DDR (NYSE:DDR) issued an update on its first quarter earnings guidance on Thursday morning. The company provided EPS guidance of at least $0.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.25.

Shares of DDR (NYSE:DDR) traded up $0.21 during trading on Thursday, reaching $7.40. 4,515,650 shares of the company were exchanged, compared to its average volume of 4,526,114. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.51. DDR has a 12-month low of $6.77 and a 12-month high of $14.89. The stock has a market cap of $2,645.58, a PE ratio of -179.75, a price-to-earnings-growth ratio of 1.41 and a beta of 0.60.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 3rd. Shareholders of record on Friday, March 16th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 10.27%. DDR’s dividend payout ratio is currently -1,900.00%.

A number of equities analysts have commented on the stock. Stifel Nicolaus assumed coverage on shares of DDR in a report on Thursday, November 30th. They issued a buy rating and a $8.25 price objective on the stock. SunTrust Banks reiterated a hold rating and issued a $10.00 price objective on shares of DDR in a report on Friday, November 3rd. Zacks Investment Research upgraded shares of DDR from a sell rating to a hold rating in a report on Tuesday, January 23rd. Capital One Financial reiterated an equal weight rating on shares of DDR in a report on Friday, December 15th. Finally, ValuEngine lowered shares of DDR from a buy rating to a hold rating in a report on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the stock. The company has a consensus rating of Hold and an average target price of $11.21.

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About DDR

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).

Earnings History and Estimates for DDR (NYSE:DDR)

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