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UDR Inc.

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Shares of UDR outperformed the Zacks categorized REIT – Equity Trust – Residential industry over the past three months. With a superior portfolio in the targeted U.S. markets and disciplined capital allocation, UDR is well poised for growth. Moreover, focus on enhancing portfolio through expansion in core markets and sale of non-core ones should support momentum. Also, the company’s first-quarter 2017 FFO as adjusted per share grew 4.7% year over. This was backed by 3.8% year-over-year growth in total revenue stemmed by increased revenues from same-store properties and stabilized, non-mature communities. However, new supply and elevated concession levels are likely to make the market choppy in the near term. Additionally, rate hike adds to the company’s woes.


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