---
schema_version: "secwatch.filing_event.v1"
accession: "0000074208-24-000005"
form_type: "8-K"
ticker: "UDR"
cik: "0000074208"
company_name: "UDR, Inc."
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:43:01.796596+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# UDR reports Q4 FFO $0.61/share (miss guidance), FY 2024 SS NOI guidance -1.75%-1.75%

## Summary
- Q4 net income $0.10/diluted share (in-line); FFO $0.61 (vs guide $0.62-$0.64); AFFO $0.54 (vs guide $0.56-$0.58).
- Full-year 2023 FFO $2.45/share (at low end of $2.45-$2.47 guide); FFOA $2.47; AFFO $2.21.
- Q4 same-store NOI growth 2.3% YoY (straight-line basis); FY 2024 guidance for SS NOI growth -1.75% to 1.75%.
- Acquired One Upland ($114.3M) and sold The Arbory ($78.6M); agreed to sell Crescent Falls Church ($100M), expected Q1 2024 close.
- Consolidated Oakland JV after developer exit; recorded $24.3M non-cash loss ($0.07/diluted share).

## SEC filing metadata
- accession: 0000074208-24-000005
- form_type: 8-K
- ticker: UDR
- cik: 0000074208
- company_name: UDR, Inc.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/74208/000007420824000005/0000074208-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74208/000007420824000005/udr-20240206x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074208-24-000005
- JSON: https://secwatch.observer/filing/0000074208-24-000005.json
- Plain text: https://secwatch.observer/filing/0000074208-24-000005.txt

## Key facts
- Earnings Releases
  UDR, Inc. reported fourth quarter 2023 results: EPS $0.10. Guidance initiated.
  - Period: fourth quarter 2023
  - EPS: $0.10
  - Guidance: initiated
  - Result: reported results
  source text: Quarter Ended December 31 Metric 4Q 2023 Actual 4Q 2023 Guidance 4Q 2022 Actual $ Change vs. Prior Year Period % Change vs. Prior Year Period Net Income per diluted share $0.10 $0.08 to $0.10 $0.13 $(0.03) (23)%
  evidence_url: https://www.sec.gov/Archives/edgar/data/74208/000007420824000005/0000074208-24-000005-index.htm
- Earnings Releases
  UDR, Inc. reported fiscal year ended December 31, 2023 results: EPS $1.34. Guidance initiated.
  - Period: fiscal year ended December 31, 2023
  - EPS: $1.34
  - Guidance: initiated
  - Result: reported results
  source text: Full-Year (“FY”) Ended December 31 Metric FY 2023 Actual FY 2023 Guidance FY 2022 Actual $ Change vs. Prior Year Period % Change vs. Prior Year Period Net Income per diluted share $1.34 $1.32 to $1.34 $0.26 $1.08 415%
  evidence_url: https://www.sec.gov/Archives/edgar/data/74208/000007420824000005/0000074208-24-000005-index.htm

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