United Dominion Realty Trust, Inc. (UDR) To Go Ex-Dividend on September 15th

United Dominion Realty Trust, Inc. (NYSE:UDR) declared a monthly dividend on Wednesday, April 29th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.145 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Tuesday, September 15th.

United Dominion Realty Trust has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 15 consecutive years. United Dominion Realty Trust has a dividend payout ratio of 285.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect United Dominion Realty Trust to earn $2.58 per share next year, which means the company should continue to be able to cover its $1.74 annual dividend with an expected future payout ratio of 67.4%.

United Dominion Realty Trust Stock Up 0.0%

Shares of United Dominion Realty Trust stock opened at $35.16 on Friday. The business has a 50-day moving average of $38.23 and a 200-day moving average of $37.31. The company has a debt-to-equity ratio of 2.01, a current ratio of 4.22 and a quick ratio of 4.22. The company has a market capitalization of $11.29 billion, a PE ratio of 22.39, a P/E/G ratio of 8.95 and a beta of 0.70. United Dominion Realty Trust has a 1-year low of $32.94 and a 1-year high of $42.00.

United Dominion Realty Trust (NYSE:UDR) last announced its earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.08. The business had revenue of $425.40 million for the quarter, compared to analyst estimates of $423.35 million. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The company’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.64 earnings per share. 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. As a group, equities analysts forecast that United Dominion Realty Trust will post 2.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Wells Fargo & Company reduced their target price on United Dominion Realty Trust from $44.00 to $43.00 and set an “overweight” rating for the company in a research note on Tuesday, September 1st. JPMorgan Chase & Co. upped their price target on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the company an “underweight” rating in a report on Tuesday, August 4th. Evercore reiterated an “outperform” rating on shares of United Dominion Realty Trust in a research note on Monday, June 8th. The Goldman Sachs Group reiterated a “sell” rating and set a $38.00 price objective on shares of United Dominion Realty Trust in a research note on Thursday, July 30th. Finally, Wall Street Zen raised shares of United Dominion Realty Trust from a “sell” rating to a “hold” rating in a report on Sunday, August 9th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $41.30.

About United Dominion Realty Trust

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 residential units to individuals and families.

Founded in 1972, UDR provides rental housing under its apartment community brands and supports residents through property management and related services. Its portfolio includes conventional apartment communities as well as properties offering amenities and technology-enabled services intended to enhance the resident experience.

UDR operates in selected metropolitan markets across the United States, with a focus on areas characterized by employment growth, household formation and sustained demand for rental housing.