UBS Adjusts Price Target on UDR to $41 From $42, Keeps Buy Rating
UDR (UDR) has an average rating of hold and mean price target of $41.69, according to analysts polled by FactSet.Price: $34.97, Change: $-0.26, Percent Change: -0.72%
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UDR (UDR) has an average rating of hold and mean price target of $41.69, according to analysts polled by FactSet.Price: $34.97, Change: $-0.26, Percent Change: -0.72%
UDR's (UDR) 2026 funds from operations estimate was lowered by Truist due to several non-recurring expenses recorded in Q2, the brokerage said in a Monday note.The investment firm lowered its 2026 FFO estimate to $2.49 per share from $2.50. The estimate remains within management's $2.47 to $2.55 guidance range.Truist raised its 2026 normalized FFO estimate to $2.52 per share from $2.49, excluding other charges. It also raised its 2027 FFO estimate by a penny per share to $2.54 from $2.53. However, the estimate was still below the $2.59 consensus.The investment firm expects UDR's normalized FFO to grow at an average annual rate of 1% over the next five years.Truist maintained a hold rating and lowered its price target to $38 from $41.Price: $35.28, Change: $+0.16, Percent Change: +0.44%
UDR (UDR) has an average rating of Hold and mean price target of $41.95, according to analysts polled by FactSet.Price: $39.55, Change: $-0.02, Percent Change: -0.05%
UDR (UDR) has an average rating of hold and mean price target of $41.70, according to analysts polled by FactSet.Price: $39.74, Change: $-0.02, Percent Change: -0.05%
UDR (UDR) has an average rating of hold and mean price target of $40.75, according to analysts polled by FactSet.Price: $39.82, Change: $-0.01, Percent Change: -0.03%
UDR (UDR) has an average rating of hold and mean price target of $40.60, according to analysts polled by FactSet.
Thomas W Toomey, Director, Chairman, President and Chief Executive Officer, on June 05, 2026, sold 80,000 shares in UDR (UDR) for $3,140,008. Following the Form 4 filing with the SEC, Toomey has control over a total of 810,455 common shares of the company, with 810,455 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/74208/000119569726000006/xslF345X05/f4_a1eus000008zn37mae-live.xml
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We think UDR will be an underperformer versus the S&P 500, and the trust's fundamental outlook is low-single digit growth at best. We keep our $34 target using a forward P/FFO of 13.3x below peer group given its high concentration in Sun Belt markets. We keep our 2026 FFO estimate at $2.55 and lower 2027's by $0.01 to $2.60 on revenue projections of $1.72B and $1.77B, respectively. We think this puts added pressure on UDR's ability to raise rental rates, especially for new leases where incentives like free months are still needed. Renewal leasing also faces some limitations to how much UDR can raise rents as tenants can relocate to competitor housing. Cash NOI outlook is not promising. An important metric to monitor is cash NOI, which takes into account rental revenue less operating expenses that have risen at a faster pace (higher labor, insurance, and property taxes). UDR's 2026 targets are same-store revenue growth of 0.25% to 2.25%, expense growth of 3.00% to 4.50%, and cash NOI growth of -1.00% to 1.25%.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:UDR delivered in-line Q1 2026 adjusted FFO of $0.63 and total rental revenue of $425M (+0.7% Y/Y). Cash NOI declined 0.8% Y/Y as same-store revenue grew 0.9% while expense growth accelerated to 4.4% on continued cost pressures. We see multifamily residential properties as stable amid varying market conditions, benefiting from high demand, easing supply pressures, and the relative affordability of apartments compared to home ownership. UDR guides 2026 FFO at $2.47-$2.57 per share, with same-store revenue growth of 0.25%-2.25%, expense growth of 3.00%-4.50%, and NOI growth of -1.00%-1.25%. Occupancy was 96.6% in Q1, down from 96.9% in Q4 2025, with management highlighting improvement in annualized tenant turnover. All markets were beginning to stabilize on a Q/Q basis, potentially signaling less new supply pressure on rental rates in Sun Belt markets. UDR maintains a manageable debt level with $5.72B outstanding (91% fixed-rate). The company also has $1.1B in liquidity through cash and undrawn credit facilities.