Brokerages Set United Dominion Realty Trust, Inc. (NYSE:UDR) PT at $40.54

Shares of United Dominion Realty Trust, Inc. (NYSE:UDRGet Free Report) have been given a consensus rating of “Hold” by the fifteen analysts that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $40.3214.

A number of brokerages have issued reports on UDR. Piper Sandler lifted their price target on United Dominion Realty Trust from $39.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Evercore reissued an “outperform” rating on shares of United Dominion Realty Trust in a research report on Wednesday, February 11th. Weiss Ratings restated a “hold (c)” rating on shares of United Dominion Realty Trust in a research note on Friday, March 27th. Cantor Fitzgerald lowered their price target on United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating for the company in a report on Monday. Finally, Truist Financial dropped their price target on shares of United Dominion Realty Trust from $42.00 to $41.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th.

Read Our Latest Stock Report on UDR

Institutional Trading of United Dominion Realty Trust

A number of large investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in United Dominion Realty Trust by 1.7% during the first 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 buying an additional 986 shares during the period. Empowered Funds LLC grew its position in shares of United Dominion Realty Trust by 5.8% during the first quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock worth $277,000 after acquiring an additional 337 shares during the last quarter. Finally, Jane Street Group LLC increased 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 valued at $634,000 after acquiring an additional 3,637 shares during the period. 97.82% of the stock is owned by institutional investors and hedge funds.

United Dominion Realty Trust Stock Up 1.6%

Shares of United Dominion Realty Trust stock opened at $36.95 on Wednesday. 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 has a 52-week low of $32.94 and a 52-week high of $43.12. The company has a market capitalization of $12.01 billion, a P/E ratio of 25.14, a P/E/G ratio of 12.28 and a beta of 0.73. The company has a 50 day moving average of $35.56 and a 200 day moving average of $35.99.

United Dominion Realty Trust (NYSE:UDRGet Free Report) last announced 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 during the quarter, compared to analyst estimates of $427.08 million. United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. United Dominion Realty Trust’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.61 earnings per share. 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. As a group, research analysts forecast that United Dominion Realty Trust will post 2.53 EPS for the current fiscal year.

United Dominion Realty Trust declared that its Board of Directors has initiated a stock repurchase program on Monday, May 4th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the real estate investment trust to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

United Dominion Realty Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.145 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Tuesday, September 15th. United Dominion Realty Trust’s dividend payout ratio (DPR) is 118.37%.

About United Dominion Realty Trust

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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.

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Analyst Recommendations for United Dominion Realty Trust (NYSE:UDR)

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