UDR posts transcript of Q2 2026 earnings call
Reuters2026/08/03 15:18- UDR’s Q2 2026 earnings call drew CEO Tom Toomey, COO Mike Lacy, CFO Dave Bragg, IR VP Trent Trujillo, Senior Officer Chris Van Ens.
- Q2 FFOA per share $0.64; full-year FFOA midpoint raised to $2.53; Q3 FFOA per share outlook $0.63-$0.65.
- Guidance raised for same-store revenue to 0.75%-2%; Q2 same-store revenue up 1.8% on 2.1% blended lease growth; occupancy mid-96%.
- Strategy shift to let debt and preferred equity book run off; portfolio expected to fall from $380 million to $250-$300 million by year-end; 2026 contribution about $0.10 per share.
- Capital moves included $295 million of dispositions under way; share repurchases of 5,500,000 shares for $200 million; first monthly dividend to start this week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The first major "exam" after the Cook era! Morgan Stanley: Apple's (AAPL.US) autumn launch event is the most important in ten years; the first foldable iPhone may spark a new wave of growth
Morgan Stanley analysts stated that Apple's upcoming "Surprise and Shine" autumn product launch event on September 9 may become the company's most important product release in nearly a decade.
10-Yr Benchmark Govt Yields - Germany vs Other Nations
2-Yr Benchmark Govt Yields - Germany vs Other Nations
10-Yr Benchmark Govt Yields - U.S. vs Other Nations
Crypto prices
More
