Previous close | 14.56 |
Open | 14.57 |
Bid | 14.37 x 1400 |
Ask | 15.31 x 900 |
Day's range | 14.48 - 14.86 |
52-week range | 13.68 - 17.59 |
Volume | |
Avg. volume | 1,405,285 |
Market cap | 2.799B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 17.61 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.14 (7.80%) |
Ex-dividend date | 27 Mar 2024 |
1y target est | N/A |
Strong Performance Despite Challenging Market Conditions
UDR (UDR) delivered FFO and revenue surprises of 0% and 0.75%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
It's always interesting to see the timing of analyst downgrades. The best downgrades usually come after a lengthy price runup that looks unsustainable, but sometimes an analyst will downgrade a stock after a sizeable pullback in price. When that happens, some investors see it as a contrarian indicator, speculating that extreme bearishness is now built into the stock and a reversal could be forthcoming. Take a look at four real estate investment trusts (REITs) that have received analyst downgrade