What is Zacks Research’s Estimate for UDR FY2028 Earnings?

United Dominion Realty Trust, Inc. (NYSE:UDR) – Analysts at Zacks Research reduced their FY2028 earnings per share estimates for shares of United Dominion Realty Trust in a research report issued to clients and investors on Monday, July 6th. Zacks Research analyst Team now expects that the real estate investment trust will earn $2.74 per share for the year, down from their prior estimate of $2.75. The consensus estimate for United Dominion Realty Trust’s current full-year earnings is $2.53 per share.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.57 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.05). United Dominion Realty Trust had a return on equity of 15.10% and a net margin of 28.60%.The company had revenue of $425.85 million for the quarter, compared to analyst estimates of $427.08 million. During the same period last year, the business earned $0.61 EPS. The business’s quarterly revenue was up .8% compared to the same quarter last year. 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.

UDR has been the subject of several other reports. Evercore restated an “outperform” rating on shares of United Dominion Realty Trust in a research note on Monday, June 8th. Scotiabank decreased their price objective on United Dominion Realty Trust from $39.00 to $38.00 and set a “sector perform” rating for the company in a report on Thursday, May 14th. Morgan Stanley increased their target price on United Dominion Realty Trust from $43.00 to $44.50 and gave the stock an “equal weight” rating in a report on Thursday, June 25th. Cantor Fitzgerald decreased their price target on shares of United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Finally, Mizuho lifted 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 Wednesday, June 10th. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, United Dominion Realty Trust currently has a consensus rating of “Hold” and an average price target of $40.67.

United Dominion Realty Trust Trading Up 1.4%

NYSE:UDR opened at $41.53 on Tuesday. United Dominion Realty Trust has a 12 month low of $32.94 and a 12 month high of $41.48. The company has a current ratio of 5.56, a quick ratio of 5.56 and a debt-to-equity ratio of 1.75. The stock has a market capitalization of $13.49 billion, a price-to-earnings ratio of 28.25, a PEG ratio of 13.88 and a beta of 0.71. The firm has a fifty day simple moving average of $38.04 and a two-hundred day simple moving average of $36.95.

United Dominion Realty Trust Announces Dividend

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 issued a $0.145 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 4.2%. United Dominion Realty Trust’s dividend payout ratio is currently 118.37%.

United Dominion Realty Trust declared that its board has authorized a stock buyback plan on Monday, May 4th that authorizes the company to buyback 25,000,000 shares. This buyback authorization authorizes the real estate investment trust to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Insider Activity

In related news, CEO Thomas W. Toomey sold 80,000 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $39.25, for a total transaction of $3,140,000.00. Following the completion of the sale, the chief executive officer directly owned 810,455 shares of the company’s stock, valued at approximately $31,810,358.75. This trade represents a 8.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.82% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Empowered Funds LLC increased its position in shares of 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 purchasing an additional 337 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of United Dominion Realty Trust by 1.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust’s stock worth $2,741,000 after purchasing an additional 986 shares during the period. Finally, Jane Street Group LLC boosted its holdings in shares of United Dominion Realty Trust by 35.0% in the 1st quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock worth $634,000 after buying an additional 3,637 shares during the last quarter. 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.