DDR Corp (NYSE:DDR) has received a consensus rating of “Hold” from the nineteen ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $11.90.

DDR has been the subject of a number of research analyst reports. Stifel Nicolaus started coverage on shares of DDR in a report on Thursday, November 30th. They issued a “buy” rating and a $8.25 price target for the company. Zacks Investment Research raised shares of DDR from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research note on Wednesday, October 4th. ValuEngine raised shares of DDR from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. KeyCorp reaffirmed a “buy” rating and set a $13.00 price objective on shares of DDR in a research note on Friday, September 1st. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $10.00 price objective on shares of DDR in a research note on Friday, November 3rd.

Large investors have recently added to or reduced their stakes in the stock. Sigma Planning Corp acquired a new position in DDR in the second quarter worth approximately $100,000. Cutter & CO Brokerage Inc. acquired a new position in DDR in the second quarter worth approximately $104,000. Cambridge Investment Research Advisors Inc. acquired a new position in DDR in the second quarter worth approximately $111,000. Janney Montgomery Scott LLC acquired a new position in DDR in the second quarter worth approximately $121,000. Finally, 1st Global Advisors Inc. acquired a new position in DDR in the second quarter worth approximately $131,000. Hedge funds and other institutional investors own 80.04% of the company’s stock.

Shares of DDR (NYSE:DDR) opened at $8.07 on Thursday. DDR has a 1-year low of $7.26 and a 1-year high of $15.57. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.61 and a quick ratio of 0.61. The firm has a market cap of $2,903.50, a PE ratio of 6.57, a price-to-earnings-growth ratio of 1.37 and a beta of 0.76.

DDR (NYSE:DDR) last issued its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.03. DDR had a net margin of 1.11% and a return on equity of 3.48%. The company had revenue of $220.10 million during the quarter, compared to the consensus estimate of $218.58 million. During the same period in the prior year, the company earned $0.33 EPS. DDR’s revenue was down 10.2% on a year-over-year basis. equities research analysts anticipate that DDR will post 1.15 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Tuesday, December 12th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Monday, December 11th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 9.42%. DDR’s dividend payout ratio is -1,900.00%.

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DDR Company Profile

DDR Corp. is a self-administered and self-managed real estate investment trust. It operates through two segments: shopping centers and loan investments. It is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. As of December 31, 2016, it owned and managed approximately 106 million total square feet of gross leasable area (GLA).

Analyst Recommendations for DDR (NYSE:DDR)

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