Highlands Ranch, Colorado-based UDR, Inc. (UDR) owns, operates, acquires, develops, redevelops, renovates, and manages apartment communities in high-barrier-to-entry markets. With a market cap of $13.5 billion, UDR operates as one of the most favorably-positioned multi-family apartment REITs in the U.S.
The REIT major is expected to release its second-quarter earnings on Tuesday, Jul. 29. Ahead of the event, analysts expect UDR to report funds from operations as adjusted (FFOA) of $0.62 per share, the same as the FFOA reported in the year-ago quarter. The company has met or surpassed Wall Street’s FFOA estimates in each of the past four quarters.
