UDR Reports Q3 2026 Results and Raises Full-Year Guidance
UDR, Inc. reported its third-quarter 2026 financial results, showing an increase in net income per diluted share to $0.67 compared to $0.12 in the prior-year period. Driven by better-than-expected operational results and FFOA, the company raised its full-year 2026 guidance ranges for net income and FFOA per diluted share. Shareholders also benefited from the close of a strategic $2.0 billion joint venture with Apollo and ongoing share repurchases.
Key points
- Net income per diluted share was $0.67 for the third quarter ended September 30, 2026, compared to $0.12 in 2025.
- Full-year 2026 FFOA per diluted share guidance was updated to a range of $2.54 to $2.56, with a midpoint of $2.55.
- Closed a $2.0 billion strategic partnership with Apollo on October 30, 2026, receiving $1.34 billion of equity capital.
- Repurchased approximately 5.2 million common shares through October for $185.1 million.
The filing
Written by AI on Nov 3, 2026, 8:16 AM ET, from this filing only.
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.