UDR Inc, an apartment REIT, has been testing investor nerves with stock hovering near 52-week lows. Despite this, UDR has announced an expansion of its JV with LaSalle to $850M and brought on a new CFO, indicating growth and management shifts. Analyst sentiments are mixed, with some seeing a bullish case for UDR and others downgrading the stock due to slowed leasing conditions in Q3 and a perceived bearish case on high valuation. The company's board has seen notable changes with the resignation of its president and chief investment officer and the appointment of Ellen M. Goitia. While UDR continues to face headwinds such as weak leasing spreads, it has reported the expansion of joint ventures, boosting financial flexibility, and continued dividend payouts. The mixed outlook from Truist Securities and other conflicting sentiments from analysts suggest a volatile but potentially rewarding path ahead for investors. Lastly, UDR has addressed some governance matters with the settlement of a racial and sexual harassment case, signaling their focus on improving the corporate environment.
Udr UDR News Analytics from Thu, 09 Feb 2023 08:00:00 GMT to Sat, 07 Feb 2026 21:16:18 GMT -
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- Information 5
- Rumor -3
