UDR · 8-K · 20261021PR000081

Guidance / Outlook

UDR, Inc. · 2026-10-21 · Importance 95 · Surprise 100 · In source text

UDR raised its 2026 full-year net income guidance to $1.58–$1.60 per diluted share, from $1.03–$1.11, and FFOA guidance to $2.54–$2.56, from $2.49–$2.57. The updated midpoints are $1.59 for net income, up $0.52, and $2.55 for FFOA, up $0.02; FFO guidance midpoint is $2.49, down $0.02. For full-year same-store results, the updated midpoint growth estimates are 1.6% for revenue, 2.9% for expenses, and 1.0% for NOI. Third-quarter preliminary FFOA was $0.65 per diluted share, at the high end of the $0.63–$0.65 outlook range.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
net_incomepositivecommitted—UDR raised its full-year 2026 Net Income per diluted share guidance from $1.03–$1.11 to $1.58–$1.60, with an updated midpoint of $1.59, up…
net_incomepositivecommitted—UDR raised its full-year 2026 FFOA per diluted share guidance from $2.49–$2.57 to $2.54–$2.56, with an updated midpoint of $2.55, up $0.02.
net_incomenegativecommitted—UDR’s full-year 2026 FFO per diluted share guidance was $2.48–$2.50, with a midpoint of $2.49, down $0.02 from prior guidance.
net_incomeunclearcommitted—UDR expects fourth-quarter 2026 Net Income per diluted share of $0.13–$0.15.
net_incomeunclearcommitted—UDR expects fourth-quarter 2026 FFO per diluted share and unit of $0.63–$0.65.
net_incomeunclearcommitted—UDR expects fourth-quarter 2026 FFO as Adjusted per diluted share and unit of $0.63–$0.65.
revenuepositivecommitted—UDR’s 2026 full-year midpoint same-store revenue growth outlook is 1.6%, up 22.5 basis points from prior guidance.
operating_incomepositivecommitted—UDR’s 2026 full-year midpoint same-store expense growth outlook is 2.9%, down 35 basis points from prior guidance.
operating_incomepositivecommitted—UDR’s 2026 full-year midpoint same-store NOI growth outlook is 1.0%, up 37.5 basis points from prior guidance.