UDR Q1 2025 net income per share rises to $0.23; full-year guidance reaffirmed
UDR reported first-quarter 2025 results, with net income per diluted share of $0.23 versus $0.13 a year earlier and total revenue of $421.9 million, up 2.0% year over year. FFO per diluted share was $0.58, down from $0.60, while FFO as Adjusted per diluted share was flat at $0.61, and the company reaffirmed its full-year 2025 guidance ranges. The filing also says UDR will start a search for a new chief financial officer, which may matter to shareholders as a leadership change.
Key points
- Net income per diluted share was $0.23 in Q1 2025 versus $0.13 in Q1 2024; FFO per diluted share was $0.58 versus $0.60.
- Same-Store revenue grew 2.6% and NOI grew 2.8% year over year in Q1 2025; Same-Store physical occupancy was 97.2%.
- Full-year 2025 FFO as Adjusted per diluted share guidance of $2.45 to $2.55 was reaffirmed; Q2 2025 FFO guidance is $0.61 to $0.63.
- UDR will search for a new CFO; Joe Fisher will keep the roles of President and Chief Investment Officer once a CFO is hired.
The filing
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 April 30, 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.