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Market Cap

US$14.6b

Last Updated

2021/04/16 23:17 UTC

Data Sources

Company Financials +

Executive Summary

UDR, Inc. (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S. More Details


Snowflake Analysis

Established dividend payer and overvalued.


Similar Companies

Share Price & News

How has UDR's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UDR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: UDR's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

2.2%

UDR

2.4%

US REITs

1.3%

US Market


1 Year Return

15.6%

UDR

26.1%

US REITs

53.9%

US Market

Return vs Industry: UDR underperformed the US REITs industry which returned 29.9% over the past year.

Return vs Market: UDR underperformed the US Market which returned 57.5% over the past year.


Shareholder returns

UDRIndustryMarket
7 Day2.2%2.4%1.3%
30 Day-0.4%3.9%3.3%
90 Day14.2%13.5%8.9%
1 Year20.1%15.6%31.4%26.1%56.6%53.9%
3 Year41.9%28.1%46.4%28.7%64.4%53.6%
5 Year48.1%25.1%53.4%22.5%120.4%95.7%

Long-Term Price Volatility Vs. Market

How volatile is UDR's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is UDR undervalued compared to its fair value and its price relative to the market?

9.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UDR ($44.87) is trading below our estimate of fair value ($50.04)

Significantly Below Fair Value: UDR is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: UDR is poor value based on its PE Ratio (220.1x) compared to the US REITs industry average (47.3x).

PE vs Market: UDR is poor value based on its PE Ratio (220.1x) compared to the US market (22.3x).


Price to Earnings Growth Ratio

PEG Ratio: UDR is poor value based on its PEG Ratio (12.7x)


Price to Book Ratio

PB vs Industry: UDR is overvalued based on its PB Ratio (4.2x) compared to the US REITs industry average (1.8x).


Future Growth

How is UDR forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

17.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UDR's forecast earnings growth (17.4% per year) is above the savings rate (2%).

Earnings vs Market: UDR's earnings (17.4% per year) are forecast to grow slower than the US market (18.4% per year).

High Growth Earnings: UDR's earnings are forecast to grow, but not significantly.

Revenue vs Market: UDR's revenue (2.6% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: UDR's revenue (2.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UDR's Return on Equity is forecast to be low in 3 years time (2.2%).


Past Performance

How has UDR performed over the past 5 years?

-17.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UDR has a large one-off gain of $117.1M impacting its December 31 2020 financial results.

Growing Profit Margin: UDR's current net profit margins (4.8%) are lower than last year (14%).


Past Earnings Growth Analysis

Earnings Trend: UDR's earnings have declined by 17.4% per year over the past 5 years.

Accelerating Growth: UDR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UDR had negative earnings growth (-66.8%) over the past year, making it difficult to compare to the REITs industry average (-4.4%).


Return on Equity

High ROE: UDR's Return on Equity (1.7%) is considered low.


Financial Health

How is UDR's financial position?


Financial Position Analysis

Short Term Liabilities: UDR's short term assets ($182.2M) do not cover its short term liabilities ($501.8M).

Long Term Liabilities: UDR's short term assets ($182.2M) do not cover its long term liabilities ($5.0B).


Debt to Equity History and Analysis

Debt Level: UDR's debt to equity ratio (120.9%) is considered high.

Reducing Debt: UDR's debt to equity ratio has increased from 92.7% to 120.9% over the past 5 years.

Debt Coverage: UDR's debt is not well covered by operating cash flow (12.1%).

Interest Coverage: UDR's interest payments on its debt are not well covered by EBIT (0.8x coverage).


Balance Sheet


Dividend

What is UDR current dividend yield, its reliability and sustainability?

3.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UDR's dividend (3.23%) is higher than the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: UDR's dividend (3.23%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

Stable Dividend: UDR's dividends per share have been stable in the past 10 years.

Growing Dividend: UDR's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (71.8%), UDR's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: UDR's dividends in 3 years are forecast to be covered by earnings (70.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.2yrs

Average management tenure


CEO

Tom Toomey (59 yo)

20.17yrs

Tenure

US$6,307,734

Compensation

Mr. Thomas W. Toomey, also known as Tom, has been the Chief Executive Officer and Director of UDR, Inc. since February 2001 and served as President since February 2001 until January 1, 2019. Mr. Toomey has...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD6.31M) is below average for companies of similar size in the US market ($USD11.02M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: UDR's management team is considered experienced (4.2 years average tenure).


Board Members

Experienced Board: UDR's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: UDR insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.


Top Shareholders

Company Information

UDR, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: UDR, Inc.
  • Ticker: UDR
  • Exchange: NYSE
  • Founded: 1972
  • Industry: Residential REITs
  • Sector: Real Estate
  • Implied Market Cap: US$14.598b
  • Market Cap: US$13.678b
  • Shares outstanding: 324.32m
  • Website: https://www.udr.com

Number of Employees


Location

  • UDR, Inc.
  • 1745 Shea Center Drive
  • Suite 200
  • Highlands Ranch
  • Colorado
  • 80129
  • United States

Listings


Biography

UDR, Inc. (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/16 23:17
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.