United Dominion Realty Trust (NYSE:UDR) Upgraded by Jefferies Financial Group to Strong-Buy Rating

Jefferies Financial Group upgraded shares of United Dominion Realty Trust (NYSE:UDR) to a strong-buy rating in a research note published on Wednesday morning,Zacks.com reports.

A number of other equities research analysts have also weighed in on UDR. Citigroup cut their price objective on United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Scotiabank upped their target price on United Dominion Realty Trust from $38.00 to $41.00 and gave the company a “sector perform” rating in a report on Thursday, July 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of United Dominion Realty Trust in a research note on Wednesday, June 24th. Evercore reiterated an “outperform” rating on shares of United Dominion Realty Trust in a report on Monday, June 8th. Finally, The Goldman Sachs Group reduced their price objective on shares of United Dominion Realty Trust from $39.00 to $35.00 and set a “sell” rating on the stock in a research report on Friday, April 17th. 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $41.50.

United Dominion Realty Trust Stock Performance

United Dominion Realty Trust stock opened at $39.54 on Wednesday. The company has a current ratio of 5.56, a quick ratio of 5.56 and a debt-to-equity ratio of 1.75. The firm has a 50-day moving average of $38.86 and a 200-day moving average of $37.25. The firm has a market cap of $12.85 billion, a P/E ratio of 26.90, a P/E/G ratio of 13.38 and a beta of 0.71. 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 quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). The business had revenue of $425.85 million for the quarter, compared to analysts’ expectations of $427.08 million. United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The firm’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.61 EPS. 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. Sell-side analysts expect that United Dominion Realty Trust will post 2.53 EPS for the current year.

United Dominion Realty Trust Announces Dividend

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

United Dominion Realty Trust declared that its Board of Directors has initiated a stock repurchase program on Monday, May 4th that permits the company to repurchase 25,000,000 shares. This repurchase authorization permits the real estate investment trust to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its shares are undervalued.

Insider Activity at United Dominion Realty Trust

In related news, CEO Thomas W. Toomey sold 80,000 shares of United Dominion Realty Trust 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 sale, the chief executive officer directly owned 810,455 shares in the company, valued at $31,810,358.75. The trade was a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.82% of the stock is currently owned by insiders.

Hedge Funds Weigh In On United Dominion Realty Trust

A number of institutional investors have recently added to or reduced their stakes in UDR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in United Dominion Realty Trust by 1.7% during 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 buying an additional 986 shares during the period. Jane Street Group LLC grew its position in shares of United Dominion Realty Trust by 35.0% in the 1st quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock worth $634,000 after buying an additional 3,637 shares during the period. Finally, Empowered Funds LLC grew 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 worth $277,000 after buying an additional 337 shares during the period. 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.