---
schema_version: "secwatch.filing_event.v1"
accession: "0000074208-23-000063"
form_type: "8-K"
ticker: "UDR"
cik: "0000074208"
company_name: "UDR, Inc."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:10:31.625917+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# UDR Q3 FFOA $0.63 meets low end of guidance; cuts FY 2023 outlook

## Summary
- Q3 FFOA $0.63 per share ($0.62-$0.64 guidance; $0.60 YoY); AFFO $0.55 vs $0.56-$0.58 guidance.
- Same-store NOI +6.1% YoY, revenue +5.3%, expense +3.4% (straight-line concessions).
- FY 2023 FFO per share midpoint lowered to $2.46 from $2.50; AFFO to $2.24 from $2.26.
- Acquired 1,753-home Texas portfolio for ~$402.2M (previously announced).
- Repurchased 0.6M shares at $40.13 avg price for $25.0M in Q3.

## SEC filing metadata
- accession: 0000074208-23-000063
- form_type: 8-K
- ticker: UDR
- cik: 0000074208
- company_name: UDR, Inc.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74208/000007420823000063/0000074208-23-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74208/000007420823000063/udr-20231026x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074208-23-000063
- JSON: https://secwatch.observer/filing/0000074208-23-000063.json
- Plain text: https://secwatch.observer/filing/0000074208-23-000063.txt

## Key facts
- Earnings Releases
  UDR, Inc. reported the quarter ended September 30, 2023 results: net income $0.10, EPS $0.10 per diluted share. Guidance lowered.
  - Period: the quarter ended September 30, 2023
  - Net income: $0.10
  - EPS: $0.10 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: On October 26, 2023, UDR, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/74208/000007420823000063/0000074208-23-000063-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.