UDR Inc (NYSE: UDR) is -5.04% lower on its value in year-to-date trading and has touched a low of $34.19 and a high of $47.55 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 $41.07 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $41.22, the stock is -4.84% and -6.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.79 million and changing 0.37% at the moment leaves the stock -1.36% off its SMA200. UDR registered 6.82% gain for a year compared to 6-month gain of 1.40%. The firm has a 50-day simple moving average (SMA 50) of $43.9414 and a 200-day simple moving average (SMA200) of $41.78915.
The stock witnessed a -8.07% loss in the last 1 month and extending the period to 3 months gives it a -6.53%, and is -5.04% 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 2.53% over the week and 2.03% over the month.
UDR Inc (UDR) has around 1410 employees, a market worth around $13.60B and $1.66B in sales. Current P/E ratio is 110.60 and Fwd P/E is 80.14. Profit margin for the company is 7.38%. Distance from 52-week low is 20.58% and -13.31% from its 52-week high. The company has generated returns on investments over the last 12 months (1.32%).
The EPS is expected to shrink by -72.79% this year
781.0 institutions hold shares in UDR Inc (UDR), with institutional investors hold 102.56% of the company’s shares. The shares outstanding are 329.93M, and float is at 328.33M with Short Float at 1.38%. Institutions hold 102.05% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 50.55 million shares valued at $2.08 billion. The investor’s holdings represent 15.3718 of the UDR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 31.86 million shares valued at $1.31 billion to account for 9.6904 of the shares outstanding. The other top investors are COHEN & STEERS, INC. which holds 29.39 million shares representing 8.9365 and valued at over $1.21 billion, while NORGES BANK holds 8.4812 of the shares totaling 27.89 million with a market value of $1.15 billion.
UDR Inc (UDR) Insider Activity
UDR Inc disclosed in a document filed with the SEC on Jun 07 ’24 that TOOMEY THOMAS W (Chairman and CEO) sold a total of 90,000 shares of the company’s common stock. The trade occurred on Jun 07 ’24 and was made at $39.52 per share for $3.56 million. Following the transaction, the insider now directly holds 0.85 million shares of the UDR stock.
Still, SEC filings show that on May 10 ’24, Lacy Michael D (SVP-Property Operations) disposed off 4,500 shares at an average price of $38.17 for $0.17 million. The insider now directly holds 8,566 shares of UDR Inc (UDR).
