United Dominion Realty Trust, Inc. (NYSE:UDR) Shares Will Pay Monthly Dividend of $0.14

United Dominion Realty Trust, Inc. (NYSE:UDR) announced a monthly dividend on Thursday, September 24th. Stockholders 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 dividend yield of 5.2%. The ex-dividend date is Tuesday, December 15th.

United Dominion Realty Trust has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 15 years. United Dominion Realty Trust has a dividend payout ratio of 285.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. 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 Stock Down 0.3%

UDR stock opened at $33.44 on Friday. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.01. United Dominion Realty Trust has a 1 year low of $32.94 and a 1 year high of $42.00. The company has a fifty day simple moving average of $37.16 and a 200 day simple moving average of $37.10. The firm has a market cap of $10.74 billion, a PE ratio of 21.30, a PEG ratio of 8.69 and a beta of 0.70.

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UDR. UBS Group reissued a “buy” rating and issued a $41.00 price objective (down from $42.00) on shares of United Dominion Realty Trust in a research note on Tuesday, September 15th. Wells Fargo & Company decreased their target price on United Dominion Realty Trust from $44.00 to $43.00 and set an “overweight” rating for the company in a research report on Tuesday, September 1st. Evercore set a $41.00 target price on United Dominion Realty Trust in a research report on Monday. Mizuho lowered their price target on United Dominion Realty Trust from $41.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, September 8th. Finally, JPMorgan Chase & Co. lifted their price target on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the company an “underweight” rating in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $40.97.

United Dominion Realty Trust Company Profile

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.