DDR Corp (DDR) Set to Announce Earnings on Thursday
DDR Corp (NYSE:DDR) is scheduled to be announcing its earnings results on Thursday, February 13th. Investors that are interested in registering for the company’s conference call can do so using this link.
DDR Corp (NYSE:DDR) opened at 15.90 on Wednesday. DDR Corp has a 52 week low of $14.89 and a 52 week high of $19.54. The stock has a 50-day moving average of $15.51 and a 200-day moving average of $15.99. The company’s market cap is $5.059 billion.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, April 8th. Stockholders of record on Thursday, March 13th will be given a dividend of $0.155 per share. This represents a $0.62 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date of this dividend is Tuesday, March 11th. This is a boost from DDR Corp’s previous quarterly dividend of $0.14.
DDR has been the subject of a number of recent research reports. Analysts at Capital Ideas Research initiated coverage on shares of DDR Corp in a research note on Wednesday, December 4th. They set an “outperform” rating on the stock. On the ratings front, analysts at Imperial Capital initiated coverage on shares of DDR Corp in a research note on Wednesday, December 4th. They set an “outperform” rating and a $18.00 price target on the stock. Finally, analysts at MLV Capital initiated coverage on shares of DDR Corp in a research note on Tuesday, November 19th. They set a “buy” rating and a $20.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. DDR Corp presently has an average rating of “Buy” and an average target price of $18.78.
In other DDR Corp news, CEO Daniel Hurwitz unloaded 32,138 shares of the stock on the open market in a transaction dated Monday, February 3rd. The stock was sold at an average price of $15.40, for a total value of $494,925.20. Following the completion of the transaction, the chief executive officer now directly owns 496,234 shares in the company, valued at approximately $7,642,004. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
DDR Corp.(NYSE:DDR) is a self-administered and self-managed real estate investment trust.
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