NYSE:UDR

UDR (UDR) Stock Price, News & Analysis

$39.15
+0.26 (+0.67%)
(As of 10:57 AM ET)
Today's Range
$38.85
$39.31
50-Day Range
$35.08
$38.89
52-Week Range
$30.95
$44.02
Volume
293,118 shs
Average Volume
2.96 million shs
Market Capitalization
$12.89 billion
P/E Ratio
28.37
Dividend Yield
4.34%
Price Target
$41.72

UDR MarketRank™ Stock Analysis

Analyst Rating
Hold
2.35 Rating Score
Upside/​Downside
6.8% Upside
$41.72 Price Target
Short Interest
Healthy
1.79% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.39
Upright™ Environmental Score
News Sentiment
0.14mentions of UDR in the last 14 days
Based on 32 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.69%
From $2.44 to $2.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.60 out of 5 stars

Finance Sector

139th out of 874 stocks

Real Estate Investment Trusts Industry

18th out of 183 stocks

UDR stock logo

About UDR Stock (NYSE:UDR)

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 December 31, 2023, UDR owned or had an ownership position in 60,336 apartment homes including 359 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 Stock Price History

UDR Stock News Headlines

Trump is sounding the alarm
Europe is one of the latest to release a central bank digital currency and along with it, new cash rules. Christine Lagarde, President of the European Central Bank, shared "Now we have in Europe this threshold, above 1,000 euros you cannot pay cash… if you get caught you are fined or you are going to jail". Are you prepared?
Scotiabank Downgrades UDR (NYSE:UDR) to Sector Perform
Scotiabank Downgrades UDR (UDR)
Trump is sounding the alarm
Europe is one of the latest to release a central bank digital currency and along with it, new cash rules. Christine Lagarde, President of the European Central Bank, shared "Now we have in Europe this threshold, above 1,000 euros you cannot pay cash… if you get caught you are fined or you are going to jail". Are you prepared?
Q1 2024 UDR Inc Earnings Call
Q1 2024 UDR Inc Earnings Call Transcript
UDR: Q1 Earnings Snapshot
UDR Q1 Profit Rises
UDR (NYSE:UDR) Given Outperform Rating at Wedbush
Here's what to expect from UDR's earnings
UDR (NYSE:UDR) Rating Increased to Buy at UBS Group
UBS Upgrades UDR (UDR)
See More Headlines
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Company Calendar

Last Earnings
2/06/2023
Ex-Dividend for 4/30 Dividend
4/09/2024
Dividend Payable
4/30/2024
Today
5/07/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Residential REITs
CUSIP
90265310
Fax
N/A
Employees
1,410
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$41.72
High Stock Price Target
$71.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+6.6%
Consensus Rating
Hold
Rating Score (0-4)
2.35
Research Coverage
17 Analysts

Profitability

Net Income
$444.35 million
Pretax Margin
29.85%

Debt

Sales & Book Value

Annual Sales
$1.64 billion
Cash Flow
$3.51 per share
Book Value
$12.00 per share

Miscellaneous

Free Float
317,024,000
Market Cap
$12.81 billion
Optionable
Optionable
Beta
0.79

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UDR Stock Analysis - 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 11 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research 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.
View UDR analyst ratings
or view top-rated stocks.

What is UDR's stock price target for 2024?

17 Wall Street analysts have issued 12 month price targets for UDR's shares. Their UDR share price targets range from $33.00 to $71.00. On average, they expect the company's stock price to reach $41.72 in the next year. This suggests a possible upside of 6.8% 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 2024?

UDR's stock was trading at $38.29 at the beginning of 2024. Since then, UDR stock has increased by 2.0% and is now trading at $39.06.
View the best growth stocks for 2024 here
.

Are investors shorting UDR?

UDR saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 5,880,000 shares, a decrease of 21.8% from the March 31st total of 7,520,000 shares. Based on an average trading volume of 2,910,000 shares, the days-to-cover ratio is presently 2.0 days.
View UDR's Short Interest
.

When is UDR's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our UDR earnings forecast
.

How were UDR's earnings last quarter?

UDR, Inc. (NYSE:UDR) released its quarterly earnings results on Monday, February, 6th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.61 by $0.48. The real estate investment trust earned $399.70 million during the quarter, compared to the consensus estimate of $399.16 million. UDR had a net margin of 27.81% and a trailing twelve-month return on equity of 11.57%. The firm's revenue was up 15.2% on a year-over-year basis. During the same period in the previous year, the firm 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 declared a quarterly dividend on Thursday, March 14th. Investors of record on Wednesday, April 10th will be paid a dividend of $0.425 per share on Tuesday, April 30th. This represents a $1.70 annualized dividend and a yield of 4.35%. The ex-dividend date is Tuesday, April 9th. This is a boost from the stock's previous quarterly dividend of $0.42.
Read our dividend analysis for UDR
.

Is UDR a good dividend stock?

UDR (NYSE:UDR) pays an annual dividend of $1.70 per share and currently has a dividend yield of 4.45%. 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 123.19%. 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 67.19% 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 issued an update on its second quarter 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of 0.530-0.550 for the period, compared to the consensus estimate of 0.610. 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).

Who are UDR's major shareholders?

UDR's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Daiwa Securities Group Inc. (2.27%), Sumitomo Mitsui Trust Holdings Inc. (0.71%), Easterly Investment Partners LLC (0.17%), BNP Paribas Financial Markets (0.16%), SG Americas Securities LLC (0.13%) and Principal Financial Group Inc. (0.11%). 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.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:UDR) was last updated on 5/7/2024 by MarketBeat.com Staff

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