secwatch.observer — SEC 8-K summary
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Issuer:     UDR, Inc. (UDR)
CIK:        0000074208
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0000074208-26-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UDR Q1 EPS $0.57 beats guidance; raises FY net income outlook; shifts to monthly dividend
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- Q1 2026 net income per diluted share $0.57 vs guidance $0.11-$0.13 and prior-year $0.23; FFO $0.63 vs $0.61-$0.63 guidance.
- Same-store revenue +0.9% YoY, NOI -0.8% YoY; expense growth 4.4% outpaced revenue.
- Closed $362M in apartment sales (1,159 units); repurchased 2.8M shares for $100M in Q1 and 1.4M more post-quarter.
- Raised full-year 2026 net income guidance to $0.91-$1.01 from $0.45-$0.55; FFO guidance to $2.48-$2.58.
- Will become first residential REIT to pay monthly common stock dividends starting July 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74208/000007420826000045/0000074208-26-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74208/000007420826000045/udr-20260429x8k.htm
  HTML page:      https://secwatch.observer/filing/0000074208-26-000045

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