News articles about UDR (NYSE:UDR) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. UDR earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 45.7741178280247 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 media headlines that may have effected Accern’s rankings:
UDR has been the subject of several research reports. Bank of America raised UDR from a “neutral” rating to a “buy” rating and set a $40.00 price target for the company in a research note on Friday, March 9th. Zacks Investment Research cut UDR from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. SunTrust Banks set a $39.00 target price on UDR and gave the stock a “hold” rating in a report on Monday, January 22nd. Robert W. Baird reissued a “buy” rating and set a $40.00 price target on shares of UDR in a research report on Tuesday, January 9th. Finally, Evercore ISI raised UDR from an “underperform” rating to an “in-line” rating in a research report on Monday, December 11th. Thirteen analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $38.71.
Shares of NYSE UDR remained flat at $$35.71 during mid-day trading on Friday. The stock had a trading volume of 1,316,627 shares, compared to its average volume of 1,543,417. The stock has a market capitalization of $9,661.80, a P/E ratio of 19.27, a price-to-earnings-growth ratio of 3.34 and a beta of 0.36. The company has a debt-to-equity ratio of 1.32, a quick ratio of 4.93 and a current ratio of 4.93. UDR has a twelve month low of $32.88 and a twelve month high of $40.71.
UDR (NYSE:UDR) last announced its quarterly earnings data on Tuesday, February 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.48. UDR had a return on equity of 4.53% and a net margin of 12.21%. The firm had revenue of $250.12 million during the quarter, compared to the consensus estimate of $250.37 million. During the same period in the prior year, the business earned $0.46 EPS. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. research analysts anticipate that UDR will post 1.93 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Monday, April 9th will be issued a dividend of $0.3225 per share. This is a positive change from UDR’s previous quarterly dividend of $0.31. The ex-dividend date is Friday, April 6th. This represents a $1.29 dividend on an annualized basis and a dividend yield of 3.61%. UDR’s dividend payout ratio is currently 66.31%.
In related news, CEO Thomas W. Toomey sold 13,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 28th. The stock was sold at an average price of $35.50, for a total transaction of $461,500.00. Following the completion of the transaction, the chief executive officer now owns 1,149,390 shares in the company, valued at approximately $40,803,345. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Thomas W. Toomey sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, March 16th. The stock was sold at an average price of $35.90, for a total value of $718,000.00. Following the transaction, the chief executive officer now owns 1,162,390 shares of the company’s stock, valued at approximately $41,729,801. The disclosure for this sale can be found here. In the last three months, insiders have sold 63,000 shares of company stock worth $2,256,800. 3.07% of the stock is currently owned by insiders.
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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.
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