UDR (UDR) Expected to Announce Earnings on Wednesday

UDR (NYSE:UDR - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.61 per share and revenue of $421.23 million for the quarter. UDR has set its FY 2025 guidance at 2.450-2.550 EPS and its Q1 2025 guidance at 0.600-0.620 EPS.

UDR (NYSE:UDR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.53. UDR had a return on equity of 2.65% and a net margin of 5.36%. On average, analysts expect UDR to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

UDR Stock Up 0.3 %

Shares of UDR stock traded up $0.13 during mid-day trading on Monday, reaching $41.43. 376,696 shares of the company were exchanged, compared to its average volume of 2,167,501. The company has a market capitalization of $13.72 billion, a P/E ratio of 165.80, a P/E/G ratio of 8.67 and a beta of 0.78. The business's 50 day simple moving average is $42.78 and its 200 day simple moving average is $43.12. The company has a debt-to-equity ratio of 1.71, a quick ratio of 5.91 and a current ratio of 5.61. UDR has a fifty-two week low of $36.61 and a fifty-two week high of $47.55.

UDR Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, April 10th will be given a $0.43 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $1.72 annualized dividend and a dividend yield of 4.15%. This is an increase from UDR's previous quarterly dividend of $0.43. UDR's payout ratio is presently 688.00%.

Analysts Set New Price Targets

A number of research firms recently commented on UDR. Zelman & Associates reiterated a "neutral" rating on shares of UDR in a research note on Thursday, February 13th. Royal Bank of Canada lifted their target price on UDR from $43.00 to $44.00 and gave the stock a "sector perform" rating in a research report on Friday, February 7th. Barclays lowered their price target on UDR from $50.00 to $48.00 and set an "overweight" rating for the company in a report on Friday, January 24th. Mizuho decreased their price objective on shares of UDR from $47.00 to $45.00 and set a "neutral" rating for the company in a report on Monday, January 6th. Finally, Wells Fargo & Company reduced their price target on shares of UDR from $48.00 to $45.00 and set an "overweight" rating on the stock in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $46.12.

Insider Buying and Selling at UDR

In other news, CEO Thomas W. Toomey sold 25,000 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $42.75, for a total value of $1,068,750.00. Following the completion of the transaction, the chief executive officer now directly owns 824,716 shares in the company, valued at $35,256,609. This trade represents a 2.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 3.39% of the stock is owned by corporate insiders.

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.