UDR

Baron Real Estate Income Fund said it increased its position in UDR, citing early signs of a multi-year recovery in multifamily fundamentals driven by favorable supply-demand dynamics, rental affordability versus for-sale housing, and attractive public valuations. The fund highlighted improving growth, rising dividends and potential valuation normalization as reasons for a more constructive stance after a cautious 2025. UDR shares have lagged recently, but Baron expects continued improvement in key markets through 2027. » Więcej na finance.yahoo.com

UDR’s stock hit a 52-week high of $41.60 and is currently trading at $41.37, about 1% below the peak. Year-to-date the shares are up 14.4%, and the total return on an annual basis is 4.89%; the dividend history stretches back 47 years, with a yield of 4.25%. For Q1 2026 UDR reported EPS of $0.57 (forecast $0.11) on revenue of $425.85 million, slightly below expectations; at the same time the buyback program was increased by 25 million shares to about 30 million shares (>$1 billion). RBC raised its price target to $38.00 but kept the “sector perform” rating, while an InvestingPro analysis classifies the stock as overvalued. » Więcej na de.investing.com

UDR reported Q1 2026 net income per share of $0.57 (vs. $0.23), driven mainly by property sale gains of $157.4m. Higher operating costs weighed on Same‑Store NOI, which fell 0.8% year‑over‑year, while FFO as Adjusted rose only moderately by 2% to $0.62 per share. Management carried out capital recycling with disposals of $362m and share repurchases of $150m and announced monthly dividends beginning July 2026. The FFO guidance for 2026 remains unchanged, but net income guidance was raised due to the disposals; the stock reacted only mildly to the results. » Więcej na de.investing.com