UDR Inc. (NYSE:UDR) finished Wednesday with a subtraction of -$0.3 to close at $42.00, a downside of -0.71 percent. An average of 3,059,640 shares of common stock have been traded in the last five days. There was a fall of -$3.67 in the past week, and it reached a new high 19 times over the past 12 months. The last 20 days have seen an average of 2,166,025 shares traded, while the 50-day average volume stands at 1,952,034.
UDR stock has decreased by -12.02% in the last month. The company shares reached their 1-month lowest point of $41.98 on 09/21/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $42.00 and a high of $61.06 in 52 weeks. It has reached a new high 2 times so far this year and lost -29.99% or -$17.99 in price. In spite of this, the price is down -31.22% from the 52-week high.
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315 days have passed since UDR Inc. (UDR) last reported insider trading activity. ALCOCK HARRY G, who is SVP-Chief Investment Officer, most recently acquired $17,000 shares at $55.30 per share on Nov 11. In this transaction, the insider spent $940,100. Chairman and CEO, TOOMEY THOMAS W, disposed of 30,000 shares at a price of $54.45 on Sep 23. The insider now owns more than $1,633,467 worth of shares.
UDR Inc. (UDR) has a trailing price-to-earnings (P/E) ratio of 87.50. The stock’s beta is 0.74. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 9.77, the price-to-book (PB) ratio at 3.50, and the price-to-cash flow ratio at 50.78.
The company has a payout ratio of 303.70%. The company’s most recent quarterly dividend payment was $0.38 a share, without any change from last year. Its latest increase dividend $0.0175 reported on Thursday March 17 2022.
Further, the company has a long term debt to equity ratio of 1.36 and a total debt to equity ratio of 1.44 for the quarter ending June 29. Its gross profit as reported stood at $267.97 million compared to revenue of $1.29 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, UDR Inc.’s return on assets was 1.40%.
For the three-month period that ended June 29, UDR Inc. had $1.05 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $3.98 million in the quarter, while revenues of $12.61 million were shrunk -167.84%. The analyst consensus anticipated UDR Inc.’s latest quarter earnings to come in at $0.07 per share, but it turned out to be $0.01, a -85.70% surprise. For the quarter, EBITDA amounted to $221.34 million. At the end of the quarter ending June 29, UDR Inc.’s stock balance sheet showed total debt was $5.71 billion. Shareholders own equity worth $324.92 million.
From a technical analysis perspective, let’s take a brief look at UDR Inc. (UDR) price momentum. RSI 9-day as of the close on 21 September was 21.08%, suggesting the stock is oversold, with historical volatility in this time frame at 21.63%.
As of today, UDR’s price is $43.51 -8.04% or -$3.67 from its 5-day moving average. UDR is currently trading -9.97% lower than its 20-day SMA and -25.24% lower than its 100-day SMA. However, the stock’s current price level is -6.31% below the SMA50 and -25.64% below the SMA200.
The stochastic %K and %D were 6.03% and 10.39%, respectively, and the average true range (ATR) was 1.13. With the 14-day stochastic at 0.32% and the average true range at 1.10, the RSI (14) stands at 28.18%. The stock has reached -2.34 on the 9-day MACD Oscillator while the 14-day reading was at -2.76.
Mizuho downgraded UDR Inc. (NYSE: UDR) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for UDR Inc. (UDR) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell UDR, while 10 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 4 analysts, while 8 others rate it as a “buy”.
What is UDR’s price target for the next 12 months?
Analysts predict a range of price targets between $46.00 and $71.00, with a median target of $54.00. Taking a look at these predictions, the average price target given by analysts for UDR Inc. (UDR) stock is $54.10.