Zacks Research Issues Pessimistic Forecast for UDR Earnings

Key Points

• Zacks Research lowered its Q2 2027 EPS forecast for UDR to $0.65 from $0.66, while projecting full-year 2027 and 2028 EPS of $2.59 and $2.70, respectively.
• Analyst sentiment remains mixed, with UDR carrying an overall “Hold” rating and an average price target of $41.59; recent target changes ranged from $41 to $46.
• UDR shares opened at $36.86, below the analyst consensus target, after the REIT reported quarterly EPS of $0.21, exceeding the $0.13 estimate. Institutional investors own approximately 97.82% of the stock, while the CEO recently sold 80,000 shares.

United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) - Research analysts at Zacks Research decreased their Q2 2027 earnings per share (EPS) estimates for shares of United Dominion Realty Trust in a note issued to investors on Tuesday, September 1st. Zacks Research analyst Team now anticipates that the real estate investment trust will earn $0.65 per share for the quarter, down from their previous forecast of $0.66. The consensus estimate for United Dominion Realty Trust's current full-year earnings is $2.53 per share. Zacks Research also issued estimates for United Dominion Realty Trust's Q3 2027 earnings at $0.63 EPS, Q4 2027 earnings at $0.67 EPS, FY2027 earnings at $2.59 EPS, Q2 2028 earnings at $0.68 EPS and FY2028 earnings at $2.70 EPS.

UDR has been the topic of several other reports. Scotiabank boosted their target price on shares of United Dominion Realty Trust from $38.00 to $41.00 and gave the company a "sector perform" rating in a report on Thursday, July 9th. Barclays lifted their price target on shares of United Dominion Realty Trust from $41.00 to $46.00 and gave the company an "overweight" rating in a research report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $44.00 price objective on shares of United Dominion Realty Trust in a report on Friday, August 14th. JPMorgan Chase & Co. increased their price objective on United Dominion Realty Trust from $39.00 to $41.00 and gave the stock an "underweight" rating in a research report on Tuesday, August 4th. Finally, Truist Financial cut United Dominion Realty Trust from a "buy" rating to a "hold" rating and set a $41.00 target price for the company. in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $41.59.

United Dominion Realty Trust Price Performance

United Dominion Realty Trust stock opened at $36.86 on Wednesday. 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 50-day moving average price of $38.89 and a 200 day moving average price of $37.42. 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 $11.84 billion, a P/E ratio of 23.48, a PEG ratio of 9.41 and a beta of 0.70.

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, topping the consensus estimate of $0.13 by $0.08. The business had revenue of $425.40 million for the quarter, compared to analyst estimates of $423.35 million. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The company's quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 EPS. 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.

Insiders Place Their Bets

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of United Dominion Realty Trust 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 sale, the chief executive officer directly owned 810,455 shares in the company, valued at $31,810,358.75. This trade represents a 8.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.82% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On United Dominion Realty Trust

Large investors have recently made changes to their positions in the stock. New Mexico Educational Retirement Board raised its position in United Dominion Realty Trust by 7.2% in the second 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 during the period. Rakuten Investment Management Inc. purchased a new position in shares of United Dominion Realty Trust during the second quarter worth $1,258,000. Empowered Funds LLC acquired a new stake in shares of United Dominion Realty Trust in the second quarter valued at $253,000. United Capital Financial Advisors LLC acquired a new stake in shares of United Dominion Realty Trust in the second quarter valued at $366,000. Finally, Pacific Heights Asset Management LLC acquired a new stake in shares of United Dominion Realty Trust in the second quarter valued at $15,968,000. 97.82% of the stock is currently owned by institutional investors and hedge funds.

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.

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