UDR (NYSE:UDR) Issues Quarterly Earnings Results

UDR (NYSE:UDR) posted its quarterly earnings data on Wednesday. The real estate investment trust reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.53, Zacks reports. UDR had a net margin of 7.68% and a return on equity of 3.57%. UDR updated its FY 2025 guidance to 2.450-2.550 EPS and its Q1 2025 guidance to 0.600-0.620 EPS.

UDR Stock Up 1.2 %

UDR stock traded up $0.50 during mid-day trading on Wednesday, hitting $42.20. 1,896,075 shares of the company were exchanged, compared to its average volume of 2,009,034. The company has a debt-to-equity ratio of 1.69, a quick ratio of 5.91 and a current ratio of 5.91. UDR has a 1-year low of $34.19 and a 1-year high of $47.55. The firm’s 50 day simple moving average is $42.86 and its 200 day simple moving average is $43.44. The firm has a market cap of $13.92 billion, a P/E ratio of 114.04, a P/E/G ratio of 11.38 and a beta of 0.88.

UDR Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 9th were issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend was Friday, January 10th. UDR’s dividend payout ratio (DPR) is presently 459.47%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on UDR. Scotiabank dropped their price target on UDR from $49.00 to $48.00 and set a “sector perform” rating for the company in a report on Thursday, November 14th. Wells Fargo & Company lowered their target price on UDR from $48.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, January 24th. Mizuho reduced their price target on shares of UDR from $47.00 to $45.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th. StockNews.com cut shares of UDR from a “hold” rating to a “sell” rating in a research note on Thursday, January 2nd. Finally, Royal Bank of Canada dropped their price objective on UDR from $46.00 to $45.00 and set a “sector perform” rating for the company in a report on Tuesday, November 5th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $46.06.

UDR Company Profile

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.