United Dominion Realty Trust, Inc. (NYSE:UDR) Stock Rated “Hold” by Wall Street Brokerages

Shares of United Dominion Realty Trust, Inc. (NYSE:UDR) have been assigned a consensus recommendation of “Hold” from the seventeen ratings firms that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, nine have given a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $40.97.

UDR has been the subject of a number of research analyst reports. Truist Financial cut United Dominion Realty Trust from a “buy” rating to a “hold” rating and set a $41.00 target price for the company. in a research note on Wednesday, July 8th. Barclays lifted their price objective on United Dominion Realty Trust from $41.00 to $46.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Wall Street Zen upgraded United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research report on Sunday, August 9th. Morgan Stanley lowered their target price on United Dominion Realty Trust from $44.50 to $42.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 12th. Finally, Scotiabank dropped their target price on shares of United Dominion Realty Trust from $41.00 to $38.00 and set a “sector perform” rating on the stock in a report on Thursday, September 17th.

Hedge Funds Weigh In On United Dominion Realty Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of United Dominion Realty Trust in the second quarter worth $1,247,535,000. Canada Pension Plan Investment Board bought a new position in United Dominion Realty Trust in the second quarter valued at $219,560,000. Bank of New York Mellon Corp acquired a new stake in United Dominion Realty Trust in the 2nd quarter valued at $89,660,000. Legal & General Group Plc acquired a new stake in United Dominion Realty Trust in the 2nd quarter valued at $78,688,000. Finally, Bank of America Corp DE bought a new stake in United Dominion Realty Trust during the 2nd quarter worth about $56,374,000. 97.82% of the stock is owned by institutional investors and hedge funds.

United Dominion Realty Trust Trading Down 1.2%

UDR opened at $33.55 on Friday. The firm’s fifty day moving average is $36.69 and its two-hundred day moving average is $37.02. The firm has a market cap of $10.78 billion, a PE ratio of 21.37, a price-to-earnings-growth ratio of 9.45 and a beta of 0.70. United Dominion Realty Trust has a twelve month low of $32.94 and a twelve month high of $42.00. The company has a debt-to-equity ratio of 2.01, a quick ratio of 4.22 and a current ratio of 4.22.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.08. The company had revenue of $425.40 million during the quarter, compared to analyst estimates of $423.35 million. United Dominion Realty Trust had a net margin of 30.43% and a return on equity of 16.56%. The firm’s revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.64 EPS. United Dominion Realty Trust has set its FY 2026 guidance at 2.490-2.570 EPS and its Q3 2026 guidance at 0.640-0.640 EPS. Equities research analysts anticipate that United Dominion Realty Trust will post 2.53 EPS for the current year.

United Dominion Realty Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be issued a dividend of $0.1450 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Tuesday, December 15th. United Dominion Realty Trust’s dividend payout ratio (DPR) is presently 110.83%.

United Dominion Realty Trust Company Profile

United Dominion Realty Trust, Inc (NYSE: UDR) is a real estate investment trust focused on the ownership, acquisition, development, redevelopment and management of multifamily apartment communities. The company generates revenue primarily by leasing apartment homes to residents and operates as a vertically integrated residential real estate business.

UDR’s portfolio includes apartment communities serving a range of renters, from conventional multifamily residents to customers seeking amenity-rich properties in urban and suburban locations.