UDR, Inc. UDR is a leading multifamily 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. markets.
It is set to report its Q4 2024 earnings on Feb. 4, 2025. Wall Street analysts expect the company to post an EPS of $0.62, up from $0.54 in the year-ago period. According to Benzinga Pro, quarterly revenue is expected to reach $418.10 million, up from $410.89 million in the previous year.
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If You Bought UDR Stock 10 Years Ago
The company's stock traded at approximately $30.77 per share 10 years ago. If you had invested $10,000, you could have bought roughly 325 shares. Currently, shares trade at $44.69, meaning your investment's value could have grown to $14,524 from stock price appreciation alone. However, UDR also paid dividends during these 10 years.
UDR's dividend yield is currently 3.78%. Over the last 10 years, it has paid about $13.81 in dividends per share, which means you could have made $4,488 from dividends alone.
Summing up $14,524 and $4,488, we end up with the final value of your investment, which is $19,012. This is how much you could have made if you had invested $10,000 in UDR stock 10 years ago. This means a total return of 90.12%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 233.08%.
See Also: Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!
What Could The Next 10 Years Bring?
UDR has a consensus rating of "Neutral" and a price target of $45.12 based on the ratings of 26 analysts. The price target implies less than 1% potential upside from the current stock price. Check out this article by Benzinga for 12 analysts' insights on UDR.
On Oct. 30, the company announced its Q3 2024 earnings, posting an AFFO of $0.54, matching expectations and revenues of $418.088 million, compared to the consensus estimate of $418.228 million, as reported by Benzinga.
"Continued resiliency in the labor market coupled with attractive relative affordability of apartment rentals has resulted in solid performance despite decades-high levels of new supply completions," said Tom Toomey, UDR's Chairman and CEO. "Based on our year-to-date successes, the strength of our operating platform and continued innovation, we are again raising full-year 2024 FFOA per diluted share and Same-Store growth guidance expectations."
Given almost no expected upside potential, growth-focused investors may not find UDR stock attractive. Conversely, the stock can be a good option for income-focused investors, who can benefit from the company's solid dividend yield of 3.78% and consistent hikes. UDR has raised its dividend consecutively for the last 14 years.
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Arrived Achieved A Total Return of 34.7% On Their Biggest Sale Yet — Diversify Your Monthly Income Stream With Fractional Real Estate
Arrived allows individuals to invest in shares of rental properties for as little as $100, providing the potential for monthly rental income and long-term appreciation without the hassles of being a landlord. With over $1 million in dividends paid out last quarter and a growing selection of properties across various markets, Arrived offers an attractive alternative for investors seeking to build a diversified real estate portfolio.
In October 2024, Arrived sold The Centennial, achieving a total return of 34.7% (11.2% average annual returns) for investors. Arrived aims to continue delivering similar value across our portfolio through careful market selection, attentive property management, and thoughtful timing in sales.
Looking for fractional real estate investment opportunities? The Benzinga Real Estate Screener features the latest offerings.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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