UDR (NYSE:UDR) Posts Earnings Results, Beats Expectations By $0.53 EPS

UDR (NYSE:UDR) announced its earnings results on Wednesday. The real estate investment trust reported $0.63 EPS for the quarter, topping the consensus estimate of $0.10 by $0.53, Zacks reports. UDR had a net margin of 7.68% and a return on equity of 3.57%. UDR updated its FY 2025 guidance to 2.450-2.550 EPS and its Q1 2025 guidance to 0.600-0.620 EPS.

UDR Stock Performance

Shares of UDR stock traded up $0.50 on Wednesday, hitting $42.20. The stock had a trading volume of 1,896,075 shares, compared to its average volume of 2,009,034. The stock has a market cap of $13.92 billion, a price-to-earnings ratio of 114.04, a price-to-earnings-growth ratio of 11.38 and a beta of 0.88. The company has a quick ratio of 5.91, a current ratio of 5.91 and a debt-to-equity ratio of 1.69. UDR has a twelve month low of $34.19 and a twelve month high of $47.55. The business’s 50 day moving average is $42.86 and its two-hundred day moving average is $43.44.

UDR Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 9th were issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend was Friday, January 10th. UDR’s dividend payout ratio is presently 459.47%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on UDR shares. Wells Fargo & Company reduced their price objective on shares of UDR from $48.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, January 24th. Royal Bank of Canada decreased their price target on UDR from $46.00 to $45.00 and set a “sector perform” rating for the company in a research note on Tuesday, November 5th. Barclays dropped their price objective on UDR from $50.00 to $48.00 and set an “overweight” rating on the stock in a research note on Friday, January 24th. Mizuho decreased their target price on shares of UDR from $47.00 to $45.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Finally, Scotiabank lowered their target price on shares of UDR from $49.00 to $48.00 and set a “sector perform” rating on the stock in a report on Thursday, November 14th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $46.06.

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.