Last $28.91 USD
Change Today -0.17 / -0.58%
Volume 2.3M
UDR On Other Exchanges
Symbol
Exchange
New York
Munich
As of 8:04 PM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

udr inc (UDR) Snapshot

Open
$28.99
Previous Close
$29.08
Day High
$29.33
Day Low
$28.85
52 Week High
07/30/14 - $29.38
52 Week Low
09/3/13 - $21.96
Market Cap
7.3B
Average Volume 10 Days
1.4M
EPS TTM
$0.15
Shares Outstanding
251.7M
EX-Date
07/8/14
P/E TM
194.2x
Dividend
$1.04
Dividend Yield
3.42%
Current Stock Chart for UDR INC (UDR)

udr inc (UDR) Related Businessweek News

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udr inc (UDR) Details

UDR, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities. The firm was previously known as United Dominion Realty Trust, Inc. UDR, Inc. was founded in 1972 and is headquartered in Denver, Colorado with additional offices in Dallas, Texas; Houston, Texas; Newport Beach, California; Orlando, Florida; Phoenix, Arizona; Santa Clara, California; Tampa, Florida; and Washington DC, Virginia.

1,593 Employees
Last Reported Date: 02/25/14
Founded in 1972

udr inc (UDR) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $750.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $330.0K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $325.0K
Senior Executive Vice President, Corporate Co...
Total Annual Compensation: $450.0K
Senior Vice President of Asset Management
Total Annual Compensation: $325.0K
Compensation as of Fiscal Year 2013.

udr inc (UDR) Key Developments

UDR, Inc. Declares Dividend for the Second Quarter Ended June 30, 2014, Payable on July 31, 2014; Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter of 2014; Revises Earnings Guidance for the Full Year of 2014

The company's Board of Directors of UDR, Inc. declared a regular quarterly dividend on its common stock for the second quarter of 2014 in the amount of $0.26 per share. The dividend will be paid in cash on July 31, 2014 to UDR common stock shareholders of record as of July 10, 2014. The company announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenue of $203,706,000 against $189,502,000 a year ago period. Operating income was $32,862,000 against $30,683,000 a year ago. Income from continuing operations was $4,359,000 or $0.12 per basic and diluted share against loss from continuing operations of $4,524,000 or $0.01 per basic and diluted share a year ago period. Net income attributable to common stockholders was $29,076,000 or $0.12 per basic and diluted share against $4,261,000 or $0.02 per basic and diluted share a year ago period. Income before income taxes and discontinued operations was $2,169,000 against $1,841,000 a year ago. Funds from operations diluted were $101,183,000 or $0.37 per diluted share against $95,497,000 or $0.37 per diluted share a year ago period. FFO as Adjusted, diluted was $102,306,000 or $0.39 per share against $93,616,000 or $0.35 per share a year ago period. EBITDA was $125,686,000. Recurring capital expenditures were $11,096,000 against $12,224,000 a year ago. EBITDA was $159,477,000, EBITDA - adjusted for non-recurring items was $132,768,000 and net debt was $3,671,761,000. For the six months, the company reported total revenue of $401,745,000 against $374,386,000 a year ago period. Operating income was $59,372,000 against $60,315,000 a year ago. Loss from continuing operations was $836,000 or $0.18 per basic and diluted share against income from continuing operations of $3,362,000 or $0.01 per basic and diluted share a year ago period. Net income attributable to common stockholders was $46,506,000 or $0.18 per diluted share against $3,062,000 or $0.01 per diluted share a year ago period. Loss before income taxes and discontinued operations was $6,355,000 against $1,294,000 a year ago. Funds from operations diluted were $195,290,000 or $0.75 per diluted share against $186,704,000 or $0.71 per diluted share a year ago period. FFO as Adjusted, diluted was $196,826,000 or $0.74 per share against $182,920,000 or $0.69 per share a year ago period. Recurring capital expenditures were $17,697,000 against $18,986,000 a year ago. For the full-year 2014, the company has increased its earnings guidance ranges primarily as the result of better-than-expected operations. The company expects FFO per share in the range of $1.52 to $1.56 against the previous guidance range of $1.47 to $1.53. FFO as adjusted per share is expected in the range of $1.49 to $1.53 against the previous guidance range of $1.47 to $1.53. AFFO per share is expected in the range of $1.32 to $1.36 against the previous guidance range of $1.30 to $1.36. For the full-year 2014, the company has increased its same-store growth guidance ranges and occupancy expectation. The company expects revenue to be in the range of 3.75% to 4.25% against the previous guidance range of 3.50% to 4.25%. Net operating income is expected to be in the range of 4.50% to 5.50% against the previous guidance range of 3.75% to 5.00%. Forecasted earnings per diluted share are expected in the range of $0.23 to $0.27. Recurring capital expenditures is expected in the range of $0.17 to $0.17. For the third quarter of 2014, the company expects FFO per share in the range of $0.39 to $0.41, FFO as adjusted per share is expected in the range of $0.36 to $0.38 and AFFO per share is expected in the range of $0.31 to $0.33. Recurring capital expenditures is expected in the range of $0.31 to $0.33. Forecasted earnings per diluted share are expected in the range of nil to $0.02.

UDR, Inc. to Report Q2, 2014 Results on Jul 29, 2014

UDR, Inc. announced that they will report Q2, 2014 results at 8:00 AM, US Eastern Standard Time on Jul 29, 2014

UDR, Inc., Q2 2014 Earnings Call, Jul 29, 2014

UDR, Inc., Q2 2014 Earnings Call, Jul 29, 2014

 

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Alexandria Real Estate Equities Inc $78.07 USD -0.53
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Realty Income Corp $42.98 USD -0.07
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Industry Analysis

UDR

Industry Average

Valuation UDR Industry Range
Price/Earnings 100.0x
Price/Sales 9.3x
Price/Book 2.8x
Price/Cash Flow 16.5x
TEV/Sales 4.1x
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