UDR, Inc. (UDR)

In July 2025, UBS maintained a "Buy" rating on UDR, and Evercore ISI Group upgraded its outlook from "In-Line" to "Outperform". In June 2025, UDR announced the appointment of Dave Bragg as Chief Financial Officer. In April 2025, UDR announced its first-quarter 2025 results and reaffirmed its full-year 2025 guidance ranges. In March 2025, Truist Securities downgraded its outlook for UDR from "Buy" to "Hold". In February 2025, Zelman & Assoc downgraded their outlook for UDR from "Outperform" to "Neutral". In October 2024, UDR's shares outperformed the market due to declining interest rates and stabilizing apartment rents. In August 2024, UDR raised its full-year guidance for FFOA per share and same-store growth due to strong first-half results, robust housing demand, and improved resident retention.

Demand for UDR's apartment rentals exhibits seasonal patterns, with summer months typically leading to a deceleration in rental growth between Q2 and Q3. July blended lease rate growth is expected to be in the mid-2% range, slightly higher than June results. Occupancy tends to trend slightly lower in July due to elevated new supply and typical seasonal operating trends. UDR strategically builds occupancy during the seasonally slower leasing period, which helps drive revenue and net operating income (NOI) performance.

UDR, Inc. is a multifamily real estate investment trust (REIT) that focuses on the acquisition, management, development, redevelopment, and operation of apartment communities across the United States. The company operates in the Real Estate sector, specifically within the REITs industry, generating revenue through residential property leases. As of March 31, 2025, UDR owned or had an ownership position in 60,047 apartment homes, with an additional 300 under development.

UDR's geographic footprint spans across the East Coast, West Coast, and Sunbelt regions of the United States. The majority of the company's real estate assets are located in the western, Mid-Atlantic, and northeastern areas of the U.S. Urban markets such as metropolitan Washington D.C., New York City, Orange County, California, and San Francisco account for a significant portion of UDR's real estate property portfolio value. Other notable locations include Boston, Los Angeles, Richmond, and Denver.

UDR, Inc. has maintained a positive brand reputation, being named a 2025 Top Workplaces winner in the Real Estate Industry for the second consecutive year. UDR has been recognized by USA Today and The Denver Post as a 2025 Top Workplace and has received Culture Excellence Awards. UDR has shown improved resident retention, with annualized resident turnover improving by more than 4% since the implementation of their Customer Experience Project in 2023. UDR has been recognized as a Sector Leader by GRESB and named to Newsweek's list of America's Most Responsible Companies for the third consecutive year in 2024.

UDR, Inc. is primarily owned by institutional shareholders, who hold approximately 91.51% of the stock. Insiders own about 1.32%, and retail investors hold approximately 7.18%. As of July 11, 2025, UDR has 1,089 institutional owners and shareholders. Vanguard Group Inc. is the largest individual UDR shareholder, owning 51.02 million shares, representing 15.40% of the company.