UDR (UDR) Stock Price, News & Analysis

Company Overview

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. markets. As of December 31, 2023, UDR owned or had an ownership position in 60,336 apartment homes including 359 homes under development. For over 51 years, UDR has delivered long-term value to shareholders, the best standard of service to Residents and the highest quality experience for Associates.

Key Stats

• Today's Range: $43.89 to $44.45
• 50-Day Range: $41.30 to $47.13
• 52-Week Range: $32.70 to $47.55
• Volume: 1.17 million shs
• Average Volume: 2.50 million shs
• Market Capitalization: $14.63 billion
• P/E Ratio: 119.84
• Dividend Yield: 3.83%
• Price Target: $45.18
• Consensus Rating: Hold

UDR Stock Analysis - MarketRank™

UDR scored higher than 86% of companies evaluated by MarketBeat, and ranked 202nd out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

UDR has received a consensus rating of Hold. The company's average rating score is 2.41, and is based on 8 buy ratings, 8 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

UDR has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 2.43%

Earnings Growth

Earnings for UDR are expected to grow by 2.43% in the coming year, from $2.47 to $2.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of UDR is 119.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of UDR is 119.84, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 49.34.

Price to Earnings Growth Ratio

UDR has a PEG Ratio of 12.30. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

UDR has a P/B Ratio of 3.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.75% of the outstanding shares of UDR have been sold short.

Short Interest Ratio / Days to Cover

UDR has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in UDR has recently decreased by 1.87%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Leadership

UDR is a leading dividend payer. It pays a dividend yield of 3.84%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

UDR has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of UDR is 459.46%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, UDR will have a dividend payout ratio of 67.19% next year. This indicates that UDR will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.6 / 5
• Environmental Score: -2.39

Percentage of Shares Shorted

1.75% of the outstanding shares of UDR have been sold short.

Short Interest Ratio / Days to Cover

UDR has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in UDR has recently decreased by 1.87%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.58

News Sentiment

UDR has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for UDR this week, compared to 7 articles on an average week.

Search Interest

Only 3 people have searched for UDR on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, UDR insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.73% of the stock of UDR is held by insiders.

Percentage Held by Institutions

97.84% of the stock of UDR is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

UDR Stock Analysis - Frequently Asked Questions

How have UDR shares performed this year?

UDR's stock was trading at $38.29 at the beginning of 2024. Since then, UDR stock has increased by 15.8% and is now trading at $44.34.
View the best growth stocks for 2024 here.

How were UDR's earnings last quarter?

UDR, Inc. (NYSE:UDR) issued its quarterly earnings data on Tuesday, July, 30th. The real estate investment trust reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.61 by $0.53. The company's revenue for the quarter was up 2.7% on a year-over-year basis.
Read the conference call transcript.

Who are UDR's major shareholders?

Top institutional shareholders of UDR include State Street Corp (6.30%), FMR LLC (3.46%), Geode Capital Management LLC (2.33%) and Daiwa Securities Group Inc. (2.15%). Insiders that own company stock include Thomas W Toomey and Michael D Lacy.
View institutional ownership trends.

How do I buy shares of UDR?

Shares of UDR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of UDR own?

Based on aggregate information from My MarketBeat watchlists, some other companies that UDR investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Exxon Mobil (XOM) and Adobe (ADBE).

Company Calendar

• Last Earnings: 7/30/2024
• Ex-Dividend for 10/31 Dividend: 10/10/2024
• Dividend Payable: 10/31/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Residential REITs
• Current Symbol: NYSE:UDR
• CUSIP: 90265310
• CIK: 74208
• Web: www.udr.com
• Phone: (720) 283-6120
• Fax: N/A
• Employees: 1,410
• Year Founded: 1972

Price Target and Rating

• Average Stock Price Target: $45.18
• High Stock Price Target: $52.00
• Low Stock Price Target: $37.00
• Potential Upside/Downside: +1.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.41
• Research Coverage: 17 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.37
• Trailing P/E Ratio: 119.84
• Forward P/E Ratio: 17.95
• P/E Growth: 12.3
• Net Income: $444.35 million
• Net Margins: 7.68%
• Pretax Margin: 8.30%
• Return on Equity: 3.57%
• Return on Assets: 1.19%

Debt

• Debt-to-Equity Ratio: 1.69
• Current Ratio: 5.91
• Quick Ratio: 5.91

Sales & Book Value

• Annual Sales: $1.66 billion
• Price / Sales: 8.80
• Cash Flow: $3.46 per share
• Price / Cash Flow: 12.83
• Book Value: $12.00 per share
• Price / Book: 3.70

Miscellaneous

• Outstanding Shares: 329,960,000
• Free Float: 317,652,000
• Market Cap: $14.63 billion
• Optionable: Optionable
• Beta: 0.85