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 June 30, 2018, UDR owned or had an ownership position in 49,464 apartment homes including 1,334 homes under development or in its Developer Capital Program West Coast Development Joint Venture. 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
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
Current SymbolNYSE:UDR
Previous Symbol
CUSIP90265310
Phone720-283-6120
Debt
Debt-to-Equity Ratio1.49
Current Ratio5.97
Quick Ratio5.97
Price-To-Earnings
Trailing P/E Ratio22.10
Forward P/E Ratio21.30
P/E Growth3.5
Sales & Book Value
Annual Sales$995.79 million
Price / Sales11.14
Cash Flow$2.0964 per share
Price / Cash19.71
Book Value$10.42 per share
Price / Book3.97
Profitability
EPS (Most Recent Fiscal Year)$1.87
Net Income$121.55 million
Net Margins18.43%
Return on Equity7.09%
Return on Assets2.51%
Miscellaneous
Employees1,542
Outstanding Shares268,390,000
Market Cap$11.02 billion
OptionableOptionable
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 declared a quarterly dividend on Thursday, September 20th. Stockholders of record on Wednesday, October 10th will be given a dividend of $0.3323 per share on Wednesday, October 31st. This represents a $1.33 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend is Tuesday, October 9th. This is an increase from UDR's previous quarterly dividend of $0.32. View UDR's Dividend History.
How were UDR's earnings last quarter?
UDR, Inc. (NYSE:UDR) posted its earnings results on Monday, October, 29th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.07. The real estate investment trust had revenue of $266.10 million for the quarter, compared to analysts' expectations of $258.90 million. UDR had a net margin of 18.43% and a return on equity of 7.09%. The firm's revenue was up 6.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.06 earnings per share. View UDR's Earnings History.
When is UDR's next earnings date?
What guidance has UDR issued on next quarter's earnings?
UDR updated its fourth quarter earnings guidance on Monday, October, 29th. The company provided earnings per share guidance of $0.48-0.49 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.49. UDR also updated its FY 2018 guidance to $1.95-1.96 EPS.
What price target have analysts set for UDR?
16 analysts have issued 12 month price targets for UDR's stock. Their forecasts range from $38.00 to $43.00. On average, they anticipate UDR's stock price to reach $39.9286 in the next twelve months. This suggests that the stock has a possible downside of 3.4%. View Analyst Price Targets for UDR.
What is the consensus analysts' recommendation for UDR?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UDR in the last year. There are currently 2 sell ratings, 10 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. Notably, the company’s portfolio, located in the targeted U.S. markets, has a superior product-mix. Favorable demographics, household formation, recovering economy and job market growth are expected to drive demand for UDR's properties. Further, its focus on enhancing the portfolio through expansion in core markets and sale of non-core ones is likely to support long-term growth. A strong balance sheet has also enabled the company to maintain its dividend payout. However, the company continues to deal with an elevated level of apartment supply in a number of its markets. This is likely to limit UDR’s ability to demand higher rents and also increase concessional activities. Rate hike remains a concern." (7/25/2018)
- 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)
Has UDR been receiving favorable news coverage?
Headlines about UDR stock have been trending somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. UDR earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an effect on the company's share price in the next few days.
Who are some of UDR's key competitors?
Some companies that are related to UDR include Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Weyerhaeuser (WY), SBA Communications (SBAC), Boston Properties (BXP), Realty Income (O), Essex Property Trust (ESS), Host Hotels and Resorts (HST) and Vornado Realty Trust (VNO).
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)
Who are UDR's major shareholders?
UDR's stock is owned by a number of of institutional and retail investors. Top institutional investors include Cohen & Steers Inc. (15.87%), BlackRock Inc. (11.33%), FMR LLC (5.49%), Daiwa Securities Group Inc. (4.79%), Renaissance Technologies LLC (3.43%) and Dimensional Fund Advisors LP (1.53%). Company insiders that own UDR stock include Clinton D Mcdonnough, Harry G Alcock, Jerry A Davis, Jon A Grove, Lynne B Sagalyn, Thomas W Toomey and Warren L Troupe. View Institutional Ownership Trends for UDR.
Which major investors are selling UDR stock?
UDR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Prudential Financial Inc., Mitsubishi UFJ Trust & Banking Corp, Morgan Stanley, Allianz Asset Management GmbH, Deutsche Bank AG, Barings LLC and Virginia Retirement Systems ET AL. Company insiders that have sold UDR company stock in the last year include Harry G Alcock, Jerry A Davis, Lynne B Sagalyn, Thomas W Toomey and Warren L Troupe. View Insider Buying and Selling for UDR.
Which major investors are buying UDR stock?
UDR stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Russell Investments Group Ltd., Renaissance Technologies LLC, Daiwa Securities Group Inc., Nordea Investment Management AB, American Century Companies Inc., Citadel Advisors LLC and BlackRock Inc.. 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 $41.32.
How big of a company is UDR?
UDR has a market capitalization of $11.02 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.
What is UDR's official website?
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 (NYSE 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.
