UDR (NYSE:UDR) Issues Earnings Results, Beats Expectations By $0.53 EPS

UDR (NYSE:UDR - Get Free Report) announced its quarterly earnings results on Wednesday. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.53, Zacks reports. UDR had a return on equity of 2.65% and a net margin of 5.36%. 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 Performance

NYSE UDR traded down $0.08 during trading hours on Friday, hitting $42.91. 1,807,971 shares of the stock were exchanged, compared to its average volume of 1,885,070. The company has a quick ratio of 5.91, a current ratio of 1.32 and a debt-to-equity ratio of 1.71. The company has a market cap of $14.16 billion, a price-to-earnings ratio of 171.64, a price-to-earnings-growth ratio of 11.72 and a beta of 0.88. UDR has a 12-month low of $34.19 and a 12-month high of $47.55. The stock has a 50-day moving average of $42.65 and a 200 day moving average of $43.44.

UDR Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.96%. UDR's dividend payout ratio (DPR) is 680.00%.

Wall Street Analysts Forecast Growth

UDR has been the subject of a number of research analyst reports. Jefferies Financial Group downgraded UDR from a "buy" rating to a "hold" rating and lowered their price target for the company from $50.00 to $45.00 in a report on Thursday, January 2nd. Wells Fargo & Company dropped their target price 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. Royal Bank of Canada boosted their price target on shares of UDR from $43.00 to $44.00 and gave the company a "sector perform" rating in a research report on Friday. Mizuho dropped 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. Finally, StockNews.com raised UDR from a "sell" rating to a "hold" rating in a report on Thursday. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $46.00.

About UDR

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.