UDR Inc (UDR) concluded trading on Thursday at a closing price of $35.78, with 3.35 million shares of worth about $120.03 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.76% during that period and on April 18, 2024 the price saw a gain of about 1.25%. Currently the company’s common shares owned by public are about 329.01M shares, out of which, 327.63M shares are available for trading.
Stock saw a price change of -3.74% in past 5 days and over the past one month there was a price change of -2.59%. Year-to-date (YTD), UDR shares are showing a performance of -6.56% which decreased to -12.93% 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 $43.96 during that period. The average intraday trading volume for UDR Inc shares is 2.98 million. The stock is currently trading -2.60% below its 20-day simple moving average (SMA20), while that difference is down -1.80% for SMA50 and it goes to -3.53% lower than SMA200.
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UDR Inc (NYSE: UDR) currently have 329.01M outstanding shares and institutions hold larger chunk of about 99.59% of that.
The stock has a current market capitalization of $11.78B and its 3Y-monthly beta is at 0.80. PE ratio of stock for trailing 12 months is 26.93, while it has posted earnings per share of $1.33 in the same period. Its PEG reads 1.27 while making debt-to-equity ratio of 1.50. 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 2.33% while standing at 2.05% over the month.
Stock’s fiscal year EPS is expected to drop by -72.06% while it is estimated to increase by 19.04% in next year. EPS is likely to grow at an annualized rate of 21.18% for next 5-years, compared to annual growth of 12.55% made by the stock over the past 5-years.
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 Piper Sandler on April 10, 2024 offering a Neutral rating for the stock and assigned a target price range of between $34 and $40 to it. Coverage by Wells Fargo stated UDR Inc (UDR) stock as an Overweight in their note to investors on March 04, 2024, suggesting a price target of $39 for the stock. On February 26, 2024, Morgan Stanley Downgrade their recommendations, while on February 22, 2024, Goldman Resumed their ratings for the stock with a price target of $39. Stock get an Equal weight rating from Barclays on February 20, 2024.
