UDR (UDR) stock
Real Estate · Multi-Family Residential REITs
UDR (UDR) is a Multi-Family Residential REITs company in the Real Estate sector, headquartered in Highlands Ranch, Colorado. As of October 23, 2026, UDR closed at $35.84, a market capitalization of $13.17 billion, the 468th largest company in the S&P 500. Over the last twelve months it generated $1.77 billion in revenue (-0% year over year) and $629.42 million in free cash flow. The stock trades at 22.7x trailing earnings and 64.0x forward earnings.
- 1-year total return: +2.7% (dividends reinvested)
- 5-year return: -4.5% a year
- 52-week range: $32.94 – $42.00
- Gross margin 66.6%, operating margin 20.2%
- Dividend yield: 4.85%, 16 straight years of increases
- FI Handbook report card: C- across 10 metrics
- 26th largest of 30 Real Estate stocks in the S&P 500
UDR price chart
1Y price change: -1.3% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| UDR | +6.5% | +1.7% | +2.7% | +6.0% | -4.5% | +4.4% | +11.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1980.
UDR key statistics
- Market cap
- $13.2B
- #468 in S&P 500
- P/E (TTM)
- 22.7x
- Forward P/E
- 64.0x
- EPS (TTM)
- $1.58
- Revenue (TTM)
- $1.8B
- -0%
- Free cash flow
- $629.4M
- Gross margin
- 66.6%
- Operating margin
- 20.2%
- Return on equity
- 13.7%
- Dividend yield
- 4.85%
- 52-week range
- $32.94 – $42.00
- Beta
- 0.71
- Price / sales
- 7.5x
- EV / EBITDA
- 17.7x
- Debt / equity
- 1.56x
- Employees
- 1,420
UDR report card
C-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth-0.1%F
- Gross margin66.6%A
- Operating margin20.2%B
- FCF margin35.6%A
- Return on equity13.7%C
- Net debt / EBITDA5.8xF
- Forward P/E64.0xF
- PEG ratio8.2xF
- Shareholder yield5.7%A
- Share count change / yr2.3%F
UDR financials
Revenue went from $11.4M in fiscal 2016 to $11.4M in fiscal 2025, shrinking 0.0% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.4M | $11.5M | $11.8M | $14.1M | $5.1M | $6.1M | $5.0M | $6.8M | $8.3M | $11.4M |
| Operating income | $400.8M | $227.9M | $354.7M | $221.1M | $249.1M | $268.0M | $250.8M | $635.0M | $284.6M | $553.6M |
| Net income | $292.7M | $121.6M | $203.1M | $185.0M | $64.3M | $150.0M | $86.9M | $444.4M | $89.6M | $377.7M |
| EPS (diluted) | $1.08 | $0.44 | $0.74 | $0.63 | $0.20 | $0.48 | $0.26 | $1.34 | $0.26 | $1.13 |
| Free cash flow | $532.1M | $517.5M | $555.8M | — | — | — | — | — | — | — |
| Buybacks | — | — | $20.0M | — | $19.8M | — | $49.0M | $25.0M | — | $117.8M |
| Dividends paid | $308.9M | $327.8M | $342.2M | $383.1M | $419.4M | $433.8M | $483.6M | $539.9M | $558.5M | $567.9M |
| Diluted shares | 267.3M | 268.8M | 269.5M | 286.0M | 294.9M | 301.7M | 322.7M | 329.1M | 330.1M | 331.1M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into UDR?
A reverse DCF asks what growth the current price requires. With an enterprise value of $19.2B and $629.4M of trailing free cash flow, UDR needs to grow free cash flow about 21.3% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 10.8% a year over the last five years.
P/E ratio history
Current 31.7x vs. median 60.6x (10th–90th percentile 27.1x–184.4x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
UDR dividend
- Dividend yield
- 4.85%
- Annual dividend
- $1.74
- Years of increases
- 16
- 5-yr dividend growth
- 3.8%
- per year
- Payout ratio
- 109%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
UDR analyst price targets
21 analysts' average 12-month target is $39.64 (+11% vs. $35.84). Targets range from $35.00 to $45.00. 41% rate it a buy.
UDR earnings
Next report: November 2, 2026. UDR has beaten EPS estimates 3 quarters in a row. Last quarter's revenue was $425.4M (0% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 27, 2026 | $0.13 | $0.21 | +61.0% |
| Apr 29, 2026 | $0.13 | $0.48 | +269.7% |
| Feb 9, 2026 | $0.16 | $0.67 | +331.6% |
| Oct 29, 2025 | $0.13 | $0.12 | -6.3% |
| Jul 30, 2025 | $0.13 | $0.07 | -49.4% |
| Apr 30, 2025 | $0.11 | $0.18 | +67.3% |
| Feb 5, 2025 | $0.03 | $0.03 | -8.3% |
| Oct 30, 2024 | $0.10 | $0.08 | -15.5% |
Stocks like UDR
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 VMRK Vivmark Residential | -0.85% | +4% | $48.8B | 24.1x | Compare |
 ESS Essex Property Trust | -1.45% | +10% | $19.2B | 43.3x | Compare |
 MAA Mid-America Apartment Communiti | -1.15% | -6% | $14.2B | 35.0x | Compare |
 CPT Camden Property Trust | -0.72% | +1% | $11.8B | 33.7x | Compare |
 WELL Welltower | -0.03% | +37% | $171.0B | 106.4x | Compare |
 PLD Prologis | -0.17% | +4% | $122.9B | 28.1x | Compare |
 EQIX Equinix | +0.25% | +17% | $94.2B | 61.5x | Compare |
 AMT American Tower Corporation (REI | +4.08% | +3% | $88.1B | 26.0x | Compare |
UDR news
- UDR (UDR) Could Be 11% Undervalued Following Its Guidance Reset · Oct 25, 2026
- Can UDR (UDR) Stay Undervalued After Its $2b Joint Venture? · Oct 25, 2026
- What to Expect From UDR's Q3 2026 Earnings Report · Oct 22, 2026
- UDR and Apollo Form $2B Apartment Venture · Oct 21, 2026
- UDR, Inc. Raises Full-Year 2026 Guidance Ranges and Provides Preliminary Third Quarter 2026 Results · Oct 21, 2026
UDR stock FAQ
What is UDR's market cap?
UDR's market capitalization is $13.17 billion as of October 23, 2026, ranking 468th in the S&P 500.
What is UDR's P/E ratio?
UDR trades at a trailing price-to-earnings ratio of 22.7x and a forward P/E of 64.0x. Its median P/E over the period we track is 60.6x.
Does UDR pay a dividend?
Yes. UDR pays $1.74 per share a year, a 4.85% yield. It has raised its dividend 16 years in a row. Dividends grew 3.8% a year over the last five years.
How much has UDR stock returned?
Including reinvested dividends, UDR returned +2.7% over one year, -4.5% a year over five years, +4.4% a year over ten years through October 23, 2026.
Is UDR stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies UDR must grow free cash flow about 21% a year for the next decade. Its free cash flow grew 11% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the UDR price target?
21 analysts cover UDR with an average 12-month price target of $39.64, +11% from the current price. 41% of them rate it a buy.
When does UDR report earnings?
UDR is expected to report earnings on November 2, 2026. It has beaten EPS estimates 3 quarters in a row.
How many employees does UDR have?
UDR has about 1,420 full-time employees, or $1.2 million of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology