United Dominion Realty Trust, Inc. (NYSE:UDR) Given Average Recommendation of “Hold” by Brokerages

United Dominion Realty Trust, Inc. (NYSE:UDRGet Free Report) has been assigned a consensus rating of “Hold” from the sixteen analysts that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $40.60.

Several brokerages have commented on UDR. Wells Fargo & Company upped their price objective on United Dominion Realty Trust from $39.00 to $43.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Cantor Fitzgerald cut their price objective on United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Wall Street Zen raised United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Mizuho upped their price objective on United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a research report on Wednesday, June 10th. Finally, Evercore reaffirmed an “outperform” rating on shares of United Dominion Realty Trust in a research report on Monday, June 8th.

Check Out Our Latest Stock Analysis on United Dominion Realty Trust

Insider Buying and Selling

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $39.25, for a total value of $3,140,000.00. Following the transaction, the chief executive officer owned 810,455 shares of the company’s stock, valued at $31,810,358.75. This represents a 8.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.82% of the stock is owned by company insiders.

Hedge Funds Weigh In On United Dominion Realty Trust

Several hedge funds have recently bought and sold shares of the business. Empowered Funds LLC grew its position in shares of United Dominion Realty Trust by 5.8% during the 1st quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock worth $277,000 after buying an additional 337 shares in the last quarter. Jane Street Group LLC grew its position in shares of United Dominion Realty Trust by 35.0% during the 1st quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock worth $634,000 after buying an additional 3,637 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of United Dominion Realty Trust by 1.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust’s stock worth $2,741,000 after buying an additional 986 shares in the last quarter. Institutional investors own 97.82% of the company’s stock.

United Dominion Realty Trust Stock Down 2.5%

NYSE UDR opened at $37.63 on Thursday. The company has a quick ratio of 5.56, a current ratio of 5.56 and a debt-to-equity ratio of 1.75. The company has a fifty day moving average of $36.87 and a two-hundred day moving average of $36.59. The firm has a market capitalization of $12.23 billion, a price-to-earnings ratio of 25.60, a PEG ratio of 13.04 and a beta of 0.73. United Dominion Realty Trust has a 52 week low of $32.94 and a 52 week high of $41.60.

United Dominion Realty Trust (NYSE:UDRGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.57 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.05). The firm had revenue of $425.85 million for the quarter, compared to analysts’ expectations of $427.08 million. United Dominion Realty Trust had a return on equity of 15.10% and a net margin of 28.60%.The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.61 earnings per share. United Dominion Realty Trust has set its FY 2026 guidance at 2.470-2.570 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. On average, analysts predict that United Dominion Realty Trust will post 2.53 earnings per share for the current year.

United Dominion Realty Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.145 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, September 15th. United Dominion Realty Trust’s dividend payout ratio is 118.37%.

United Dominion Realty Trust declared that its Board of Directors has approved a stock buyback plan on Monday, May 4th that allows the company to repurchase 25,000,000 outstanding shares. This repurchase authorization allows the real estate investment trust to buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

United Dominion Realty Trust Company Profile

(Get Free Report)

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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Analyst Recommendations for United Dominion Realty Trust (NYSE:UDR)

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