With 1.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.81 million shares. The 52-week range on UDR shows that it touched its highest point at $47.52 and its lowest point at $34.69 during that stretch. It currently has a 1-year price target of $46.20. With its current market cap of 14.24 billion, UDR has annualized dividend of $1.70 while the current yield stands at 3.95%. Beta for the stock currently stands at 0.89.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UDR was up-trending over the past week, with a rise of 1.08%, but this was up by 4.12% over a month. Three-month performance dropped to -2.93% while six-month performance rose 2.61%. The stock gained 19.43% in the past year, while it has lost -0.92% so far this year. A look at the trailing 12-month EPS for UDR yields 0.26 with Next year EPS estimates of 0.60. For the next quarter, that number is 0.15. This implies an EPS growth rate of 104.39% for this year and 13.71% for next year. EPS is expected to grow by 53.27% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -16.50%.
Float and Shares Shorts:
At present, 330.86 million UDR shares are outstanding with a float of 329.44 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UDR since 23 analysts follow the stock currently. There are 14 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 9 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.34195 being high and $0.3246 being low. For UDR, this leads to a yearly average estimate of $0.3312.
