Financials UDR Inc.

Equities

UDR

US9026531049

Residential REITs

Market Closed - Nyse 04:00:02 2024-05-31 pm EDT 5-day change 1st Jan Change
38.62 USD +1.98% Intraday chart for UDR Inc. -0.87% +0.86%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 13,686 11,317 18,548 12,608 12,595 12,718 - -
Enterprise Value (EV) 1 18,360 16,269 23,932 18,094 18,390 18,436 18,533 18,647
P/E ratio 74.1 x 192 x 125 x 149 x 28.6 x 95.3 x 84.1 x 68.2 x
Yield 2.93% 3.75% 2.42% 3.92% 4.39% 4.4% 4.61% 4.76%
Capitalization / Revenue 12 x 9.16 x 14.4 x 8.34 x 7.77 x 7.66 x 7.42 x 7.09 x
EV / Revenue 16.1 x 13.2 x 18.5 x 12 x 11.3 x 11.1 x 10.8 x 10.4 x
EV / EBITDA 25.4 x 21.2 x 31.1 x 19.7 x 18.4 x 17.9 x 17.5 x 16.9 x
EV / FCF - - 36.6 x 24.2 x 35.3 x 23.6 x 22.7 x -
FCF Yield - - 2.73% 4.12% 2.83% 4.24% 4.4% -
Price to Book 4.34 x 3.52 x 5.54 x 3.11 x 3.16 x 3.71 x 4.09 x 4.75 x
Nbr of stocks (in thousands) 293,053 294,481 309,186 325,542 328,928 329,307 - -
Reference price 2 46.70 38.43 59.99 38.73 38.29 38.62 38.62 38.62
Announcement Date 2/11/20 2/9/21 2/8/22 2/6/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,138 1,236 1,291 1,512 1,621 1,660 1,715 1,793
EBITDA 1 723.1 766 770.1 917.6 997.9 1,030 1,057 1,104
EBIT 1 215.8 129.8 268 250.8 283.8 323.4 346.1 390.3
Operating Margin 18.96% 10.5% 20.76% 16.58% 17.51% 19.47% 20.18% 21.77%
Earnings before Tax (EBT) 1 203.4 71.52 162.4 92.93 476.6 138.6 153.4 194.7
Net income 1 180.9 60.04 145.8 82.51 439.5 133.9 150.6 182.6
Net margin 15.89% 4.86% 11.29% 5.46% 27.12% 8.06% 8.78% 10.18%
EPS 2 0.6300 0.2000 0.4800 0.2600 1.340 0.4053 0.4594 0.5662
Free Cash Flow 1 - - 653.8 746.2 520.3 782 815 -
FCF margin - - 50.65% 49.34% 32.11% 47.09% 47.52% -
FCF Conversion (EBITDA) - - 84.91% 81.32% 52.14% 75.91% 77.09% -
FCF Conversion (Net income) - - 448.48% 904.37% 118.39% 584.03% 541.04% -
Dividend per Share 2 1.370 1.440 1.450 1.520 1.680 1.700 1.780 1.839
Announcement Date 2/11/20 2/9/21 2/8/22 2/6/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 348.2 356.2 367.7 390 398.4 398.3 403.1 408.4 410.9 411.7 412.6 418.8 419.9 423.9 427.8
EBITDA 1 211.9 214.8 223.3 234.4 245.1 243.1 245.5 252.3 257 252 256.8 259.6 261.2 260.4 259.4
EBIT 1 123.9 47.89 50.74 62.92 89.27 66.18 70.62 78.07 68.94 79.76 83.85 87.17 89.01 84.02 87.89
Operating Margin 35.59% 13.45% 13.8% 16.13% 22.41% 16.62% 17.52% 19.12% 16.78% 19.37% 20.32% 20.81% 21.2% 19.82% 20.55%
Earnings before Tax (EBT) 1 126.3 14.95 5.676 25.52 46.78 33.16 371.5 35.85 36.05 46.65 31.52 33.41 36.48 37.79 39.34
Net income 1 116.4 12.61 3.975 22.5 43.42 29.78 346.3 31.64 31.76 41.92 31.18 32.94 34.04 33.61 35.34
Net margin 33.43% 3.54% 1.08% 5.77% 10.9% 7.48% 85.92% 7.75% 7.73% 10.18% 7.56% 7.87% 8.11% 7.93% 8.26%
EPS 2 0.3700 0.0400 0.0100 0.0700 0.1300 0.0900 1.050 0.1000 0.1000 0.1300 0.0949 0.0985 0.1013 0.1095 0.1186
Dividend per Share 2 0.3625 0.3800 0.3800 0.3800 0.3800 0.4200 0.4200 0.4200 0.4200 0.4250 0.4286 0.4286 0.4286 0.4452 0.4499
Announcement Date 2/8/22 4/26/22 7/26/22 10/26/22 2/6/23 4/26/23 7/26/23 10/26/23 2/6/24 4/30/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,674 4,952 5,384 5,486 5,796 5,718 5,816 5,929
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 6.464 x 6.466 x 6.992 x 5.979 x 5.808 x 5.55 x 5.501 x 5.371 x
Free Cash Flow 1 - - 654 746 520 782 815 -
ROE (net income / shareholders' equity) 5.77% 1.82% 4.37% 2.19% 10.9% 3.88% 4.59% 6.51%
ROA (Net income/ Total Assets) 2.09% 0.62% 1.43% 0.76% 3.92% 0.93% 1.17% 1.54%
Assets 1 8,674 9,637 10,206 10,907 11,206 14,347 12,847 11,871
Book Value Per Share 2 10.80 10.90 10.80 12.50 12.10 10.40 9.450 8.130
Cash Flow per Share 2 - - - 2.540 2.530 2.690 2.830 2.980
Capex 1 - - - 236 312 262 160 107
Capex / Sales - - - 15.61% 19.27% 15.78% 9.35% 5.94%
Announcement Date 2/11/20 2/9/21 2/8/22 2/6/23 2/6/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
38.62 USD
Average target price
40.75 USD
Spread / Average Target
+5.52%
Consensus