DDR is an owner and manager of 258 value-oriented shopping centers representing 89 million square feet in 32 states and Puerto Rico. The Company owns a high-quality portfolio of open-air shopping centers in major metropolitan areas that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company actively manages its assets with a focus on creating long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the Company is available at www.ddr.com.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:DDR
CUSIP23317H10
Phone216-755-5500
Debt
Debt-to-Equity Ratio1.66
Current Ratio0.81
Quick Ratio0.81
Price-To-Earnings
Trailing P/E Ratio6.10
Forward P/E Ratio8.89
P/E Growth1.67
Sales & Book Value
Annual Sales$887.95 million
Price / Sales2.99
Cash Flow$1.6571 per share
Price / Cash8.69
Book Value$12.88 per share
Price / Book1.12
Profitability
EPS (Most Recent Fiscal Year)$2.36
Net Income$-241,680,000.00
Net Margins-32.65%
Return on Equity-6.72%
Return on Assets-2.23%
Miscellaneous
Employees447
Outstanding Shares184,660,000
Market Cap$2.50 billion
DDR (NYSE:DDR) Frequently Asked Questions
What is DDR's stock symbol?
DDR trades on the New York Stock Exchange (NYSE) under the ticker symbol "DDR."
How often does DDR pay dividends? What is the dividend yield for DDR?
DDR announced a quarterly dividend on Tuesday, May 8th. Stockholders of record on Wednesday, June 13th will be given a dividend of $0.19 per share on Tuesday, July 3rd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.28%. The ex-dividend date is Tuesday, June 12th. View DDR's Dividend History.
When did DDR's stock split? How did DDR's stock split work?
DDR's stock reverse split before market open on Monday, May 21st 2018. The 1-2 reverse split was announced on Tuesday, May 8th 2018. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 18th 2018. An investor that had 100 shares of DDR stock prior to the reverse split would have 50 shares after the split.
How were DDR's earnings last quarter?
DDR Corp. (NYSE:DDR) announced its quarterly earnings data on Wednesday, July, 25th. The real estate investment trust reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. The real estate investment trust earned $204.32 million during the quarter, compared to analyst estimates of $200.65 million. DDR had a negative return on equity of 6.72% and a negative net margin of 32.65%. The business's revenue for the quarter was down 10.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.59 earnings per share. View DDR's Earnings History.
When is DDR's next earnings date?
What price target have analysts set for DDR?
17 Wall Street analysts have issued 12-month price objectives for DDR's stock. Their forecasts range from $14.00 to $26.00. On average, they expect DDR's share price to reach $16.5577 in the next year. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Price Targets for DDR.
What is the consensus analysts' recommendation for DDR?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DDR in the last year. There are currently 2 sell ratings, 11 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DDR.
Who are some of DDR's key competitors?
Some companies that are related to DDR include Iron Mountain (IRM), Federal Realty Investment Trust (FRT), AGNC Investment (AGNC), SL Green Realty (SLG), Camden Property Trust (CPT), Macerich (MAC), Equity Lifestyle Properties (ELS), Sun Communities (SUI), VICI Properties (VICI), Gaming and Leisure Properties (GLPI), VEREIT Inc/SH SH (VER), Kilroy Realty (KRC), Lamar Advertising (LAMR), National Retail Properties (NNN) and WP Carey (WPC).
Who are DDR's key executives?
DDR's management team includes the folowing people:
- Mr. David R. Lukes, Pres, CEO & Director (Age 48)
- Mr. Matthew L. Ostrower, Exec. VP, Treasurer & CFO (Age 47)
- Mr. Michael A. Makinen, Exec. VP & COO (Age 53)
- Ms. Christa A. Vesy CPA, Chief Accounting Officer & Exec. VP (Age 47)
- Mr. John M. Cattonar, Sr. VP of Investments
Has DDR been receiving favorable news coverage?
Media coverage about DDR stock has been trending somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. DDR earned a media and rumor sentiment score of 0.06 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 47.51 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for DDR.
Who are DDR's major shareholders?
DDR's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.69%), Daiwa Securities Group Inc. (4.69%), LSV Asset Management (2.76%), FMR LLC (2.36%), Victory Capital Management Inc. (2.02%) and Dimensional Fund Advisors LP (1.35%). Company insiders that own DDR stock include Alexander Otto, David R Lukes, Katharina Otto-Bernstein, Matthew Louis Ostrower, Michael Makinen, Robert H Gidel, Scott D Roulston, Terrance R Ahern, Thomas F August and Thomas Finne. View Institutional Ownership Trends for DDR.
Which institutional investors are selling DDR stock?
DDR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Daiwa Securities Group Inc., FMR LLC, Victory Capital Management Inc., LSV Asset Management, Dimensional Fund Advisors LP, Bank of New York Mellon Corp and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for DDR.
Which institutional investors are buying DDR stock?
DDR stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Renaissance Technologies LLC, Russell Investments Group Ltd., Macquarie Group Ltd., Sterling Capital Management LLC, Paloma Partners Management Co, Nomura Holdings Inc. and SG Americas Securities LLC. Company insiders that have bought DDR stock in the last two years include Alexander Otto, David R Lukes, Katharina Otto-Bernstein, Matthew Louis Ostrower, Michael Makinen, Robert H Gidel, Scott D Roulston, Terrance R Ahern, Thomas F August and Thomas Finne. View Insider Buying and Selling for DDR.
How do I buy shares of DDR?
Shares of DDR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is DDR's stock price today?
One share of DDR stock can currently be purchased for approximately $14.40.
How big of a company is DDR?
DDR has a market capitalization of $2.50 billion and generates $887.95 million in revenue each year. The real estate investment trust earns $-241,680,000.00 in net income (profit) each year or $2.36 on an earnings per share basis. DDR employs 447 workers across the globe.
How can I contact DDR?
DDR's mailing address is 3300 ENTERPRISE PARKWAY, BEACHWOOD OH, 44122. The real estate investment trust can be reached via phone at 216-755-5500.
MarketBeat Community Rating for DDR (NYSE DDR)
MarketBeat's community ratings are surveys of what our community members think about DDR and other stocks. Vote "Outperform" if you believe DDR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DDR will underperform the S&P 500 over the long term. You may vote once every thirty days.
