United Dominion Realty Trust, Inc. (NYSE:UDR) Receives $40.87 Average Target Price from Analysts

Shares of United Dominion Realty Trust, Inc. (NYSE:UDR) have earned a consensus recommendation of “Hold” from the seventeen analysts that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $41.20.

A number of research firms have issued reports on UDR. Wells Fargo & Company lifted their price objective on shares of United Dominion Realty Trust from $39.00 to $43.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Royal Bank Of Canada increased their target price on shares of United Dominion Realty Trust from $37.00 to $38.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Truist Financial lowered shares of United Dominion Realty Trust from a “buy” rating to a “hold” rating and set a $41.00 price target on the stock. in a research report on Wednesday, July 8th. Scotiabank upped their price objective on shares of United Dominion Realty Trust from $38.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 9th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of United Dominion Realty Trust in a research note on Wednesday, June 24th.

Insiders Place Their Bets

In related news, CEO Thomas W. Toomey sold 80,000 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $39.25, for a total transaction of $3,140,000.00. Following the completion of the transaction, the chief executive officer owned 810,455 shares in the company, valued at approximately $31,810,358.75. This represents a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.82% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UDR. Empowered Funds LLC grew 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 acquiring an additional 337 shares during the period. Jane Street Group LLC raised 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 purchasing an additional 3,637 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in United Dominion Realty Trust by 1.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust’s stock valued at $2,741,000 after purchasing an additional 986 shares during the last quarter. 97.82% of the stock is currently owned by hedge funds and other institutional investors.

United Dominion Realty Trust Stock Down 1.3%

UDR stock opened at $39.45 on Monday. United Dominion Realty Trust has a twelve month low of $32.94 and a twelve month high of $42.00. The company has a quick ratio of 5.56, a current ratio of 5.56 and a debt-to-equity ratio of 1.75. The stock’s 50 day moving average is $38.60 and its 200-day moving average is $37.14. The firm has a market capitalization of $12.82 billion, a PE ratio of 26.84, a P/E/G ratio of 13.50 and a beta of 0.71.

United Dominion Realty Trust (NYSE:UDR) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.05). The company had revenue of $425.85 million for the quarter, compared to analysts’ expectations of $427.08 million. United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The firm’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.61 EPS. 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. Sell-side analysts expect that United Dominion Realty Trust will post 2.53 EPS for the current fiscal year.

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 4.4%. United Dominion Realty Trust’s dividend payout ratio is currently 118.37%.

United Dominion Realty Trust declared that its Board of Directors has authorized a share buyback program on Monday, May 4th that authorizes the company to repurchase 25,000,000 outstanding shares. This repurchase authorization authorizes the real estate investment trust to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

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.