UDR Inc (UDR) concluded trading on 01/11/24 at a closing price of $38.50, with 3.36 million shares of worth about $129.42 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.33% during that period and on Thursday the price saw a gain of about 0.73%. Currently the company’s common shares owned by public are about 328.99M shares, out of which, 327.33M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 20 analysts are covering the UDR stock and their offered price forecasts bring an average price target of $39.22. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $45.00 and could fall to a lowest price of $34.00. The stock’s current price level is 1.84% above of average price target set by the analysts, while a rise to estimated low would result in loss of -13.24% for the stock. However, touching the estimated high of $45.00 would mean a gain of 14.44% for the stock.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 10 times over the past 12 months. They bought 4,432 shares in 2 of the transactions. In 8 selling transactions, insiders dumped 49,389 shares.
UDR Inc (NYSE: UDR) started trading at $37.93, below -$0.29 from concluding price of the previous day. However, the stock later moved at a day high price of 38.63, or with a gain of 0.73%. Stock saw a price change of 1.69% in past 5 days and over the past one month there was a price change of 10.06%. Year-to-date (YTD), UDR shares are showing a performance of 0.55% which decreased to -0.23% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $30.95 but also hit the highest price of $45.46 during that period. The average intraday trading volume for UDR Inc shares is 2.96 million. The stock is currently trading 1.82% above its 20-day simple moving average (SMA20), while that difference is up 9.79% for SMA50 and it goes to -0.23% lower than SMA200.
UDR Inc (NYSE: UDR) currently have 328.99M outstanding shares and institutions hold larger chunk of about 98.60% of that.
The stock has a current market capitalization of $12.66B and its 3Y-monthly beta is at 0.80. PE ratio of stock for trailing 12 months is 28.21, while it has posted earnings per share of $1.36 in the same period. It has a debt-to-equity ratio of 1.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for UDR, volatility over the week remained 2.08% while standing at 2.07% over the month.
Analysts are in expectations that UDR Inc (UDR) stock would likely to be making an EPS of $UDR, Inc. in the current quarter, while forecast for next quarter EPS is $38.50 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Idaho Strategic Resources, Inc. which is $Invesco DB USD Index Bearish ET at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $ProShares Ultra MSCI Brazil Cap in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 407.34% while it is estimated to decrease by -67.54% in next year.
Analysts at 20 brokerage firms have issued recommendations for the UDR Inc (UDR)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.35. Out of those 20 Wall Street analysts, 7 recommended a “Buy” rating, while 11 were in favor recommending the stock as a “Hold” and 1 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on November 07, 2023 offering an Equal weight rating for the stock and assigned a target price range of between $42.50 and $34 to it.
