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Is UDR Inc (UDR) a good stock to buy now?

UDR Inc (NYSE: UDR) is 7.29% higher on its value in year-to-date trading and has touched a low of $30.95 and a high of $43.61 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UDR stock was last observed hovering at around $40.56 in the last trading session, with the day’s gains setting it 0.52%.

Currently trading at $41.08, the stock is 0.91% and 3.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.24 million and changing 1.28% at the moment leaves the stock 11.37% off its SMA200. UDR registered -5.14% loss for a year compared to 6-month gain of 6.45%.

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The stock witnessed a 2.93% loss in the last 1 month and extending the period to 3 months gives it a 14.59%, and is 0.66% 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 2.04% over the week and 1.50% over the month.

UDR Inc (UDR) has around 1410 employees, a market worth around $13.53B and $1.64B in sales. Current P/E ratio is 30.09 and Fwd P/E is 86.26. Profit margin for the company is 27.51%. Distance from 52-week low is 32.73% and -5.79% from its 52-week high. The company has generated returns on investments over the last 12 months (4.82%).

The EPS is expected to shrink by -68.93% this year.

UDR Inc (UDR) Top Institutional Holders

The shares outstanding are 329.01M, and float is at 327.67M with Short Float at 1.68%.

UDR Inc (UDR) Insider Activity

The most recent transaction is an insider sale by TOOMEY THOMAS W,the company’sChairman and CEO. SEC filings show that TOOMEY THOMAS W sold 90,000 shares of the company’s common stock on Jun 07 ’24 at a price of $39.52 per share for a total of $3.56 million. Following the sale, the insider now owns 0.85 million shares.

UDR Inc disclosed in a document filed with the SEC on May 10 ’24 that Lacy Michael D (SVP-Property Operations) sold a total of 4,500 shares of the company’s common stock. The trade occurred on May 10 ’24 and was made at $38.17 per share for $0.17 million. Following the transaction, the insider now directly holds 8566.0 shares of the UDR stock.

Still, SEC filings show that on Dec 26 ’23, TOOMEY THOMAS W (Chairman and CEO) disposed off 45,000 shares at an average price of $37.90 for $1.71 million. The insider now directly holds 939,716 shares of UDR Inc (UDR).

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