UDR, Inc. (UDR)

NYSE: UDR · Real-Time Price · USD
43.46
+1.04 (2.45%)
Dec 20, 2024, 4:00 PM EST - Market closed
2.45%
Market Cap 16.20B
Revenue (ttm) 1.68B
Net Income (ttm) 122.76M
Shares Out 372.76M
EPS (ttm) 0.37
PE Ratio 116.47
Forward PE 91.92
Dividend $1.70 (3.91%)
Ex-Dividend Date Oct 10, 2024
Volume 2,355,031
Open 42.70
Previous Close 42.42
Day's Range 42.46 - 43.84
52-Week Range 34.19 - 47.55
Beta 0.87
Analysts Buy
Price Target 44.56 (+2.53%)
Earnings Date Feb 4, 2025

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. markets. As of March 31, 2024, UDR owned or had an ownership position in 60,124 apartment homes including 311 homes under development. For over 51 years, UDR has delivered long-term value to shareholders, the best standard of service to Residen... [Read more]

Sector Real Estate
Founded 1972
Employees 1,410
Stock Exchange NYSE
Ticker Symbol UDR
Full Company Profile

Financial Performance

In 2023, UDR, Inc.'s revenue was $1.66 billion, an increase of 6.22% compared to the previous year's $1.56 billion. Earnings were $439.51 million, an increase of 432.66%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for UDR stock is "Buy." The 12-month stock price forecast is $44.56, which is an increase of 2.53% from the latest price.

Price Target
$44.56
(2.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

UDR Declares Quarterly Dividends

DENVER--(BUSINESS WIRE)--UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, today announced that its Board of Directors declared a regular quarterly dividend on its common stoc...

2 days ago - Business Wire

Cash COWs And Buried Treasures: 2024 Performance Review

About a year ago, I published two proposed portfolios:  Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). T...

Other symbols: APLEBNLBXPCIOCUZDEIDOC
11 days ago - Seeking Alpha

Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'

Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...

Other symbols: BBYCAGEQRETRFRTKEYKIM
6 weeks ago - Seeking Alpha

UDR, Inc. (UDR) Q3 2024 Earnings Call Transcript

UDR, Inc. (NYSE:UDR) Q3 2024 Results Conference Call October 31, 2024 1:00 PM ET Company Participants Trent Trujillo - VP, IR Tom Toomey - Chairman and CEO Joe Fisher - President and CFO Mike Lacy - ...

7 weeks ago - Seeking Alpha

UDR Announces Third Quarter Results and Raises Full-Year 2024 Guidance Ranges

DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), announced today its third quarter 2024 results. Net Income, Funds from Operations (“FFO”), FFO as Adjusted (“FFOA”), and Adjusted FFO (“...

7 weeks ago - Business Wire

UDR, Inc. Publishes Sixth Annual Environmental, Social, and Governance (“ESG”) Report

DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, today announced the publication of the Company's sixth annual ESG Report, which can ...

2 months ago - Business Wire

SuiteSpot Raises Series-A Funding from RET Ventures and UDR To Centralize Multifamily Maintenance and Capital Projects

TORONTO--(BUSINESS WIRE)--SuiteSpot, a multifamily centralization software, today announced the close of its Series A financing round. The round was led by leading real estate technology venture capit...

2 months ago - Business Wire

UDR Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that it will release its third quarter 2024 financial results on Wed...

2 months ago - Business Wire

Assessing The Impact Of Mortgage Rates On REITs

Historically, REITs outperform the S&P 500 after rising interest rates, with recent data showing a 25% return from May to September 2024. Mortgage rates impact REITs differently, with lower rates boos...

Other symbols: AMHAVBCPTEQRESSEXRINVH
2 months ago - Seeking Alpha

UDR: At Fair Value After A Rate-Driven Rally

UDR shares have outperformed the market, gaining 12% versus the S&P 500's 6% rally, driven by declining interest rates and stabilizing apartment rents. UDR's performance is closely tied to interest ra...

2 months ago - Seeking Alpha

Buried Treasures: 11 Dramatically Undervalued REITs

REIT yields are becoming more competitive, especially with the likelihood of interest rate cuts and low inflation on the horizon. This article identifies 35 equity REITs yielding 4.75% or better and a...

Other symbols: APLEBNLBXPCUZDOCEPRGTY
3 months ago - Seeking Alpha

UDR to Participate in Bank of America Securities 2024 Global Real Estate Conference

DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that the Company will participate in the Bank of America Securities ...

3 months ago - Business Wire

10 REITs With The Best Risk Ratings

REITs have rallied strongly recently, with a 7.93% increase in the past 3 months. Recent economic data suggests rate cuts have changed sentiment towards the real estate sector rapidly. Blue chip REITs...

Other symbols: AMHAVBCPTEQRINVHMAAPLD
4 months ago - Seeking Alpha

Office REITs find an open door in the bond market

Top owners of high-quality office properties were among a batch of public real-estate investment trusts that raised nearly $2.5 billion in debt and equity in the past week.

Other symbols: BXPCUZKRGNHI
4 months ago - Market Watch

UDR Prices Senior Unsecured Notes Due 2034

DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), announced today that it has priced an offering of $300 million aggregate principal amount of 5.125% senior unsecured notes due 2034. The...

4 months ago - Business Wire

UDR, Inc. (UDR) Q2 2024 Earnings Call Transcript

UDR, Inc. (NYSE:UDR) Q2 2024 Results Conference Call July 31, 2024 12:00 PM ET Company Participants Trent Trujillo - VP, IR Tom Toomey - Chairman and CEO Joe Fisher - President and CFO Mike Lacy - SV...

5 months ago - Seeking Alpha

UDR Announces Second Quarter Results and Raises Full-Year 2024 Guidance Ranges

DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), announced today its second quarter 2024 results. Net Income, Funds from Operations (“FFO”), FFO as Adjusted (“FFOA”), and Adjusted FFO (...

5 months ago - Business Wire

UDR: Less Risky, But Fairly Valued

UDR is a REIT that owns and manages multi-family apartment communities, primarily in the West Coast and Northeast markets. The portfolio is well-diversified, leverage is low, and liquidity is high, bu...

5 months ago - Seeking Alpha

UDR, Inc. Named 2024 Top Workplaces Industry Winner

DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust and GRESB Sector Leader for its sustainability leadership, announced today that it ha...

5 months ago - Business Wire

UDR Announces Dates for Second Quarter 2024 Earnings Release and Conference Call

DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that it will release its second quarter 2024 financial results on Tu...

5 months ago - Business Wire

UDR, Inc.: Better Results But Less Benefit From Peaking Apartment Supply

UDR's shares have underperformed due to high interest rates and cooling in the apartment rental market. Signs of the rental market finding a bottom make me incrementally more positive about UDR, thoug...

7 months ago - Seeking Alpha

UDR, Inc. (UDR) Q1 2024 Earnings Call Transcript

UDR, Inc. (NYSE:UDR) Q1 2024 Earnings Conference Call May 1, 2024 12:00 PM ET Company Participants Trent Trujillo - Vice President of Investor Relations Thomas Toomey - Chairman and Chief Executive O...

8 months ago - Seeking Alpha

UDR Announces First Quarter Results and Raises Certain Full-Year 2024 Guidance Ranges

DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), announced today its first quarter 2024 results. Net Income, Funds from Operations (“FFO”), FFO as Adjusted (“FFOA”), and Adjusted FFO (“...

8 months ago - Business Wire

REIT Rally 2.0: Opportunity Awaits For Investment In High-Quality Gems

Inflation is rising, causing bond rates to increase and stock prices to fall. REITs, which are income-oriented and interest rate sensitive, are particularly affected. This creates a buying opportunity...

Other symbols: AMTARECPTEQIXESSMAANNN
8 months ago - Seeking Alpha

UDR Announces Dates for First Quarter 2024 Earnings Release and Conference Call

DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that it will release its first quarter 2024 financial results on Tue...

9 months ago - Business Wire