DDR (DDR) Set to Announce Quarterly Earnings on Thursday

DDR (NYSE:DDR) will be issuing its quarterly earnings data before the market opens on Thursday, February 15th. Analysts expect the company to announce earnings of $0.02 per share for the quarter.

Shares of DDR (NYSE:DDR) opened at $7.21 on Tuesday. DDR has a fifty-two week low of $6.77 and a fifty-two week high of $15.55. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.51. The company has a market cap of $2,612.42, a P/E ratio of -180.25, a PEG ratio of 1.39 and a beta of 0.60.

DDR has been the topic of a number of recent analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and set a $9.00 price target (down previously from $11.00) on shares of DDR in a report on Tuesday, November 7th. Boenning Scattergood reiterated a “sell” rating on shares of DDR in a report on Monday, December 18th. Morgan Stanley reiterated an “equal weight” rating and set a $8.25 price target on shares of DDR in a report on Thursday, December 14th. ValuEngine cut shares of DDR from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Finally, Zacks Investment Research cut shares of DDR from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued 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 for DDR (NYSE:DDR)

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