United Dominion Realty Trust, Inc. (NYSE:UDR) Receives Average Rating of "Hold" from Brokerages

Key Points

• Analyst consensus is “Hold”: Eighteen brokerages covering UDR issued two sell, ten hold, five buy, and one strong-buy rating, with an average 12-month price target of $40.97.
• UDR reported quarterly EPS of $0.21, beating the $0.13 consensus estimate, while revenue reached $425.4 million versus expectations of $423.35 million.
• The REIT declared a monthly dividend of $0.145 per share, equal to $1.74 annually and a 5.1% yield; institutional investors own 97.82% of the stock.

Shares of United Dominion Realty Trust, Inc. (NYSE:UDR - Get Free Report) have been given an average recommendation of "Hold" by the eighteen brokerages that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $40.97.

Several analysts have commented on UDR shares. UBS Group reiterated a "buy" rating and set a $41.00 target price (down from $42.00) on shares of United Dominion Realty Trust in a research note on Tuesday, September 15th. Weiss Ratings restated a "hold (c)" rating on shares of United Dominion Realty Trust in a research note on Monday. The Goldman Sachs Group reaffirmed a "sell" rating and set a $38.00 price target on shares of United Dominion Realty Trust in a report on Thursday, July 30th. Evercore set a $41.00 price objective on United Dominion Realty Trust in a research report on Monday. Finally, Cantor Fitzgerald increased their price objective on United Dominion Realty Trust from $39.00 to $41.00 and gave the company a "neutral" rating in a research report on Monday, August 3rd.

United Dominion Realty Trust Stock Up 0.9%

Shares of United Dominion Realty Trust stock opened at $33.86 on Friday. The company has a 50-day simple moving average of $37.04 and a two-hundred day simple moving average of $37.08. The stock has a market capitalization of $10.88 billion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 8.55 and a beta of 0.70. United Dominion Realty Trust has a 52-week low of $32.94 and a 52-week high of $42.00. The company has a debt-to-equity ratio of 2.01, a quick ratio of 4.22 and a current ratio of 4.22.

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

United Dominion Realty Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.1450 per share. The ex-dividend date is Tuesday, December 15th. This represents a $1.74 annualized dividend and a yield of 5.1%. United Dominion Realty Trust's dividend payout ratio is currently 110.83%.

Institutional Trading of United Dominion Realty Trust

A number of large investors have recently made changes to their positions in UDR. Addison Advisors LLC purchased a new position in shares of United Dominion Realty Trust during the second quarter valued at approximately $58,000. Northwestern Mutual Wealth Management Co. purchased a new stake in United Dominion Realty Trust in the second quarter worth approximately $75,000. Allworth Financial LP bought a new stake in United Dominion Realty Trust in the 2nd quarter worth approximately $106,000. Westpac Banking Corp bought a new stake in United Dominion Realty Trust in the 2nd quarter worth approximately $114,000. Finally, Global Retirement Partners LLC bought a new stake in United Dominion Realty Trust in the 2nd quarter worth approximately $187,000. 97.82% of the stock is currently owned by institutional investors.

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.

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