United Dominion Realty Trust (NYSE:UDR) Stock Price Expected to Rise, Morgan Stanley Analyst Says

United Dominion Realty Trust (NYSE:UDR) had its price target raised by Morgan Stanley from $43.00 to $44.50 in a report issued on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the real estate investment trust’s stock. Morgan Stanley’s target price suggests a potential upside of 13.83% from the stock’s previous close.

A number of other equities analysts have also recently weighed in on the stock. Wall Street Zen raised shares of United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Citigroup lowered their price objective on shares of United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Wells Fargo & Company raised their price objective on United Dominion Realty Trust from $39.00 to $43.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. The Goldman Sachs Group reduced their target price on United Dominion Realty Trust from $39.00 to $35.00 and set a “sell” rating on the stock in a report on Friday, April 17th. Finally, Royal Bank Of Canada boosted their target price on United Dominion Realty Trust from $37.00 to $38.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $40.67.

United Dominion Realty Trust Trading Up 1.8%

UDR traded up $0.70 during midday trading on Thursday, reaching $39.09. 1,339,810 shares of the company were exchanged, compared to its average volume of 4,341,796. The stock has a market capitalization of $12.70 billion, a P/E ratio of 26.58, a PEG ratio of 12.93 and a beta of 0.73. United Dominion Realty Trust has a one year low of $32.94 and a one year high of $41.60. The stock’s 50-day simple moving average is $37.17 and its 200 day simple moving average is $36.66. 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 announced its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The company had revenue of $425.85 million during the quarter, compared to the consensus estimate of $427.08 million. During the same period last year, the company earned $0.61 earnings per share. The business’s 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. As a group, analysts forecast 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 initiated a share buyback plan on Monday, May 4th that permits the company to repurchase 25,000,000 outstanding shares. This repurchase authorization permits the real estate investment trust to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $39.25, for a total transaction of $3,140,000.00. Following the completion of the transaction, the chief executive officer owned 810,455 shares of the company’s stock, valued at $31,810,358.75. This represents a 8.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.82% of the company’s stock.

Institutional Trading of United Dominion Realty Trust

A number of institutional investors have recently made changes to their positions in UDR. Jane Street Group LLC lifted its position in shares of United Dominion Realty Trust by 35.0% in the first 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. Empowered Funds LLC grew its position in United Dominion Realty Trust by 5.8% in the first 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. Finally, 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. Institutional investors 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.