UDR Stock: Is UDR Underperforming the Real Estate Sector?

Company Overview - UDR, Inc. is a leading multifamily real estate investment trust (REIT) managing, acquiring, and developing apartment communities in major U.S. cities, owning over 60,000 apartment homes [1] - Founded in 1972, UDR has a strong reputation for consistent performance and innovation in urban housing, headquartered in Highlands Ranch, Colorado, with a market capitalization of $12.39 billion [2] Stock Performance - UDR's stock has faced pressure from the broader REIT market and high interest rates, dropping to a 52-week low of $36.61 in April, but has since increased by 2.5% from this low; however, it has declined by 9.4% over the past three months [3] - Over the past 52 weeks, UDR's stock has declined by 19.1% and 13.6% year-to-date (YTD), while the Real Estate Select Sector SPDR Fund has dropped 6.4% over the same period but gained 3.3% YTD [4] Financial Results - On July 30, UDR reported its second-quarter results for fiscal 2025, with total revenues increasing by 2.4% year-over-year (YOY) to $425.40 million, exceeding Wall Street analysts' expectations of $422.20 million [5] - The funds from operations as adjusted (FFOA) grew by 3.2% from the prior year's period to $0.64 per share, also higher than the expected $0.62 per share; despite these results, UDR's stock dropped 2% intraday on July 30 and 1.3% on July 31 [6]