UDR stock gained 1.68 percent as BMO kept its Buy rating

Published on 10/07/2026 at 01:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BMO Capital set a USD 38.00 target on October 5, 2026, while MarketBeat lists a Hold consensus at USD 40.97. Q2 revenue was USD 425.4 million.

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UDR Inc. (ISIN US9026531049) closed at USD 33.83 on the NYSE on October 5, 2026, gaining 1.68 percent as BMO Capital kept a Buy rating and set a USD 38.00 price target. The stock remains below its 52-week high of USD 42.00, leaving the next earnings report as the next quantified checkpoint.

BMO sets a USD 38 target

According to Markets Insider on October 5, 2026, BMO Capital analyst John Kim maintained a Buy rating and set a USD 38.00 target. The target stands USD 4.17 above the October 5 closing price, a 12.3 percent premium.

The broader analyst picture is more restrained. MarketBeat lists a Hold consensus based on 17 analysts, with a USD 40.97 average target, a USD 38.00 low and a USD 46.00 high. Its average target is 21.1 percent above USD 33.83.

Q2 revenue stayed flat

UDR reported USD 425.4 million of revenue for Q2 2026, unchanged from Q2 2025, while net income rose to USD 68.0 million from USD 36.0 million. The comparison comes from Financial Report Insights analysis of the quarter ended June 30, 2026.

For a residential REIT, adjusted FFO offers a cleaner operating reference than GAAP net income because property-sale gains can distort the latter. Adjusted FFO per share was USD 0.64 in Q2 2026, unchanged year over year, while same-store NOI increased 1.4 percent. The same analysis said total FFOA fell 2.4 percent to USD 222.0 million as UDR sold properties and repurchased shares.

Stock stays below yearly high

UDR's latest market capitalization was USD 10.9 billion on October 6, 2026. The 52-week range was USD 32.94 to USD 42.00, placing the October 5 close USD 8.17 below the yearly high and USD 0.89 above the low.

The operating trade-off is clear: stable-property income improved, but portfolio sales reduced total operating earnings while buybacks supported the per-share result. UDR's next reported quarter will show whether same-store NOI growth can continue to offset that shrinking asset base.

UDR stock closes at USD 33.83

UDR stock closed at USD 33.83 on October 5, 2026, with the NYSE session change at plus 1.68 percent. The market capitalization was USD 10.9 billion as of October 6, 2026.