Scotiabank Issues Positive Forecast for United Dominion Realty Trust (NYSE:UDR) Stock Price

United Dominion Realty Trust (NYSE:UDR) had its price objective lifted by Scotiabank from $38.00 to $41.00 in a research report released on Thursday morning, MarketBeat reports. They currently have a sector perform rating on the real estate investment trust’s stock.

Other equities analysts have also issued reports about the company. Truist Financial lowered United Dominion Realty Trust from a “buy” rating to a “hold” rating and set a $41.00 price objective on the stock. in a research note on Wednesday. The Goldman Sachs Group reduced their price target on shares of United Dominion Realty Trust from $39.00 to $35.00 and set a “sell” rating for the company in a report on Friday, April 17th. Evercore reaffirmed an “outperform” rating on shares of United Dominion Realty Trust in a research note on Monday, June 8th. Morgan Stanley upped their price objective on shares of United Dominion Realty Trust from $43.00 to $44.50 and gave the company an “equal weight” rating in a report on Thursday, June 25th. Finally, Mizuho raised their price objective on United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $40.87.

United Dominion Realty Trust Trading Down 0.3%

Shares of UDR opened at $39.70 on Thursday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 5.56 and a current ratio of 5.56. The firm has a market cap of $12.90 billion, a price-to-earnings ratio of 27.01, a PEG ratio of 13.45 and a beta of 0.71. United Dominion Realty Trust has a 52-week low of $32.94 and a 52-week high of $42.00. The business’s fifty day moving average is $38.34 and its 200-day moving average is $37.04.

United Dominion Realty Trust (NYSE:UDR) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). The company had revenue of $425.85 million during the quarter, compared to analyst estimates of $427.08 million. United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The company’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. Equities analysts anticipate that United Dominion Realty Trust will post 2.53 EPS for the current fiscal year.

United Dominion Realty Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.145 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Tuesday, September 15th. United Dominion Realty Trust’s payout ratio is presently 118.37%.

United Dominion Realty Trust declared that its Board of Directors has authorized a share repurchase program 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 reacquire shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Insider Activity

In other news, CEO Thomas W. Toomey sold 80,000 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was 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 of the company’s stock, valued at $31,810,358.75. This trade represents a 8.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.82% of the stock is currently owned by corporate insiders.

Institutional Trading of United Dominion Realty Trust

A number of large investors have recently added to or reduced their stakes in UDR. Jane Street Group LLC lifted its stake in United Dominion Realty Trust by 35.0% in the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock valued at $634,000 after purchasing an additional 3,637 shares during the last quarter. Empowered Funds LLC lifted its position in shares of United Dominion Realty Trust by 5.8% during the first quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock worth $277,000 after acquiring an additional 337 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of United Dominion Realty Trust by 1.7% in the first 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 acquiring an additional 986 shares during the period. Hedge funds and other institutional investors own 97.82% of the company’s stock.

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.