8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
UDR raises 2026 guidance after third-quarter FFOA meets expectations
Filed with the SEC on · Summarized by InvestorsBot
UDR reported third-quarter 2026 net income of $0.67 per diluted share, FFO of $0.62 and FFOA of $0.65, while same-store revenue and NOI rose 1.8% and 1.6% year over year, respectively, at 96.5% occupancy. The company raised its full-year 2026 guidance to $1.58-$1.60 for net income, $2.48-$2.50 for FFO and $2.54-$2.56 for FFOA per diluted share, and closed a $2.0 billion Apollo partnership on October 30 that provided $1.34 billion of equity capital for 19 communities totaling 7,059 homes.