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

United Dominion Realty Trust (NYSE:UDR) had its target price dropped by research analysts at Scotiabank from $39.00 to $38.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s target price suggests a potential upside of 1.09% from the company’s previous close.

Other equities analysts also recently issued reports about the company. Cantor Fitzgerald decreased their target price on United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Piper Sandler raised their price target on United Dominion Realty Trust from $39.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Royal Bank Of Canada boosted their price objective on United Dominion Realty Trust from $37.00 to $38.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 6th. Citigroup lowered their price objective on United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of United Dominion Realty Trust in a research report on Friday, March 27th. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $40.13.

United Dominion Realty Trust Stock Up 0.6%

Shares of NYSE:UDR opened at $37.59 on Thursday. The stock has a market capitalization of $12.21 billion, a price-to-earnings ratio of 25.57, a price-to-earnings-growth ratio of 12.61 and a beta of 0.73. United Dominion Realty Trust has a 1-year low of $32.94 and a 1-year high of $42.45. The company’s fifty day moving average is $35.51 and its two-hundred day moving average is $36.02. The company has a debt-to-equity ratio of 1.75, a quick ratio of 5.56 and a current ratio of 5.56.

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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). United Dominion Realty Trust had a return on equity of 15.10% and a net margin of 28.60%.The business had revenue of $425.85 million during the quarter, compared to the consensus estimate of $427.08 million. During the same quarter in the previous year, the business posted $0.61 earnings per share. The company’s quarterly revenue was up .8% compared to the same quarter last year. 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 year.

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

Institutional Investors Weigh In On United Dominion Realty Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. Empowered Funds LLC boosted 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 valued at $277,000 after purchasing an additional 337 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of 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 worth $634,000 after purchasing an additional 3,637 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in 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 valued at $2,741,000 after purchasing an additional 986 shares during the last quarter. 97.82% of the stock is currently owned by institutional investors.

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.