DDR Corp. (DDR) Earns Daily Media Sentiment Score of 0.10
News stories about DDR Corp. (NYSE:DDR) have trended somewhat positive on Tuesday, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. DDR Corp. earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 46.1627245106428 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Stocks in the News: Macy’s, Inc., (NYSE: M), DDR Corp., (NYSE: DDR), TransCanada Corporation, (NYSE: TRP … – Stocks In The News (press release) (tradingnewsnow.com)
- Eye-Catching Shares: DDR Corp (NYSE: DDR) – Alpha Beta Stock (alphabetastock.com)
- Remarkable Stocks In Focus: DDR Corp. (NYSE:DDR) a REIT – Retail Company – The Stock Street (press release) (thestreetpoint.com)
- PATRIOT Launches New VIPER LED Series DDR4 Performance Memory (prweb.com)
- DDR Corp. (DDR) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
DDR Corp. (NYSE DDR) traded down $0.03 during trading hours on Tuesday, hitting $8.05. The company’s stock had a trading volume of 2,771,260 shares, compared to its average volume of 5,068,705. The firm has a market cap of $2,960.00, a price-to-earnings ratio of 6.90, a price-to-earnings-growth ratio of 1.45 and a beta of 0.76. DDR Corp. has a 52-week low of $7.55 and a 52-week high of $15.82. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.61 and a quick ratio of 0.61.
DDR Corp. (NYSE:DDR) last posted its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.03. The firm had revenue of $220.10 million for the quarter, compared to analyst estimates of $218.58 million. DDR Corp. had a return on equity of 3.48% and a net margin of 1.11%. The business’s quarterly revenue was down 10.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.33 EPS. equities research analysts forecast that DDR Corp. will post 1.14 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Tuesday, December 12th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 9.44%. The ex-dividend date of this dividend is Monday, December 11th. DDR Corp.’s dividend payout ratio (DPR) is -165.22%.
Several research firms have recently weighed in on DDR. Zacks Investment Research cut DDR Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $9.00 price objective (down previously from $11.00) on shares of DDR Corp. in a report on Tuesday, November 7th. Boenning Scattergood reiterated a “sell” rating on shares of DDR Corp. in a report on Monday, November 6th. SunTrust Banks, Inc. reissued a “hold” rating and issued a $10.00 target price on shares of DDR Corp. in a research report on Friday, November 3rd. Finally, Mizuho reissued a “hold” rating and issued a $10.00 target price on shares of DDR Corp. in a research report on Monday, October 9th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $12.04.
DDR Corp. Company Profile
DDR Corp. is a self-administered and self-managed real estate investment trust. It operates through two segments: shopping centers and loan investments. It is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. As of December 31, 2016, it owned and managed approximately 106 million total square feet of gross leasable area (GLA).
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