Wells Fargo lowered UDR's stock price expectation. The company announced tax treatment plans for 2024 distributions and recorded a loss on $128 million Williamsburg sale. Despite the losses on the day, UDR Inc. managed to outperform competitors. The CFO assumed the position of CIO while the firm announced preliminary Q4 results and investment activity updates. Meanwhile, Presima Securities and Nisa Investment Advisors have stakes in UDR amounting to $21.54 million and $11.51 million respectively. RBC Capital decreased UDR's price target to $43 from $45 while Barclays cut it to $48.00. UDR declared quarterly dividends and purchased shares amid management promotions and leadership transitions. The company has a SWOT analysis ahead given multifamily REIT stock faces coastal market strength and tech growth. Furthermore, future predictions suggest a strong demand and moderating supply for UDR in 2025. However, its Q1 earnings forecast is negative. While facing market growth challenges, UDR revealed leadership changes and has begun a search for a new CFO. Analysts rate the stock as 'Hold'. Coupled with negative upgrade to 'Sell' on StockNews.com, the firm seems to be underperforming the S&P 500 despite increased technical strength.
Udr UDR News Analytics from Sun, 14 Jun 2015 12:31:20 GMT to Sat, 25 Jan 2025 15:59:01 GMT -
Rating -2
- Innovation -3
- Information 3
- Rumor -1