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AI brief of an SEC Form 8-K · UDR (UDR)

UDR swings to Q4 loss on $37.3 million loan reserve; sets 2025 FFOA guidance

Mixed Impact 4 of 5 earnings Written later

UDR reported fourth-quarter 2024 net loss per diluted share of $(0.02), compared with $0.10 a year earlier, and FFOA per diluted share of $0.63, flat year over year. The results include a $37.3 million non-cash loan reserve tied to a joint venture loan, and the company set full-year 2025 FFOA guidance of $2.45 to $2.55 per diluted share, which compares with $2.48 in 2024.

Key points

  • Q4 2024 net income per diluted share was $(0.02), versus $0.10 in Q4 2023; FFO per diluted share was $0.48, below the $0.61 to $0.63 guidance range.
  • Q4 2024 FFOA per diluted share was $0.63, flat year over year and above the $0.62 to $0.64 guidance range.
  • Full-year 2025 FFOA guidance is $2.45 to $2.55 per diluted share, versus $2.48 in 2024; the loan reserve is expected to reduce 2025 FFOA by about $0.02 per diluted share.
  • The board set a 2025 annualized dividend of $1.72 per share, a 1.2% increase, and the company will search for a new chief financial officer.

The filing

CompanyUDR (UDR)
Form8-K, current report
Filed with the SECFeb 5, 2025, 4:20 PM ET
Accession number0000074208-25-000007

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.