UDR Inc (N:UDR)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: Suite 200, 1745 Shea Center Drive
HIGHLANDS RANCH CO 80129
Tel: 1-720-2836135
Website: https://www.udr.com
IR: See website
<
Key People
Thomas W. Toomey
Chairman of the Board, Chief Executive Officer
Joseph D. Fisher
President, Chief Financial Officer
Harry G. Alcock
Senior Vice President, Chief Investment Officer
Michael D. Lacy
Senior Vice President - Property Operations
   
Business Overview
UDR, Inc. is a self-administered real estate investment trust (REIT). The Company owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. The Company's consolidated real estate portfolio consists of approximately 168 communities located in 21 markets, consisting of 55,550 completed apartment homes. In addition, the Company has an ownership interest in 10,045 completed or to-be-completed apartment homes through unconsolidated joint ventures or partnerships, including 5,618 apartment homes owned by entities in which it holds preferred equity investments. It operates through two segments: Same-Store Communities and Non-Mature Communities/Other. Its Same-Store Communities segment includes communities, which were acquired, developed, and stabilized. Its Non-Mature Communities/Other segment includes communities that do not meet the criteria to be included in Same-Store Communities.
Financial Overview
For the fiscal year ended 31 December 2023, UDR Inc revenues increased 7% to $1.63B. Net income applicable to common stockholders increased from $82.5M to $439.5M. Revenues reflect NAREIT FFO - Per Share - Basic - Total increase of 11% to $2.46, NAREIT FFO - Per Share - Diluted - Total increase of 11% to $2.45, Joint venture management and other fees increase of 36% to $6.8M.
Employees: 1,397 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $18,115M as of Dec 31, 2023
Annual revenue (TTM): $1,628M as of Dec 31, 2023
EBITDA (TTM): $975.76M as of Dec 31, 2023
Net annual income (TTM): $439.51M as of Dec 31, 2023
Free cash flow (TTM): -$199.03M as of Dec 31, 2023
Net Debt Last Fiscal Year: $5,796M as of Dec 31, 2023
Shares outstanding: 329,329,213 as of Mar 25, 2024
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.