UDR's Q1 results show growth in revenues from same-store communities.
With underlying asset categories and the location of properties playing a crucial role in determining REITs' performance, not all players in the space are equally poised to excel or fall behind in Q1.
UDR's Q1 results are likely to gain from elevated demand as a result of favorable demographics and household formation. However, rising supply might partially mar the positives.
Solid dividend payouts are the biggest attraction for REIT investors and UDR is consistent in this. The new dividend marks its 182nd successive quarterly dividend payout on its common stock.
United Dominion Realty Trust (UDR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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UDR's Q4 results benefited from increased revenues from same-store communities.
UDR's Q4 results are likely to gain traction from elevated demand as a result of favorable demographics and job growth. However, rising supply might partially mar the positives.
Mid-America Apartment's (MAA) Q4 results reflect growth in same-store property net operating income (NOI) and rise in average effective rent per unit for same-store portfolio.
AvalonBay Communities' (AVB) Q4 results reflect growth in average rental rates. Economic occupancy also managed to increase in the quarter. The company announced a hike in quarterly dividend.
Equity Residential's (EQR) Q4 results reflect enhanced same-store and lease up NOI. Occupancy remained high and average rental rate moved up amid steady rental demand.
Despite elevated supply, UDR's focus on enhancing portfolio through expansion in core markets and sale of non-core ones is anticipated to support its momentum.