UDR, Inc. has been experiencing mixed financial fortunes recently.
Swedbank AB invested $1.61 million in UDR, and Q2 FFO and revenues beat estimates. However, UDR stock did underperform on some days when compared to competitors.
UDR Inc. also raised its full-year 2024 guidance ranges. A modest improvement led to RBC Capital cutting UDR stock price target, while its Q2 earnings offered a look at key metrics. Other highlights include UDR buying 6 properties in Texas for $402M, and
Lasalle Investment Management Securities LLC bought UDR shares. However, the company missed expectations by $0.53 EPS in its Q2 earnings results. UDR also plans to back off high occupancy to boost rents. It was named a 2024 Top Workplaces Industry Winner and released its fifth Annual Environmental, Social, and Governance report. The organization was also upgraded to “Outperform” by
BMO Capital Markets. However, some challenges surfaced such as harassment issues involving a DC property manager and some stock selling activities by UDR CEO, Thomas W. Toomey.
Udr UDR News Analytics from Mon, 25 Jun 2018 12:22:10 GMT to Sun, 04 Aug 2024 18:15:23 GMT -
Rating 3
- Innovation 6
- Information 8
- Rumor 1
