UD

UDR

UDR
NYSEReal Estate
$39.40
USD
+0.29(+0.74%)
At close: Jun 12, 20:00 UTC

Open

$39.40

Prev. Close

$39.41

High

$39.41

Low

$39.33

Market Snapshot

Market Cap

$12.95B

P/E Ratio

26.6

EPS

0.25

Revenue

$1.67B

Why UDR moved

UDR Inc. announced it will transition to monthly dividends and increase share repurchases by $25 million, signaling heightened confidence from management in the company's prospects.

About

UDR, Inc. is a real estate investment trust, which owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities. The firm owns, operates, acquires, renovates, develops, redevelops, and manages apartment communities in targeted markets located in the United States. The firm operates in two segments: Same-Store Communities and Non-Mature Communities/Other. The Same-Store Communities segment represent those communities acquired, developed, and stabilized. The Non-Mature Communities/Other segments represent those communities that do not meet the criteria to be included in Same-Store Communities, including, but not limited to acquired, developed and redeveloped communities, and the non-apartment components of mixed-use properties. The firm owns or has an ownership position in approximately 60,120 apartment homes. Its Baltimore apartments include Domain Brewers Hill, The Quarters at Towson Town Center, 20 Lambourne, Towson Promenade, 1274 at Towson, Rodgers Forge, and Calvert's Walk.

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