What is UDR, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on UDR, Inc.'s reported free cash flow gives $22.11 per share. The share price was $33.84 on September 25, 2026, 53% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 1.5% | 10.0% | $7.41 | -78% |
| Base | 6.5% | 9.0% | $22.11 | -35% |
| Bull | 11.5% | 8.0% | $51.42 | +52% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $32.97 | $36.28 | $40.34 | $45.40 | $51.91 |
| 8.0% | $24.86 | $27.01 | $29.55 | $32.60 | $36.33 |
| 9.0% | $18.94 | $20.41 | $22.11 | $24.09 | $26.43 |
| 10.0% | $14.43 | $15.48 | $16.66 | $18.01 | $19.58 |
| 11.0% | $10.88 | $11.65 | $12.51 | $13.47 | $14.56 |
Where the presets come from
Base: years 1 to 5 grow at UDR, Inc.'s revenue growth rate over the last 5 fiscal years (6.6% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions