UDR traded at $36.44 this Friday November 13th, increasing $0.31 or 0.86 percent since the previous trading session. Looking back, over the last four weeks, UDR gained 7.30 percent. Over the last 12 months, its price rose by 5.08 percent. Looking ahead, we forecast UDR to be priced at 35.62 by the end of this quarter and at 33.27 in one year, according to Trading Economics global macro models projections and analysts expectations.
UDR, Inc. is a self-administered real estate investment trust. The Company owns, operates, acquires, renovates, develops, redevelops, disposes of and manages multifamily apartment communities generally located in various markets across the United States. The Company's segments are Same-Store Communities and Non-Mature Communities/Other. As of December 31, 2016, the Company's consolidated real estate portfolio included 127 communities located in 18 markets, with a total of 39,454 completed apartment homes. As of December 31, 2016, the Company also had an ownership interest in 27 communities containing 6,849 apartment homes through unconsolidated joint ventures or partnerships. As of December 31, 2016, the Company's properties were in various locations, such as Orange County, San Francisco and Los Angeles in California; Seattle, Washington; Richmond, Virginia; Baltimore, Maryland; Orlando and Tampa in Florida; Nashville, Tennessee, and Dallas and Austin in Texas.