News coverage about DDR (NYSE:DDR) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DDR earned a news impact score of 0.10 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 48.0339354934936 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
Several research analysts recently commented on the company. Zacks Investment Research upgraded DDR from a “hold” rating to a “buy” rating and set a $10.00 price target for the company in a research report on Wednesday, October 4th. Boenning Scattergood lowered DDR from a “neutral” rating to an “under perform” rating in a research report on Tuesday, October 3rd. ValuEngine upgraded DDR from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Mizuho reiterated a “hold” rating and issued a $10.00 price target on shares of DDR in a research report on Monday, October 9th. Finally, Capital One Financial reiterated an “equal weight” rating on shares of DDR in a research report on Friday, December 15th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the company. DDR presently has a consensus rating of “Hold” and an average price target of $11.29.
DDR (DDR) opened at $8.57 on Friday. DDR has a 12-month low of $7.26 and a 12-month high of $15.57. The stock has a market capitalization of $3,160.00, a P/E ratio of -18.63, a price-to-earnings-growth ratio of 1.72 and a beta of 0.75. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.61 and a current ratio of 0.61.
DDR (NYSE:DDR) last announced its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.03. DDR had a negative return on equity of 7.74% and a negative net margin of 18.93%. The business had revenue of $220.10 million during the quarter, compared to analyst estimates of $218.58 million. During the same quarter in the previous year, the business earned $0.33 earnings per share. The company’s revenue for the quarter was down 10.2% compared to the same quarter last year. equities research analysts forecast that DDR will post 1.15 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, January 5th. Shareholders of record on Tuesday, December 12th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Monday, December 11th. This represents a $0.76 annualized dividend and a dividend yield of 8.87%. DDR’s dividend payout ratio (DPR) is presently -165.22%.
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DDR 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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