UDR, Inc. (NYSE:UDR) has been the subject of numerous analyst ratings and price target adjustments, reflecting a generally positive sentiment. The company has seen consistently strong rent growth despite minor daily losses, outperforming its competitors on several days. While its stock has dipped, it has been met with a strong rebound. Various institutions, such as Franklin Resources Inc., Robeco Institutional and National Bank of Canada, among others, have adjusted their stakes in UDR. Notably, UDR's Q4 results met FFOA estimates, and revenues were up year-over-year while the dividend was increased. The company has shown steady growth and delivered a solid performance in Q1, meeting FFOA estimates and surpassing revenue expectations. Interestingly, UDR also announced the retirement of its Senior VP and Chief Investment Officer, Harry G. Alcock. UDR also clarifies the plans for a 25-story apartment tower in Dallas' Turtle Creek and intends to participate in the 2024 Citi Global Property CEO Conference. CEO Thomas W. Toomey has been secured with a new executive deal. Lastly, UDR formed a $510 million joint venture aimed at acquiring apartments.
Udr UDR News Analytics from Fri, 08 Mar 2019 13:16:28 GMT to Thu, 30 May 2024 14:00:48 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor 3
