UDR Q2 FY26 net income per share more than doubled to $0.21; revenue flat year over year at $425.4 million

Reuters2026/07/27 20:24

By:Reuters

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UDR posted 2Q 2026 net income of $73.66 million; diluted EPS rose to $0.21 from $0.11 a year earlier.
FFO per diluted share edged down to $0.60 from $0.61; FFO as adjusted per diluted share held at $0.64.
Revenue was flat at $425.4 million; same-store revenue rose 1.8% year over year while same-store NOI increased 1.4%.
Repurchased 5,500,000 shares for $200.3 million at an average price of $36.49; expanded authorization leaves 25,500,000 shares remaining.
Raised full-year 2026 FFO as adjusted guidance to $2.49-$2.57 per share; began monthly dividends at $0.145 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UDR Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260726611735) on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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UDR Q2 FY26 net income per share more than doubled to $0.21; revenue flat year over year at $425.4 million

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