Wedbush Estimates UDR's FY2025 Earnings (NYSE:UDR)

UDR, Inc. (NYSE:UDR - Free Report) - Stock analysts at Wedbush raised their FY2025 EPS estimates for shares of UDR in a report released on Monday, May 5th. Wedbush analyst R. Anderson now anticipates that the real estate investment trust will earn $2.53 per share for the year, up from their prior forecast of $2.50. The consensus estimate for UDR's current full-year earnings is $2.51 per share.

UDR (NYSE:UDR - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $0.61 EPS for the quarter, meeting the consensus estimate of $0.61. The firm had revenue of $419.84 million during the quarter, compared to the consensus estimate of $421.23 million. UDR had a return on equity of 2.65% and a net margin of 5.36%. The firm's revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.61 EPS.

A number of other research analysts have also issued reports on UDR. Barclays dropped their price target on shares of UDR from $50.00 to $48.00 and set an "overweight" rating on the stock in a research note on Friday, January 24th. Evercore ISI increased their target price on UDR from $43.00 to $45.00 and gave the stock an "in-line" rating in a research note on Monday, February 10th. Truist Financial downgraded UDR from a "buy" rating to a "hold" rating and lifted their price target for the company from $45.00 to $46.00 in a research note on Monday, March 10th. StockNews.com raised UDR from a "sell" rating to a "hold" rating in a report on Thursday, February 6th. Finally, Zelman & Associates reissued a "neutral" rating on shares of UDR in a report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $46.12.

UDR Stock Down 0.4 %

Shares of UDR stock opened at $42.85 on Wednesday. UDR has a one year low of $36.61 and a one year high of $47.55. The company has a market cap of $14.19 billion, a P/E ratio of 171.40, a PEG ratio of 8.67 and a beta of 0.84. The company has a debt-to-equity ratio of 1.71, a quick ratio of 5.91 and a current ratio of 5.61. The firm has a fifty day moving average of $42.65 and a two-hundred day moving average of $43.04.

UDR Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Thursday, April 10th were given a $0.43 dividend. This is an increase from UDR's previous quarterly dividend of $0.43. This represents a $1.72 annualized dividend and a dividend yield of 4.01%. The ex-dividend date was Thursday, April 10th. UDR's dividend payout ratio is currently 491.43%.

Insider Activity at UDR

In other UDR news, CEO Thomas W. Toomey sold 25,000 shares of the company's stock in a transaction dated 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 transaction, the chief executive officer now directly owns 824,716 shares in the company, valued at approximately $35,256,609. This represents a 2.94 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.39% of the company's stock.

Hedge Funds Weigh In On UDR

Institutional investors have recently modified their holdings of the company. Tidal Investments LLC raised its holdings in UDR by 25.5% in the 3rd quarter. Tidal Investments LLC now owns 18,053 shares of the real estate investment trust's stock valued at $819,000 after acquiring an additional 3,665 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of UDR by 5.0% in the third quarter. JPMorgan Chase & Co. now owns 7,774,541 shares of the real estate investment trust's stock valued at $352,498,000 after purchasing an additional 368,087 shares during the period. GAMMA Investing LLC increased its stake in UDR by 14.6% in the fourth quarter. GAMMA Investing LLC now owns 8,460 shares of the real estate investment trust's stock valued at $367,000 after purchasing an additional 1,080 shares during the last quarter. ST Germain D J Co. Inc. acquired a new position in UDR in the fourth quarter valued at $94,000. Finally, Czech National Bank lifted its position in UDR by 6.5% during the fourth quarter. Czech National Bank now owns 65,104 shares of the real estate investment trust's stock worth $2,826,000 after buying an additional 3,963 shares during the period. Institutional investors and hedge funds own 97.84% of the company's stock.

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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