UDR (UDR) to Release Quarterly Earnings on Wednesday

UDR (NYSE:UDR - Get Free Report) is expected to announce its earnings results after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $421.17 million for the quarter. Investors interested in listening to the company's conference call can do so using this link.

UDR Price Performance

NYSE UDR traded up $0.31 during trading hours on Friday, reaching $41.74. 2,865,214 shares of the company's stock were exchanged, compared to its average volume of 1,810,043. The firm has a fifty day moving average of $43.02 and a 200-day moving average of $43.41. The company has a current ratio of 5.91, a quick ratio of 5.91 and a debt-to-equity ratio of 1.69. The stock has a market cap of $13.77 billion, a PE ratio of 112.81, a price-to-earnings-growth ratio of 11.12 and a beta of 0.89. UDR has a one year low of $34.19 and a one year high of $47.55.

UDR Dividend Announcement

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

Wall Street Analysts Forecast Growth

UDR has been the subject of a number of research analyst reports. Barclays dropped their target price on shares of UDR from $50.00 to $48.00 and set an "overweight" rating for the company in a research note on Friday, January 24th. Scotiabank reduced their price objective on UDR from $49.00 to $48.00 and set a "sector perform" rating on the stock in a report on Thursday, November 14th. Wells Fargo & Company lowered their target price on UDR from $48.00 to $45.00 and set an "overweight" rating for the company in a research note on Friday, January 24th. StockNews.com lowered UDR from a "hold" rating to a "sell" rating in a research note on Thursday, January 2nd. Finally, Mizuho lowered their price objective on UDR from $47.00 to $45.00 and set a "neutral" rating for the company in a research report on Monday, January 6th. 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 company. Based on data from MarketBeat, UDR presently has an average rating of "Hold" and an average target price 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.