UDR, Inc. (NYSE:UDR) an independent real estate investment trust, is expected to report third quarter earnings results, after market close, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.01 per share.
Looking ahead, the full year income are expected at $ 0.14 per share on the revenues of $ 1233.15 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 2.01 ~ $ 2.05 per share
Click Here For More Historical Outlooks Of UDR, Inc.
Previous Quarter Performance
UDR, Inc. outlined income for the second quarter of $ 0.51 per share, from the revenue of $ 305.98 million. The quarterly earnings swell 325.00 percent compared with the same quarter last year. Wall street analysts are predicting, UDR to report 2Q20 income of $ 0.09 per share from revenue of $ 314.79 million. The bottom line results beat street analysts by $ 0.42 or 466.67 percent, at the same time, top line results fell short of analysts by $ 8.81 million or 2.8 percent.
Stock Performance
Shares of UDR, Inc. traded low $ -1.49 or -4.79 percent on Wednesday, reaching $ 29.60 with volume of 3.14 million shares. UDR, Inc. has traded high as $ 30.71 and has cracked $ 29.44 on the downward trend
According to the previous trading day, closing price of $ 29.60, representing a 6.47 % increase from the 52 week low of $ 29.20 and a 39.34 % decrease over the 52 week high of $ 51.25.
The company has a market capital of $ 8.73 billion and is part of the Real Estate sector and REIT – Residential industry.
Recent Analyst recommendations
- On 15th October 2020, maintained by KeyBanc at Overweight rating, with $ 40.00 target price.
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 properties in targeted U.S. markets.
