UDR sees 2026 profit below estimates as expenses mount
Feb 9 (Reuters) - Multifamily real estate investment trust UDR UDR.N on Monday forecast 2026 profit and adjusted funds from operations below Wall Street estimates, as it anticipates expenses to outpace rental revenue.
The REIT expects a full-year profit per share between 45 and 55 cents, compared to $1.13 in 2025, and analysts' expectations of 59 cents, according to data compiled by LSEG.
On a same-store basis, UDR estimates 2026 revenue growth of 0.25% to 2.25%, compared to a rise of 2.4% during the previous year. It expects expenses to be up 3% to 4.5%, higher than a rise of 2.6% in 2025.
The REIT, which owns and manages more than 60,000 apartment homes in the U.S., sees full-year adjusted FFO per share at a midpoint of $2.52, lower than analysts' estimates of $2.55.
It reported adjusted funds from operations of 64 cents per share for the fourth quarter, in line with estimates.
Related Articles
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion Tre
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
USD Dollar Trend Forecast: Dollar Index Falls Below 97.0 to 4-Year Low, Will the Dollar Continue To Fall or Bottom Out in 2026?
TradingKey - In January 2026, the US Dollar Index continued its downward trend from 2025, officially breaking below the key 97.0 level and reaching a low of 95.5, marking a nearly four-year low since February 2022.
