5M
VNQ0.56%$371.5M
VGSLX0.56%$371.5M
VITSX0.01%$341.2M
VTI0.01%$341.2M
VSMPX0.01%$341.2M

Share structure

Shares outstanding321,264,222
Float289,047,846
Free float90.0%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$1.3B$1.5B$1.6B$1.7B$1.7B
Cost of revenue$1.1B$1.2B$1.2B$1.3B$1.3B
Gross profit$228.0M$331.0M$392.5M$417.0M$438.2M
R&D$0$0$0$0$0
SG&A$57.5M$64.1M$69.9M$84.3M$115.8M
Operating income$268.0M$250.8M$635.0M$284.6M$322.4M
EBITDA$968.5M$935.3M$1.3B$1.0B$1.0B
Pretax income$162.4M$92.9M$476.6M$96.8M$404.6M
Income tax$1.4M$349,000$2.1M$879,000$835,000
Net income$150.0M$86.9M$444.4M$89.6M$377.7M
EPS, diluted$0.48$0.26$1.34$0.26$1.13
Diluted shares301.7M322.7M329.1M330.1M331.1M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$967,000$1.2M$2.9M$1.3M$36.9M
Receivables$26.9M$54.7M$228.8M$247.8M$150.0M
Inventory$0$0$0$0$0
Total current assets$55.3M$84.9M$263.7M$283.3M$151.2M
PP&E, net$197.5M$194.1M$190.6M$187.0M$187.6M
Goodwill & intangibles$0$0$0$2.3M$0
Total assets$10.8B$11.0B$11.4B$10.9B$10.6B
Accounts payable$137.0M$153.2M$141.3M$115.1M$0
Total current liabilities$645.7M$751.8M$848.9M$726.7M$45.6M
Long-term debt$5.2B$5.2B$5.4B$5.5B$5.2B
Total liabilities$6.0B$6.1B$6.4B$6.4B$6.5B
Shareholders' equity$4.8B$4.9B$5.0B$4.5B$4.1B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$161.0M$92.6M$474.5M$95.9M$377.7M
Depreciation & amortization$619.8M$679.6M$691.8M$695.5M$680.0M
Stock-based compensation$22.1M$27.5M$32.9M$32.6M$26.5M
Change in working capital−$22.0M−$3.3M−$36.4M−$35.9M$0
Operating cash flow$664.0M$820.1M$832.7M$876.8M$902.9M
Capital expenditure−$166.5M−$236.0M−$312.3M−$271.7M$0
Free cash flow$497.4M$584.1M$520.3M$605.2M$902.9M
Investing cash flow−$1.3B−$929.5M−$289.1M−$276.4M−$151.0M
Net debt issued / repaid$242.0M$77.3M$83.4M$29.9M$0
Buybacks$0−$49.0M−$25.0M$0−$117.8M
Dividends paid−$438.0M−$488.0M−$544.6M−$563.3M$0

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin17.7%21.8%24.1%24.9%37.4%
Operating margin20.8%16.5%39.0%17.0%21.1%
Net margin11.6%5.7%27.3%5.4%22.1%
FCF margin38.5%38.5%32.0%36.2%52.7%
ROE4.5%2.3%11.0%2.4%11.2%
ROIC2.9%2.6%6.3%3.0%3.8%
ROA1.5%0.8%4.0%0.8%3.5%
Debt / equity1.631.391.501.751.88
Interest coverage1.9x1.6x3.6x1.3x2.5x
Current ratio0.090.110.310.393.31
Revenue growth+4.0%+17.6%+7.3%+2.7%+2.4%
EPS growth+117.9%−43.9%+406.9%−80.0%+319.9%
P/E at year end107.8x127.9x26.0x153.7x31.9x
EV / EBITDA at year end22.5x18.0x13.0x19.8x15.4x
FCF yield at year end3.08%5.26%4.50%4.40%7.49%
Dividend payout292.0%561.4%122.6%628.8%0.0%

Revenue by segment

FY2021FY2022FY2023FY2024
Management Service$6.1M$5.0M$6.8M$8.3M

Street estimates by fiscal year

Next report 2026-11-02 · consensus EPS $0.15 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$1.7B$1.7B – $1.7B$1.09$1.08 – $1.10831.3x
2027$1.7B$1.7B – $1.8B$0.58$0.58 – $0.59558.6x
2028$1.8B$1.8B – $1.8B$0.66$0.39 – $0.93452.0x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-04-29$0.13$0.62+376.9%$427.1M$423.3M−0.9%
2026-02-09$0.15$0.64+324.7%$430.1M$428.8M−0.3%
2025-10-29$0.63$0.65+3.2%$430.3M$431.9M+0.4%
2025-07-30$0.62$0.64+3.2%$422.2M$425.4M+0.8%
2025-04-30$0.61$0.610.0%$421.0M$421.9M+0.2%
2025-02-05$0.10$0.63+530.0%$421.2M$422.7M+0.4%
2024-10-30$0.62$0.620.0%$420.1M$420.2M+0.0%
2024-07-30$0.61$0.62+1.6%$414.1M$415.3M+0.3%
2024-04-30$0.61$0.610.0%$411.7M$413.6M+0.5%
2024-02-06$0.63$0.630.0%$409.2M$413.3M+1.0%
2023-10-26$0.63$0.630.0%$410.0M$410.1M+0.0%
2023-07-26$0.62$0.61−1.6%$415.5M$404.5M−2.6%
2023-04-26$0.61$0.60−1.6%$411.0M$399.5M−2.8%
2023-02-06$0.61$0.610.0%$398.7M$399.7M+0.2%
2022-10-26$0.59$0.60+1.7%$380.9M$391.3M+2.7%
2022-07-26$0.57$0.570.0%$368.2M$369.2M+0.3%
2022-04-26$0.55$0.550.0%$356.4M$357.3M+0.2%
2022-02-08$0.54$0.540.0%$338.5M$348.2M+2.9%
2021-10-26$0.51$0.510.0%$315.8M$329.8M+4.4%
2021-07-28$0.49$0.490.0%$311.4M$311.3M−0.0%
2021-04-27$0.48$0.47−2.1%$302.7M$301.4M−0.4%
2021-02-09$0.49$0.490.0%$302.4M$302.4M0.0%
2020-10-29$0.50$0.500.0%$34.4M$310.0M+800.0%
2020-07-28$0.53$0.51−3.8%$285.2M$307.3M+7.7%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.106-150.206-220.106-290.107-060.107-130.107-200.307-270.108-030.108-100.108-170.108-240.108-31
Week ofNotionalSharesTrades
2026-08-31$102.2M2,789,93951,023
2026-08-24$131.9M3,486,40455,538
2026-08-17$122.7M3,275,01354,869
2026-08-10$77.7M2,063,11247,638
2026-08-03$134.1M3,490,16263,880
2026-07-27$256.6M6,586,41196,918

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1523.9%
DateShort shareShort volumeTotal volume
2026-10-1523.9%258,8401,085,018
2026-10-1442.5%484,3801,140,388
2026-10-1342.7%308,910723,525
2026-10-1233.9%410,7271,209,923
2026-10-0914.7%252,5451,720,542
2026-10-0818.5%223,8501,208,321
2026-10-0730.6%332,6621,088,253
2026-10-0618.5%242,8151,309,523
2026-10-0520.1%281,0041,400,521
2026-10-0241.2%408,810991,752
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+2.1Jan-1.2Feb+1.8Mar+3.0Apr+0.5May-0.7Jun+1.8Jul+1.1Aug-0.5Sep+0.3Oct+1.3Nov+2.2Dec
MonthAvg returnUp yearsYears
Jan+2.1%55%20
Feb−1.2%50%20
Mar+1.8%67%21
Apr+3.0%65%20
May+0.5%60%20
Jun−0.7%50%20
Jul+1.8%65%20
Aug+1.1%45%20
Sep−0.5%35%20
Oct+0.3%50%20
Nov+1.3%60%20
Dec+2.2%55%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1447.3
MFI42.7
ADX30.0
Stochastic %K / %D72.8 / 70.6
Williams %R-21.9
CCI147
TSI / signal-20.3 / -32.4
Chaikin money flow0.03
ATR$0.59
Bollinger width3.1%
Volume vs 20-day avg0.62x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$33.83 (+1.3%)
SMA 50$35.49 (−3.5%)
SMA 200$36.83 (−7.0%)
EMA 21$34.19 (+0.2%)
EMA 50$35.25 (−2.8%)
EMA 200$36.74 (−6.8%)
Bollinger upper$34.36 (−0.3%)
Bollinger lower$33.30 (+2.9%)
Parabolic SAR$33.36 (+2.7%)
Open the live chart, 110+ indicators

About UDR, Inc.

UDR, Inc. (NYSE: UDR), a distinguished S&P 500 company, stands as a premier multifamily real estate investment trust. The company boasts a proven history of generating exceptional and reliable returns for its investors, achieving this through the astute management, acquisition, disposition, development, and redevelopment of appealing real estate properties situated in key U.S. markets. As of September 30, 2020, UDR's extensive portfolio included ownership or partial ownership in 51,649 apartment homes, with an additional 1,031 units currently under development. With over 48 years in operation, UDR has consistently delivered long-term value to its shareholders, provided superior service to its residents, and fostered a high-quality experience for its associates.

https://www.udr.com

Key executives

NameTitlePayBorn
Keith BensonSenior VP & Chief Legal Officer$2.0M1973
David Dooley BraggSenior Vice President & Chief Financial Officer$1.1M1980
Thomas W. ToomeyChairman, President & Chief Executive Officer$923,3181961
Michael D. LacySenior Vice President & Chief Operating Officer$893,1231982
Joshua A. GamppSenior Vice President & Chief Technology Officer—1977
Philip J. CurryVice President of Information & Security——
Shane SummersVice President of Operations, Sourcing & Administration——
Shezelle J. KreiSenior VP & Head of Human Resources——

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Thomas W. Toomey Chairman, President and Chief Executive Officer ​2025$0$0$0$9.4M
Michael D. Lacy Senior Vice President - Chief Operating Officer ​2025$0$0$0$3.4M
David D. Bragg2025$0$0$0$1.9M
Keith Benson2025$0$0$0$1.7M

Employees

1k20181k20191k20201k20211k20221k20231k20241k2025

Dividends

Ex-dateAmountPaid
2026-12-15$0.1452026-12-31
2026-11-16$0.1452026-11-30
2026-10-19$0.1452026-11-02
2026-09-15$0.1452026-09-30
2026-08-17$0.1452026-08-31
2026-07-17$0.1452026-07-31
2026-04-15$0.4352026-04-30
2026-01-12$0.432026-02-02

Moat model

Weak · Efficient Scale · 2026-06-30
Cost advantage46
Intangibles51
Switching costs39
Network effect28
Efficient scale56
Our component scores (0-100) and overall 44.3; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms