UDR, Inc. (UDR)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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 - ...
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 (“...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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.
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...
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...
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 (...
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...
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...
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...
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...
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...
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 (“...
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...
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...