Shares of UDR, Inc. (NYSE:UDR – Get Free Report) have received an average recommendation of “Hold” from the seventeen analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $44.94.
A number of brokerages have recently commented on UDR. JPMorgan Chase & Co. raised their target price on shares of UDR from $43.00 to $50.00 and gave the stock an “overweight” rating in a research report on Monday, September 16th. BNP Paribas began coverage on shares of UDR in a research report on Wednesday, September 11th. They set an “outperform” rating and a $49.00 target price on the stock. Scotiabank raised their target price on shares of UDR from $45.00 to $49.00 and gave the stock a “sector perform” rating in a research report on Monday, September 16th. Wells Fargo & Company raised their target price on shares of UDR from $41.00 to $48.00 and gave the stock an “overweight” rating in a research report on Monday, August 26th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of UDR from $40.00 to $44.00 and gave the stock a “hold” rating in a research report on Tuesday, September 10th.
View Our Latest Stock Report on UDR
Institutional Investors Weigh In On UDR
UDR Stock Down 0.2 %
Shares of NYSE UDR opened at $43.52 on Friday. The company has a debt-to-equity ratio of 1.57, a current ratio of 5.82 and a quick ratio of 5.82. The company has a market cap of $14.35 billion, a P/E ratio of 106.15, a PEG ratio of 9.62 and a beta of 0.85. UDR has a 1 year low of $30.95 and a 1 year high of $47.55. The firm has a 50-day simple moving average of $44.73 and a two-hundred day simple moving average of $41.54.
UDR (NYSE:UDR – Get Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.53). The firm had revenue of $415.30 million during the quarter, compared to the consensus estimate of $413.75 million. UDR had a return on equity of 3.70% and a net margin of 8.34%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.61 EPS. Research analysts anticipate that UDR will post 2.47 earnings per share for the current year.
UDR Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 10th will be paid a $0.425 dividend. The ex-dividend date is Thursday, October 10th. This represents a $1.70 annualized dividend and a yield of 3.91%. UDR’s dividend payout ratio (DPR) is 414.64%.
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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