United Dominion Realty Trust (NYSE:UDR) Stock Rating Lowered by BNP Paribas Exane

Key Points

• United Dominion Realty Trust's stock rating was downgraded by BNP Paribas Exane from "outperform" to "neutral," reflecting a shift in analyst outlook.
• Other brokerages, including Barclays and Piper Sandler, have also adjusted their price targets and ratings for the stock, signaling mixed investor sentiment.
• United Dominion Realty Trust reported a quarterly EPS of $0.64, surpassing expectations, with year-over-year revenue growth of 2.4%.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) was downgraded by stock analysts at BNP Paribas Exane from an "outperform" rating to a "neutral" rating in a research report issued to clients and investors on Monday, Marketbeat reports.

Several other brokerages have also recently issued reports on UDR. BNP Paribas cut shares of United Dominion Realty Trust from an "outperform" rating to a "neutral" rating in a research report on Monday. Barclays decreased their price objective on shares of United Dominion Realty Trust from $51.00 to $48.00 and set an "overweight" rating for the company in a research report on Tuesday, August 12th. Evercore ISI increased their price objective on shares of United Dominion Realty Trust from $44.00 to $45.00 and gave the stock an "outperform" rating in a research report on Monday, September 15th. Wall Street Zen upgraded shares of United Dominion Realty Trust from a "sell" rating to a "hold" rating in a research report on Friday. Finally, Piper Sandler reiterated 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. Four investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, United Dominion Realty Trust currently has an average rating of "Hold" and a consensus price target of $44.38.

United Dominion Realty Trust Price Performance

NYSE:UDR traded up $0.02 on Monday, hitting $37.20. The company had a trading volume of 243,137 shares, compared to its average volume of 2,242,549. The stock has a market capitalization of $12.32 billion, a price-to-earnings ratio of 97.96, a PEG ratio of 11.13 and a beta of 0.88. The company has a current ratio of 5.22, a quick ratio of 5.22 and a debt-to-equity ratio of 1.76. The firm has a 50 day moving average of $38.67 and a two-hundred day moving average of $40.55. United Dominion Realty Trust has a 52 week low of $36.61 and a 52 week high of $46.62.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.02. United Dominion Realty Trust had a net margin of 7.81% and a return on equity of 4.11%. The firm had revenue of $423.00 million during the quarter, compared to analysts' expectations of $422.64 million. During the same period in the prior year, the company posted $0.62 EPS. The company's revenue was up 2.4% on a year-over-year basis. 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. On average, research analysts anticipate that United Dominion Realty Trust will post 2.51 earnings per share for the current year.

Institutional Trading of United Dominion Realty Trust

A number of large investors have recently added to or reduced their stakes in UDR. Beaird Harris Wealth Management LLC purchased a new stake in United Dominion Realty Trust during the first quarter worth about $28,000. Spire Wealth Management increased its holdings in United Dominion Realty Trust by 3,079.2% during the first quarter. Spire Wealth Management now owns 763 shares of the real estate investment trust's stock worth $34,000 after buying an additional 739 shares during the last quarter. Sentry Investment Management LLC purchased a new position in shares of United Dominion Realty Trust in the first quarter worth about $47,000. Horizon Financial Services LLC purchased a new stake in shares of United Dominion Realty Trust during the 1st quarter valued at approximately $51,000. Finally, National Pension Service lifted its stake 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 valued at $52,000 after buying an additional 1,098 shares in the last quarter. Hedge funds and other institutional investors own 97.82% of the company's stock.

United Dominion Realty Trust Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.