DDR (NYSE:DDR) will post its quarterly earnings results after the market closes on Wednesday, October 24th. Analysts expect DDR to post earnings of $0.30 per share for the quarter.

DDR (NYSE:DDR) last announced its quarterly earnings data on Wednesday, July 25th. The real estate investment trust reported $0.49 EPS for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.02. The firm had revenue of $204.32 million during the quarter, compared to the consensus estimate of $200.65 million. DDR had a negative net margin of 32.65% and a negative return on equity of 6.72%. The firm’s revenue was down 10.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.59 earnings per share. On average, analysts expect DDR to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NYSE:DDR opened at $11.99 on Monday. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market capitalization of $2.47 billion, a P/E ratio of 5.08, a PEG ratio of 1.64 and a beta of 0.49. DDR has a 52 week low of $10.95 and a 52 week high of $15.08.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 10th. Investors of record on Wednesday, September 26th were given a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, September 25th. This represents a $0.80 dividend on an annualized basis and a yield of 6.67%. This is an increase from DDR’s previous quarterly dividend of $0.19. DDR’s dividend payout ratio (DPR) is presently 33.90%.

A number of research analysts have issued reports on DDR shares. Deutsche Bank cut shares of DDR from a “buy” rating to a “hold” rating and dropped their target price for the company from $15.00 to $14.00 in a report on Tuesday, August 28th. SunTrust Banks reaffirmed a “hold” rating and issued a $14.00 target price on shares of DDR in a report on Thursday, August 16th. Zacks Investment Research raised shares of DDR from a “strong sell” rating to a “hold” rating in a report on Monday, September 3rd. Morgan Stanley dropped their target price on shares of DDR from $17.00 to $14.00 and set an “equal weight” rating for the company in a report on Tuesday, July 17th. Finally, Citigroup cut shares of DDR from a “buy” rating to a “neutral” rating and dropped their target price for the company from $16.00 to $15.00 in a report on Friday, September 14th. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and one has assigned a buy rating to the company. DDR currently has an average rating of “Hold” and an average target price of $15.19.

About DDR

DDR is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR.

Featured Story: Do You Need a Fiduciary?

Earnings History for DDR (NYSE:DDR)

Receive News & Ratings for DDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DDR and related companies with MarketBeat.com's FREE daily email newsletter.