UDR, Inc. (NYSE:UDR) is seeing mixed reviews on the stock market, with substantial shares being sold by Natixis Advisors, Federated Hermes, California Public Employees Retirement System, and Allspring Global Investments, while gaining traction with whom like Swiss National Bank, Truist Financial, and Van ECK Associates. Notably, there have been fluctuations in the stock performance, both outperforming and underperforming its competitors on various trading days. Amid this, UDR has posted positive developments including consistent topping of Q3 FFO and revenue estimates, positive Q1 FFO estimates matching, and a considerable raise in PT to $45.00 TWICE. A year-long investment in the company would have recorded a gain of 93%. UDR also announced promising Q1 results and revised full-year 2024 guidance upwards. However, concerns linger on the CEO’s compensation and a below-average ROE of 3.5%. The company’s move towards releasing a Non-Liable Transparency report and a claim of robust growth in its Q1 2024 Earnings Call hint at strategic growth initiatives. However, analysts hold a mean 'Hold' stand for the company, while its stock has experienced an upgrade to 'Buy' by UBS.
Udr UDR News Analytics from Fri, 30 Jun 2023 07:00:00 GMT to Fri, 10 May 2024 10:20:30 GMT - Rating 4 - Innovation 6 - Information 7 - Rumor 2
