UDR Inc. Set to Release Earnings Amid Positive Market Trends
UDR Inc. (UDR), based in Highlands Ranch, Colorado, is a prominent real estate investment trust (REIT) that focuses on owning, operating, and developing residential communities across the United States. With a market capitalization of $13.1 billion, the company primarily invests in apartment buildings and multifamily residential properties, boasting a portfolio that spans crucial urban and suburban markets. UDR plans to announce its first-quarter earnings for 2025 after the market closes on Wednesday, April 30.
Analysts Forecast Strong Performance for UDR
Leading up to this earnings release, analysts predict that UDR will report an FFO of $0.61 per share on a diluted basis. This figure matches the amount reported during the same quarter last year. Importantly, UDR has consistently met or surpassed Wall Street’s EPS expectations over the past four quarters.
Future Projections for Fiscal Year 2025
For the full year 2025, analysts anticipate that UDR will report an FFO of $2.50, reflecting a slight increase from the $2.48 reported for fiscal 2024. Projections for fiscal 2026 suggest an FFO rise of 4% year over year to $2.60.
UDR Stock Performance Outpaces Market
Over the past 52 weeks, UDR’s stock has increased by 11.3%, which outperforms the S&P 500’s ($SPX) gains of 5.5% and the Real Estate Select Sector SPDR Fund’s (XLRE) rise of 6.8% in the same timeframe.
Recent Quarterly Results and Analyst Perspectives
Following its fourth-quarter results posted on February 5, UDR shares rose by 1.3%. The company reported total revenue of $422.7 million, a 2.3% year-over-year increase, primarily driven by strong rental income growth, although it was slightly below analysts’ estimates. Furthermore, UDR’s decision to raise its quarterly dividend served as a positive indicator, boosting investor confidence.
Analysts maintain a generally bullish outlook on UDR stock, giving it a “Moderate Buy” rating overall. Out of 24 analysts covering the stock, nine recommend a “Strong Buy,” 14 suggest a “Hold,” and one advises a “Strong Sell.” The average analyst price target is $46.10, indicating a potential upside of 13% from current levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
