DDR Corp. Company Profile (NYSE:DDR)

About DDR Corp. (NYSE:DDR)

DDR Corp. logoDDR Corp. is a self-administered and self-managed real estate investment trust. It operates through two segments: shopping centers and loan investments. It is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. As of December 31, 2016, it owned and managed approximately 106 million total square feet of gross leasable area (GLA). As of December 31, 2016, the portfolio properties included 319 shopping centers (including 152 centers owned through joint ventures). As of December 31, 2016, the portfolio properties also included over 650 acres of undeveloped land, including parcels located adjacent to certain of the shopping centers. As of December 31, 2016, the portfolio properties aggregated to 75.8 million square feet of Company-owned GLA located in 35 states, plus Puerto Rico. These centers are in the Southeast and Midwest, with significant concentrations in Florida, Georgia, Ohio and North Carolina, as well as Puerto Rico.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Retail REITs
  • Sub-Industry: Retail REITs
  • Symbol: NYSE:DDR
  • CUSIP: 23317H10
  • Web: www.ddr.com
Capitalization:
  • Market Cap: $3.1 billion
  • Outstanding Shares: 366,986,000
Average Prices:
  • 50 Day Moving Avg: $9.32
  • 200 Day Moving Avg: $9.79
  • 52 Week Range: $8.11 - $16.45
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 846.00
  • P/E Growth: 26.18
Sales & Book Value:
  • Annual Revenue: $963.85 million
  • Price / Sales: 3.22
  • Book Value: $7.42 per share
  • Price / Book: 1.14
Dividend:
  • Annual Dividend: $0.76
  • Dividend Yield: 8.8%
Profitability:
  • EBITDA: $622.4 million
  • Net Margins: -5.48%
  • Return on Equity: 1.24%
  • Return on Assets: 0.42%
Debt:
  • Debt-to-Equity Ratio: 1.67%
  • Current Ratio: 1.65%
  • Quick Ratio: 1.65%
Misc:
  • Average Volume: 4.17 million shs.
  • Beta: 0.79
  • Short Ratio: 1.08
 

Frequently Asked Questions for DDR Corp. (NYSE:DDR)

What is DDR Corp.'s stock symbol?

DDR Corp. trades on the New York Stock Exchange (NYSE) under the ticker symbol "DDR."

How often does DDR Corp. pay dividends? What is the dividend yield for DDR Corp.?

DDR Corp. announced a quarterly dividend on Wednesday, September 13th. Investors of record on Tuesday, September 26th will be given a dividend of $0.19 per share on Tuesday, October 10th. This represents a $0.76 dividend on an annualized basis and a yield of 8.98%. The ex-dividend date of this dividend is Monday, September 25th. View DDR Corp.'s Dividend History.

How were DDR Corp.'s earnings last quarter?

DDR Corp. (NYSE:DDR) announced its quarterly earnings data on Wednesday, July, 26th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.22. The company had revenue of $227.40 million for the quarter, compared to analyst estimates of $222.90 million. DDR Corp. had a negative net margin of 5.48% and a positive return on equity of 1.24%. The firm's quarterly revenue was down 7.5% on a year-over-year basis. During the same period last year, the business posted $0.33 EPS. View DDR Corp.'s Earnings History.

When will DDR Corp. make its next earnings announcement?

DDR Corp. is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for DDR Corp..

Where is DDR Corp.'s stock going? Where will DDR Corp.'s stock price be in 2017?

12 brokerages have issued twelve-month price targets for DDR Corp.'s stock. Their predictions range from $9.00 to $16.00. On average, they anticipate DDR Corp.'s stock price to reach $12.80 in the next twelve months. View Analyst Ratings for DDR Corp..

Who are some of DDR Corp.'s key competitors?

Who are DDR Corp.'s key executives?

DDR Corp.'s management team includes the folowing people:

  • Terrance R. Ahern, Independent Chairman of the Board
  • David R. Lukes, President, Chief Executive Officer, Director
  • Matthew L. Ostrower, Chief Financial Officer, Executive Vice President, Treasurer
  • Michael A. Makinen, Chief Operating Officer, Executive Vice President
  • Vincent A. Corno, Executive Vice President - Leasing & Development
  • Thomas Finne, Director
  • Alexander Otto, Director
  • Jane E. DeFlorio, Independent Director
  • Robert H. Gidel, Independent Director
  • Victor B. MacFarlane, Independent Director

Who owns DDR Corp. stock?

DDR Corp.'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Orinda Asset Management LLC (0.12%), Strs Ohio (0.11%), Nationwide Fund Advisors (0.06%), Quantitative Systematic Strategies LLC (0.02%) and Meeder Asset Management Inc. (0.01%). Company insiders that own DDR Corp. stock include Alexander Otto, Christa A Vesy, David R Lukes, Katharina Otto-Bernstein, Matthew Louis Ostrower, Michael Makinen, Paul W Freddo, Robert H Gidel, Scott D Roulston, Terrance R Ahern, Thomas F August and Thomas Finne. View Institutional Ownership Trends for DDR Corp..

Who sold DDR Corp. stock? Who is selling DDR Corp. stock?

DDR Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio. View Insider Buying and Selling for DDR Corp..

Who bought DDR Corp. stock? Who is buying DDR Corp. stock?

DDR Corp.'s stock was bought by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Orinda Asset Management LLC, Quantitative Systematic Strategies LLC and Meeder Asset Management Inc.. Company insiders that have bought DDR Corp. 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 Corp..

How do I buy DDR Corp. stock?

Shares of DDR Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is DDR Corp.'s stock price today?

One share of DDR Corp. stock can currently be purchased for approximately $8.46.


MarketBeat Community Rating for DDR Corp. (NYSE DDR)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  206 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  516
MarketBeat's community ratings are surveys of what our community members think about DDR Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for DDR Corp. (NYSE:DDR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $12.80 (51.30% upside)
Consensus Price Target History for DDR Corp. (NYSE:DDR)
Price Target History for DDR Corp. (NYSE:DDR)
Analysts' Ratings History for DDR Corp. (NYSE:DDR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/9/2017MizuhoReiterated RatingHold$10.00N/AView Rating Details
10/3/2017Boenning ScattergoodDowngradeNeutral -> Under PerformMediumView Rating Details
9/1/2017KeyCorpReiterated RatingBuy$13.00MediumView Rating Details
7/27/2017Deutsche Bank AGUpgradeHold -> Buy$12.00 -> $13.00LowView Rating Details
6/28/2017J P Morgan Chase & CoReiterated RatingNeutral$14.50 -> $12.00MediumView Rating Details
6/20/2017Jefferies Group LLCReiterated RatingHold$9.00LowView Rating Details
5/9/2017Citigroup Inc.Lower Price TargetBuy$16.50 -> $13.00LowView Rating Details
4/27/2017Royal Bank Of CanadaReiterated RatingHold$14.00MediumView Rating Details
3/13/2017Sandler O'NeillDowngradeBuy -> Hold$16.00 -> $14.00LowView Rating Details
3/6/2017Morgan StanleyUpgradeUnderweight -> Equal Weight$14.00N/AView Rating Details
3/3/2017Evercore ISIUpgradeHold -> OutperformN/AView Rating Details
2/24/2017Canaccord GenuityLower Price TargetHold -> Hold$20.00 -> $16.00N/AView Rating Details
8/25/2016Bank of America CorporationDowngradeNeutral -> Underperform$18.34 -> $18.50N/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
7/27/2016Credit Suisse GroupDowngradeOutperform -> Neutral$18.50N/AView Rating Details
7/25/2016Raymond James Financial, Inc.Initiated CoverageOutperform$21.00N/AView Rating Details
1/22/2016SunTrust Banks, Inc.DowngradeBuy -> Neutral$21.00 -> $17.50N/AView Rating Details
1/7/2016Robert W. BairdDowngradeOutperform -> Neutral$20.00 -> $18.00N/AView Rating Details
12/21/2015Capital One Financial CorporationDowngradeOverweight -> Equal WeightN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for DDR Corp. (NYSE:DDR)
Earnings by Quarter for DDR Corp. (NYSE:DDR)
Earnings History by Quarter for DDR Corp. (NYSE DDR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017($0.01)N/AView Earnings Details
7/26/2017Q2 2017$0.28$0.06$222.90 million$227.40 millionViewN/AView Earnings Details
4/25/2017Q1 2017$0.29$0.30$230.91 million$230.98 millionViewN/AView Earnings Details
2/13/2017Q416$0.04$0.30$241.73 million$232.20 millionViewN/AView Earnings Details
10/26/2016Q316$0.31$0.33$243.84 million$245.20 millionViewN/AView Earnings Details
7/26/2016Q216$0.31$0.33$243.03 million$245.90 millionViewN/AView Earnings Details
4/28/2016Q116$0.30$0.31$244.26 million$246.30 millionViewN/AView Earnings Details
2/11/2016Q415$0.31$0.31$248.53 million$246.53 millionViewListenView Earnings Details
10/27/2015Q315$0.31$0.31$250.18 million$248.90 millionViewListenView Earnings Details
7/29/2015Q215$0.30$0.31$250.70 million$248.90 millionViewListenView Earnings Details
4/28/2015Q1 15$0.30$0.30$259.18 million$250.75 millionViewN/AView Earnings Details
2/11/2015Q414$0.31$0.31$250.83 billion$248.56 millionViewN/AView Earnings Details
10/27/2014Q314$0.29$0.29$253.37 million$242.95 millionViewN/AView Earnings Details
7/30/2014Q114$0.28$0.28$246.16 million$245.78 millionViewN/AView Earnings Details
5/6/2014Q413$0.28$0.28$247.29 million$246.02 millionViewListenView Earnings Details
2/13/2014Q4$0.29$0.29$244.37 million$256.90 millionViewListenView Earnings Details
11/5/2013Q313$0.28$0.28$211.30 million$219.37 millionViewListenView Earnings Details
8/1/2013Q213$0.27$0.27$204.42 million$217.09 millionViewListenView Earnings Details
5/1/2013Q113$0.26$0.27$207.73 million$210.80 millionViewListenView Earnings Details
2/13/2013Q412$0.27$0.27$206.43 million$210.87 millionViewListenView Earnings Details
11/1/2012Q312$0.26$0.27$195.98 million$204.98 millionViewN/AView Earnings Details
7/31/2012$0.24$0.25ViewN/AView Earnings Details
5/1/2012$0.24$0.24ViewN/AView Earnings Details
2/16/2012$0.26$0.26ViewN/AView Earnings Details
10/27/2011$0.24$0.24ViewN/AView Earnings Details
7/28/2011$0.22$0.23ViewN/AView Earnings Details
4/27/2011$0.21$0.24ViewN/AView Earnings Details
2/17/2011$0.26($0.17)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for DDR Corp. (NYSE:DDR)
2017 EPS Consensus Estimate: $1.12
2018 EPS Consensus Estimate: $1.05
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.27$0.29$0.29
Q2 20174$0.27$0.29$0.28
Q3 20175$0.27$0.28$0.28
Q4 20174$0.27$0.28$0.27
Q1 20182$0.25$0.25$0.25
Q2 20182$0.25$0.26$0.26
Q3 20182$0.26$0.28$0.27
Q4 20182$0.26$0.28$0.27
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for DDR Corp. (NYSE:DDR)
Most Recent Dividend:10/10/2017
Annual Dividend:$0.76
Dividend Yield:8.98%
Dividend Growth:12.20% (3 Year Average)
Payout Ratio:-379.98% (Trailing 12 Months of Earnings)
-633.33% (Based on This Year's Estimates)
7,600.00% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for DDR Corp. (NYSE:DDR)

Dividend History by Quarter for DDR Corp. (NYSE DDR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/13/2017quarterly$0.197.5%9/25/20179/26/201710/10/2017
5/10/2017quarterly$0.197.97%6/13/20176/15/20177/6/2017
2/10/2017quarterly$0.194.94%3/14/20173/16/20174/4/2017
11/10/2016quarterly$0.195.04%12/9/201612/13/20161/5/2017
9/8/2016quarterly$0.194.03%9/21/20169/23/201610/11/2016
5/11/2016quarterly$0.194.27%6/7/20166/9/20167/6/2016
1/4/2016quarterly$0.194.51%3/8/20163/10/20164/5/2016
11/12/2015quarterly$0.174.22%12/11/201512/15/20151/5/2016
9/10/2015quarterly$0.174.68%9/18/20159/22/201510/9/2015
5/13/2015quarterly$0.174.03%6/9/20156/11/20157/7/2015
1/5/2015quarterly$0.173.66%3/10/20153/12/20154/7/2015
11/13/2014quarterly$0.163.4%12/12/201412/16/20141/6/2015
9/10/2014quarterly$0.163.48%9/24/20149/26/201410/10/2014
5/15/2014quarterly$0.163.63%6/10/20146/12/20147/8/2014
1/6/2014quarterly$0.163.99%3/11/20143/13/20144/8/2014
11/7/2013quarterly$0.143.32%12/13/201312/17/20131/7/2014
9/12/2013quarterly$0.143.45%9/19/20139/23/201310/6/2013
9/12/2013quarterly$0.149/23/201310/8/2013
5/15/2013quarterly$0.142.78%6/11/20136/13/20137/2/2013
1/7/2013quarterly$0.143.44%3/12/20133/14/20134/2/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for DDR Corp. (NYSE:DDR)
Insider Ownership Percentage: 16.10%
Institutional Ownership Percentage: 79.98%
Insider Trades by Quarter for DDR Corp. (NYSE:DDR)
Institutional Ownership by Quarter for DDR Corp. (NYSE:DDR)
Insider Trades by Quarter for DDR Corp. (NYSE:DDR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/22/2017Terrance R AhernDirectorBuy59,000$8.47$499,730.00View SEC Filing  
6/21/2017David R LukesCEOBuy60,000$8.37$502,200.00View SEC Filing  
6/2/2017Michael MakinenCOOBuy11,325$8.83$99,999.75View SEC Filing  
6/2/2017Thomas FinneDirectorBuy2,000$8.70$17,400.00View SEC Filing  
5/12/2017David R LukesCEOBuy170,000$9.48$1,611,600.00View SEC Filing  
5/12/2017Matthew Louis OstrowerCFOBuy53,000$9.46$501,380.00View SEC Filing  
5/11/2017Katharina Otto-BernsteinMajor ShareholderBuy500,000$9.40$4,700,000.00View SEC Filing  
5/9/2017Alexander OttoDirectorBuy500,000$9.52$4,760,000.00View SEC Filing  
4/28/2017Thomas FinneDirectorBuy2,000$11.05$22,100.00View SEC Filing  
3/23/2017Robert H GidelDirectorBuy4,000$12.80$51,200.00View SEC Filing  
3/22/2017Thomas FinneDirectorBuy2,000$12.45$24,900.00View SEC Filing  
3/9/2017Terrance R AhernDirectorBuy76,000$13.11$996,360.00View SEC Filing  
12/23/2016Alexander OttoDirectorBuy84,000$14.86$1,248,240.00View SEC Filing  
12/15/2016Alexander OttoDirectorBuy86,000$14.82$1,274,520.00View SEC Filing  
11/17/2016Alexander OttoDirectorBuy218,699$14.98$3,276,111.02View SEC Filing  
11/14/2016Alexander OttoDirectorBuy281,301$14.91$4,194,197.91View SEC Filing  
10/31/2016Thomas F AugustInsiderBuy30,100$15.22$458,122.00View SEC Filing  
10/31/2016Thomas FinneDirectorBuy1,577$15.20$23,970.40View SEC Filing  
8/23/2016Scott D RoulstonDirectorBuy5,500$18.61$102,355.00View SEC Filing  
7/29/2016Robert H GidelDirectorSell16,000$19.50$312,000.00View SEC Filing  
6/27/2016Christa A VesyVPSell5,000$17.38$86,900.00View SEC Filing  
5/5/2016Paul W FreddoVPSell28,939$18.00$520,902.00View SEC Filing  
2/17/2016Scott D RoulstonDirectorSell3,000$16.30$48,900.00View SEC Filing  
8/25/2015Robert H GidelDirectorBuy1,300$15.85$20,605.00View SEC Filing  
6/23/2015Alexander OttoDirectorBuy1,000,000$16.05$16,050,000.00View SEC Filing  
5/28/2015Scott D RoulstonDirectorSell1,090$17.12$18,660.80View SEC Filing  
4/2/2015Terrance R AhernDirectorSell5,650$25.48$143,962.00View SEC Filing  
3/23/2015Scott D RoulstonDirectorSell1,100$19.22$21,142.00View SEC Filing  
1/8/2015Christa A VesyVPSell6,000$19.37$116,220.00View SEC Filing  
11/10/2014Thomas FinneDirectorSell5,000$18.50$92,500.00View SEC Filing  
11/6/2014Daniel B HurwitzCEOSell25,973$18.28$474,786.44View SEC Filing  
10/3/2014Scott D RoulstonDirectorSell3,000$16.75$50,250.00View SEC Filing  
8/6/2014Scott D RoulstonDirectorSell4,000$17.29$69,160.00View SEC Filing  
8/1/2014Daniel B HurwitzCEOSell56,649$17.53$993,056.97View SEC Filing  
5/22/2014Robert H GidelDirectorSell6,000$17.10$102,600.00View SEC Filing  
5/13/2014Craig MacnabDirectorSell26,315$17.39$457,617.85View SEC Filing  
4/3/2014Scott RoulstonDirectorSell4,000$16.65$66,600.00View SEC Filing  
4/2/2014Craig MacnabDirectorSell15,945$16.64$265,324.80View SEC Filing  
3/25/2014Paul FreddoVPSell20,000$16.48$329,600.00View SEC Filing  
2/3/2014Daniel HurwitzCEOSell32,138$15.40$494,925.20View SEC Filing  
1/17/2014Alexander Ottomajor shareholderBuy240,319$15.54$3,734,557.26View SEC Filing  
1/16/2014Scott RoulstonDirectorSell3,000$15.57$46,710.00View SEC Filing  
1/13/2014Alexander Ottomajor shareholderBuy44,746$15.48$692,668.08View SEC Filing  
1/9/2014Alexander Ottomajor shareholderBuy60,701$15.48$939,651.48View SEC Filing  
1/3/2014Alexander Ottomajor shareholderBuy1,100$15.29$16,819.00View SEC Filing  
1/2/2014Alexander Ottomajor shareholderBuy153,134$15.26$2,336,824.84View SEC Filing  
1/2/2014Daniel HurwitzCEOSell17,760$15.29$271,550.40View SEC Filing  
9/3/2013Daniel HurwitzCEOSell6,649$15.45$102,727.05View SEC Filing  
7/31/2013Daniel B HurwitzCEOSell50,000$17.09$854,500.00View SEC Filing  
7/8/2013Scott D RoulstonDirectorSell6,000$16.87$101,220.00View SEC Filing  
9/4/2012Daniel B HurwitzCEOSell10,079$15.25$153,704.75View SEC Filing  
8/9/2012Janina OttoInsiderSell274,834$14.91$4,097,774.94View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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DDR Corp. (DDR) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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