UDR, Inc. (NYSE:UDR – Free Report) – Equities researchers at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for shares of UDR in a research report issued on Monday, September 4th. Zacks Research analyst N. Dass now expects that the real estate investment trust will post earnings of $0.66 per share for the quarter, down from their prior forecast of $0.67. The consensus estimate for UDR’s current full-year earnings is $2.49 per share.
A number of other analysts also recently weighed in on the company. Wolfe Research downgraded UDR from an “outperform” rating to a “peer perform” rating and set a $71.00 target price for the company. in a research report on Monday, May 15th. JPMorgan Chase & Co. reduced their target price on shares of UDR from $49.00 to $44.00 and set an “overweight” rating on the stock in a report on Monday, August 21st. Morgan Stanley increased their target price on shares of UDR from $45.00 to $46.00 and gave the company an “overweight” rating in a report on Wednesday, July 19th. Piper Sandler boosted their target price on UDR from $45.00 to $46.00 in a research note on Friday, July 28th. Finally, Truist Financial raised UDR from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a research note on Monday, August 28th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $47.03.
UDR Stock Performance
NYSE:UDR opened at $39.12 on Thursday. The business has a 50 day moving average of $40.83 and a 200 day moving average of $41.00. The company has a market capitalization of $12.89 billion, a price-to-earnings ratio of 29.19, a PEG ratio of 2.12 and a beta of 0.77. UDR has a 1-year low of $37.18 and a 1-year high of $48.33. The company has a debt-to-equity ratio of 1.33, a current ratio of 5.60 and a quick ratio of 5.60.
Institutional Trading of UDR
Large investors have recently bought and sold shares of the company. Clear Street Markets LLC boosted its position in UDR by 96.1% during the 1st quarter. Clear Street Markets LLC now owns 606 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 297 shares in the last quarter. Bank of New Hampshire bought a new position in UDR in the second quarter worth $26,000. International Assets Investment Management LLC raised its holdings in UDR by 6,400.0% in the first quarter. International Assets Investment Management LLC now owns 975 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 960 shares in the last quarter. Disciplined Investments LLC bought a new position in UDR in the second quarter worth $43,000. Finally, Mcmillion Capital Management Inc. bought a new position in UDR in the second quarter worth $63,000. 91.68% of the stock is owned by institutional investors.
UDR Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Monday, July 10th were issued a $0.42 dividend. The ex-dividend date of this dividend was Friday, July 7th. This represents a $1.68 annualized dividend and a yield of 4.29%. UDR’s dividend payout ratio (DPR) is presently 125.37%.
About UDR
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.
Read More
- Five stocks we like better than UDR
- What is a Stock Market Index and How Do You Use Them?
- These 3 Wood Stocks are about to go on Discount
- How to Invest in Mining Stocks
- Same Coin, Different Sides: 2 Observability Stocks Reverse Ways
- How to Invest in Cannabis, Step by Step
- 3 Stocks Awaiting Winter Winds of Opportunity
Receive News & Ratings for UDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UDR and related companies with MarketBeat.com's FREE daily email newsletter.