UDR Stock Summary and Trading Ideas (Udr | NYSE:UDR)

UDR Inc is a real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. The company has two reportable segments; Same-Store Communities segment represents those communities acquired, developed, and stabilized prior to January 1, 2021, and held as of December 31, 2022, and Non-Mature Communities/Other segment represents those communities that do not meet the criteria to be included in Same-Store Communities, including, but not limited to, recently acquired, developed and redeveloped communities, and the non-apartment components of mixed-use properties. It generates key revenue from Same-Store Communities.

Udr trades on the NYSE stock market under the symbol UDR.

As of December 13, 2024, UDR stock price declined to $44.47 with 1,208,344 million shares trading.

UDR has a beta of 0.67, meaning it tends to be less sensitive to market movements. UDR has a correlation of 0.17 to the broad based SPY ETF.

UDR has a market cap of $14.67 billion. This is considered a Large Cap stock.

Last quarter Udr reported $418 million in Revenue and $.62 earnings per share. This beat revenue expectation by $2 million and met earnings estimates .

In the last 3 years, UDR traded as high as $61.06 and as low as $30.95.

The top ETF exchange traded funds that UDR belongs to (by Net Assets): VNQ, VTI, VOO, VB, SPY.

UDR has underperformed the market in the last year with a price return of +24.4% while the SPY ETF gained +29.9%. UDR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.7% and -3.0%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

UDR support price is $44.40 and resistance is $45.24 (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 UDR shares will trade within this expected range on the day.