UDR Q2 FY26 net income per share more than doubled to $0.21; revenue flat year over year at $425.4 million - UDR News | RalliesUDR Q2 FY26 net income per share more than doubled to $0.21; revenue flat year over year at $425.4 million
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UDR• Second-quarter results
- UDR posted 2Q 2026 net income of $73.66 million; diluted EPS rose to $0.21 from $0.11 a year earlier.
- FFO per diluted share edged down to $0.60 from $0.61; FFO as adjusted per diluted share held at $0.64.
- Revenue was flat at $425.4 million; same-store revenue rose 1.8% year over year while same-store NOI increased 1.4%.
Capital returns and guidance
- UDR repurchased 5,500,000 shares for $200.3 million at an average price of $36.49; expanded authorization leaves 25,500,000 shares remaining.
- The company raised full-year 2026 FFO as adjusted guidance to $2.49-$2.57 per share.
- UDR began monthly dividends at $0.145 per share.
