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UDR Inc (UDR.N)

UDR.N on New York Stock Exchange

42.01USD
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

UDR Priced Public Offering Of 7.15 Mln Shares For Estimated Proceeds Of About $300 Mln
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - UDR Inc ::UDR ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK.SAYS OFFERING 7.15 MILLION COMMON SHARES.HAS PRICED PUBLIC OFFERING OF 7.15 MILLION SHARES OF COMMON STOCK FOR ESTIMATED PROCEEDS OF ABOUT $300 MILLION.  Full Article

Udr announces public offering of common stock
Monday, 3 Dec 2018 

Dec 3 (Reuters) - UDR Inc ::UDR ANNOUNCES PUBLIC OFFERING OF COMMON STOCK.UDR INC - EXPECTS TO USE NET PROCEEDS FROM OFFERING FOR PLANNED ACQUISITIONS OF ASSETS, WORKING CAPITAL AND GENERAL CORPORATE PURPOSES.UDR INC - AGREED TO SALE OF 7,150,000 SHARES OF ITS COMMON STOCK IN AN UNDERWRITTEN PUBLIC OFFERING.  Full Article

UDR Q3 FFO Per Share $0.49
Monday, 29 Oct 2018 

Oct 29 (Reuters) - UDR Inc ::UDR ANNOUNCES THIRD QUARTER 2018 RESULTS AND INCREASES FULL-YEAR GUIDANCE RANGES.Q3 FFO PER SHARE $0.49.Q3 REVENUE $266.1 MILLION VERSUS I/B/E/S VIEW $258.8 MILLION.QTRLY AFFO PER SHARE WAS $0.44.QTRLY FFO AS ADJUSTED PER SHARE WAS $0.49.Q3 FFO PER SHARE VIEW $0.49 -- THOMSON REUTERS I/B/E/S.SEES FOR FULL-YEAR 2018 AFFO PER SHARE $1.79 TO $1.80.QTRLY YEAR-OVER-YEAR SAME-STORE REVENUE, EXPENSE & NET OPERATING INCOME GROWTH FOR QUARTER WERE 3.8 PERCENT, 3.5 PERCENT AND 3.9 PERCENT, RESPECTIVELY.FY2018 FFO PER SHARE VIEW $1.94 -- THOMSON REUTERS I/B/E/S.SEES FOR FY 2018 FFO PER SHARE BETWEEN $1.92 TO $1.93.SEES FY 2018 FFO AS ADJUSTED PER SHARE $1.95 TO $1.96.  Full Article

UDR Inc Says Co Entered Into Restated Credit Agreement For A $1.1 Bln Senior Revolving Credit Facility
Monday, 1 Oct 2018 

Oct 1 (Reuters) - UDR Inc ::UDR INC - ON SEPT 27, CO ENTERED INTO RESTATED CREDIT AGREEMENT FOR A $1.1 BILLION SENIOR REVOLVING CREDIT FACILITY & $350 MILLION SENIOR UNSECURED TERM LOAN.UDR INC - REVOLVING CREDIT FACILITY HAS SCHEDULED MATURITY DATE OF JANUARY 31, 2023, WITH TWO SIX-MONTH EXTENSION OPTIONS.UDR - AGREEMENT INCLUDES ACCORDION FEATURE ALLOWING COMMITMENTS UNDER CREDIT FACILITY, TOTAL BORROWINGS UNDER TERM LOAN TO BE INCREASED UP TO $2 BILLION.UDR INC - TERM LOAN HAS A SCHEDULED MATURITY DATE OF SEPTEMBER 30, 2023 - SEC FILING.UDR INC - CREDIT AGREEMENT AMENDS AND RESTATES CO'S CREDIT AGREEMENT DATED OCT 20, 2015.UDR INC - ON SEPT 27, CO BORROWED $350 MILLION UNDER TERM LOAN TO PAY OUTSTANDING BALANCE UNDER TERM LOAN IN PRIOR CREDIT AGREEMENT.  Full Article

UDR Q2 FFO Per Share $0.49
Monday, 30 Jul 2018 

July 30 (Reuters) - UDR Inc ::UDR ANNOUNCES SECOND QUARTER 2018 RESULTS AND INCREASES FULL-YEAR GUIDANCE RANGES.Q2 FFO PER SHARE $0.49.Q2 REVENUE $259.7 MILLION VERSUS I/B/E/S VIEW $253.3 MILLION.INCREASED FULL-YEAR 2018 EARNINGS AND SAME-STORE GROWTH GUIDANCE.QTRLY FFO AS ADJUSTED PER SHARE WAS $0.49.INCREASED FFO PER SHARE GUIDANCE BY $0.005 AT MIDPOINT TO $1.92 TO $1.95 FOR FY 2018.INCREASED FFOA AND AFFO PER SHARE GUIDANCE BY $0.015 AT MIDPOINTS, TO $1.93 TO $1.96 AND $1.78 TO $1.81, RESPECTIVELY FOR 2018.YEAR-OVER-YEAR SAME-STORE REVENUE GROWTH FOR QUARTER WERE 3.4 PERCENT.INCREASED SAME-STORE REVENUE, EXPENSE AND NOI GROWTH GUIDANCE RANGES BY 25 BASIS POINTS AT MIDPOINTS TO 3.0 TO 3.5 PERCENT FOR 2018.SEES Q3 FFO PER SHARE $0.48 TO $0.50.SEES Q3 AFFO PER SHARE $0.43 TO $0.45.SEES FFO AS ADJUSTED PER SHARE $0.48 TO $0.50 FOR Q3 2018.Q2 REVENUE VIEW $253.3 MILLION -- THOMSON REUTERS I/B/E/S.Q2 FFO PER SHARE VIEW $0.48 -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $1.02 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 FFO PER SHARE VIEW $1.93 -- THOMSON REUTERS I/B/E/S.QTRLY AFFO PER COMMON SHARE AND UNIT, DILUTED $ 0.45.QTRLY YEAR-OVER-YEAR SAME-STORE REVENUE, EXPENSE AND NET OPERATING INCOME GROWTH WERE 3.4 PERCENT, 2.9 PERCENT AND 3.5 PERCENT, RESPECTIVELY.  Full Article

UDR Appoints CEO And President Thomas W. Toomey As Chairman Of The Board
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Udr Inc ::UDR APPOINTS CHIEF EXECUTIVE OFFICER AND PRESIDENT THOMAS W. TOOMEY AS CHAIRMAN OF THE BOARD AND JAMES D. KLINGBEIL AS LEAD INDEPENDENT DIRECTOR.UDR INC - TOOMEY SUCCEEDS JAMES KLINGBEIL.  Full Article

UDR Prices $300 Mln Of 3.50 Pct Senior Unsecured Notes Due 2028
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - UDR Inc ::UDR PRICES $300 MILLION OF 3.50% SENIOR UNSECURED NOTES DUE 2028 AND ANNOUNCES REDEMPTION OF ALL OUTSTANDING 4.25% SENIOR NOTES DUE 2018.UDR INC - ‍NOTES WERE PRICED AT 99.601% OF PRINCIPAL AMOUNT, PLUS ACCRUED INTEREST FROM DECEMBER 13, 2017 TO YIELD 3.547% TO MATURITY​.UDR INC - ‍NOTES WILL MATURE ON JANUARY 15, 2028​.UDR INC - ‍IT WILL REDEEM ALL $300 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS OUTSTANDING 4.25% SENIOR NOTES DUE JUNE 1, 2018​.UDR INC - ‍EXPECTS TO USE NET PROCEEDS OF OFFERING FOR REPAYMENT OF DEBT, INCLUDING FUNDING REDEMPTION OF 4.25% SENIOR NOTES​.UDR INC - ‍AS RESULT OF REDEMPTION CO EXPECTS TO INCUR A ONE-TIME CHARGE OF ABOUT $3.0 MILLION - $3.5 MILLION TO NET INCOME & FUNDS FROM OPERATIONS IN Q4 2017​.  Full Article

UDR Q3 FFO per share $0.46
Monday, 30 Oct 2017 

Oct 30 (Reuters) - UDR Inc ::UDR announces third quarter 2017 results.Q3 revenue $251.1 million versus i/b/e/s view $247.6 million.Q3 adjusted FFO per share $0.43.Q3 FFO per share $0.46.Q3 FFO per share view $0.47 -- Thomson Reuters I/B/E/S.UDR Inc - ‍revised full-year 2017 earnings and same-store growth guidance​.UDR Inc - ‍reduced fy 2017 ffo per share guidance range by $0.01 at midpoint, to $1.83 to $1.85​.Fy2017 FFO per share view $1.86 -- Thomson Reuters I/B/E/S.UDR Inc - ‍increased fy 2017 ffoa, affo per share guidance ranges by $0.01 at midpoints, to $1.86 to $1.88 and $1.71 to $1.73, respectively​.UDR Inc - ‍in Q3, same-store NOI increased 3.0 percent year-over-year​.  Full Article