UDR (UDR) Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for UDR in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" UDR shares.
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17 brokerages have issued 1-year price objectives for UDR's shares. Their UDR share price forecasts range from $43.00 to $71.00. On average, they predict the company's share price to reach $47.97 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price.
View analysts price targets for UDR or view top-rated stocks among Wall Street analysts.

UDR's stock was trading at $38.73 at the beginning of the year. Since then, UDR shares have increased by 8.7% and is now trading at $42.09.
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UDR saw a increase in short interest in April. As of April 30th, there was short interest totaling 6,460,000 shares, an increase of 42.9% from the April 15th total of 4,520,000 shares. Based on an average daily trading volume, of 2,490,000 shares, the days-to-cover ratio is currently 2.6 days.
View UDR's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our UDR earnings forecast.

UDR, Inc. (NYSE:UDR) posted 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 net margin of 6.68% and a trailing twelve-month return on equity of 2.94%. The firm's quarterly revenue was up 15.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.54 EPS.
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UDR declared a quarterly dividend on Thursday, March 16th. Investors of record on Monday, April 10th will be given a dividend of $0.42 per share on Monday, May 1st. This represents a $1.68 annualized dividend and a yield of 3.99%. The ex-dividend date of this dividend is Thursday, April 6th. This is an increase from the stock's previous quarterly dividend of $0.38.
Read our dividend analysis for UDR.

ETFs with the largest weight of UDR (NYSE:UDR) stock in their portfolio include Residential REIT ETF (HAUS), Nuveen Short-Term REIT ETF (NURE), Kelly Residential & Apartment Real Estate ETF (RESI), Fidelity Real Estate Investment ETF (FPRO), iShares Residential and Multisector Real Estate ETF (REZ), Invesco S&P 500 Equal Weight Real Estate ETF (EWRE), ETFB Green SRI REITs ETF (RITA) and JPMorgan Realty Income ETF (JPRE).

UDR (NYSE:UDR) pays an annual dividend of $1.68 per share and currently has a dividend yield of 4.05%. 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 560.02%. 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 64.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UDR.

UDR issued an update on its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $0.54-$0.56 for the period, compared to the consensus EPS estimate of $0.62. The company issued revenue guidance of -.

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), Raytheon Technologies (RTX), Intel (INTC) and Coca-Cola (KO).

UDR trades on the New York Stock Exchange (NYSE) under the ticker symbol "UDR."

UDR's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (10.39%), State Street Corp (6.98%), JPMorgan Chase & Co. (4.16%), FMR LLC (3.61%), Geode Capital Management LLC (2.15%) and Daiwa Securities Group Inc. (2.01%). 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.

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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One share of UDR stock can currently be purchased for approximately $42.09.

UDR (NYSE:UDR) has a market capitalization of $13.85 billion and generates $1.52 billion in revenue each year. The real estate investment trust earns $86.92 million in net income (profit) each year or $0.30 on an earnings per share basis.

The company employs 1,326 workers across the globe.

UDR's mailing address is 1745 SHEA CENTER DRIVE SUITE 200, HIGHLANDS RANCH CO, 80129. The official website for the company is www.udr.com. The real estate investment trust can be reached via phone at (720) 283-6120 or via email at ir@udr.com.