UDR - UDR, Inc.
| Previous Close | 46.38 |
| Open | 46.51 |
| Bid | 46.25 x 1100 |
| Ask | 46.26 x 1800 |
| Day's Range | 45.88 - 46.73 |
| 52 Week Range | 38.14 - 50.61 |
| Volume | 2071849 |
| Avg. Volume | 1,653,750 |
| Market Cap | 14B |
| Beta (5Y Monthly) | 0.37 |
| PE Ratio (TTM) | 78.14 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.37 (2.95%) |
| Ex-Dividend Date | 2020-01-09 |
| 1y Target Est | N/A |
- Zacks
Encouraging Near-Term Outlook for Residential REIT Stocks
Encouraging Near-Term Outlook for Residential REIT Stocks
- InvestorPlace
3 Big Stock Charts for Friday: J.M. Smucker, Ralph Lauren, and UDR
U.S. stocks might be back on track. After choppy trading since Thanksgiving, two of the three major broad market indices reached new all-time closing highs on Thursday. The Dow Jones Industrial Average sits just a tenth of a percentage point shy.Source: Shutterstock The catalyst was an apparent, if uncertain, truce in the U.S.-China trade war. And if that roadblock is cleared, there may be more upside ahead for equities. The Federal Reserve seems to have a constructive posture. The U.S. economy has slowed, but unemployment remains at record lows and consumer confidence is intact. It looks like smooth sailing heading into 2020.Friday's three big stock charts, however, focus on stocks for which the outlook is a bit more complicated. All three stocks trade at key levels, either hoping for support to hold or for resistance to give. Those hopes could be boosted if the market-wide rally continues as expected.InvestorPlace - Stock Market News, Stock Advice & Trading Tips J.M. Smucker (SJM)Source: Provided by Finviz The first of Friday's big stock charts, J.M. Smucker (NYSE:SJM), isn't difficult to decipher. The key question is whether support will hold: * Click to Enlarge Source: Provided by Finviz Technically, there's reason to argue that it will. $102 has held repeatedly, and looking to the weekly chart, similar levels served as resistance earlier this year. SJM consolidated at that point and began its rally to May highs. * Fundamentally, the case is intriguing as well. I made the case for SJM stock last year, and while that case hasn't played out, the broad outline still holds. Smucker's pivot into pet food and coffee mimics a similar and well-received effort at General Mills (NYSE:GIS). Other names in the sector have rallied, with stocks like Procter & Gamble (NYSE:PG) and McCormick (NYSE:MKC,NYSE:MKC.V) breaking out. Yet SJM stock trades at less than 13x forward earnings. * That said, those stocks are driving solid earnings growth. J.M. Smucker isn't. FY21 consensus earnings per share estimates are modestly below fiscal 2019 levels. Full-year guidance for FY20 was cut after the fiscal second quarter report last month. There are reasons why investor patience appears to have run out. * From a near-term standpoint, it might be other companies that determine whether support holds. Both General Mills and Conagra Brands (NYSE:CAG) release earnings next week. Strong reports from those peers could drive optimism toward the sector and lead investors to take a longer look at one of the group's laggards. Weakness, however, could resurrect industry worries -- and lead SJM to bust through support. Ralph Lauren (RL)Source: Provided by Finviz For Ralph Lauren (NYSE:RL), the second of Friday's big stock charts, the situation is reversed. RL stock is trying to bust through resistance, and here too there's reason for optimism: * Thursday's 3.7% gain puts RL in position for a breakout. An uptrend has held since August lows, and on decent volume. With the Relative Strength Index at 65, shy of overbought territory at 70, there's probably still some potential momentum behind the stock. If RL can break through resistance, there should be a path toward $122 and then early-year highs at $130. * The rise in Ralph Lauren stock on Thursday, meanwhile, makes some sense. RL stock spiked 15% after fiscal second quarter earnings in early November handily beat Wall Street estimates. The key catalyst was strength on the Chinese mainland, where revenue increased 22% on a constant-currency basis. Good news on the trade front should help Ralph Lauren -- yet Ralph Lauren stock trades roughly where it did after the post-earnings spike. * There are risks here on both fronts, however. Resistance has been firm going back to May. Apparel has been a brutally difficult sector. Revenue is guided to rise roughly 2% in constant currency this year; while performance on the Chinese mainland has been strong, protests in Hong Kong have hit sales in that market. At less than 14x forward earnings, RL stock is cheap, but for years now 'cheap' hasn't been enough for apparel stocks, and there's the chance that will be true for Ralph Lauren stock at these levels. UDR, Inc. (UDR)Source: Provided by Finviz Apartment operator UDR, Inc. (NYSE:UDR) already has breached support. The third of our big stock charts suggests the declines could continue, though there are some fundamental reasons for optimism: * The fall through support is concerning from a near-term perspective. $47 is an obviously key level that held steadily as resistance this summer, and when UDR finally broke through it posted a nice breakout by REIT (real estate investment trust) standards. But the stock clearly has reversed, falling through not just $47 but all three moving averages. * Thursday's trade news doesn't appear to be much help, either. Treasury yields moved higher on the news, limiting the relative attractiveness of UDR's current 2.95% dividend yield. The sell-off continued the weakness in UDR, which has occurred along with declines in other REITs. Widely held names like Realty Income (NYSE:O), Public Storage (NYSE:PSA), and Essex Property Trust (NYSE:ESS) too have pulled back. It does seem like at some point the declines will cease, though UDR's chart suggests the reversal might not be imminent. * That said, there are some reasons for optimism. Apartment demand is expected to rise over time. A 3% dividend yield may bring in buyers. The current descending narrowing wedge often portends a bullish reversal, and if UDR can claw back into the range it might yet see a bounce. Right now, however, UDR is looking for buyers.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Worst Dividend Stocks of the Decade * 7 Game-Changing Tech Stocks to Buy Now * 5 Chinese Stocks to Buy for the Big 2020 Rebound The post 3 Big Stock Charts for Friday: J.M. Smucker, Ralph Lauren, and UDR appeared first on InvestorPlace.
- Zacks
UDR Closes $1.76B Transaction With MetLife, Reduces Size of JV
UDR's acquisition of interest in 10 operating communities, as part of the UDR/MetLife JV transaction of $1.76 billion, is accretive to earnings and aids in portfolio expansion in strategic markets.
- Zacks
UDR (UDR) Down 4.6% Since Last Earnings Report: Can It Rebound?
UDR (UDR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks
Mid-America Apartment to Raise Capital Through Notes Offering
Mid-America Apartment (MAA) intends to use proceeds from the note offering to repay balance under its commercial paper program, as well as fund acquisitions, development and redevelopment endeavors.
- Zacks
3 REITs for Dividend Investors to Buy with Stock Market at New Highs
Here are three highly-ranked REITs we found using our Zacks Stock Screener that dividend investors might want to buy with stock indexes at new highs...
- Zacks
Equity Residential Boosts Flexibility With New Credit Facility
Equity Residential (EQR) boosts financial flexibility with new credit facility and increase in its commercial paper program.
- Thomson Reuters StreetEvents
Edited Transcript of UDR earnings conference call or presentation 30-Oct-19 5:00pm GMT
Q3 2019 UDR Inc Earnings Call
- American City Business Journals
Deals & Dealmakers: Work starts on 292-unit apartment building by Broncos stadium
First, a recap: Despite its highly publicized financial struggles, WeWork has been busy in Denver. It signed a lease for 55,000 square feet at 1660 Lincoln St., and is still in negotiations for what could be a healthy amount of square footage at the new McGregor Square development. Speaking of that part of town, a Glendale developer that purchased land at 50 S. Kalamath St. in June says that property is now under contract with a Texas developer who is planning a large-scale residential project.
- Zacks
UDR's Q3 FFOA & Revenues Beat Estimates, Occupancy Increases
UDR puts up a decent show in Q3, with year-over-year growth in same-store net operating income and physical occupancy.
- Zacks
UDR (UDR) Q3 FFO Match Estimates
UDR (UDR) delivered FFO and revenue surprises of 0.00% and 1.64%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- Zacks
UDR to Report Q3 Earnings: What's in Store for the Stock?
While UDR Q3 result will likely reflect efforts to boost operating margins on innovative technological solutions and process enhancement, high deliveries of new units might have been a spoilsport.
- Zacks
Essex Property (ESS) Q3 FFO & Revenues Rise Y/Y, Outlook Up
Essex Property's (ESS) Q3 performance reflects growth in same-property net operating income, while occupancy level moderates sequentially and year over year.
- Zacks
Equity Residential (EQR) Q3 FFO and Revenues Beat Estimates
Equity Residential's (EQR) Q3 performance indicates elevated same-store, lease-up and other non-same store NOI amid healthy demand across its markets.
- Insider Monkey
Hedge Funds Are Selling UDR, Inc. (UDR)
You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […]
- Zacks
The Zacks Analyst Blog Highlights: RealPage, Essex Property, AvalonBay, Equity Residential and UDR
The Zacks Analyst Blog Highlights: RealPage, Essex Property, AvalonBay, Equity Residential and UDR
- Zacks
Apartment Market Continues to Shine on Occupancy & Rent Growth
The U.S. apartment rental market banks on stellar demand for rental units in the third quarter, registering higher occupancy levels and rise in rents.
- Zacks
UDR Prices Senior Notes Offerings, To Redeem 4.625% Notes
UDR prices two series of senior unsecured notes, aggregating $100 million and $300 million, respectively. Also, it plans to fully redeem 4.625% senior unsecured notes due in January 2022.
- Simply Wall St.
UDR, Inc. (NYSE:UDR) Stock Goes Ex-Dividend In Just 4 Days
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see UDR, Inc...
- Simply Wall St.
Can You Imagine How UDR's (NYSE:UDR) Shareholders Feel About The 74% Share Price Increase?
Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses...
- Simply Wall St.
Have UDR, Inc. (NYSE:UDR) Insiders Been Selling Their Stock?
We'd be surprised if UDR, Inc. (NYSE:UDR) shareholders haven't noticed that the President & COO, Jerry Davis, recently...
- Zacks
Here's Why UDR Stock Should Be Added to Your Portfolio Now
Driven by strength in its residential portfolio and attractive earnings growth prospects, UDR looks like a solid bet, presently.
- Zacks
UDR (UDR) Up 3.7% Since Last Earnings Report: Can It Continue?
UDR (UDR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks
UDR (UDR) is a Great Momentum Stock: Should You Buy?
Does UDR (UDR) have what it takes to be a top stock pick for momentum investors? Let's find out.
