United Dominion Realty Trust, Inc. (NYSE:UDR) Receives $44.38 Consensus Target Price from Brokerages

Key Points

• United Dominion Realty Trust, Inc. (NYSE:UDR) has received a consensus recommendation of "Hold" from twelve analysts, with eight suggesting a hold and four recommending a buy.
• The average one-year target price for shares of UDR is $44.37, with several brokerages adjusting their price targets recently, ranging from $42.00 to $48.00.
• UDR reported a quarterly earnings per share (EPS) of $0.64, exceeding analyst expectations, and has provided guidance for FY 2025 EPS between 2.490-2.550.

United Dominion Realty Trust, Inc. (NYSE:UDR - Get Free Report) has received a consensus rating of "Hold" from the twelve brokerages that are covering the company, Marketbeat.com reports. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $44.3750.

UDR has been the subject of a number of research reports. Barclays lowered their target price on United Dominion Realty Trust from $51.00 to $48.00 and set an "overweight" rating for the company in a research note on Tuesday, August 12th. UBS Group decreased their price target on United Dominion Realty Trust from $50.00 to $45.00 and set a "buy" rating on the stock in a report on Tuesday, July 15th. Mizuho decreased their price target on United Dominion Realty Trust from $45.00 to $41.00 and set a "neutral" rating on the stock in a report on Friday, May 23rd. Wall Street Zen cut United Dominion Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Finally, Piper Sandler restated a "neutral" rating and set a $43.00 target price (down previously from $48.00) on shares of United Dominion Realty Trust in a report on Monday, August 4th.

Institutional Trading of United Dominion Realty Trust

Institutional investors have recently added to or reduced their stakes in the company. Beaird Harris Wealth Management LLC bought a new stake in United Dominion Realty Trust in the 1st quarter valued at $28,000. Spire Wealth Management lifted its position in shares of United Dominion Realty Trust by 3,079.2% during the 1st quarter. Spire Wealth Management now owns 763 shares of the real estate investment trust's stock valued at $34,000 after acquiring an additional 739 shares during the period. Sentry Investment Management LLC acquired a new position in shares of United Dominion Realty Trust during the 1st quarter worth $47,000. Horizon Financial Services LLC acquired a new position in shares of United Dominion Realty Trust during the 1st quarter worth $51,000. Finally, National Pension Service raised its holdings in shares of United Dominion Realty Trust by 2,553.5% during the 1st quarter. National Pension Service now owns 1,141 shares of the real estate investment trust's stock worth $52,000 after buying an additional 1,098 shares in the last quarter. 97.82% of the stock is currently owned by institutional investors.

United Dominion Realty Trust Price Performance

United Dominion Realty Trust stock traded up $0.33 during mid-day trading on Tuesday, hitting $37.62. 4,504,310 shares of the company were exchanged, compared to its average volume of 2,352,332. The company has a quick ratio of 5.22, a current ratio of 5.22 and a debt-to-equity ratio of 1.76. The business has a fifty day moving average of $39.01 and a 200 day moving average of $40.83. United Dominion Realty Trust has a 1-year low of $36.61 and a 1-year high of $46.62. The company has a market capitalization of $12.47 billion, a PE ratio of 99.00, a price-to-earnings-growth ratio of 9.33 and a beta of 0.88.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.02. United Dominion Realty Trust had a return on equity of 4.11% and a net margin of 7.81%.The firm had revenue of $423.00 million during the quarter, compared to analyst estimates of $422.64 million. During the same period in the prior year, the company posted $0.62 earnings per share. The business's revenue for the quarter was up 2.4% compared to the same quarter last year. United Dominion Realty Trust has set its Q3 2025 guidance at 0.620-0.640 EPS. FY 2025 guidance at 2.490-2.550 EPS. As a group, sell-side analysts expect that United Dominion Realty Trust will post 2.51 earnings per share for the current year.

United Dominion Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Thursday, October 9th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Thursday, October 9th. United Dominion Realty Trust's payout ratio is 452.63%.

About United Dominion Realty Trust

UDR, Inc NYSE: UDR, an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S.