UDR Inc. (NYSE: UDR) is -0.70% lower on its value in year-to-date trading and has touched a low of $29.20 and a high of $51.25 in the current 52-week trading range. The UDR stock was last observed hovering at around $36.79 in the last trading session, with the day’s gains setting it 1.37% off its average median price target of $40.50 for the next 12 months. It is also 17.04% off the consensus price target high of $46.00 offered by 19 analysts, but current levels are -12.24% lower than the price target low of $34.00 for the same period.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .
Currently trading at $38.16, the stock is 0.36% and 2.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.76 million and changing 3.72% at the moment leaves the stock 5.28% off its SMA200. UDR registered -16.72% loss for a year compared to 6-month gain of 4.46%. The firm has a 50-day simple moving average (SMA 50) of $38.59 and a 200-day simple moving average (SMA200) of $35.87.
The stock witnessed a -6.19% loss in the last 1 month and extending the period to 3 months gives it a 8.84%, and is 1.84% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.18% over the week and 3.19% over the month.
UDR Inc. (UDR) has around 1330 employees, a market worth around $11.10B and $1.24B in sales. Current P/E ratio is 85.75. Profit margin for the company is 10.50%. Distance from 52-week low is 30.68% and -25.54% from its 52-week high. The company has generated returns on investments over the last 12 months (2.70%).
UDR Inc. (UDR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for UDR Inc. (UDR) is a “Overweight”. 19 analysts offering their recommendations for the stock have an average rating of 2.50, where 9 rate it as a Hold and 1 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
UDR Inc. is expected to release its quarterly report on 04/26/2021 and quarterly earnings per share for the current quarter are estimated at $0.11 with sales reaching $305.25M over the same period.The EPS is expected to shrink by -14.50% this year, but quarterly earnings will post 9.00% year-over-year. Quarterly sales are estimated to grow 0.80% in year-over-year returns.
UDR Inc. (UDR) Top Institutional Holders
631 institutions hold shares in UDR Inc. (UDR), with 2.94M shares held by insiders accounting for 1.00% while institutional investors hold 100.35% of the company’s shares. The shares outstanding are 294.71M, and float is at 291.54M with Short Float at 2.64%. Institutions hold 99.35% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 46.53 million shares valued at $1.52 billion. The investor’s holdings represent 15.80% of the UDR Shares outstanding. As of Sep 29, 2020, the second largest holder is Cohen & Steers Inc. with 36.73 million shares valued at $1.2 billion to account for 12.47% of the shares outstanding. The other top investors are Blackrock Inc. which holds 33.72 million shares representing 11.45% and valued at over $1.1 billion, while State Street Corporation holds 5.86% of the shares totaling 17.27 million with a market value of $563.06 million.
UDR Inc. (UDR) Insider Activity
A total of 3 insider transactions have happened at UDR Inc. (UDR) in the last six months, with sales accounting for 2 and purchases happening 1 times. The most recent transaction is an insider sale by TOOMEY THOMAS W, the company’s Chairman & CEO. SEC filings show that TOOMEY THOMAS W sold 100,000 shares of the company’s common stock on Jan 04 at a price of $38.50 per share for a total of $3.85 million. Following the sale, the insider now owns 1.37 million shares.
UDR Inc. disclosed in a document filed with the SEC on Nov 10 that TOOMEY THOMAS W (Chairman and CEO) sold a total of 30,000 shares of the company’s common stock. The trade occurred on Nov 10 and was made at $39.00 per share for $1.17 million. Following the transaction, the insider now directly holds 1.47 million shares of the UDR stock.
Still, SEC filings show that on Jun 08, ALCOCK HARRY G (SVP-Chief Investment Officer) disposed off 10,000 shares at an average price of $42.50 for $0.42 million. The insider now directly holds 77,261 shares of UDR Inc. (UDR).
UDR Inc. (UDR): Who are the competitors?
The company’s main competitors (and peers) include American Homes 4 Rent (AMH) that is trading 16.05% up over the past 12 months. Short interest in the company’s stock has fallen -11.82% from the last report on Nov 12, 2020 to stand at a total of 8.61 million short shares sold with a short interest ratio of 3.43.