NYSE:UDR

UDR (UDR) Stock Forecast, Price & News

$35.09

-0.05 (-0.14%)

(As of 10:04 AM ET)

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Today's Range: $34.95
▼
$35.28
50-Day Range: $35.14
▼
$42.51
52-Week Range: $34.95
▼
$45.46

Volume: 159,350 shs
Average Volume: 2.27 million shs
Market Capitalization: $11.56 billion

P/E Ratio: 26.19
Dividend Yield: 4.79%
Price Target: $46.50

UDR MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.65 Rating Score
Upside/Downside: 32.3% Upside
$46.50 Price Target
Short Interest: Healthy
1.27% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.39
Upright™ Environmental Score
News Sentiment: -0.06
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 4.42%
From $2.49 to $2.60 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.02 out of 5 stars

Finance Sector

69th out of 880 stocks

Real Estate Investment Trusts Industry

10th out of 183 stocks

4.3

Analyst's Opinion

Consensus Rating
UDR has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on 11 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $46.50, UDR has a forecasted upside of 32.3% from its current price of $35.14.
Amount of Analyst Coverage
UDR has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
1.27% of the outstanding shares of UDR have been sold short.
Short Interest Ratio / Days to Cover
UDR has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in UDR has recently decreased by 3.24%, indicating that investor sentiment is improving.

4.2

Dividend Strength

Dividend Leadership
UDR is a leading dividend payer. It pays a dividend yield of 4.71%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
UDR has been increasing its dividend for 14 years.
Dividend Coverage
The dividend payout ratio of UDR is 125.37%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, UDR will have a dividend payout ratio of 64.62% next year. This indicates that UDR will be able to sustain or increase its dividend.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
UDR has received a 16.97% net impact score from Upright. Udr seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is driven by its "Real estate funds investing in apartment buildings" and "Real estate development services of apartment buildings" products. See details.
Environmental Sustainability
The Environmental Impact score for UDR is -2.39.

1.1

News and Social Media Coverage

News Sentiment
UDR has a news sentiment score of -0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for UDR this week, compared to 4 articles on an average week.
Search Interest
Only 3 people have searched for UDR on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added UDR to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, UDR insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.41% of the stock of UDR is held by insiders.
Percentage Held by Institutions
91.68% of the stock of UDR is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for UDR are expected to grow by 4.42% in the coming year, from $2.49 to $2.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of UDR is 26.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of UDR is 26.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.75.
Price to Earnings Growth Ratio
UDR has a PEG Ratio of 1.92. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
UDR has a P/B Ratio of 2.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About UDR (NYSE:UDR) Stock

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. markets. As of June 30, 2023, UDR owned or had an ownership position in 58,412 apartment homes including 415 homes under development. For over 51 years, UDR has delivered long-term value to shareholders, the best standard of service to Residents and the highest quality experience for Associates.

UDR Price History

30 days | 90 days | 365 days | Advanced Chart

UDR Stock News Headlines

October 2, 2023 | bbc.com

The UDR: What was the Army's Ulster Defence Regiment?

September 28, 2023 | americanbankingnews.com

UDR (NYSE:UDR) Reaches New 52-Week Low on Analyst Downgrade

October 3, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

September 27, 2023 | msn.com

Mizuho Maintains UDR (UDR) Neutral Recommendation

September 27, 2023 | americanbankingnews.com

UDR (NYSE:UDR) Given New $38.00 Price Target at Mizuho

September 24, 2023 | americanbankingnews.com

UDR (NYSE:UDR) PT Lowered to $46.00

September 23, 2023 | nasdaq.com

Barclays Maintains UDR (UDR) Overweight Recommendation

September 22, 2023 | markets.businessinsider.com

Where UDR Stands With Analysts

October 3, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

September 22, 2023 | msn.com

UDR: Buy The Drop On This Unloved Dividend Stock

September 20, 2023 | msn.com

UDR tribute plans are approved by two Northern Ireland councils despite Sinn Fein opposition

September 19, 2023 | msn.com

Colorado apartment firm buys three Dallas-Fort Worth properties

September 15, 2023 | msn.com

Lisburn Castlereagh Council first Sinn Fein deputy mayor objects to UDR event funding

September 14, 2023 | finance.yahoo.com

UDR Declares Quarterly Dividends

September 14, 2023 | fool.com

Occupancy and Costs Are Going the Wrong Way for UDR

September 13, 2023 | msn.com

Wells Fargo Maintains UDR (UDR) Overweight Recommendation

September 12, 2023 | markets.businessinsider.com

Wells Fargo Maintains Overweight Rating for UDR: Here's What You Need To Know

September 12, 2023 | markets.businessinsider.com

Wells Fargo Keeps Their Buy Rating on UDR (UDR)

September 7, 2023 | msn.com

Sinn Féin nearly proposed Troubles amnesty ten years ago that is identical to British government plan, Aoife Grace Moore’s book claims

September 6, 2023 | finance.yahoo.com

UDR to Participate in Bank of America Securities 2023 Global Real Estate Conference

September 6, 2023 | msn.com

Sinn Féin nearly proposed Troubles amnesty ten years ago that is identical to British government plan, book claims

September 5, 2023 | markets.businessinsider.com

UDR (UDR) was upgraded to a Hold Rating at Piper Sandler

September 1, 2023 | msn.com

Orange Victims' Day: Woman pays tribute to event in memory of her sister-in-law Heather Kerrigan and 341 other Orange Order members murdered during Troubles

August 31, 2023 | seekingalpha.com

UDR upgraded to Outperform at Scotia on valuation discount vs. peers

August 30, 2023 | msn.com

Scotiabank Upgrades UDR (UDR)

August 30, 2023 | 247wallst.com

Truist Securities Upgrades UDR

August 29, 2023 | msn.com

Truist Securities Upgrades UDR (UDR)

See More Headlines

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UDR Company Calendar

Last Earnings: 2/06/2023
Ex-Dividend for 7/31 Dividend: 7/07/2023
Dividend Payable: 7/31/2023
Today: 10/03/2023
Ex-Dividend for 10/31 Dividend: 10/06/2023
Next Earnings (Estimated): 10/25/2023
Dividend Payable: 10/31/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: Residential REITs
Sector: Finance
Current Symbol: NYSE:UDR
CUSIP: 90265310
CIK: 74208
Web: www.udr.com
Phone: (720) 283-6120
Fax: N/A
Employees: 1,326
Year Founded: 1972

Price Target and Rating

Average Stock Price Forecast: $46.50
High Stock Price Forecast: $71.00
Low Stock Price Forecast: $38.00
Forecasted Upside/Downside: +32.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.65
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.34
Trailing P/E Ratio: 26.22
Forward P/E Ratio: 14.11
P/E Growth: 1.92
Net Income: $86.92 million
Net Margins: 28.00%
Pretax Margin: 29.91%
Return on Equity: 11.50%
Return on Assets: 4.14%

Debt

Debt-to-Equity Ratio: 1.33
Current Ratio: 5.60
Quick Ratio: 5.60

Sales & Book Value

Annual Sales: $1.52 billion
Price / Sales: 7.63
Cash Flow: $2.32 per share
Price / Cash Flow: 15.15
Book Value: $12.45 per share
Price / Book: 2.82

Miscellaneous

Outstanding Shares: 329,480,000
Free Float: 318,245,000
Market Cap: $11.58 billion
Optionable: Optionable
Beta: 0.79

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Key Executives

Mr. Thomas W. Toomey (Age 62)
Chairman & CEO
Comp: $944.41k

Mr. Joseph D. Fisher CFA (Age 43)
CFO & Pres
Comp: $567.26k

Mr. Harry G. Alcock (Age 60)
Chief Investment Officer & Sr. VP
Comp: $893.22k

Mr. Michael D. Lacy (Age 41)
Sr. VP of Property Operations
Comp: $681.67k

Philip J. Curry
VP of IT Security & Operations

Mr. Tracy L. Hofmeister (Age 52)
Sr. VP & Chief Accounting Officer

Mr. Joshua A. Gampp (Age 46)
Sr. VP & CTO

Mr. Trent Nathan Trujillo
VP of Investor Relations

Mr. David G. Thatcher (Age 56)
Sr. VP & Gen. Counsel

Kristen N. Nicholson
VP of Sales & Revenue

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UDR Stock - Frequently Asked Questions

Should I buy or sell UDR stock right now?: 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for UDR in the last year. There are currently 6 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" UDR shares.
View UDR analyst ratings or view top-rated stocks.
What is UDR's stock price forecast for 2023?: 17 Wall Street analysts have issued 12-month price objectives for UDR's stock. Their UDR share price forecasts range from $38.00 to $71.00. On average, they predict the company's share price to reach $46.50 in the next year. This suggests a possible upside of 32.3% from the stock's current price.
View analysts price targets for UDR or view top-rated stocks among Wall Street analysts.
How have UDR shares performed in 2023?: UDR's stock was trading at $38.73 at the start of the year. Since then, UDR shares have decreased by 9.3% and is now trading at $35.14.
View the best growth stocks for 2023 here.
When is UDR's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our UDR earnings forecast.
How were UDR's earnings last quarter?: UDR, Inc. (NYSE:UDR) announced its quarterly earnings data on Monday, February, 6th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.61 by $0.48. The real estate investment trust had revenue of $399.70 million for the quarter, compared to the consensus estimate of $399.16 million. UDR had a net margin of 28.00% and a trailing twelve-month return on equity of 11.50%. UDR's quarterly revenue was up 15.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.54 earnings per share.
Read the conference call transcript.
How often does UDR pay dividends? What is the dividend yield for UDR?: UDR announced a quarterly dividend on Thursday, September 14th. Investors of record on Tuesday, October 10th will be given a dividend of $0.42 per share on Tuesday, October 31st. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.78%. The ex-dividend date of this dividend is Friday, October 6th.
Read our dividend analysis for UDR.
What ETFs hold UDR's stock?: ETFs with the largest weight of UDR (NYSE:UDR) stock in their portfolio include Private Real Estate Strategy via Liquid REITs ETF (PRVT), Nuveen Short-Term REIT ETF (NURE), Residential REIT ETF (HAUS), Kelly Residential & Apartment Real Estate ETF (RESI), Fidelity Real Estate Investment ETF (FPRO), iShares Residential and Multisector Real Estate ETF (REZ), JPMorgan Realty Income ETF (JPRE) and ETFB Green SRI REITs ETF (RITA).
Is UDR a good dividend stock?: UDR (NYSE:UDR) pays an annual dividend of $1.68 per share and currently has a dividend yield of 4.71%. UDR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 125.37%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, UDR will have a dividend payout ratio of 64.62% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UDR.

What guidance has UDR issued on next quarter's earnings?: UDR updated its third quarter 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of $0.56-$0.58 for the period, compared to the consensus EPS estimate of $0.63. The company issued revenue guidance of -.
What is Thomas W. Toomey's approval rating as UDR's CEO?: 176 employees have rated UDR Chief Executive Officer Thomas W. Toomey on Glassdoor.com. Thomas W. Toomey has an approval rating of 86% among the company's employees.
What other stocks do shareholders of UDR own?: Based on aggregate information from My MarketBeat watchlists, some companies that other UDR investors own include JPMorgan Chase & Co. (JPM), AT&T (T), Walgreens Boots Alliance (WBA), AbbVie (ABBV), International Business Machines (IBM), Cisco Systems (CSCO), Pfizer (PFE), RTX (RTX), Intel (INTC) and Coca-Cola (KO).
What is UDR's stock symbol?: UDR trades on the New York Stock Exchange (NYSE) under the ticker symbol "UDR."
How do I buy shares of UDR?: Shares of UDR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is UDR's stock price today?: One share of UDR stock can currently be purchased for approximately $35.14.
How much money does UDR make?: UDR (NYSE:UDR) has a market capitalization of $11.58 billion and generates $1.52 billion in revenue each year. The real estate investment trust earns $86.92 million in net income (profit) each year or $1.34 on an earnings per share basis.
How many employees does UDR have?: The company employs 1,326 workers across the globe.
How can I contact UDR?: UDR's mailing address is 1745 SHEA CENTER DRIVE SUITE 200, HIGHLANDS RANCH CO, 80129. The official website for the company is www.udr.com. The real estate investment trust can be reached via phone at (720) 283-6120 or via email at ir@udr.com.

This page (NYSE:UDR) was last updated on 10/3/2023 by MarketBeat.com Staff

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