Analysts Offer Predictions for UDR's Q3 Earnings (NYSE:UDR)

UDR, Inc. (NYSE:UDR - Free Report) - Investment analysts at Zacks Research dropped their Q3 2026 EPS estimates for UDR in a report released on Monday, January 13th. Zacks Research analyst R. Department now expects that the real estate investment trust will earn $0.66 per share for the quarter, down from their prior estimate of $0.67. The consensus estimate for UDR's current full-year earnings is $2.47 per share.

Several other brokerages have also recently issued reports on UDR. StockNews.com cut UDR from a "hold" rating to a "sell" rating in a report on Thursday, January 2nd. Jefferies Financial Group downgraded UDR from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $50.00 to $45.00 in a research note on Thursday, January 2nd. Mizuho decreased their price objective on UDR from $47.00 to $45.00 and set a "neutral" rating on the stock in a report on Monday, January 6th. Barclays started coverage on shares of UDR in a report on Tuesday, December 17th. They issued an "overweight" rating and a $50.00 target price for the company. Finally, 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 note on Tuesday, November 5th. Two 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $46.35.

UDR Price Performance

NYSE UDR traded up $0.37 on Thursday, reaching $41.41. The company had a trading volume of 770,358 shares, compared to its average volume of 1,980,602. The stock has a market capitalization of $13.66 billion, a PE ratio of 111.79, a price-to-earnings-growth ratio of 10.92 and a beta of 0.89. UDR has a 12 month low of $34.19 and a 12 month high of $47.55. The company has a quick ratio of 5.91, a current ratio of 5.91 and a debt-to-equity ratio of 1.69. The firm's 50 day moving average price is $43.88 and its 200 day moving average price is $43.41.

Hedge Funds Weigh In On UDR

Hedge funds have recently bought and sold shares of the business. Acadian Asset Management LLC purchased a new stake in shares of UDR during the second quarter valued at $170,000. Quest Partners LLC bought a new stake in UDR during the 2nd quarter valued at about $37,000. American Century Companies Inc. boosted its position in UDR by 9.1% in the 2nd quarter. American Century Companies Inc. now owns 107,940 shares of the real estate investment trust's stock valued at $4,442,000 after buying an additional 9,038 shares during the period. Oppenheimer Asset Management Inc. grew its stake in UDR by 5.8% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 23,041 shares of the real estate investment trust's stock worth $948,000 after acquiring an additional 1,261 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of UDR by 77.0% during the second quarter. Envestnet Asset Management Inc. now owns 185,559 shares of the real estate investment trust's stock worth $7,636,000 after acquiring an additional 80,706 shares during the period. Institutional investors own 97.84% of the company's stock.

UDR Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 9th will be paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date of this dividend is Friday, January 10th. UDR's dividend payout ratio is currently 459.47%.

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.