UDR stock: UDR raises 2026 guidance. Baird sets USD 40.00 target for UDR stock

Published on 10/24/2026 at 01:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Same-store revenue grew 1.80 percent in the third quarter of 2026. November 2 earnings are next for UDR stock after preliminary results.

Guidance and operating context

UDR raised full-year 2026 net income guidance to USD 1.58-1.60 per share on October 21, 2026.
Same-store revenue grew 1.80 percent in the third quarter of 2026.
UDR stock was last at USD 35.84 at 4:00 p.m. ET on October 23, 2026.

Moderne Apartmentanlage mit Pool, Palmen und mehrstöckigen Wohngebäuden im Abendlicht — UDR Inc. (US9029011082) besitzt moderne Apartmentanlagen mit Pool und Grünflächen in US-Großstädten heute, Illustration mit AI erstellt.

UDR Inc. (ISIN US9026531049) raised its full-year 2026 guidance after preliminary third-quarter net income reached USD 0.67 per diluted share on October 21, 2026, according to Yahoo Finance. Robert W. Baird maintained a Buy rating with a USD 40.00 price target on October 20, 2026, as reported by Markets Insider.

Guidance widens the earnings gap

UDR lifted full-year net income guidance to USD 1.58-1.60 per diluted share from USD 1.03-1.11. The midpoint rose by USD 0.52, while full-year FFO as Adjusted guidance moved to USD 2.54-2.56 from USD 2.49-2.57. The release also put preliminary third-quarter FFO as Adjusted at USD 0.65 per diluted share, the top of the prior USD 0.63-0.65 range.

Three dates frame the update

On October 14, 2026, UDR appointed Scott McCallum as chief investment officer effective November 5, 2026, according to Business Wire. On October 20, Baird set its USD 40.00 target, and on October 21, UDR raised guidance to USD 1.58-1.60 per share.

What does the update mean?

The operating picture is steadier than the net income jump suggests. Same-store revenue rose 1.80 percent year over year in the third quarter of 2026, while expenses increased 2.20 percent and same-store net operating income grew 1.60 percent. Physical occupancy stood at 96.50 percent and effective blended lease rate growth reached 2.00 percent. The release attributed much of the net income improvement to real estate gains, including a USD 190.07 million net gain on the sale of depreciable real estate.

Next earnings date is set

UDR will release final third-quarter results after the market closes on November 2, 2026, and hold its webcast and conference call on November 3, 2026, according to StockTitan. That report will show whether the preliminary figures and the raised outlook carry through to finalized accounts.

NYSE price remains below target

UDR was last at USD 35.84 on the NYSE on October 23, 2026 at 4:00 p.m. ET. The structured market data placed its market capitalization at USD 11.5 billion and its 52-week range at USD 32.94-42.00 as of October 23, 2026. The next test is the November 2 earnings release, particularly the balance between same-store cost growth and rental income.

The further course of trading is shown by the continuously updated real-time quote of UDR stock.