UDR Inc (NYSE: UDR) has a higher price-to-earnings ratio of 27.86x compared to its average ratio. UDR has 36-month beta value of 0.78. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 15 as “hold,” and 1 as “sell.”
The public float for UDR is 327.63M, and currently, short sellers hold a 2.29% ratio of that float. The average trading volume of UDR on April 23, 2024 was 2.94M shares.
UDR) stock’s latest price update
The stock price of UDR Inc (NYSE: UDR) has surged by 1.68 when compared to previous closing price of 36.40, but the company has seen a 3.24% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-20 that Inflation is rising, causing bond rates to increase and stock prices to fall. REITs, which are income-oriented and interest rate sensitive, are particularly affected. This creates a buying opportunity for high-quality REITs with long-term potential.
UDR’s Market Performance
UDR’s stock has risen by 3.24% in the past week, with a monthly drop of -1.60% and a quarterly drop of -2.19%. The volatility ratio for the week is 1.80% while the volatility levels for the last 30 days are 2.01% for UDR Inc The simple moving average for the past 20 days is 1.09% for UDR’s stock, with a -0.02% simple moving average for the past 200 days.
Analysts’ Opinion of UDR
Many brokerage firms have already submitted their reports for UDR stocks, with Piper Sandler repeating the rating for UDR by listing it as a “Neutral.” The predicted price for UDR in the upcoming period, according to Piper Sandler is $40 based on the research report published on April 10, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see UDR reach a price target of $39, previously predicting the price at $34. The rating they have provided for UDR stocks is “Overweight” according to the report published on March 04th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to UDR, setting the target price at $37 in the report published on February 26th of the current year.
UDR Trading at 1.50% from the 50-Day Moving Average
After a stumble in the market that brought UDR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.80% of loss for the given period.
Volatility was left at 2.01%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares sank -0.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.28% upper at present.
During the last 5 trading sessions, UDR rose by +3.24%, which changed the moving average for the period of 200-days by -14.63% in comparison to the 20-day moving average, which settled at $36.60. In addition, UDR Inc saw -3.34% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UDR starting from TOOMEY THOMAS W, who sale 45,000 shares at the price of $37.90 back on Dec 26 ’23. After this action, TOOMEY THOMAS W now owns 939,716 shares of UDR Inc, valued at $1,705,500 using the latest closing price.
Stock Fundamentals for UDR
Current profitability levels for the company are sitting at:
- 0.37 for the present operating margin
- 0.24 for the gross margin
The net margin for UDR Inc stands at 0.27. The total capital return value is set at 0.06. Equity return is now at value 10.99, with 3.97 for asset returns.
Based on UDR Inc (UDR), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.56. The interest coverage ratio of the stock is 3.31.
Currently, EBITDA for the company is 978.79 million with net debt to EBITDA at 11.68. When we switch over and look at the enterprise to sales, we see a ratio of 11.14. The receivables turnover for the company is 7.11for trailing twelve months and the total asset turnover is 0.14.
Conclusion
To put it simply, UDR Inc (UDR) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
