UDR, Inc. (UDR)

UDR's stock price has declined in the past six months. Between December 23, 2024, and December 19, 2025, the share price decreased by 17.97%, and over the past 52 weeks, shares declined by 10.4%, underperforming the S&P 500 Index. In December 2025, UDR expanded a joint venture with LaSalle by $230 million. In January 2026, Ellen M. Goitia was appointed to the Board of Directors. Throughout H2 2025, Truist Securities lowered UDR's stock price target to $41, Goldman Sachs maintained a "Sell" recommendation, while Morgan Stanley and UBS maintained "Equal-Weight" and "Buy" recommendations, respectively. In Q2 2025, UDR announced its second-quarter results, updated its full-year guidance, acquired a partner's stake in a Philadelphia community, and commenced a new apartment development in Riverside, CA. In Q1 2025, UDR announced its first-quarter results and reaffirmed its full-year guidance.

Demand for UDR's apartment products and services exhibits seasonality, with a peak leasing season typically occurring in the first quarter. The company anticipates stronger performance in the second half of 2025 as supply pressures in the market are expected to ease. Strong job growth, favorable demographics, and immigration consistently contribute to the demand for rental units nationwide. UDR's ability to maintain high occupancy levels, averaging 96.9% in Q2 2025 and 97.2% in Q1 2025, indicates consistent demand for its apartment communities.

UDR, Inc. is a publicly traded REIT focused on multifamily apartment communities across the United States. The company invests in, owns, operates, acquires, renovates, develops, redevelops, and manages apartments. As of September 30, 2025, UDR owned or had an ownership position in 60,535 apartment homes, with an additional 300 under development. UDR is a significant player in the multifamily REIT sector, ranking as the 15th largest owner and 31st largest manager of apartments in the United States as of August 2025.

UDR's portfolio is diversified across major U.S. metropolitan areas, including Boston, New York, Washington D.C., Tampa, Orlando, Dallas, Austin, Nashville, Denver, Seattle, and several locations in California. In Q1 2024, revenue distribution was approximately 32.5% from the West Coast, 22.7% from the Mid-Atlantic, 17.3% from the Northeast, 14.8% from the Southeast, and 12.7% from the Southwest. The company emphasizes high-barrier-to-entry, high-growth markets, particularly on the coasts, while limiting exposure to New York City's rent-stabilized properties.

UDR has maintained a positive brand reputation, particularly concerning its workplace culture and commitment to sustainability. UDR Inc. was recognized as a 2025 Top Workplace by USA Today and Energage and received Culture Excellence Awards in Employee Appreciation and Professional Development. UDR has been recognized by GRESB as a Sector Leader since 2021, reflecting its ESG program. In 2024, UDR reduced Scope 1 and 2 emissions intensity by 22% since 2020 and procured 29% of its operationally controlled electricity from renewable sources. The company also achieved an associate turnover rate of 20% in 2024, significantly lower than the industry standard.

UDR, Inc.'s ownership is predominantly institutional, with institutional investors holding over 90% of shares. Insider ownership remains under 2%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Cohen & Steers, Inc., State Street Corp, Fmr Llc, Capital Research Global Investors, and Invesco Ltd.