NYSE:DDR - DDR Stock Price, Price Target & More

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$17.88 +0.21 (+1.19 %)
(As of 06/22/2018 07:12 AM ET)
Previous Close$17.67
Today's Range$17.60 - $18.25
52-Week Range$13.26 - $21.74
Volume4.85 million shs
Average Volume2.93 million shs
Market Capitalization$3.26 billion
P/E Ratio7.58
Dividend Yield8.60%
Beta0.62
DDR logoDDR 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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:DDR
CUSIP23317H10
Phone216-755-5500

Debt

Debt-to-Equity Ratio1.66
Current Ratio0.79
Quick Ratio0.79

Price-To-Earnings

Trailing P/E Ratio7.58
Forward P/E Ratio9.36
P/E Growth1.85

Sales & Book Value

Annual Sales$887.95 million
Price / Sales3.72
Cash Flow$1.5795 per share
Price / Cash11.32
Book Value$12.88 per share
Price / Book1.39

Profitability

EPS (Most Recent Fiscal Year)$2.36
Net Income$-241,680,000.00
Net Margins-27.97%
Return on Equity-6.58%
Return on Assets-2.20%

Miscellaneous

Employees447
Outstanding Shares184,640,000

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 declared a quarterly dividend on Tuesday, May 8th. Stockholders of record on Wednesday, June 13th will be paid a dividend of $0.19 per share on Tuesday, July 3rd. This represents a $0.76 annualized dividend and a dividend yield of 4.25%. 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 shares 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) issued its earnings results on Tuesday, April, 24th. The real estate investment trust reported ($0.34) EPS for the quarter, missing the consensus estimate of $0.04 by $0.38. The real estate investment trust earned $206.96 million during the quarter, compared to analysts' expectations of $196.86 million. DDR had a negative net margin of 27.97% and a negative return on equity of 6.58%. DDR's quarterly revenue was down 10.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.60 EPS. View DDR's Earnings History.

When is DDR's next earnings date?

DDR is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for DDR.

What guidance has DDR issued on next quarter's earnings?

DDR issued an update on its third quarter earnings guidance on Tuesday, April, 24th. The company provided earnings per share (EPS) guidance of at least $0.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21.

What price target have analysts set for DDR?

16 brokers have issued 1 year target prices for DDR's stock. Their predictions range from $15.50 to $26.00. On average, they anticipate DDR's share price to reach $18.0417 in the next twelve months. View Analyst Ratings for DDR.

Are investors shorting DDR?

DDR saw a drop in short interest in May. As of May 31st, there was short interest totalling 9,261,366 shares, a drop of 45.8% from the May 15th total of 17,102,590 shares. Based on an average trading volume of 2,477,020 shares, the days-to-cover ratio is currently 3.7 days. Approximately 6.3% of the company's shares are sold short. View DDR's Current Options Chain.

Who are some of DDR's key competitors?

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?

Headlines about DDR stock have trended somewhat positive recently, Accern reports. Accern identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. DDR earned a news impact score of 0.24 on Accern's scale. They also assigned news headlines about the real estate investment trust an impact score of 46.20 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are DDR's major shareholders?

DDR's stock is owned by many different of retail and institutional investors. Top institutional shareholders include OTTO ALEXANDER (20.00%), OTTO ALEXANDER (18.90%), BlackRock Inc. (6.59%), Daiwa Securities Group Inc. (4.58%), HG Vora Capital Management LLC (3.38%) and Brookfield Asset Management Inc. (3.26%). Company insiders that own DDR stock include Alexander Otto, Christa A Vesy, 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 Prudential Financial Inc., Millennium Management LLC, Amundi Pioneer Asset Management Inc., Heitman Real Estate Securities LLC, Brookfield Asset Management Inc., Nuveen Asset Management LLC, Aperio Group LLC and California Public Employees Retirement System. View Insider Buying and Selling for DDR.

Which institutional investors are buying DDR stock?

DDR stock was purchased by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Centersquare Investment Management LLC, HG Vora Capital Management LLC, Principal Financial Group Inc., Principal Financial Group Inc., Global X Management Co. LLC, BlackRock Inc. and Staley Capital Advisers Inc.. 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 $17.88.

How big of a company is DDR?

DDR has a market capitalization of $3.26 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 (DDR)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  249 (Vote Outperform)
Underperform Votes:  408 (Vote Underperform)
Total Votes:  657
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.
This page was last updated on 6/22/2018 by MarketBeat.com Staff

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