UDR, Inc. (NYSE:UDR – Free Report) – Research analysts at Wedbush lowered their FY2025 earnings estimates for UDR in a report released on Monday, February 10th. Wedbush analyst R. Anderson now anticipates that the real estate investment trust will post earnings of $2.50 per share for the year, down from their previous forecast of $2.54. The consensus estimate for UDR’s current full-year earnings is $2.51 per share. Wedbush also issued estimates for UDR’s FY2026 earnings at $2.61 EPS.
UDR has been the topic of several other research reports. Evercore ISI upped their target price on shares of UDR from $43.00 to $45.00 and gave the stock an “in-line” rating in a research note on Monday. Zelman & Associates reiterated a “neutral” rating on shares of UDR in a research note on Thursday. Mizuho dropped their target price on shares of UDR from $47.00 to $45.00 and set a “neutral” rating on the stock in a research note on Monday, January 6th. StockNews.com upgraded shares of UDR from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. Finally, Wells Fargo & Company dropped their target price on shares of UDR from $48.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, UDR has a consensus rating of “Hold” and a consensus target price of $46.12.
UDR Trading Up 1.4 %
Shares of NYSE UDR opened at $43.16 on Wednesday. The firm’s 50 day moving average price is $42.51 and its 200-day moving average price is $43.48. The company has a market cap of $14.24 billion, a PE ratio of 172.62, a P/E/G ratio of 11.72 and a beta of 0.88. UDR has a 52-week low of $34.61 and a 52-week high of $47.55. The company has a debt-to-equity ratio of 1.71, a quick ratio of 5.91 and a current ratio of 1.32.
UDR (NYSE:UDR – Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.63 EPS for the quarter, topping the consensus estimate of $0.10 by $0.53. UDR had a net margin of 5.36% and a return on equity of 2.65%.
Institutional Trading of UDR
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CANADA LIFE ASSURANCE Co increased its holdings in UDR by 5.2% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 491,066 shares of the real estate investment trust’s stock valued at $21,301,000 after buying an additional 24,492 shares during the last quarter. Investure LLC increased its stake in shares of UDR by 19.9% in the fourth quarter. Investure LLC now owns 493,909 shares of the real estate investment trust’s stock worth $21,441,000 after purchasing an additional 81,999 shares in the last quarter. Farringdon Capital Ltd. purchased a new stake in shares of UDR in the fourth quarter worth $219,000. Evergreen Capital Management LLC increased its stake in shares of UDR by 5.0% in the fourth quarter. Evergreen Capital Management LLC now owns 125,764 shares of the real estate investment trust’s stock worth $5,459,000 after purchasing an additional 5,969 shares in the last quarter. Finally, Canada Post Corp Registered Pension Plan purchased a new stake in shares of UDR in the fourth quarter worth $145,000. 97.84% of the stock is owned by hedge funds and other institutional investors.
UDR Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 9th were issued a dividend of $0.425 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.70 dividend on an annualized basis and a yield of 3.94%. UDR’s dividend payout ratio is currently 680.00%.
UDR Company Profile
UDR, Inc (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S.
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