UDR is a self-administered real estate investment trust, or REIT, that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. At December 31, 2025, our consolidated real estate portfolio consisted of 165 communities located in 21 markets, consisting of 55,240 completed apartm…
$39.76
$0.81 (-2.00%)
EOD Jul 17, 2026
32.33% operating margin is above average. ROIC at 5.90%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 4.8%, steady but not accelerating.
At 27x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Net debt of $6.00B represents 9.2x FCF, leverage limits flexibility.
27.0x earnings, 20.8x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$1.72B
▲ +4.8% YoY
Net Income (TTM)
$491M
▲ +321.6% YoY
Op. Margin
38.52%
▲ +14.9pp YoY
ROIC
7.14%
▲ +3.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$632M
▲ +3.7% YoY
Op. Cash Flow (TTM)
$875M
▲ +3.0% YoY
Net Debt
$5.84B
Cash & Equiv.
$1M
5Y CAGR: +6.7%
5Y CAGR: +8.1%
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At a P/E of 27.0 and a price-to-free-cash-flow of 20.8, UDR (UDR) trades above a two-stage DCF intrinsic value of about $20.90 per share, so at $39.76 the stock looks overvalued (47.4% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, UDR scores 82/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 4.3%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $20.90 per share for UDR, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $15.68. At today's $39.76, that puts the stock about 47.4% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
UDR scores 82 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 38.5% operating margin and a 7.1% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, UDR pays a regular dividend of about $1.72 per share per year (typically in quarterly installments), a yield of roughly 4.3% at the current price. That is a payout ratio of about 115.8% of earnings, so the dividend is stretched at this level. UDR has grown the dividend at roughly 7.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For UDR's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. UDR currently trades above its estimated intrinsic value and scores 82/100 on quality (high-quality). It also yields about 4.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.