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 properties in targeted U.S. markets. As of March 31, 2018, UDR owned or had an ownership position in 49,464 apartment homes including 1,953 homes under development or in its Developer Capital Program ? WCDJV. For over 46 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
SymbolNYSE:UDR
CUSIP90265310
Phone720-283-6120
Debt
Debt-to-Equity Ratio1.30
Current Ratio5.83
Quick Ratio5.83
Price-To-Earnings
Trailing P/E Ratio19.55
Forward P/E Ratio18.98
P/E Growth3.16
Sales & Book Value
Annual Sales$995.79 million
Price / Sales9.84
Cash Flow$2.0979 per share
Price / Cash17.46
Book Value$10.42 per share
Price / Book3.52
Profitability
EPS (Most Recent Fiscal Year)$1.87
Net Income$121.55 million
Net Margins17.65%
Return on Equity6.57%
Return on Assets2.39%
Miscellaneous
Employees1,542
Outstanding Shares267,600,000
UDR (NYSE:UDR) Frequently Asked Questions
What is UDR's stock symbol?
UDR trades on the New York Stock Exchange (NYSE) under the ticker symbol "UDR."
How often does UDR pay dividends? What is the dividend yield for UDR?
UDR announced a quarterly dividend on Tuesday, March 27th. Stockholders of record on Monday, April 9th will be given a dividend of $0.3225 per share on Monday, April 30th. This represents a $1.29 annualized dividend and a dividend yield of 3.52%. The ex-dividend date is Friday, April 6th. This is an increase from UDR's previous quarterly dividend of $0.31. View UDR's Dividend History.
How were UDR's earnings last quarter?
UDR, Inc. (NYSE:UDR) released its earnings results on Wednesday, April, 25th. The real estate investment trust reported $0.30 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.47 by $0.17. The real estate investment trust earned $253.31 million during the quarter, compared to analyst estimates of $252.02 million. UDR had a return on equity of 6.57% and a net margin of 17.65%. UDR's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.45 EPS. View UDR's Earnings History.
When is UDR's next earnings date?
What guidance has UDR issued on next quarter's earnings?
UDR issued an update on its FY18 earnings guidance on Wednesday, April, 25th. The company provided earnings per share (EPS) guidance of $1.91-1.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.93. UDR also updated its Q2 guidance to $0.47-0.49 EPS.
What price target have analysts set for UDR?
15 analysts have issued 12 month price objectives for UDR's stock. Their forecasts range from $38.00 to $42.00. On average, they expect UDR's stock price to reach $38.9091 in the next year. View Analyst Ratings for UDR.
What are Wall Street analysts saying about UDR stock?
Here are some recent quotes from research analysts about UDR stock:
- 1. According to Zacks Investment Research, "Shares of UDR have outperformed the industry it belongs to in the past month. Further, the stock witnessed the Zacks Consensus Estimate for 2018 funds from operations (FFO) per share remain unchanged in a week’s time. Last month, UDR reported its fourth-quarter 2017 results that reflected an increase in revenues from same-store communities and stabilized non-mature communities. Moreover, the company’s portfolio, located in the targeted U.S. markets, has a superior product-mix. However, the company continues to deal with an elevated level of apartment supply in a number of its markets. This is likely to limit the landlord’s ability to demand higher rents and also increase concessional activities. Moreover, any rise in interest rates remains a concern for the company." (3/9/2018)
- 2. Cantor Fitzgerald analysts commented, "Estimate Update. We are lowing our 2018 FFO/sh. to $1.93 from $1.98. Our 2019 FFO/sh estimate is $2.05. Our NAV/sh. estimate is $40.00 vs. $40.20 prior, based on an applied cap rate of 4.89%. Same store assumptions underlying our 2018 estimates include revenue growth of 3.0%, expense growth 2.7% and NOI growth of 3.0%. 2018 SS outlook includes revenue, expense and NOI rises of 2.5-3.5% each." (2/21/2018)
Who are some of UDR's key competitors?
Some companies that are related to UDR include Public Storage (PSA), Prologis (PLD), Equinix (EQIX), Weyerhaeuser (WY), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL Rlty Tr/SH SH (DLR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR), Boston Properties (BXP), SBA Communications (SBAC), Host Hotels and Resorts (HST) and Essex Property Trust (ESS).
Who are UDR's key executives?
UDR's management team includes the folowing people:
- Mr. Thomas W. Toomey, Chairman, CEO & Pres (Age 57)
- Mr. Joseph D. Fisher CFA, Chief Financial Officer and Sr. VP (Age 38)
- Mr. Jerry A. Davis CPA, Chief Operating Officer and Sr. VP (Age 55)
- Mr. Harry G. Alcock, Chief Investment Officer and Sr. VP (Age 55)
- Mr. Warren L. Troupe, Sr. EVP, Corp. Compliance Officer & Sec. (Age 64)
Has UDR been receiving favorable news coverage?
Media headlines about UDR stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. UDR earned a daily sentiment score of 0.10 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 47.05 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are UDR's major shareholders?
UDR's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.11%), Daiwa Securities Group Inc. (4.72%), Northern Trust Corp (1.70%), Centersquare Investment Management LLC (1.59%), Schwab Charles Investment Management Inc. (1.30%) and Barings LLC (0.79%). Company insiders that own UDR stock include Clinton D Mcdonnough, Harry G Alcock, Jon A Grove, Thomas W Toomey and Warren L Troupe. View Institutional Ownership Trends for UDR.
Which institutional investors are selling UDR stock?
UDR stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., JPMorgan Chase & Co., American Century Companies Inc., Prudential Financial Inc., Stevens Capital Management LP, Wells Fargo & Company MN, Markston International LLC and Swiss National Bank. Company insiders that have sold UDR company stock in the last year include Jon A Grove, Thomas W Toomey and Warren L Troupe. View Insider Buying and Selling for UDR.
Which institutional investors are buying UDR stock?
UDR stock was acquired by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Barings LLC, BlackRock Inc., Teachers Insurance & Annuity Association of America, Schwab Charles Investment Management Inc., Westpac Banking Corp, Teacher Retirement System of Texas and Forsta AP Fonden. View Insider Buying and Selling for UDR.
How do I buy shares of UDR?
Shares of UDR 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 UDR's stock price today?
One share of UDR stock can currently be purchased for approximately $36.63.
How big of a company is UDR?
UDR has a market capitalization of $9.74 billion and generates $995.79 million in revenue each year. The real estate investment trust earns $121.55 million in net income (profit) each year or $1.87 on an earnings per share basis. UDR employs 1,542 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 real estate investment trust can be reached via phone at 720-283-6120 or via email at [email protected]
MarketBeat Community Rating for UDR (UDR)
MarketBeat's community ratings are surveys of what our community members think about UDR and other stocks. Vote "Outperform" if you believe UDR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UDR will underperform the S&P 500 over the long term. You may vote once every thirty days.
