UDR said Q4 FFOA per diluted share was $0.63, flat with the prior-year period, and full-year FFOA per diluted share was $2.48, up $0.01 from $2.47 in the prior year.

1. 01

   UDR said Q4 FFOA per diluted share was $0.63, flat with the prior-year period, and full-year FFOA per diluted share was $2.48, up $0.01 from $2.47 in the prior year.

2. 02

   The company recorded a non-cash loan reserve of $37.3 million, or approximately $0.10 per diluted share, related to its joint venture loan investment in 1300 Fairmount in Q4. It added that in 2025 it expects to record approximately $8.0 million less income from this investment compared to 2024.

3. 03

   UDR said Q4 Same-Store NOI grew 2.1% year-over-year. The company provided 2025 Same-Store NOI growth guidance of 0.50% to 3.00%, with a midpoint of 1.75%.

4. 04

   As of December 31, 2024, UDR said total debt was $5.8 billion and it held approximately $1.1 billion in liquidity through a combination of cash and undrawn capacity on its credit facilities. The company announced a 2025 annualized dividend per share of $1.72, representing a 1.2% increase over the 2024 annualized dividend per share.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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