UDR Stock Price, News & Analysis (NYSE:UDR)

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UDR in the last year. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" UDR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UDR, but not buy additional shares or sell existing shares.
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15 Wall Street research analysts have issued 1-year target prices for UDR's shares. Their UDR share price targets range from $30.00 to $71.00. On average, they predict the company's share price to reach $43.13 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price.
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UDR's stock was trading at $38.73 at the beginning of 2023. Since then, UDR stock has decreased by 8.7% and is now trading at $35.37.
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UDR saw a increase in short interest in October. As of October 31st, there was short interest totaling 5,320,000 shares, an increase of 90.0% from the October 15th total of 2,800,000 shares. Based on an average trading volume of 2,410,000 shares, the days-to-cover ratio is presently 2.2 days.
View UDR's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 5th 2024.
View our UDR earnings forecast.

UDR, Inc. (NYSE:UDR) released its quarterly earnings results on Monday, February, 6th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.61 by $0.48. The real estate investment trust earned $399.70 million during the quarter, compared to analysts' expectations of $399.16 million. UDR had a trailing twelve-month return on equity of 11.48% and a net margin of 28.25%. UDR's revenue was up 15.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.54 EPS.
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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 4.75%. The ex-dividend date is Friday, October 6th.
Read our dividend analysis for UDR.

UDR (NYSE:UDR) pays an annual dividend of $1.68 per share and currently has a dividend yield of 4.80%. 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 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 122.63%. 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 65.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UDR.

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).

UDR updated its fourth quarter earnings guidance on Thursday, October, 26th. The company provided earnings per share guidance of $0.62-0.64 for the period, compared to the consensus estimate of $0.65.

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.

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).

UDR's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (3.67%), JPMorgan Chase & Co. (3.67%), Invesco Ltd. (2.68%), Wellington Management Group LLP (2.58%), Daiwa Securities Group Inc. (1.73%) and Deutsche Bank AG (1.54%). Insiders that own company stock include Clinton D Mcdonnough, Harry G Alcock, Harry G Alcock, Jerry A Davis, Jerry A Davis, Joseph D Fisher, Thomas W Toomey and Tracy L Hofmeister.
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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.
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