It’s Not Over Yet For UDR Inc (NYSE: UDR)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that UDR Announces Fourth Quarter and Full-Year 2023 Results, Establishes 2024 Guidance Ranges, and Increases Dividend.

Stocks Info

UDR Inc is listed on the NYSE as a member of the Real Estate sector and is a part of the REIT – Residential industry. At the end of the last regular session, the stock closed at $36.15 and fluctuated between $36.45 as its day high and $36.10 as its day low. The current market capitalization of UDR Inc is $11.90B. A total of 2.67 million shares were traded on the day, compared to an average of 3.15M shares.

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, UDR has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 45,000 shares. Over the last 12 months, there were 0 BUYs and 1 SELLs from insiders. Insiders purchased 0 shares during that period but sold 45,000.

In the most recent transaction, TOOMEY THOMAS W sold 45,000 shares of UDR for 37.90 per share on Dec 26. After the transaction, the Chairman and CEO now owns 939,716 company shares.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. UDR Inc pays an annual dividend of $1.68, resulting in a dividend yield of 4.65%, and it has a price to earnings (P/E) ratio of 27.21. UDR’s most recent ex-dividend date was 1/9/2024 when it declared a $0.42 quarterly dividend that was paid in cash on 1/31/2024. Previously, the company paid the dividend on 10/31/2023 with an ex-dividend date of 10/6/2023. The UDR stock dividend was $0.42 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for UDR in the last 3 months, the mean price target is $39.00 with high estimates of $45.00 and low estimates of $34.00. In terms of 52-week highs and lows, UDR has a high of $44.42 and a low of $30.95.

As of this writing, UDR has an earnings estimate of $0.09 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.12 per share and a lower estimate of $0.07. The company reported an EPS of $0.1 in the last quarter, which was -9.10% lower than expectations of $0.11.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. UDR’s latest balance sheet shows that the firm has $967.00k in Cash & Short Term Investments as of fiscal 2021. There were $5.61B in debt and $645.75M in liabilities at the time. Its Book Value Per Share was $11.99, while its Total Shareholder’s Equity was $4.77B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for UDR is Buy with a score of 3.62.