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

Key Points

• Analyst consensus is “Hold” for UDR, with nine hold, five buy, two sell and one strong-buy rating. The average 12-month price target is $40.03, compared with the stock’s reported price of $34.40.
• Institutional ownership is substantial at 97.82%, with several major investors—including the Canada Pension Plan Investment Board and Deutsche Bank—recently establishing new positions.
• UDR reported quarterly EPS of $0.21, beating the $0.13 consensus estimate, and revenue of $425.4 million. The company also announced a monthly dividend of $0.145 per share, equivalent to a 5.1% annualized yield.

Shares of United Dominion Realty Trust, Inc. (NYSE:UDR - Get Free Report) have earned an average rating of "Hold" from the seventeen ratings firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $40.03.

A number of brokerages have commented on UDR. Wells Fargo & Company reduced their price target on United Dominion Realty Trust from $43.00 to $39.00 and set an "overweight" rating for the company in a research report on Monday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of United Dominion Realty Trust in a research report on Monday, September 21st. Barclays cut their price objective on 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. The Goldman Sachs Group reissued a "sell" rating and issued a $38.00 target price on shares of United Dominion Realty Trust in a report on Thursday, July 30th. Finally, Jefferies Financial Group raised shares of United Dominion Realty Trust to a "strong-buy" rating in a report on Wednesday, July 22nd.

Institutional Investors Weigh In On United Dominion Realty Trust

Institutional investors have recently bought and sold shares of the business. Jefferies Financial Group Inc. purchased a new position in United Dominion Realty Trust during the second quarter valued at $1,404,000. Danske Bank A S bought a new stake in shares of United Dominion Realty Trust in the 2nd quarter worth about $1,943,000. Deutsche Bank AG purchased a new stake in shares of United Dominion Realty Trust during the 2nd quarter valued at about $36,150,000. Canada Pension Plan Investment Board purchased a new stake in shares of United Dominion Realty Trust during the 2nd quarter valued at about $219,560,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of United Dominion Realty Trust during the 2nd quarter valued at about $24,849,000. Hedge funds and other institutional investors own 97.82% of the company's stock.

United Dominion Realty Trust Stock Performance

UDR opened at $34.40 on Wednesday. The company's 50 day moving average is $35.37 and its 200 day moving average is $36.96. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.01. The company has a market cap of $11.05 billion, a price-to-earnings ratio of 21.91, a PEG ratio of 9.42 and a beta of 0.72. United Dominion Realty Trust has a 12-month low of $32.94 and a 12-month high of $42.00.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last announced its 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. United Dominion Realty Trust had a net margin of 30.43% and a return on equity of 16.56%. The business had revenue of $425.40 million during the quarter, compared to analysts' expectations of $423.35 million. During the same period in the prior year, the company earned $0.64 earnings per share. The firm's 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. On average, equities research analysts predict that United Dominion Realty Trust will post 2.53 EPS for the current year.

United Dominion Realty Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Investors 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 dividend on an annualized basis and a dividend yield of 5.1%. United Dominion Realty Trust's payout ratio is 110.83%.

United Dominion Realty Trust Company Profile

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.

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