United Dominion Realty Trust (NYSE:UDR) Reaches New 1-Year Low - Here's Why

Key Points

• United Dominion Realty Trust (NYSE: UDR) shares recently hit a new 52-week low, trading as low as $36.33, while analysts have generally rated the stock as a "Hold" with an average price target of $43.81.
• The company reported $0.64 earnings per share for the most recent quarter, exceeding analysts' estimates, despite setting a lower guidance for the upcoming quarters.
• UDR has announced a quarterly dividend of $0.43 per share, with a substantial dividend payout ratio of 452.63%, highlighting its commitment to returning value to shareholders.

United Dominion Realty Trust, Inc. (NYSE:UDR - Get Free Report) shares hit a new 52-week low on Thursday . The company traded as low as $36.33 and last traded at $36.53, with a volume of 213800 shares changing hands. The stock had previously closed at $36.92.

Analyst Ratings Changes

UDR has been the subject of a number of analyst reports. BNP Paribas Exane downgraded shares of United Dominion Realty Trust from an "outperform" rating to a "neutral" rating in a research note on Monday. Piper Sandler reaffirmed a "neutral" rating and set a $43.00 price objective (down from $48.00) on shares of United Dominion Realty Trust in a research report on Monday, August 4th. Cantor Fitzgerald assumed coverage on United Dominion Realty Trust in a research report on Wednesday. They set a "neutral" rating and a $40.00 target price on the stock. UBS Group lowered their price target on United Dominion Realty Trust from $50.00 to $45.00 and set a "buy" rating for the company in a report on Tuesday, July 15th. Finally, Truist Financial cut their price objective on shares of United Dominion Realty Trust from $46.00 to $43.00 and set a "hold" rating on the stock in a report on Tuesday, August 26th. Four analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat, United Dominion Realty Trust has an average rating of "Hold" and an average price target of $43.81.

United Dominion Realty Trust Stock Down 1.3%

The business has a 50-day simple moving average of $38.43 and a two-hundred day simple moving average of $40.46. The company has a market capitalization of $12.08 billion, a price-to-earnings ratio of 95.94, a PEG ratio of 11.15 and a beta of 0.85. The company has a debt-to-equity ratio of 1.76, a quick ratio of 5.22 and a current ratio of 5.22.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business had revenue of $423.00 million for the quarter, compared to analyst estimates of $422.64 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company'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, equities analysts predict that United Dominion Realty Trust, Inc. will post 2.51 EPS for the current year.

United Dominion Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors 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 yield of 4.7%. The ex-dividend date of this dividend is Thursday, October 9th. United Dominion Realty Trust's dividend payout ratio is currently 452.63%.

Hedge Funds Weigh In On United Dominion Realty Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in UDR. Beaird Harris Wealth Management LLC purchased a new position in shares of United Dominion Realty Trust during the 1st quarter worth approximately $28,000. Spire Wealth Management increased its holdings in shares of United Dominion Realty Trust by 3,079.2% in the 1st quarter. Spire Wealth Management now owns 763 shares of the real estate investment trust's stock valued at $34,000 after purchasing an additional 739 shares in the last quarter. Sentry Investment Management LLC acquired a new stake in shares of United Dominion Realty Trust in the first quarter valued at about $47,000. Horizon Financial Services LLC purchased a new stake in United Dominion Realty Trust during the first quarter worth about $51,000. Finally, National Pension Service grew its position in United Dominion Realty Trust by 2,553.5% during the first 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 during the period. Institutional investors and hedge funds own 97.82% of the company's stock.

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.

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