United Dominion Realty Trust (NYSE:UDR) Price Target Raised to $41.00 at Scotiabank

United Dominion Realty Trust (NYSE:UDR) had its price objective increased by research analysts at Scotiabank from $38.00 to $41.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s target price would indicate a potential upside of 3.01% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Cantor Fitzgerald lowered their price target 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. Royal Bank Of Canada lifted their price target 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. Weiss Ratings reiterated a “hold (c)” rating on shares of United Dominion Realty Trust in a research report on Wednesday, June 24th. Barclays lowered their target price on shares of United Dominion Realty Trust from $42.00 to $41.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Finally, Citigroup decreased 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. Four equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $40.87.

United Dominion Realty Trust Stock Down 0.1%

UDR stock traded down $0.03 during midday trading on Thursday, reaching $39.80. The company had a trading volume of 274,435 shares, compared to its average volume of 4,261,275. The company has a 50 day moving average of $38.27 and a two-hundred day moving average of $37.01. 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 has a 1 year low of $32.94 and a 1 year high of $42.00. The company has a market capitalization of $12.93 billion, a P/E ratio of 27.07, a PEG ratio of 13.93 and a beta of 0.71.

United Dominion Realty Trust (NYSE:UDR) last announced 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 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%.United Dominion Realty Trust’s revenue was up .8% on a year-over-year basis. During the same quarter in the prior 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. On average, equities research analysts expect that United Dominion Realty Trust will post 2.53 earnings per share for the current fiscal year.

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

Insiders Place Their Bets

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 810,455 shares of the company’s stock, valued at approximately $31,810,358.75. The trade was a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.82% of the company’s stock.

Institutional Investors Weigh In On United Dominion Realty Trust

Hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in 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 valued at $2,741,000 after purchasing an additional 986 shares in the last quarter. Empowered Funds LLC lifted its position in 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. Finally, Jane Street Group LLC boosted its position in United Dominion Realty Trust by 35.0% during 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. Institutional investors and hedge funds 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.