Brokerages Set United Dominion Realty Trust, Inc. (NYSE:UDR) Price Target at $40.87

Shares of United Dominion Realty Trust, Inc. (NYSE:UDR) have earned a consensus rating of “Hold” from the seventeen research firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $41.20.

UDR has been the topic of a number of research reports. Cantor Fitzgerald reduced their price objective on United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Wall Street Zen raised shares of United Dominion Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. The Goldman Sachs Group reduced their price target on shares of United Dominion Realty Trust from $39.00 to $35.00 and set a “sell” rating on the stock in a research report on Friday, April 17th. Mizuho upped their price target on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. Finally, Jefferies Financial Group upgraded shares of United Dominion Realty Trust from a “hold” rating to a “strong-buy” rating in a research report on Tuesday.

United Dominion Realty Trust Stock Down 2.0%

UDR opened at $39.74 on Monday. The firm has a 50-day simple moving average of $38.73 and a two-hundred day simple moving average of $37.18. United Dominion Realty Trust has a 52 week low of $32.94 and a 52 week high of $42.00. The company has a market capitalization of $12.91 billion, a PE ratio of 27.03, a price-to-earnings-growth ratio of 13.73 and a beta of 0.71. The company has a quick ratio of 5.56, a current ratio of 5.56 and a debt-to-equity ratio of 1.75.

United Dominion Realty Trust (NYSE:UDR) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). The firm had revenue of $425.85 million for the quarter, compared to analysts’ expectations of $427.08 million. United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The company’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.61 EPS. United Dominion Realty Trust has set its FY 2026 guidance at 2.470-2.570 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. Analysts forecast that United Dominion Realty Trust will post 2.53 earnings per share for the current fiscal year.

United Dominion Realty Trust announced that its Board of Directors has initiated a stock repurchase plan on Monday, May 4th that allows the company to buyback 25,000,000 outstanding shares. This buyback authorization allows the real estate investment trust to repurchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s management believes its shares are undervalued.

United Dominion Realty Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.145 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Tuesday, September 15th. United Dominion Realty Trust’s dividend payout ratio is currently 118.37%.

Insider Activity at United Dominion Realty Trust

In related news, CEO Thomas W. Toomey sold 80,000 shares of United Dominion Realty Trust stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $39.25, for a total value of $3,140,000.00. Following the completion of the transaction, the chief executive officer owned 810,455 shares in the company, valued at approximately $31,810,358.75. This trade represents a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.82% of the company’s stock.

Hedge Funds Weigh In On United Dominion Realty Trust

Large investors have recently modified their holdings of the stock. Jane Street Group LLC increased its position in United Dominion Realty Trust by 35.0% during the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock valued at $634,000 after acquiring an additional 3,637 shares during the last quarter. Empowered Funds LLC lifted its holdings in United Dominion Realty Trust by 5.8% during the 1st quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock valued at $277,000 after buying an additional 337 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of United Dominion Realty Trust by 1.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust’s stock valued at $2,741,000 after purchasing an additional 986 shares during the period. Institutional investors own 97.82% of the company’s stock.

About United Dominion Realty Trust

United Dominion Realty Trust (NYSE: UDR) is a publicly traded real estate investment trust specializing in the ownership, management, acquisition, development and redevelopment of multifamily apartment communities. The company’s core focus is on Class A and Class A–plus residential properties, offering a diverse portfolio designed to meet the evolving needs of renters. UDR employs a full-service management platform to oversee daily operations, property maintenance, leasing, and resident services, ensuring consistency and quality across its holdings.

UDR’s business activities encompass ground-up development, strategic property redevelopment, and selective acquisitions.