United Dominion Realty Trust (NYSE:UDR – Free Report) had its price objective increased by Cantor Fitzgerald from $39.00 to $41.00 in a report released on Monday morning, Marketbeat Ratings reports. They currently have a neutral rating on the real estate investment trust’s stock.
Other research analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft upgraded shares of United Dominion Realty Trust from a “hold” rating to a “buy” rating and lifted their price objective for the company from $39.00 to $45.00 in a report on Monday, July 20th. Scotiabank increased their target price on shares of United Dominion Realty Trust from $38.00 to $41.00 and gave the stock a “sector perform” rating in a report on Thursday, July 9th. Wells Fargo & Company raised their price target on shares of United Dominion Realty Trust from $43.00 to $44.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. Evercore restated an “outperform” rating on shares of United Dominion Realty Trust in a research note on Monday, June 8th. Finally, Morgan Stanley upped their price objective on United Dominion Realty Trust from $43.00 to $44.50 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $41.88.
Check Out Our Latest Research Report on UDR
United Dominion Realty Trust Price Performance
United Dominion Realty Trust (NYSE:UDR – Get Free Report) last released its earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share 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 the consensus estimate of $423.35 million. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.United Dominion Realty Trust’s revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the company posted $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. As a group, sell-side analysts expect that United Dominion Realty Trust will post 2.53 earnings per share for the current year.
United Dominion Realty Trust declared that its Board of Directors has approved a share buyback program on Monday, May 4th that authorizes the company to buyback 25,000,000 shares. This buyback authorization authorizes the real estate investment trust to purchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.
Insider Buying and Selling at United Dominion Realty Trust
In related news, CEO Thomas W. Toomey sold 80,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $39.25, for a total transaction of $3,140,000.00. Following the sale, the chief executive officer directly owned 810,455 shares in the company, valued at approximately $31,810,358.75. This represents a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.82% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its holdings in 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 valued at $634,000 after purchasing an additional 3,637 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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 during the last quarter. Finally, Empowered Funds LLC raised its holdings in United Dominion Realty Trust by 5.8% during the first quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock worth $277,000 after purchasing an additional 337 shares in the last quarter. Hedge funds and other institutional investors own 97.82% of the company’s stock.
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.
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