United Dominion Realty Trust, Inc. (NYSE:UDR) Stock Has Average Target Price of $40.03

United Dominion Realty Trust, Inc. (NYSE:UDR) has earned a consensus recommendation of “Hold” from the seventeen ratings firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $40.03.

A number of analysts recently weighed in on UDR shares. Mizuho lowered their target price on shares of United Dominion Realty Trust from $41.00 to $39.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 8th. Barclays cut their price target on shares of United Dominion Realty Trust from $46.00 to $44.00 and set an “overweight” rating for the company in a research note on Wednesday, October 14th. Scotiabank cut their price target on shares of United Dominion Realty Trust from $41.00 to $38.00 and set a “sector perform” rating for the company in a research note on Thursday, September 17th. The Goldman Sachs Group reaffirmed a “sell” rating and set a $38.00 price objective on shares of United Dominion Realty Trust in a report on Thursday, July 30th. Finally, Piper Sandler lowered their price objective on United Dominion Realty Trust from $41.00 to $36.00 and set a “neutral” rating on the stock in a research note on Monday, October 12th.

Institutional Trading of United Dominion Realty Trust

A number of large investors have recently bought and sold shares of the stock. New Mexico Educational Retirement Board boosted its stake in shares of United Dominion Realty Trust by 7.2% in the 2nd quarter. New Mexico Educational Retirement Board now owns 14,900 shares of the real estate investment trust’s stock valued at $595,000 after purchasing an additional 1,000 shares in the last quarter. Rakuten Investment Management Inc. bought a new stake in United Dominion Realty Trust during the second quarter worth about $1,258,000. Empowered Funds LLC bought a new stake in United Dominion Realty Trust during the second quarter worth about $253,000. United Capital Financial Advisors LLC acquired a new stake in shares of United Dominion Realty Trust during the second quarter worth approximately $366,000. Finally, Pacific Heights Asset Management LLC acquired a new stake in shares of United Dominion Realty Trust during the second quarter worth approximately $15,968,000. 97.82% of the stock is currently owned by institutional investors.

United Dominion Realty Trust Trading Down 0.9%

United Dominion Realty Trust stock opened at $35.84 on Wednesday. The business has a 50 day moving average price of $35.24 and a two-hundred day moving average price of $36.97. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.01. United Dominion Realty Trust has a 12 month low of $32.94 and a 12 month high of $42.00. The stock has a market cap of $11.51 billion, a price-to-earnings ratio of 14.19, a price-to-earnings-growth ratio of 10.03 and a beta of 0.72.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings data 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 company had revenue of $425.40 million for the quarter, compared to analyst estimates of $423.35 million. During the same quarter last year, the firm earned $0.64 EPS. United Dominion Realty Trust’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. As a group, equities analysts forecast that United Dominion Realty Trust will post 2.54 EPS for the current year.

United Dominion Realty Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be paid a $0.1450 dividend. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $1.74 annualized dividend and a yield of 4.9%. United Dominion Realty Trust’s payout ratio is currently 110.83%.

About United Dominion Realty Trust

United Dominion Realty Trust, Inc (NYSE: UDR) is a real estate investment trust that owns, operates, acquires and develops multifamily apartment communities. The company generates revenue primarily by leasing apartments and related residential units to individuals and households.

UDR’s portfolio includes conventional apartment communities as well as residential properties with amenities and services designed to support renter convenience and engagement. Its operations encompass property management, resident services, renovations, development and strategic acquisitions.

Founded in 1972, UDR has grown into a multifamily housing owner and operator serving selected markets across the United States.