United Dominion Realty Trust (NYSE:UDR) Reaches New 1-Year High – Still a Buy?

United Dominion Realty Trust, Inc. (NYSE:UDR) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $41.48 and last traded at $41.6430, with a volume of 35477 shares traded. The stock had previously closed at $40.96.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on UDR shares. Weiss Ratings reissued a “hold (c)” rating on shares of United Dominion Realty Trust in a research report on Wednesday, June 24th. Citigroup decreased their price target 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. Mizuho increased their price target on United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a report on Wednesday, June 10th. Morgan Stanley increased their price target on United Dominion Realty Trust from $43.00 to $44.50 and gave the company an “equal weight” rating in a report on Thursday, June 25th. Finally, Jefferies Financial Group raised United Dominion Realty Trust to a “hold” rating in a research report on Friday, June 26th. Four analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, United Dominion Realty Trust currently has an average rating of “Hold” and an average target price of $40.67.

United Dominion Realty Trust Price Performance

The company has a debt-to-equity ratio of 1.75, a current ratio of 5.56 and a quick ratio of 5.56. The company’s 50-day simple moving average is $38.27 and its 200-day simple moving average is $37.01. The company has a market cap of $12.95 billion, a price-to-earnings ratio of 27.11, a P/E/G ratio of 13.93 and a beta of 0.71.

United Dominion Realty Trust (NYSE:UDR) last posted its 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). The firm had revenue of $425.85 million for the quarter, compared to analyst estimates of $427.08 million. United Dominion Realty Trust had a return on equity of 15.10% and a net margin of 28.60%.The company’s revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the firm 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 anticipate that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current year.

United Dominion Realty Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.145 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 4.4%. United Dominion Realty Trust’s payout ratio is currently 118.37%.

United Dominion Realty Trust declared that its Board of Directors has approved a share repurchase program 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. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other news, CEO Thomas W. Toomey sold 80,000 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer directly owned 810,455 shares in the company, valued at $31,810,358.75. This trade represents a 8.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.82% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC grew its stake in United Dominion Realty Trust by 35.0% during the 1st 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. raised its position in shares of United Dominion Realty Trust by 1.7% in the 1st 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. Finally, Empowered Funds LLC raised its position in shares of United Dominion Realty Trust by 5.8% in the 1st 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. 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.