United Dominion Realty Trust, Inc. (UDR) To Go Ex-Dividend on December 15th

United Dominion Realty Trust, Inc. (NYSE:UDR) announced a monthly dividend on Thursday, September 24th. Investors of record on Tuesday, December 15th will be paid a dividend of $0.1450 per share by the real estate investment trust on Thursday, December 31st. This represents a $1.74 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Tuesday, December 15th.

United Dominion Realty Trust has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 15 years. United Dominion Realty Trust has a payout ratio of 285.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect United Dominion Realty Trust to earn $2.58 per share next year, which means the company should continue to be able to cover its $1.74 annual dividend with an expected future payout ratio of 67.4%.

United Dominion Realty Trust Trading Up 0.9%

United Dominion Realty Trust stock opened at $33.86 on Friday. United Dominion Realty Trust has a 52 week low of $32.94 and a 52 week high of $42.00. 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 stock has a market capitalization of $10.88 billion, a P/E ratio of 21.57, a PEG ratio of 8.55 and a beta of 0.70. The stock has a 50-day simple moving average of $37.04 and a 200 day simple moving average of $37.08.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.08. The firm had revenue of $425.40 million for the quarter, compared to the consensus estimate of $423.35 million. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The business’s revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.64 earnings per share. 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. Analysts expect that United Dominion Realty Trust will post 2.53 earnings per share for the current year.

Analyst Ratings Changes

UDR has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their target price on United Dominion Realty Trust from $39.00 to $41.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of United Dominion Realty Trust in a report on Monday. The Goldman Sachs Group reaffirmed a “sell” rating and set a $38.00 price objective on shares of United Dominion Realty Trust in a research report on Thursday, July 30th. Cantor Fitzgerald upped their price objective on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Finally, Scotiabank dropped their price objective on shares of United Dominion Realty Trust from $41.00 to $38.00 and set a “sector perform” rating on the stock in a research report on Thursday, September 17th. 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $40.97.

About United Dominion Realty Trust

United Dominion Realty Trust, Inc (NYSE: UDR) is a real estate investment trust focused on the ownership, acquisition, development, redevelopment and management of multifamily apartment communities. The company generates revenue primarily by leasing residential units to individuals and families.

Founded in 1972, UDR provides rental housing under its apartment community brands and supports residents through property management and related services. Its portfolio includes conventional apartment communities as well as properties offering amenities and technology-enabled services intended to enhance the resident experience.

UDR operates in selected metropolitan markets across the United States, with a focus on areas characterized by employment growth, household formation and sustained demand for rental housing.