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UDR Inc Stock Research

UDR

35.69USD-0.02(-0.06%)Delayedas of 27 Sep 2023, 11:32 am
Watchlist

Market Summary

USD35.69-0.02
Delayedas of 27 Sep 2023, 11:32 am
-0.06%

UDR Alerts

  • Big jump in Earnings (Y/Y)

UDR Stock Price

UDR RSI Chart

UDR Valuation

Market Cap

11.8B

Price/Earnings (Trailing)

26.34

Price/Sales (Trailing)

7.38

EV/EBITDA

8.8

Price/Free Cashflow

14.14

UDR Price/Sales (Trailing)

UDR Profitability

EBT Margin

7.13%

Return on Equity

2.66%

Return on Assets

0.95%

Free Cashflow Yield

7.07%

UDR Fundamentals

UDR Revenue

Revenue (TTM)

1.6B

Revenue Y/Y

9.58%

Revenue Q/Q

1.25%

UDR Earnings

Earnings (TTM)

446.6M

Earnings Y/Y

6.7K%

Earnings Q/Q

1.0K%

Price Action

52 Week Range

35.5345.46
(Low)(High)

Last 7 days

-5.6%

Last 30 days

-8.8%

Last 90 days

-15.3%

Trailing 12 Months

-11.8%

UDR Financial Health

Debt/Equity

1.37

Debt/Cashflow

0.15

UDR Investor Care

Dividend Yield

4.48%

Dividend/Share (TTM)

1.6

Shares Dilution (1Y)

3.50%

Diluted EPS (TTM)

1.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for UDR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-21
Lacy Michael D
sold (taxes)
-22,889
43.85
-522
svp-property operations
2023-02-15
Lacy Michael D
sold (taxes)
-11,345
45.02
-252
svp-property operations
2023-02-15
Hofmeister Tracy L
sold (taxes)
-5,222
45.02
-116
svp - chief accounting officer
2023-02-09
Lacy Michael D
sold (taxes)
-54,065
43.92
-1,231
svp-property operations
2023-02-09
Lacy Michael D
acquired
-
-
3,520
svp-property operations
2023-02-09
Hofmeister Tracy L
acquired
-
-
912
svp - chief accounting officer
2023-02-09
Hofmeister Tracy L
sold (taxes)
-8,784
43.92
-200
svp - chief accounting officer
2023-02-06
Fisher Joseph D
sold (taxes)
-30,309
42.69
-710
president-cfo
2023-02-06
ALCOCK HARRY G
sold (taxes)
-57,973
42.69
-1,358
svp-chief investment officer
2023-01-03
MCNAMARA ROBERT A
acquired
99,986
38.59
2,591
-

1–10 of 50

Which funds bought or sold UDR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-20
BARCLAYS PLC
added
51.28
8,171,000
22,195,000
0.01%
2023-09-12
Farther Finance Advisors, LLC
added
11.67
414
2,878
-%
2023-08-28
DT Investment Partners, LLC
unchanged
-
-162
9,072
-%
2023-08-24
Alberta Investment Management Corp
unchanged
-
12,730
287,832
-%
2023-08-23
WOLVERINE TRADING, LLC
added
21.8
191,705
812,705
-%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
added
62.68
919,829
2,230,050
0.02%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-13.78
-35,879
330,747
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-1.06
41,000
1,187,000
0.01%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.43
-230,518
21,721,300
0.03%
2023-08-16
National Pension Service
reduced
-0.26
1,457,170
21,563,700
0.04%

1–10 of 49

Latest Funds Activity

Are funds buying UDR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own UDR
No. of Funds

Schedule 13G FIlings of UDR

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2023
cohen & steers, inc.
10.43%
34,336,156
SC 13G/A
Feb 14, 2023
norges bank
7.27%
23,662,326
SC 13G/A
Feb 14, 2023
cohen & steers, inc.
9.72%
31,654,813
SC 13G/A
Feb 09, 2023
vanguard group inc
16.18%
52,667,742
SC 13G/A
Jan 31, 2023
state street corp
6.35%
20,668,054
SC 13G/A
Jan 23, 2023
blackrock inc.
10.6%
34,436,114
SC 13G/A
Feb 14, 2022
cohen & steers, inc.
14.03%
43,378,707
SC 13G/A
Feb 14, 2022
state street corp
5.99%
18,511,451
SC 13G/A
Feb 10, 2022
vanguard group inc
15.61%
48,274,114
SC 13G/A
Feb 08, 2022
norges bank
5.88%
18,129,085
SC 13G/A

Recent SEC filings of UDR

View All Filings
Date Filed Form Type Document
Sep 11, 2023
8-K
Current Report
Jul 28, 2023
4
Insider Trading
Jul 27, 2023
10-Q
Quarterly Report
Jul 26, 2023
8-K
Current Report

Peers (Alternatives to UDR)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
48.1B
4.4B
-0.64% -17.74%
11.24
10.95
14.80% 87.79%
35.9B
5.1B
-4.87% 20.41%
83.79
6.99
13.73% -68.04%
22.2B
2.0B
-8.85% -11.54%
26.67
11.02
-22.97% -33.54%
20.0B
2.7B
-14.60% -28.78%
26.64
7.46
15.16% 88.51%
10.8B
1.8B
-6.99% -3.33%
26.72
6.15
6.75% -42.80%
MID-CAP
7.4B
1.1B
-7.33% 2.70%
19.01
6.66
8.31% 38.10%
4.6B
820.5M
-2.66% 26.63%
165.56
5.67
29.95% 125.56%
4.1B
1.8B
-1.86% -5.15%
-11.07
2.26
5.60% -286.96%
2.4B
866.2M
-0.63% 43.93%
-27.13
2.73
0.51% -335.26%
SMALL-CAP
2.4B
426.3M
-0.58% 66.41%
24.86
5.52
1.38% 137.97%
2.3B
882.0M
-0.74% -1.41%
-5.19
2.6
11.76% -239.94%
988.7M
732.3M
-5.41% -26.08%
-11.6
1.35
-0.03% -4012.90%
971.6M
339.3M
-13.11% -8.40%
-5.5
2.86
88.48% -168.70%

UDR News

The Globe and Mail
Scotiabank strategists unveil their 'Dividend Yield Champions'.
The Globe and Mail,
3 hours ago
조선일보
Nasdaq

Returns for UDR

Cumulative Returns on UDR

7.5%


10-Year Cumulative Returns

2.8%


7-Year Cumulative Returns

0.8%


5-Year Cumulative Returns

6.2%


3-Year Cumulative Returns

Risks for UDR

What is the probability of a big loss on UDR?

50.8%


Probability that UDR stock will be more than 20% underwater in next one year

30%


Probability that UDR stock will be more than 30% underwater in next one year.

0%


Probability that UDR stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does UDR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if UDR was unfortunately bought at previous high price.

Drawdowns

Financials for UDR

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue2.3%1,5951,5601,5171,4661,4041,3471,2911,2451,2251,2211,2411,2441,2291,2031,1521,1151,0861,0641,0471,0321,017
Costs and Expenses1.2%1,3321,3161,2921,2661,2341,1911,1591,1211,1051,1061,1111,0991,0561,001936884858841828827821
  S&GA Expenses-0.2%67.0067.0064.0061.0061.0060.0058.0056.0052.0048.0050.0052.0053.0054.0052.0048.0048.0048.0047.0048.0048.00
EBITDA-100.0%-961928997974957969877857919893964975908882------
EBITDA Margin-100.0%-0.62*0.61*0.68*0.69*0.71*0.75*0.70*0.70*0.75*0.72*0.77*0.79*0.76*0.77*------
Interest Expenses5.1%172164156149145144186212238242203201181177171149141138134130126
Earnings Before Taxes329.2%47711193.0017216617316265.0019.0070.0072.00148205180203188177162222209207
EBT Margin-100.0%-0.07*0.06*0.12*0.12*0.13*0.13*0.05*0.02*0.06*0.06*0.12*0.17*0.15*0.18*------
Net Income328.7%44710487.0016015416115059.0016.0062.0064.00143195173193177170157222208205
Net Income Margin-100.0%-0.07*0.06*0.11*0.11*0.12*0.12*0.05*0.01*0.05*0.05*0.11*0.16*0.14*0.17*------
Free Cashflow-100.0%-827820783732701664631617592604630661629631------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.1%11,08610,96811,03811,09810,99710,68510,77510,4019,9199,5679,6389,5519,5649,6919,6368,6988,1977,9567,7127,6797,707
    Cash Equivalents31.7%2.001.001.002.001.001.001.001.003.001.001.001.001.001.008.002.001.001.001851.001.00
Liabilities-1.9%6,0306,1456,1006,2276,1146,0306,0016,0846,0105,5605,5235,4585,3155,3945,2284,3544,2293,9423,8164,0794,016
Shareholder's Equity5.1%4,1203,9214,0983,9513,8703,3933,4743,1242,8053,0163,2593,3333,4153,4783,3893,2722,9682,9622,9232,6072,769
  Additional Paid-In Capital0.2%7,5097,4947,4937,3327,2446,8926,8846,3915,8885,8865,8815,7765,7945,7885,7825,7035,2455,1844,9214,6204,639
Shares Outstanding0.1%329329329326318318318298297297297295295294295289282277276268267
Minority Interest0%0.000.000.000.000.000.0031.0027.0021.0015.0024.0021.0018.0014.0031.0025.0019.0013.0017.0014.0011.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations0.6%832827820783732701664631617592604630661629631611592566561536534
  Share Based Compensation-0.1%29.0029.0028.0025.0025.0024.0022.0022.0020.0018.0020.0026.0025.0025.0024.0017.0017.0017.0014.0013.0013.00
Cashflow From Investing56.8%-415-960-929-1,189-1,532-1,400-1,272-1,089-613-205-460-596-1,042-1,440-1,686-1,293-808-548-113-227-235
Cashflow From Financing-406.9%-4151351114077936916134649.00-375-152-33.15380811880678209-13.74-260-303-288
  Dividend Payments3.5%511493484472456442434428427425419414405395383369358348342339335
  Buy Backs---49.0061.00------20.0079.00------20.0027.0040.00

UDR Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUES:    
Rental income$ 403,098$ 367,748$ 801,405$ 723,929
Joint venture management and other fees$ 1,450$ 1,419$ 2,692$ 2,504
Type of revenueudr:ManagementAndOtherFeesMemberudr:ManagementAndOtherFeesMemberudr:ManagementAndOtherFeesMemberudr:ManagementAndOtherFeesMember
Total revenues$ 404,548$ 369,167$ 804,097$ 726,433
OPERATING EXPENSES:    
Property operating and maintenance68,86160,405133,695118,889
Real estate taxes and insurance57,51652,788115,486106,552
Property management13,10111,95226,04623,528
Other operating expenses4,2595,0277,2919,739
Real estate depreciation and amortization168,925167,584338,225331,206
General and administrative16,45216,58533,93231,493
Casualty-related charges/(recoveries), net1,1341,0745,290309
Other depreciation and amortization3,6813,0167,3306,091
Total operating expenses333,929318,431667,295627,807
Gain/(loss) on sale of real estate owned325,8840325,8850
Operating income396,50350,736462,68798,626
Income/(loss) from unconsolidated entities9,697(11,229)19,404(5,817)
Interest expense(45,113)(36,832)(88,855)(72,748)
Interest income and other income/(expense), net10,4473,00111,457561
Income/(loss) before income taxes371,5345,676404,69320,622
Tax (provision)/benefit, net(1,351)(312)(1,585)(655)
Net income/(loss)370,1835,364403,10819,967
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership(22,630)(272)(24,583)(1,151)
Net (income)/loss attributable to noncontrolling interests(8)(8)(16)(27)
Net income/(loss) attributable to UDR, Inc.347,5455,084378,50918,789
Distributions to preferred stockholders - Series E (Convertible)(1,222)(1,109)(2,405)(2,201)
Net income/(loss) attributable to common stockholders$ 346,323$ 3,975$ 376,104$ 16,588
Income/(loss) per weighted average common share - basic$ 1.05$ 0.01$ 1.14$ 0.05
Income/(loss) per weighted average common share - diluted$ 1.05$ 0.01$ 1.14$ 0.05
Weighted average number of common shares outstanding - basic328,957318,351328,871318,181
Weighted average number of common shares outstanding - diluted332,480319,572332,412319,592

UDR Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Real estate owned:  
Real estate held for investment$ 15,340,416$ 15,365,928
Less: accumulated depreciation(5,951,557)(5,762,205)
Real estate held for investment, net9,388,8599,603,723
Real estate under development (net of accumulated depreciation of $0 and $296, respectively)108,432189,809
Real estate held for disposition (net of accumulated depreciation of $0 and $0, respectively) 14,039
Total real estate owned, net of accumulated depreciation9,497,2919,807,571
Cash and cash equivalents1,5441,193
Restricted cash28,83729,001
Notes receivable, net183,62954,707
Investment in and advances to unconsolidated joint ventures, net963,253754,446
Operating lease right-of-use assets192,369194,081
Other assets218,782197,471
Total assets11,085,70511,038,470
Liabilities:  
Secured debt, net1,049,7151,052,281
Unsecured debt, net4,377,4974,435,022
Operating lease liabilities187,556189,238
Real estate taxes payable38,94537,681
Accrued interest payable46,72946,671
Security deposits and prepaid rent56,69051,999
Distributions payable148,403134,213
Accounts payable, accrued expenses, and other liabilities124,454153,220
Total liabilities6,029,9896,100,325
Commitments and contingencies (Note 13)
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership935,543839,850
Equity:  
Common stock, $0.01 par value; 450,000,000 shares authorized at June 30, 2023 and December 31, 2022: 329,478,476 and 328,993,088 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively3,2953,290
Additional paid-in capital7,508,6167,493,423
Distributions in excess of net income(3,445,679)(3,451,587)
Accumulated other comprehensive income/(loss), net9,1168,344
Total stockholders' equity4,119,9634,098,085
Noncontrolling interests210210
Total equity4,120,1734,098,295
Total liabilities and equity11,085,70511,038,470
8.00% Series E Cumulative Convertible Preferred Stock  
Equity:  
Preferred stock, no par value; 50,000,000 shares authorized at June 30, 2023 and December 31, 2022:44,61444,614
Series F  
Equity:  
Preferred stock, no par value; 50,000,000 shares authorized at June 30, 2023 and December 31, 2022:$ 1$ 1
Thomas W. Toomey
1230
UDR, Inc. (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S. markets. As of September 30, 2020, UDR owned or had an ownership position in 51,649 apartment homes including 1,031 homes under development. For over 48 years, UDR has delivered long-term value to shareholders, the best standard of service to Residents and the highest quality experience for Associates.