UDR (UDR) Projected to Post Quarterly Earnings on Wednesday

UDR (NYSE:UDR - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect UDR to post earnings of $0.61 per share and revenue of $421.23 million for the quarter. UDR has set its FY 2025 guidance at 2.450-2.550 EPS and its Q1 2025 guidance at 0.600-0.620 EPS.

UDR (NYSE:UDR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.63 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.53. UDR had a net margin of 5.36% and a return on equity of 2.65%. On average, analysts expect UDR to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

UDR Price Performance

UDR stock opened at $41.56 on Wednesday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 5.91 and a current ratio of 5.61. The firm has a market capitalization of $13.76 billion, a price-to-earnings ratio of 166.24, a PEG ratio of 8.67 and a beta of 0.78. The firm has a 50 day moving average price of $42.86 and a 200-day moving average price of $43.18. UDR has a 52-week low of $36.61 and a 52-week high of $47.55.

UDR Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 4.14%. This is an increase from UDR's previous quarterly dividend of $0.43. The ex-dividend date is Thursday, April 10th. UDR's payout ratio is 688.00%.

Insider Buying and Selling at UDR

In other news, CEO Thomas W. Toomey sold 25,000 shares of UDR stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $42.75, for a total transaction of $1,068,750.00. Following the transaction, the chief executive officer now directly owns 824,716 shares of the company's stock, valued at $35,256,609. The trade was a 2.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.39% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

UDR has been the subject of several recent analyst reports. Evercore ISI lifted their price target on UDR from $43.00 to $45.00 and gave the stock an "in-line" rating in a research report on Monday, February 10th. Jefferies Financial Group downgraded shares of UDR from a "buy" rating to a "hold" rating and dropped their target price for the stock from $50.00 to $45.00 in a research note on Thursday, January 2nd. Royal Bank of Canada raised 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, February 7th. Barclays lowered their price objective on UDR from $50.00 to $48.00 and set an "overweight" rating on the stock in a research report on Friday, January 24th. Finally, Wells Fargo & Company reduced their target price on UDR from $48.00 to $45.00 and set an "overweight" rating for the company in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $46.12.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.