UDR (UDR) Given Coverage Optimism Rating of 0.16
News coverage about UDR (NYSE:UDR) has been trending somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. UDR earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 46.1877352475089 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
- SunTrust Banks Reiterates $38.00 Price Target for UDR (UDR) (americanbankingnews.com)
- FY2018 Earnings Forecast for UDR, Inc. (UDR) Issued By SunTrust Banks (americanbankingnews.com)
- Waveguide-to-coax adapters for RF and microwave uses like radar and SATCOM introduced by Fairview (militaryaerospace.com)
- SunTrust Banks Research Analysts Reduce Earnings Estimates for UDR, Inc. (UDR) (americanbankingnews.com)
Several equities analysts recently commented on the stock. Stifel Nicolaus reiterated a “hold” rating and set a $38.00 price target on shares of UDR in a report on Friday, January 19th. SunTrust Banks set a $38.00 price target on shares of UDR and gave the company a “hold” rating in a report on Monday, February 12th. TheStreet downgraded shares of UDR from a “b-” rating to a “c” rating in a report on Tuesday, February 6th. Zacks Investment Research downgraded shares of UDR from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Finally, BMO Capital Markets set a $40.00 price target on shares of UDR and gave the company a “hold” rating in a report on Tuesday, October 31st. Twelve analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $39.38.
UDR (NYSE:UDR) last released its quarterly earnings data on Tuesday, February 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.48. The company had revenue of $250.12 million during the quarter, compared to analysts’ expectations of $250.37 million. UDR had a net margin of 12.21% and a return on equity of 4.53%. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 EPS. research analysts predict that UDR will post 1.95 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 10th were given a $0.31 dividend. The ex-dividend date of this dividend was Tuesday, January 9th. This represents a $1.24 annualized dividend and a yield of 3.58%. UDR’s dividend payout ratio (DPR) is 288.37%.
In other UDR news, CEO Thomas W. Toomey sold 20,000 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $39.20, for a total value of $784,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,127,925 shares of the company’s stock, valued at approximately $44,214,660. The transaction was disclosed in a filing with the SEC, which is available through this link. 3.07% of the stock is owned by insiders.
UDR Company Profile
UDR, Inc is a self-administered real estate investment trust. The Company owns, operates, acquires, renovates, develops, redevelops, disposes of and manages multifamily apartment communities generally located in various markets across the United States. The Company’s segments are Same-Store Communities and Non-Mature Communities/Other.
Receive News & Ratings for UDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UDR and related companies with MarketBeat.com's FREE daily email newsletter.