UDR
UDR, Inc.
UDR's fundamentals are strong and it looks cheap: trading at 17x earnings, less than half its usual 87x. Analysts expect earnings to hold roughly steady.
UDR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
UDR's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like UDR.
UDR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 17x | $36.13 | — |
| Cheap | 28x | $59.60 | +65% |
| Forward | 63x | $36.13 | — |
| Fair | 86x | $183 | +407% |
| Expensive | 159x | $337 | +834% |
Historical ranges are pointers, not guarantees.
UDR's PE is in its cheap range at 17x. On analysts' estimates for next year's earnings, today's price would be 63x.
UDR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect UDR's profitability to improve, with its earnings and revenue holding steady.
UDR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.58 | -73% |
| Q3 2026 | $2.12 | +371% |
| Q2 2026 | $1.57 | +303% |
| Q1 2026 | $1.47 | +308% |
| Q4 2025 | $1.13 | +335% |
| Q3 2025 | $0.45 | +22% |
| Q2 2025 | $0.39 | -4.9% |
| Q1 2025 | $0.36 | -74% |
| Q4 2024 | $0.26 | -81% |
UDR's earnings per share have jumped to their highest in seven years: $2.12 over the past year, up from $0.45 the year before.
UDR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $428.1M | -0.9% |
| Q2 2026 | $425.4M | 0% |
| Q1 2026 | $425.8M | +0.9% |
| Q4 2025 | $433.1M | +2.5% |
| Q3 2025 | $431.9M | +2.8% |
| Q2 2025 | $425.4M | +2.4% |
| Q1 2025 | $421.9M | +2% |
| Q4 2024 | $422.7M | +2.3% |
UDR's revenue grew through 2023 and has held roughly level since: $428M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 63% | +45 points |
| Q2 2026 | 27% | +9 points |
| Q1 2026 | 54% | +25 points |
| Q4 2025 | 64% | +48 points |
| Q3 2025 | 18% | +1.1 points |
| Q2 2025 | 18% | +1.7 points |
| Q1 2025 | 29% | +9.7 points |
| Q4 2024 | 16% | -7.1 points |
UDR's operating margin was 63% last quarter, up 45 points from the same quarter a year ago.
UDR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $134.7M | -18% |
| Q2 2026 | $201.5M | +6% |
| Q1 2026 | $85.3M | -17% |
| Q4 2025 | $192.1M | +7.1% |
| Q3 2025 | $164.6M | +2% |
| Q2 2025 | $190.1M | +11% |
| Q1 2025 | $103.2M | -10% |
| Q4 2024 | $179.4M | +25% |
UDR's free cash flow was $614M over the past year, down 3.7% from the year before. Free cash flow isn't a meaningful measure for real estate companies like UDR.
UDR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +725K shares |
| 1 year | -2.2% | -7.2M shares |
| 3 years | -1.6% | -5.2M shares |
| 5 years | +7.6% | +22.8M shares |
| Available history | +10% | +29.9M shares |
UDR has 324M diluted shares, down 2.2% from a year ago, with $393M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $200.3M |
| Q1 2026 | $100M |
| Q4 2025 | $92.8M |
| Q3 2025 | $25M |
| Q4 2023 | — |
| Q3 2023 | $25M |
| Q4 2022 | $33.9M |
UDR spent $393M buying back its own shares over the past year.
UDR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.7x | Elevated |
| Q2 2026 | 4.8x | High |
| Q1 2026 | 5.6x | High |
| Q4 2025 | 6.4x | High |
| Q3 2025 | 8.4x | High |
| Q2 2025 | 8.4x | High |
| Q1 2025 | 8.6x | High |
| Q4 2024 | 9.1x | High |
UDR's net debt is about 3.7 years of its operating earnings (EBITDA), down from 8.4 years a year ago. Net leverage isn't a meaningful measure for real estate companies like UDR.
UDR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.0 | Neutral |
| Stochastic | 50.6 | Neutral |
UDR's weekly RSI is 49 (neutral) and its Stochastic is 51 (neutral).
UDR PE vs Real Estate Sector
| Metric | UDR | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 24x | 29% below |
| PE % | 0 | 23 | 23 pts below |
UDR is trading at 17x earnings, a 29% discount to the Real Estate sector's median of 24x.
UDR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $35.0 | 3.4% above |
| 20 week MA | $36.7 | 1.6% below |
| 50 week MA | $36.7 | 1.6% below |
| 100 week MA | $38.4 | 6% below |
| 200 week MA | $39.2 | 7.8% below |
UDR has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 7.8% below its 200-week average.
UDR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $46.3 | $37.3 | -19% |
| 2021 | $37.3 | $58.7 | +57% |
| 2022 | $58.7 | $38.8 | -34% |
| 2023 | $38.8 | $38.3 | -1.2% |
| 2024 | $38.3 | $43.4 | +13% |
| 2025 | $43.4 | $36.5 | -16% |
| 2026 YTD | $36.5 | $36.1 | -1% |
UDR has finished lower in four of the last six years. It's down 1% so far in 2026.