UDR with ticker code (UDR) have now 21 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 50 and 41 calculating the average target price we see $45.88. Given that the stocks previous close was at $41.33 and the analysts are correct then there would likely be a percentage uptick in value of 11.0%. It’s also worth noting that there is a 50 day moving average of $41.01 and the 200 day MA is $42.00. The market capitalization for the company is $22,660m. Find out more information at: https://www.udr.com
The potential market cap would be $25,154m based on the market consensus.
UDR (NYSE: UDR), an S&P 500 company, is a leading multifamily REIT with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S. markets. As of December 31, 2022, UDR owned or had an ownership position in 58,390 apartment homes including 554 homes under development. For over 50 years, UDR has delivered long-term value to shareholders, the best standard of service to Residents and the highest quality experience for Associates.
The company has a dividend yield of 4.08% with the ex dividend date set at 6-4-2023 (DMY).
Other points of data to note are a P/E ratio of 132.97, revenue per share of 4.84 and a 1.54% return on assets.
