UDR (NYSE:UDR) Posts Earnings Results, Beats Estimates By $0.53 EPS

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

UDR Trading Up 1.2 %

NYSE UDR opened at $42.20 on Thursday. The firm’s fifty day moving average is $42.86 and its two-hundred day moving average is $43.44. UDR has a one year low of $34.19 and a one year high of $47.55. The company has a debt-to-equity ratio of 1.69, a quick ratio of 5.91 and a current ratio of 5.91. The firm has a market cap of $13.92 billion, a PE 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 declared 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. This represents a $1.70 dividend on an annualized basis and a yield of 4.03%. The ex-dividend date of this dividend was Friday, January 10th. UDR’s dividend payout ratio is currently 459.47%.

Analysts Set New Price Targets

UDR has been the topic of several research reports. StockNews.com cut shares of UDR from a “hold” rating to a “sell” rating in a research report on Thursday, January 2nd. Mizuho cut their price target on UDR from $47.00 to $45.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Barclays lowered their price objective on UDR from $50.00 to $48.00 and set an “overweight” rating for the company in a research report on Friday, January 24th. Royal Bank of Canada decreased their price target on shares of UDR from $46.00 to $45.00 and set a “sector perform” rating for the company in a research note on Tuesday, November 5th. Finally, Wells Fargo & Company dropped their price objective on shares of UDR from $48.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus 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.