06:45 PM EDT, 11/01/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lower our target price by $5 to $39 applying a narrower equity risk premium and a forward P/FFO of 15.0x that is right in line with the peer average for multi-family residential REITs. We raise our FFO estimates in 2025 by $0.05 to $2.55 and increase 2026's by $0.05 to $2.60 per share on revenue projections of $1.71B in '25 and $17.8B in '26. UDR post Q3 2025 adjusted FFO of $0.65 that was $0.02 better than consensus. UDR is guiding for Q4 2025 FFO at $0.63-$0.65 per share. Full-year 2025 FFO is forecasted to be $2.44-$2.46 with same-store rental revenue guidance at 2.2%-2.6%, expense growth at 2.4%-3.1%, and cash NOI at 2.0%-2.5%. Despite uncertainties surrounding macroeconomic conditions, UDR is confident it can deliver on financial guidance. Growth outlook remains a challenge, in our view, and the share price reflects a dividend yield of 5.1%, the highest of direct peers. We believe $1.0 in total liquidity can meet working capital, development pipeline, and debt payment obligations.