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
SymbolNYSE:UDR
CUSIP90265310
Phone720-283-6120
Debt
Debt-to-Equity Ratio1.38
Current Ratio6.03
Quick Ratio6.03
Price-To-Earnings
Trailing P/E Ratio20.84
Forward P/E Ratio20.01
P/E Growth3.32
Sales & Book Value
Annual Sales$995.79 million
Price / Sales10.43
Cash Flow$2.0534 per share
Price / Cash18.90
Book Value$10.42 per share
Price / Book3.72
Profitability
EPS (Most Recent Fiscal Year)$1.87
Net Income$121.55 million
Net Margins18.47%
Return on Equity6.87%
Return on Assets2.48%
Miscellaneous
Employees1,542
Outstanding Shares267,680,000
Market Cap$10.54 billion
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 Thursday, September 20th. Investors 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 3.42%. The ex-dividend date is Tuesday, October 9th. This is a positive change 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) issued its quarterly earnings data on Monday, July, 30th. The real estate investment trust reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.01. The real estate investment trust earned $259.74 million during the quarter, compared to the consensus estimate of $253.59 million. UDR had a net margin of 18.47% and a return on equity of 6.87%. The business's quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.47 EPS. View UDR's Earnings History.
When is UDR's next earnings date?
How can I listen to UDR's earnings call?
UDR will be holding an earnings conference call on Tuesday, October 30th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8777056003.
What guidance has UDR issued on next quarter's earnings?
UDR issued an update on its FY18 earnings guidance on Monday, July, 30th. The company provided EPS guidance of $1.92-1.95 for the period, compared to the Thomson Reuters consensus estimate of $1.93. UDR also updated its Q3 guidance to $0.48-0.50 EPS.
What price target have analysts set for UDR?
15 brokerages have issued 12 month price targets for UDR's shares. Their predictions range from $38.00 to $43.00. On average, they anticipate UDR's stock price to reach $39.3846 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for UDR.
What is the consensus analysts' recommendation for UDR?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UDR in the last year. There are currently 2 sell ratings, 8 hold ratings and 5 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)
Who are some of UDR's key competitors?
Some companies that are related to UDR include Prologis (PLD), Public Storage (PSA), Equinix (EQIX), AvalonBay Communities (AVB), Welltower (WELL), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), UNIBAIL-RODAMCO/ADR (UNRDY), Weyerhaeuser (WY), GGP (GGP), Ventas (VTR), Boston Properties (BXP), SBA Communications (SBAC), Realty Income (O) 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)
Who are UDR's major shareholders?
UDR's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.54%), Gateway Investment Advisers LLC (0.24%), Strs Ohio (0.15%), State of Alaska Department of Revenue (0.06%), Nisa Investment Advisors LLC (0.05%) and Aperio Group LLC (0.04%). 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 Clinton Group Inc., State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Strs Ohio, Cornerstone Wealth Management LLC, DAVENPORT & Co LLC, Texas Permanent School Fund and Gateway Investment Advisers LLC. 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 acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, First Hawaiian Bank, CAPROCK Group Inc., Lourd Capital LLC, Oakbrook Investments LLC, Aperio Group LLC, IFM Investors Pty Ltd and Sumitomo Mitsui Asset Management Company LTD. 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 $38.81.
How big of a company is UDR?
UDR has a market capitalization of $10.54 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.
