UDR with ticker code (UDR) now have 20 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 52 and 42 and has a mean target at $46.80. Given that the stocks previous close was at $39.95 this now indicates there is a potential upside of 17.1%. There is a 50 day moving average of $41.86 and the 200 day moving average is $42.75. The market capitalization for the company is $21,949m. Find out more information at: https://www.udr.com
The potential market cap would be $25,713m based on the market consensus.
UDR (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust 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 September 30, 2020, UDR owned or had an ownership position in 51,649 apartment homes including 1,031 homes under development. For over 48 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 3.75% with the ex dividend date set at 6-4-2023 (DMY).
Other points of data to note are a P/E ratio of 155.64, revenue per share of 4.73 and a 1.38% return on assets.
