UDR, Inc. (UDR)

In the past six months, UDR's stock price has experienced fluctuations and analyst rating changes. As of June 16, 2025, the share price was $41.16, an increase of 2.03% from June 17, 2024. Truist Securities and Zelman & Assoc downgraded UDR. Various institutional investors made strategic moves with their shares. UDR's fourth-quarter and full-year 2024 FFOA per share and Same-Store results met or exceeded guidance. On June 23, 2025, UDR announced the appointment of Dave Bragg as Chief Financial Officer, effective July 24, 2025.

Demand for UDR's apartment homes exhibits seasonality, with seasonal lows in new lease growth typically occurring in the fourth quarter and into the first quarter of the new year. Market rents tend to stabilize after sequential growth through mid-June. A slowdown that began in mid-September 2023 brought weaker traffic, lower leasing volume, and decelerated new lease rate growth, with concession-heavy dynamics expected to continue through the fourth quarter of 2023 and into 2024.

UDR, Inc. is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation, and development of multifamily apartment communities across the United States. Founded in 1972, UDR focuses on luxury and market-rate apartment homes in high-barrier-to-entry markets with strong growth potential. As of March 31, 2025, UDR owned or had an ownership position in 60,047 apartment homes, including 300 under development.

UDR's diversified portfolio is spread across 21 to 22 coastal and Sunbelt markets in the U.S., including West Coast, Mid-Atlantic, Northeast, Southeast, and Southwest markets. Key markets include Washington, D.C., Orange County, the San Francisco Bay Area, New York, Seattle, Denver, Tampa, Orlando, Nashville, and Dallas. The company's real estate assets are primarily concentrated in the western, Mid-Atlantic, and northeastern areas of the U.S.

UDR has a long-standing reputation for delivering shareholder value and quality service to residents. The company is recognized as a formidable player in the REIT space and is committed to ESG initiatives, including being named a 2023 GRESB Sector Leader. Increased concessionary activity and elevated supply have put pressure on lease growth and occupancy, particularly in A- and B-quality communities.

UDR, Inc. has significant institutional ownership, with over 1,085 institutional owners and shareholders holding over 363 million shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Cohen & Steers, Inc., State Street Corp, Capital Research Global Investors, Fmr Llc, Invesco Ltd., Norges Bank, Daiwa Asset Management Co., Ltd., Charles Schwab Investment Management Inc., UBS Asset Management Americas Inc., JPMorgan Chase & Co., Sumitomo Mitsui Trust Holdings Inc., APG Asset Management US Inc., and Alliancebernstein L.P.