LDP Stock Summary and Trading Ideas (Cohen & Steers Duration Preferred And Income | NYSE:LDP)

The primary investment objective of the Fund is high current income through investment in preferred and other income securities. The secondary investment objective is capital appreciation. Preferred and other income securities are issued by U.S. and non-U.S. companies like banks, insurance companies, REITs, other diversified financials as well as utility, energy, pipeline and telecommunications companies.

Cohen & Steers Duration Preferred And Income trades on the NYSE stock market under the symbol LDP.

As of April 19, 2024, LDP stock price climbed to $19.07 with 51,369 million shares trading.

LDP has a beta of 0.75, meaning it tends to be less sensitive to market movements. LDP has a correlation of 0.36 to the broad based SPY ETF.

LDP has a market cap of $554.54 million. This is considered a Small Cap stock.

In the last 3 years, LDP stock traded as high as $27.75 and as low as $16.16.

LDP stock has underperformed the market in the last year with a return of +17.7%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in LDP shares. However, LDP has outperformed the market in the last 3 month and 2 week periods, returning +4.3% and -3.3%, while SPY returned +3.0% and -4.5%, respectively. This indicates LDP has been having a stronger performance recently.

LDP support price is $18.81 and resistance is $19.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LDP stock will trade within this expected range on the day.