UDR

UDR, Inc.

UDR, Inc. is a S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. marke… UDR, Inc. is a S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of June 30, 2026, UDR owned or had an ownership position in 60,259 apartment homes, including 685 apartment homes under development. For over 54 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates. UDR, Inc. was incorporated in 1972 in Maryland, and is based in Highlands Ranch, Colorado.
Market price
USD 37.01
Within modeled range
Base value (DCF (trailing free cash flow)) is 33.7% below the market price
Data: Price updated 06 Nov 2026 09:57; TTM through 30 Sep 2026, period ended 30 Sep 2026 from EODHD (downloaded 21 h ago). Last earnings: 02 Nov 2026
Verdict

Priced within the modelled range

PriceUSD 37.01
Fair value range12.07–48.26base 24.55
Estimate reliabilityLow
5-year outlook–

5-year outlook: Not shown because confidence is low: Free-cash-flow DCF is somewhat apart.

Why: Dividends are a large share of earnings, so the cash paid to shareholders is the best guide to value.

Details and the full model are below.

DCF (trailing free cash flow)

Market price within modeled range

Showing the DCF (trailing free cash flow) you selected on the company card, using 3.52% growth, 2.3% terminal growth and 9% discount. The range varies these assumptions slightly; it is illustrative, not investment advice.

Assumptions: growth 3.52%, discount rate 9%, terminal growth 2.30% (sector defaults). See a worked example.

Blended growth assumption: 3.5% (sector default 5.1%, own revenue history 4.1%, analyst revenue consensus 2.4%).

Analyst consensus expects revenue growth of 2.4% a year; the growth assumption used is 3.5%.

Adjust assumptions

Show the recommended model instead

Why this model: Dividends are a large share of earnings, so the cash paid to shareholders is the best guide to value.

Compare models
  • Recommended: Dividend discount model — USD 40.32 (+8.9%)
  • EPS-based Gordon proxy — USD 32.89 (-11.1%)
    Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
  • DCF (trailing free cash flow) — USD 24.55 (-33.7%)
    Not used: Not chosen: Dividend discount model ranks ahead of it for this company.
  • FCFF (steady state) — USD 22.36 (-39.6%)
    Not used: Assumes only the long-run terminal growth rate from today, so it ignores the near-term growth expected.
  • EV/EBITDA (12x) — USD 38.99 (+5.3%)
    Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
  • Fade DCF (10-year growth fade) — USD 24.47 (-33.9%)
    Not used: An alternative growth path (fading over 10 years) shown for comparison; the automatic choice does not use it.
  • EV/Sales (Rule of 40) — USD 60.96 (+64.7%)
    Not used: Used only for technology and communication companies whose cash-flow value is far below the price.
Illustrative range / share USD 12.07–48.26
Base scenario / share USD 24.55
Margin of safety (share of value) Priced for base-to-bull outcomes
Bear USD 12.07-206.7%
Base USD 24.55-50.8%
Bull USD 48.2623.3%

Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.

Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.

Price history and fair value

No chartable saved daily price history is available for this range. The chart uses stored EODHD prices only and will appear after history is saved.

More detail: quality, peers, price history, dividends and financials

Quality score: 82 / 100

Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.

Profitability5 of 5 years profitable20 / 20
Cash generationfree cash flow positive in 5 of 5 years20 / 20
Growthrevenue +3.1% a year12 / 20
Balance sheetnet debt 3.8x EBITDA10 / 20
MarginsEBITDA margin 90%20 / 20

Peers in Real Estate

Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.

CompanyPriceMargin of safetyP/EP/BYieldQuality
UDR (this company) USD 37.01 8.2% 17.2 3.8 7.1% 82
HST Host Hotels & Resorts USD 24.63 44.2% 16.4 2.6 3.9% 100
ARE Alexandria Real Estate Equities USD 45.17 23.7% – 0.5 7.8% 44
VMRK Vivmark Residential USD 65.25 22.5% 28.6 2.4 4.2% 82
VICI Vici Properties USD 25.21 6.2% 11.8 1.0 7.0% 80
UTG.L Unite Group PLC GBP 4.95 -3.3% 24.9 0.5 6.3% 68
DLN.L Derwent London Plc GBP 19.57 -4.9% 13.6 0.6 4.1% 60
WDP.BR Warehouses De Pauw SA EUR 19.33 -5.5% 11.9 0.9 6.2% 80
DOC Healthpeak Properties USD 20.12 -7.6% 35.7 1.8 6.1% 76
Peer median 16.4 0.9

Dividends

Paid in the last 12 months: USD 1.45 per share · yield 3.90% at the current price.

YearDividends per share
2026 (so far)1.445
20251.715
20241.695
20231.640
20221.503
20211.449
Sector Real Estate
Exchange NASDAQ
Currency USD

Trailing 12-month financials

TTM through 30 Sep 2026 · quarterly EODHD data · data downloaded 05 Nov 2026 16:07

RevenueUSD 1,712,435,000
EBITDAUSD 1,547,343,000
EBITUSD 886,060,000
Net incomeUSD 697,862,000
Free cash flowUSD 863,110,000
Capital expendituresUSD 420,725,000
DebtUSD 5,936,337,000
CashUSD 1,184,000
Working capitalUSD -400,152,000
Shares outstanding324,012,000
Reported dividends per shareUSD 2.6404