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Jun 30, 2021
UDR Q2 2021 Earnings Report
UDR announced second quarter 2021 results and increased full-year 2021 guidance ranges.
Key Takeaways
UDR reported second quarter 2021 results with net income of $0.04 per share and FFO of $0.52 per share, and the company increased full-year 2021 guidance ranges.
Net income attributable to common stockholders was $10.7 million, or $0.04 per share.
The Company’s weighted average SS physical occupancy for the second quarter of 2021 was 97.2 percent.
The Company deployed $405.6 million of capital comprising three community acquisitions and one land site purchase.
The Company entered into forward equity sale agreements at a weighted average initial forward price per share of $49.17 for estimated future proceeds of approximately $425.6 million.
Forward Guidance
For the third quarter of 2021, the Company has established the following earnings guidance ranges. For the full-year 2021, the Company increased its previously provided same-store and earnings guidance ranges
Historical Earnings Impact
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Avg. Return Before/After Earnings
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