United Dominion Realty Trust (NYSE:UDR) Stock Passes Above 200 Day Moving Average – What’s Next?

United Dominion Realty Trust, Inc. (NYSE:UDR)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $37.42 and traded as high as $37.73. United Dominion Realty Trust shares last traded at $37.27, with a volume of 2,260,511 shares changing hands.

United Dominion Realty Trust News Summary

Here are the key news stories impacting United Dominion Realty Trust this week:

• Negative Sentiment: Zacks lowered its FY2026 EPS estimate to $2.54 from $2.56, FY2027 to $2.61 from $2.63, and FY2028 to $2.72 from $2.76. Quarterly estimates were also reduced for Q4 2026, Q1 2027, Q3 2027, Q1 2028, and Q2 2028, with cuts generally ranging from $0.01 to $0.02 per share.
• Neutral Sentiment: The revised FY2026 forecast of $2.54 remains slightly above the broader consensus estimate of $2.53. UDR’s previously issued FY2026 guidance is $2.49–$2.57 per share, so the new Zacks forecast remains within management’s target range.

Analysts Set New Price Targets

Several analysts have recently weighed in on UDR shares. Royal Bank Of Canada lifted their target price on United Dominion Realty Trust from $37.00 to $38.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 6th. Morgan Stanley cut their price target on shares of United Dominion Realty Trust from $44.50 to $42.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 12th. Wells Fargo & Company raised their price target on shares of United Dominion Realty Trust from $43.00 to $44.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of United Dominion Realty Trust in a report on Wednesday, June 24th. Finally, Jefferies Financial Group raised shares of United Dominion Realty Trust to a “strong-buy” rating in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $41.66.

United Dominion Realty Trust Price Performance

The company has a debt-to-equity ratio of 2.01, a quick ratio of 4.22 and a current ratio of 4.22. The firm has a fifty day simple moving average of $39.06 and a 200 day simple moving average of $37.42. The company has a market capitalization of $12.05 billion, a PE ratio of 23.96, a P/E/G ratio of 9.65 and a beta of 0.70.

United Dominion Realty Trust (NYSE:UDR) last issued its earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.08. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The business had revenue of $425.40 million during the quarter, compared to analysts’ expectations of $423.35 million. During the same period in the prior year, the business earned $0.64 EPS. The business’s revenue for the quarter was up .0% compared to the same quarter last year. United Dominion Realty Trust has set its FY 2026 guidance at 2.490-2.570 EPS and its Q3 2026 guidance at 0.640-0.640 EPS. Equities analysts anticipate that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current year.

United Dominion Realty Trust declared that its Board of Directors has initiated a stock buyback program 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 programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other news, CEO Thomas W. Toomey sold 80,000 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $39.25, for a total value of $3,140,000.00. Following the completion of the sale, the chief executive officer owned 810,455 shares in the company, valued at approximately $31,810,358.75. The trade was a 8.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.82% of the company’s stock.

Hedge Funds Weigh In On United Dominion Realty Trust

Hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new position in United Dominion Realty Trust in the second quarter valued at about $1,247,535,000. Canada Pension Plan Investment Board purchased a new stake in shares of United Dominion Realty Trust during the second quarter valued at about $219,560,000. Bank of New York Mellon Corp purchased a new stake in shares of United Dominion Realty Trust during the second quarter valued at about $89,660,000. Legal & General Group Plc bought a new stake in shares of United Dominion Realty Trust in the 2nd quarter valued at about $78,688,000. Finally, Bank of America Corp DE bought a new stake in shares of United Dominion Realty Trust in the 2nd quarter valued at about $56,374,000. 97.82% of the stock is currently owned by institutional investors.

United Dominion Realty Trust Company Profile

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.