United Dominion Realty Trust (UDR) has been under a strong bear grip, hence the stock is down -3.48% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.1% in the past 1 week. The 4-week change in the price of the stock is -3.68% and the stock has fallen -0.55% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.39% and the fifty day Moving Average is 1.55%. UDR, Inc. has dropped 0.04% during the last three month period . Year-to-Date the stock performance stands at -2.31%.
United Dominion Realty Trust (UDR) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $41 and the lowest price target forecast is $36. The average forecast of all the analysts is $38.45 and the expected standard deviation is $1.67.
United Dominion Realty Trust (NYSE:UDR): On Fridays trading session , Opening price of the stock was $36.18 with an intraday high of $36.61. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $35.63. However, the stock managed to close at $35.86, a loss of 0.66% for the day. On the previous day, the stock had closed at $36.1. The total traded volume of the day was 1,024,300 shares.
UDR, Inc. is a self-administered real estate investment trust (REIT). The Company owns, operates, acquires, renovates, develops, redevelops and manages multifamily apartment communities located in high barrier-to-entry markets throughout the United States. The Company operates through two segments: Same-Store Communities and Non-Mature Communities/Other. The Companys Same-Store Communities segment includes the communities that were acquired, developed and stabilized prior to January 1, 2013, and held as of December 31, 2014. The Companys Non-Mature Communities/Other segment represents the acquired, developed and redeveloped communities, and the non-apartment components of mixed use properties, which do not meet the criteria to be included in the Same-Store Communities segment. As of December 31, 2014, the Companys consolidated real estate portfolio included 139 communities located in 20 markets, with a total of 39,851 completed apartment homes.