United Dominion Realty Trust (NYSE:UDR) Price Target Raised to $41.00

United Dominion Realty Trust (NYSE:UDR) had its target price lifted by JPMorgan Chase & Co. from $39.00 to $41.00 in a research note released on Tuesday morning,Benzinga reports. They currently have an underweight rating on the real estate investment trust’s stock.

Several other brokerages have also weighed in on UDR. Deutsche Bank Aktiengesellschaft raised shares of United Dominion Realty Trust from a “hold” rating to a “buy” rating and increased their price objective for the company from $39.00 to $45.00 in a research report on Monday, July 20th. Morgan Stanley upped their price objective 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. Citigroup dropped 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 note on Wednesday, May 6th. Barclays boosted their price objective on shares of United Dominion Realty Trust from $41.00 to $46.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Finally, Cantor Fitzgerald increased their target price on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the stock a “neutral” rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, United Dominion Realty Trust has a consensus rating of “Hold” and an average target price of $41.88.

United Dominion Realty Trust Stock Performance

UDR opened at $38.15 on Tuesday. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.01. United Dominion Realty Trust has a 12-month low of $32.94 and a 12-month high of $42.00. The business has a 50 day moving average of $39.12 and a 200-day moving average of $37.41. The stock has a market cap of $12.26 billion, a price-to-earnings ratio of 24.30, a PEG ratio of 9.80 and a beta of 0.70.

United Dominion Realty Trust (NYSE:UDR) last posted its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.08. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The business had revenue of $425.40 million for the quarter, compared to analysts’ expectations of $423.35 million. During the same quarter in the prior year, the business earned $0.64 EPS. The firm’s revenue for the quarter was up .0% on a year-over-year basis. 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. On average, equities research analysts expect that United Dominion Realty Trust will post 2.53 earnings per share for the current year.

United Dominion Realty Trust announced that its Board of Directors has approved a stock repurchase 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 buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In other 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 transaction, the chief executive officer directly owned 810,455 shares of the company’s stock, valued at $31,810,358.75. This represents a 8.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.82% of the stock is owned by insiders.

Institutional Investors Weigh In On United Dominion Realty Trust

Hedge funds have recently modified their holdings of the stock. Global Retirement Partners LLC purchased a new position in shares of United Dominion Realty Trust in the second quarter worth about $187,000. Empowered Funds LLC lifted its stake in shares of United Dominion Realty Trust by 5.8% during the 1st quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock valued at $277,000 after buying an additional 337 shares in the last quarter. State of Wyoming bought a new position in United Dominion Realty Trust in the 2nd quarter worth approximately $472,000. Jane Street Group LLC boosted its holdings in 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, GSA Capital Partners LLP purchased a new position in United Dominion Realty Trust in the 2nd quarter valued at approximately $676,000. 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.