United Dominion Realty Trust (NYSE:UDR) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of United Dominion Realty Trust (NYSE:UDR) from a sell rating to a hold rating in a research report released on Saturday.

UDR has been the topic of several other reports. Royal Bank Of Canada boosted their price objective on shares of United Dominion Realty Trust from $37.00 to $38.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Citigroup reduced their price objective on shares of United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Truist Financial dropped their target price on United Dominion Realty Trust from $42.00 to $41.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. Barclays dropped their target price on United Dominion Realty Trust from $42.00 to $41.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. Finally, The Goldman Sachs Group dropped their target price on United Dominion Realty Trust from $39.00 to $35.00 and set a “sell” rating for the company in a research report on Friday, April 17th. Five research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, United Dominion Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $40.13.

United Dominion Realty Trust Stock Down 1.1%

Shares of UDR opened at $36.92 on Friday. The firm has a market cap of $12.00 billion, a P/E ratio of 25.12, a price-to-earnings-growth ratio of 12.45 and a beta of 0.73. United Dominion Realty Trust has a 12-month low of $32.94 and a 12-month high of $42.45. The company’s 50-day moving average price is $35.49 and its 200 day moving average price is $36.04. The company has a current ratio of 5.56, a quick ratio of 5.56 and a debt-to-equity ratio of 1.75.

United Dominion Realty Trust (NYSE:UDR) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.05). The company had revenue of $425.85 million during the quarter, compared to analysts’ expectations of $427.08 million. United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The firm’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter last year, the firm 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. On average, sell-side analysts forecast that United Dominion Realty Trust will post 2.53 earnings per share for the current year.

United Dominion Realty Trust Dividend Announcement

The company also recently announced 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 4.7%. The ex-dividend date of this dividend is Tuesday, September 15th. United Dominion Realty Trust’s payout ratio is currently 118.37%.

United Dominion Realty Trust declared that its board has authorized a stock repurchase plan on Monday, May 4th that permits the company to repurchase 25,000,000 shares. This repurchase authorization permits the real estate investment trust to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On United Dominion Realty Trust

Several institutional investors have recently bought and sold shares of the company. Jane Street Group LLC grew its position in United Dominion Realty Trust by 35.0% in the 1st quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock valued at $634,000 after acquiring an additional 3,637 shares in the last quarter. Empowered Funds LLC grew 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 buying an additional 337 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 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 buying an additional 986 shares in the last quarter. 97.82% of the stock is owned by institutional investors and hedge funds.

United Dominion Realty Trust Company Profile

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.