UDR, Inc. (NYSE:UDR – Free Report) – Equities researchers at Zacks Research dropped their Q1 2026 EPS estimates for UDR in a note issued to investors on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings per share of $0.64 for the quarter, down from their previous forecast of $0.65. The consensus estimate for UDR’s current full-year earnings is $2.47 per share.
A number of other brokerages also recently issued reports on UDR. BNP Paribas started coverage on UDR in a research note on Wednesday, September 11th. They issued an “outperform” rating and a $49.00 target price for the company. Piper Sandler raised their price objective on shares of UDR from $40.00 to $46.00 and gave the stock a “neutral” rating in a research report on Monday, August 26th. StockNews.com lowered shares of UDR from a “hold” rating to a “sell” rating in a report on Tuesday, November 19th. Wells Fargo & Company raised their price target on shares of UDR from $41.00 to $48.00 and gave the stock an “overweight” rating in a report on Monday, August 26th. Finally, Truist Financial upped their price objective on UDR from $44.00 to $47.00 and gave the company a “buy” rating in a report on Monday, August 26th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $45.18.
UDR Price Performance
Shares of NYSE UDR opened at $45.57 on Monday. The firm has a 50-day simple moving average of $44.47 and a 200-day simple moving average of $42.40. The company has a quick ratio of 5.91, a current ratio of 5.91 and a debt-to-equity ratio of 1.69. The stock has a market capitalization of $15.04 billion, a price-to-earnings ratio of 123.17, a price-to-earnings-growth ratio of 12.51 and a beta of 0.85. UDR has a 52 week low of $32.85 and a 52 week high of $47.55.
UDR Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Thursday, October 10th were paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 3.73%. The ex-dividend date of this dividend was Thursday, October 10th. UDR’s payout ratio is currently 459.47%.
Hedge Funds Weigh In On UDR
A number of hedge funds have recently modified their holdings of the stock. FMR LLC grew its stake in shares of UDR by 14.8% during the third quarter. FMR LLC now owns 11,401,026 shares of the real estate investment trust’s stock worth $516,923,000 after purchasing an additional 1,471,855 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of UDR by 2.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 7,109,980 shares of the real estate investment trust’s stock valued at $322,366,000 after acquiring an additional 159,625 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of UDR by 2.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,732,429 shares of the real estate investment trust’s stock valued at $194,737,000 after acquiring an additional 103,384 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in UDR by 2.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,272,032 shares of the real estate investment trust’s stock worth $193,694,000 after acquiring an additional 117,213 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in UDR by 115.3% during the second quarter. Millennium Management LLC now owns 3,499,150 shares of the real estate investment trust’s stock valued at $143,990,000 after purchasing an additional 1,874,096 shares during the period. 97.84% of the stock is owned by institutional investors and hedge funds.
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.
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