UDR stock holds firm as revenue topped $422.7 million
Published on 08/29/2026 at 08:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
UDR Inc. (US9029011082) traded at $37.18 on August 28, 2026, with a market value of $13.659 billion and a 0.27% daily gain, giving investors a fresh read on a large-cap apartment owner that remains tightly linked to rent growth and occupancy trends.
The latest reported quarter showed revenue of $422.7 million, and same-store net operating income growth of 3.8% provided the key operating comparison for the business model. Those figures matter more than headline sentiment because they show how pricing and portfolio execution are translating into cash flow.
Revenue and rent growth
For the most recent quarter, UDR reported revenue of $422.7 million and same-store NOI growth of 3.8%. That combination points to steady operating leverage rather than a sharp swing in either direction, which is typical for apartment REITs when occupancy stays resilient.
A comparison helps frame the move: the 0.27% rise in the shares was modest next to the scale of the company, while the $13.659 billion market cap anchors the stock in the mid-to-large REIT bucket.
What investors are watching
With UDR tied to multifamily demand across major U.S. markets, the next focus is whether reported rent growth and same-store operating performance can hold after a quarter that already delivered $422.7 million in revenue. For a REIT, that is the number that tends to set the tone for the shares more than broad market noise.
The $37.18 quote on August 28, 2026 sits alongside the $13.659 billion valuation, so the stock is still pricing in a business that is expected to keep producing repeatable operating results rather than one-time gains.
Apartment portfolio driver
UDR's apartment portfolio is the core product, and the latest quarter showed why the model is watched closely: recurring rental income, same-store performance, and portfolio-level growth all feed the earnings profile. Revenue of $422.7 million and same-store NOI growth of 3.8% are the clearest current markers from the report.
Price and valuation
UDR stock closed at $37.18 on August 28, 2026, with a market capitalization of $13.659 billion. The shares ended the session up 0.27%, a small move that still leaves valuation and operating data as the more important story for the next trading day.
Fact box
Company: UDR Inc.
ISIN: US9029011082
Ticker: UDR
Exchange: NYSE
Price (as of August 28, 2026, 12:52 p.m. ET): $37.18 USD
Market cap: $13.659 billion (as of August 28, 2026)
Sector / Industry: Real Estate / Residential REITs
Index membership: S&P 500
More on UDR stock
Apartment REITs like UDR are valued on recurring rent trends, same-store NOI, and balance sheet discipline. The most recent quarter's $422.7 million in revenue and 3.8% same-store NOI growth are the figures that frame that discussion.
