UDR reports flat revenue, raises 2026 FFOA and same-store guidance
Filed with the SEC on · Summarized by InvestorsBot
UDR reported second-quarter 2026 net income of $0.21 per diluted share, FFO of $0.60 and FFO as Adjusted of $0.64, while same-store revenue rose 1.8%, NOI increased 1.4% and physical occupancy was 96.6%. The company raised its full-year FFOA guidance to $2.49-$2.57 per share, lifted same-store revenue growth guidance to 0.75%-2.00% and NOI growth guidance to 0%-1.25%, repurchased about 5.5 million shares for $200.3 million, and began paying a $0.145 monthly dividend in July 2026.