UDR Past Earnings Performance

Past criteria checks 4/6

UDR has been growing earnings at an average annual rate of 26.9%, while the Residential REITs industry saw earnings growing at 15.3% annually. Revenues have been growing at an average rate of 8.6% per year. UDR's return on equity is 10%, and it has net margins of 27%.

Key information

26.9%

Earnings growth rate

22.1%

EPS growth rate

Residential REITs Industry Growth	11.1%
Revenue growth rate	8.6%
Return on equity	10.0%
Net Margin	27.0%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How UDR makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:UDR Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	1,671	452	93
31 Dec 23	1,656	440	92
30 Sep 23	1,640	451	88
30 Jun 23	1,625	442	88
31 Mar 23	1,569	100	85
31 Dec 22	1,560	83	86
30 Sep 22	1,507	155	83
30 Jun 22	1,450	150	83
31 Mar 22	1,413	156	81
31 Dec 21	1,405	146	79
30 Sep 21	1,279	55	77
30 Jun 21	1,247	12	73
31 Mar 21	1,242	58	69
31 Dec 20	1,260	60	71
30 Sep 20	1,376	131	71
30 Jun 20	1,362	184	70
31 Mar 20	1,344	162	70
31 Dec 19	1,290	181	67
30 Sep 19	1,083	165	69
30 Jun 19	1,050	157	66
31 Mar 19	1,010	142	64
31 Dec 18	1,042	199	54
30 Sep 18	1,026	186	60
30 Jun 18	1,012	184	60
31 Mar 18	1,000	174	59
31 Dec 17	1,027	118	61
30 Sep 17	971	286	62
30 Jun 17	979	297	61
31 Mar 17	972	305	61
31 Dec 16	964	289	61
30 Sep 16	971	218	66
30 Jun 16	937	204	70
31 Mar 16	913	273	73
31 Dec 15	898	337	69
30 Sep 15	858	236	59
30 Jun 15	840	263	55
31 Mar 15	828	206	53
31 Dec 14	811	151	59
30 Sep 14	803	81	53
30 Jun 14	784	42	53
31 Mar 14	771	17	50
31 Dec 13	759	-3	47
30 Sep 13	733	-14	46
30 Jun 13	730	-24	45

Quality Earnings: UDR has a large one-off gain of $344.1M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: UDR's current net profit margins (27%) are higher than last year (6.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: UDR's earnings have grown significantly by 26.9% per year over the past 5 years.

Accelerating Growth: UDR's earnings growth over the past year (353.1%) exceeds its 5-year average (26.9% per year).

Earnings vs Industry: UDR earnings growth over the past year (353.1%) exceeded the Residential REITs industry -0.6%.

UDR Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS exceeds analyst expectations

UDR, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

UDR, Inc. to Report Q4, 2023 Results on Feb 06, 2024

Third quarter 2023 earnings: EPS misses analyst expectations

UDR, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Recent updates

First quarter 2024 earnings: EPS exceeds analyst expectations

UDR, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024; Reaffirms Earnings Guidance for the Full Year 2024

UDR, Inc. to Report Q1, 2024 Results on Apr 30, 2024

UDR, Inc., Annual General Meeting, May 23, 2024

Upcoming dividend of US$0.42 per share

UDR Inc.: Buy Quality Assets At A Discount

Fourth quarter dividend increased to US$0.42

UDR, Inc. Announces Retirement of Harry G. Alcock, Senior Vice President and Chief Investment Officer, Effective July 31, 2024

New minor risk - Shareholder dilution

Consensus EPS estimates fall by 13%

Full year 2023 earnings: EPS exceeds analyst expectations

UDR, Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal Year 2024

New minor risk - Shareholder dilution

UDR, Inc. to Report Q4, 2023 Results on Feb 06, 2024

UDR's 'B' Property Exposure Leaves Shares Fully Valued

Upcoming dividend of US$0.42 per share at 4.4% yield

Chairman & CEO recently sold US$1.7m worth of stock

UDR, Inc. Declares Dividend for the Fourth Quarter of 2023, Payable on January 31, 2024

New minor risk - Shareholder dilution

UDR: Short-Term Ugly, Long-Term Beautiful

Insufficient new directors

Udr, Inc. Updates Earnings Guidance for the Full Year 2023

Third quarter 2023 earnings: EPS misses analyst expectations

UDR, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Upcoming dividend of US$0.42 per share at 4.7% yield

UDR: Buy The Drop On This Unloved Dividend Stock

UDR, Inc. Declares Regular Quarterly Cash Dividend on Its Common Stock for the Third Quarter of 2023, Payable on October 31, 2023

New minor risk - Shareholder dilution

Consensus EPS estimates fall by 18%

Consensus EPS estimates increase by 184%

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS exceeds analyst expectations

Udr, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Udr, Inc. Provides Earnings Guidance for the Third Quarter of 2023

UDR Looks Nice For Income Investors

UDR, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of US$0.42 per share at 3.9% yield

Now 21% undervalued

UDR, Inc. Declares Regular Quarterly Cash Dividend on its Common Stock for the Second Quarter of 2023, Payable on July 31, 2023

Now 21% undervalued after recent price drop

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.42 per share at 4.3% yield

Full year 2022 earnings: EPS exceeds analyst expectations

UDR, Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2023

UDR declares $0.38 dividend

UDR: Buy High Quality At A Discount

UDR, Inc. to Report Q4, 2022 Results on Feb 06, 2023

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.38 per share

UDR, Inc. Declares Quarterly Dividends, Payable on January 31, 2023

UDR declares $0.38 dividend

Advanced Real Estate Services Inc. acquire 90-unit Foxborough Apartments from UDR, Inc. (NYSE:UDR) for $41.49 million.

Chairman & CEO recently sold US$809k worth of stock

Consensus forecasts updated

Consensus forecasts updated

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

UDR, Inc. Revises Earnings Guidance for the Full Year 2022

UDR, Inc. to Report Q3, 2022 Results on Oct 26, 2022

Upcoming dividend of US$0.38 per share

UDR, Inc. Declares Common Dividend for the Third Quarter of 2022, Payable on October 31, 2022

Judge Allows Young Black Former Tenant's Discrimination Claims Against UDR to Advance

UDR: This Apartment REIT Is On The Up And Up

Consensus forecasts updated

UDR, Inc. Provides Earnings Guidance for the Third Quarter of 2022

Second quarter 2022 earnings: EPS misses analyst expectations

UDR, Inc. to Report Q2, 2022 Results on Jul 26, 2022

UDR Appoints Patsy Doerr to Senior Vice President – Chief ESG and People Officer

Upcoming dividend of US$0.38 per share

UDR: A Durable Multi-Family REIT With A Reliable Payout

Revenue & Expenses Breakdown
Beta