In the latest quarter, 13 analysts provided ratings for UDR (NYSE:UDR), showcasing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 4 | 6 | 1 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 1 | 2 | 4 | 0 | 0 |
| 3M Ago | 1 | 0 | 1 | 1 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $40.62, a high estimate of $45.00, and a low estimate of $34.00. This current average has increased by 5.12% from the previous average price target of $38.64.
Breaking Down Analyst Ratings: A Detailed Examination
A clear picture of UDR's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Anthony Paolone | JP Morgan | Raises | Overweight | $43.00 | $42.00 |
| James Feldman | Wells Fargo | Raises | Overweight | $41.00 | $39.00 |
| Vikram Malhorta | Mizuho | Raises | Neutral | $38.00 | $35.00 |
| Adam Kramer | Morgan Stanley | Raises | Equal-Weight | $40.00 | $37.00 |
| Nicholas Yulico | Scotiabank | Raises | Sector Perform | $42.00 | $39.00 |
| Adam Kramer | Morgan Stanley | Raises | Equal-Weight | $40.00 | $37.00 |
| Richard Anderson | Wedbush | Raises | Outperform | $45.00 | $40.00 |
| Nicholas Yulico | Scotiabank | Maintains | Sector Perform | $39.00 | $39.00 |
| Richard Anderson | Wedbush | Maintains | Outperform | $40.00 | - |
| Michael Goldsmith | UBS | Raises | Buy | $44.00 | $38.00 |
| Alexander Goldfarb | Piper Sandler | Raises | Neutral | $40.00 | $34.00 |
| Michael Lewis | Truist Securities | Lowers | Buy | $42.00 | $45.00 |
| Alexander Goldfarb | Piper Sandler | Maintains | Underweight | $34.00 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to UDR. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of UDR compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for UDR's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into UDR's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on UDR analyst ratings.
Unveiling the Story Behind UDR
UDR is a real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. The company has two reportable segments; Same-Store Communities segment represents those communities acquired, developed, and stabilized prior to January 1, 2021, and held as of December 31, 2022, and Non-Mature Communities/Other segment represents those communities that do not meet the criteria to be included in Same-Store Communities, including, but not limited to, recently acquired, developed and redeveloped communities, and the non-apartment components of mixed-use properties. The company generates key revenue from Same-Store Communities.
Financial Insights: UDR
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: UDR's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 3.53%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: UDR's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 10.13%, the company may face hurdles in effective cost management.
Return on Equity (ROE): UDR's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.07%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): UDR's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.37%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: UDR's debt-to-equity ratio is below the industry average at 1.54, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Core of Analyst Ratings: What Every Investor Should Know
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.