UDR Announces Correction of Certain Operating Metrics and Reaffirms Prior Financials and 2021 Guidance
UDR, Inc. (UDR)
Last udr, inc. earnings: 2/11 04:16 pm
Check Earnings Report
US:NYSE Investor Relations:
udr.com/investor-relations
Company Research
Source: Business Wire
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today the correction of certain operating metrics presented in its prior earnings release. The information in the Company’s earnings release and related quarterly Supplemental Information for the first quarter of 2021 regarding Effective Blended Lease Rate Growth, comprised of new lease growth and renewal lease growth rates (the “Metrics”) was incorrect. The Metrics are independent of and do not impact the Company’s financial, non-GAAP or other operating metrics. Further, the changes to the Metrics do not affect the Company’s previously reported financial results or the Company’s second quarter 2021 or full-year 2021 guidance, as previously announced on April 27, 2021.For April 2021, the Effective Blended Lease Growth Rate as disclosed was +0.3% and as revised it was -1.6%.The following table presents corrected metrics for the first quarter of 2021 at the m
Show less
Read more
Impact Snapshot
Event Time:
UDR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UDR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UDR alerts
High impacting UDR, Inc. news events
Weekly update
A roundup of the hottest topics
UDR
News
- UDR, Inc. (NYSE: UDR) was upgraded by analysts at UBS Group AG from a "neutral" rating to a "buy" rating. They now have a $44.00 price target on the stock, up previously from $38.00.MarketBeat
- UDR Announces Dates for First Quarter 2024 Earnings Release and Conference CallBusiness Wire
- UDR, Inc. (NYSE: UDR) was upgraded by analysts at Piper Sandler from an "underweight" rating to a "neutral" rating. They now have a $40.00 price target on the stock, up previously from $34.00.MarketBeat
- UDR, Inc. (NYSE: UDR) had its price target lowered by analysts at Truist Financial Co. from $45.00 to $42.00. They now have a "buy" rating on the stock.MarketBeat
- UDR, Inc. (NYSE: UDR) had its "underweight" rating re-affirmed by analysts at Piper Sandler. They now have a $34.00 price target on the stock.MarketBeat
UDR
Earnings
- 2/6/24 - Miss
UDR
Sec Filings
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- UDR's page on the SEC website