UDR Inc (NYSE: UDR) is -3.21% lower on its value in year-to-date trading and has touched a low of $30.95 and a high of $43.96 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UDR stock was last observed hovering at around $36.73 in the last trading session, with the day’s gains setting it 0.33%.
Currently trading at $37.06, the stock is 1.20% and 1.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.93 million and changing 0.90% at the moment leaves the stock -1.50% off its SMA200. UDR registered -5.57% loss for a year compared to 6-month loss of -1.89%. The firm has a 50-day simple moving average (SMA 50) of $11.20 and a 200-day simple moving average (SMA200) of $13.51.
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The stock witnessed a 3.52% gain in the last 1 month and extending the period to 3 months gives it a -1.98%, and is -0.91% down 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 2.24% over the week and 2.01% over the month.
UDR Inc (UDR) has around 1410 employees, a market worth around $12.20B and $1.63B in sales. Current P/E ratio is 27.90 and Fwd P/E is 80.49. Profit margin for the company is 27.00%. Distance from 52-week low is 19.74% and -15.69% from its 52-week high. The company has generated returns on investments over the last 12 months (4.65%).
UDR Inc quarterly earnings per share for the current quarter are estimated at $0.1 with sales reaching $410.39M over the same period.The EPS is expected to shrink by -71.36% this year, but quarterly earnings will post 2.30% year-over-year. Quarterly sales are estimated to grow 3.00% in year-over-year returns.
737 institutions hold shares in UDR Inc (UDR), with institutional investors hold 101.01% of the company’s shares. The shares outstanding are 329.01M, and float is at 327.63M with Short Float at 1.68%. Institutions hold 100.48% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 50.83 million shares valued at $1.88 billion. The investor’s holdings represent 15.44% of the UDR Shares outstanding. As of Dec 30, 2023, the second largest holder is Blackrock Inc. with 34.68 million shares valued at $1.29 billion to account for 10.53% of the shares outstanding. The other top investors are Norges Bank Investment Management which holds 27.83 million shares representing 8.45% and valued at over $1.03 billion, while Cohen & Steers Inc. holds 8.13% of the shares totaling 26.78 million with a market value of $992.3 million.
UDR Inc (UDR) Insider Activity
The most recent transaction is an insider sale by TOOMEY THOMAS W, the company’s Chairman and CEO. SEC filings show that TOOMEY THOMAS W sold 45,000 shares of the company’s common stock on Dec 26 ’23 at a price of $37.90 per share for a total of $1.71 million. Following the sale, the insider now owns 0.94 million shares.
