UDR, Inc. (UDR)
| Market Cap | 13.93B |
| Revenue (ttm) | 1.22B |
| Net Income (ttm) | 57.93M |
| Shares Out | 296.54M |
| EPS (ttm) | 0.20 |
| PE Ratio | 238.06 |
| Forward PE | 128.21 |
| Dividend | $1.44 |
| Dividend Yield | 3.09% |
| Trading Day | May 10 |
| Last Price | $46.66 |
| Previous Close | $46.29 |
| Change ($) | 0.37 |
| Change (%) | 0.80% |
| Day's Open | 46.49 |
| Day's Range | 46.36 - 47.24 |
| Day's Volume | 1,040,608 |
| 52-Week Range | 28.82 - 47.28 |
Despite occupancy gains, UDR's first-quarter 2021 results fail to impress. Moreover, same-store net operating income declines year over year.
UDR (UDR) delivered FFO and revenue surprises of -2.08% and -0.50%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) First Quarter 2021 Highlights: Net income per share was $0.01, Funds from Operations (“FFO”) per share was $0.32, FFO as Adjusted (“FFOA”) per share wa...
While UDR's Q1 results will likely reflect gains from innovative technological solutions and portfolio diversification, the tepid environment in its urban markets and elevated concessions are concerns.
The first quarter, which typically remains a slow leasing period in other years, was impressive this year with solid demand for rental units and the most noticeable in the Sunbelt region.
DENVER--(BUSINESS WIRE)--UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, announced today that it will release its first quarter 2021 financial results on Tuesday, April 27, 20...
Tapping the equity market for additional capital, UDR announced a public offering of 7 million shares of its common stock through forward sale arrangements.
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR) announced today that it has priced an underwritten public offering of 7,000,000 shares of common stock for expected gross proceeds of appro...
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), announced today that it is commencing an underwritten public offering of 7,000,000 shares of common stock in connection with the forward s...
With a decent portfolio and a strong financial position, UDR's increased dividend is sustainable.
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 stock ...
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, today announced that Thomas W. Toomey, Chairman and Chief Executive Officer, will host...
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that the Company was named the Smart Buildings Innovator of the Year f...
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), announced today that it has priced an offering of $300 million aggregate principal amount of 2.100% senior unsecured medium-term notes due...
Despite decent rent collections, UDR's fourth-quarter 2020 results are affected by higher concessionary activity and physical occupancy erosions in the urban markets.
UDR (UDR) delivered FFO and revenue surprises of 0.00% and -1.66%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
While UDR's Q4 results will likely reflect the impacts of the urban exodus, WELL and PEAK's results will likely be hindered by occupancy loss at respective seniors housing communities.
While UDR Q4 results might reflect gains from innovative technological solutions and portfolio diversification, soft rental housing demand in many of its markets and elevated concessions are concerns.
DENVER--(BUSINESS WIRE)--UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, reported today the tax status of its 2020 distributions paid to shareholders. Details on the classific...
DENVER--(BUSINESS WIRE)--UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, announced today that it will release its fourth quarter and full-year 2020 financial results on Tuesda...
The apartment REIT sector has provided strong, long-term outperformance. And once we move past the pandemic, we suspect this trend will pick back up right where it left off. As such, let's focus on UDR.
Last week, we published an article highlighting what could be a major workforce trend: The tech-exodus from California. Even with this headwind in place, we rate Essex Property Trust a Buy.
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 stock ...
DENVER--(BUSINESS WIRE)--UDR, Inc. (the "Company") (NYSE: UDR), a leading multifamily real estate investment trust, today announced that Jerry A. Davis, President and Chief Operating Officer (“COO”), wi...
Proceeds from UDR's $350-million senior unsecured notes offering will be used to repay debt obligations due in 2024. This is likely to enhance its financial flexibility.
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), announced today that it has priced an offering of $350 million aggregate principal amount of 1.900% senior unsecured medium-term notes due...
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, today announced that it earned a 2020 Global Real Estate Sustainability Benchmark (“GR...
UDR has seen challenges in the current environment due to its exposure to New York, San Francisco, and Boston. However, UDR appears to be stabilizing, with a recovery in occupancy for Manhattan in October.
The pandemic-driven "urban exodus" hasn't yet shown signs of slowing. Apartment REITs in the coastal "shutdown cities" have been slammed as residents flee to lower-cost suburban markets and business-fri...
Housing stocks see split reaction on vaccine news
Housing stocks are having a split reaction to the Covid-19 vaccine news. CNBC's Diana Olick reports on why homebuilder stocks and apartment REITs are responding differently to the news.
UDR (UDR) CEO Thomas Toomey on Q3 2020 Results - Earnings Call Transcript
Despite transitory issues in key markets, UDR's third-quarter 2020 results gain from stability in rent collections.
UDR (UDR) delivered FFO and revenue surprises of 0.00% and 1.59%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) Third Quarter 2020 Highlights: Net loss per share was ($0.09), Funds from Operations (“FFO”) per share was $0.42, FFO as Adjusted (“FFOA”) per share wa...
While UDR's Q3 results will likely reflect gains from innovative technological solutions and process-enhancement efforts, bleak rental housing demand and elevated concessions are concerns.
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), announced today the release of the Company's 2020 Corporate Responsibility (“CR”) Report, which can be accessed on the Company's redesigne...
The strategies of these five REITs that invest in purchasing, developing, and managing apartment complexes may make them smart investments.
DENVER--(BUSINESS WIRE)--UDR, Inc. (the "Company") (NYSE: UDR), a leading multifamily real estate investment trust, today announced the appointment of Diane M. Morefield to its Board of Directors effect...
DENVER--(BUSINESS WIRE)--UDR, Inc. (NYSE: UDR) announced today that it will release its third quarter 2020 financial results on Thursday, October 29, 2020 after the market closes. A conference call will...
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 stock ...
If you haven’t heard of UDR, that’s understandable. It doesn’t get much coverage here on Seeking Alpha.
A Portfolio Full Of REIT Dividends And It's Time To Double Down
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, today announced that the Company will participate in the Bank of America Securities 20...
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 September 30, 2020, UDR owned or had an ownership position in 51,649 apartment homes including 1,031 homes under development. For over 48 years, UDR has delivered long-term value to shareholders, the best standard of service to R... [Read more...]
| Industry REIT-Residential | |
| CEO Thomas Toomey | Employees 1,263 |
| Stock Exchange NYSE | Ticker Symbol UDR |
Financial Performance
In 2020, UDR, Inc.'s revenue was $1.24 billion, an increase of 7.72% compared to the previous year's $1.15 billion. Earnings were $64.27 million, a decrease of -65.26%.
Analyst Forecasts
According to 19 analysts, the average rating for UDR, Inc. stock is "Buy." The 12-month stock price forecast is 46.50, which is a decrease of -0.34% from the latest price.