UDR Inc (UDR) concluded trading on Wednesday at a closing price of $37.49, with 5.34 million shares of worth about $200.22 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 18.56% during that period and on May 01, 2024 the price saw a loss of about -1.55%. Currently the company’s common shares owned by public are about 329.01M shares, out of which, 327.50M shares are available for trading.
Stock saw a price change of -1.06% in past 5 days and over the past one month there was a price change of 3.62%. Year-to-date (YTD), UDR shares are showing a performance of -2.09% which decreased to -8.81% 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 2.85 million. The stock is currently trading 1.47% above its 20-day simple moving average (SMA20), while that difference is up 1.90% for SMA50 and it goes to 1.79% higher than SMA200.
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UDR Inc (NYSE: UDR) currently have 329.01M outstanding shares and institutions hold larger chunk of about 99.71% of that.
The stock has a current market capitalization of $12.34B and its 3Y-monthly beta is at 0.78. PE ratio of stock for trailing 12 months is 28.22, while it has posted earnings per share of $1.33 in the same period. Its PEG reads 1.33 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 1.86% while standing at 2.13% over the month.
Analysts are in expectations that UDR Inc (UDR) stock would likely to be making an EPS of $0.08 in the current quarter, while forecast for next quarter EPS is $0.09 and it is $0.44 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.06 which is $0.11 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 $1.05 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -71.32% while it is estimated to increase by 18.21% 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 Scotiabank on May 01, 2024 offering a Sector perform rating for the stock and assigned a target price of $39 to it. Coverage by UBS stated UDR Inc (UDR) stock as a Buy in their note to investors on April 25, 2024, suggesting a price target of $44 for the stock. On April 10, 2024, Piper Sandler Upgrade their recommendations, while on March 04, 2024, Wells Fargo Upgrade their ratings for the stock with a price target of $39. Stock get an Equal-weight rating from Morgan Stanley on February 26, 2024.
