UDR (UDR) Projected to Post Earnings on Wednesday

UDR (NYSE:UDR) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect UDR to post earnings of $0.10 per share and revenue of $421.17 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

UDR Stock Performance

Shares of UDR opened at $41.74 on Tuesday. The company has a debt-to-equity ratio of 1.69, a current ratio of 5.91 and a quick ratio of 5.91. UDR has a one year low of $34.19 and a one year high of $47.55. The company’s fifty day moving average price is $43.02 and its 200 day moving average price is $43.44. The company has a market capitalization of $13.77 billion, a PE ratio of 112.82, a price-to-earnings-growth ratio of 11.38 and a beta of 0.88.

UDR Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 9th were paid a dividend of $0.425 per share. The ex-dividend date was Friday, January 10th. This represents a $1.70 annualized dividend and a yield of 4.07%. UDR’s payout ratio is 459.47%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on UDR shares. Mizuho cut their price target on UDR from $47.00 to $45.00 and set a “neutral” rating for the company in a report on Monday, January 6th. Royal Bank of Canada decreased their price target on shares of UDR from $46.00 to $45.00 and set a “sector perform” rating on the stock in a research report on Tuesday, November 5th. Jefferies Financial Group lowered shares of UDR from a “buy” rating to a “hold” rating and cut their price objective for the company from $50.00 to $45.00 in a research report on Thursday, January 2nd. Wells Fargo & Company decreased their target price on UDR from $48.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, January 24th. Finally, StockNews.com cut UDR from a “hold” rating to a “sell” rating in a report on Thursday, January 2nd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock presently 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.