United Dominion Realty Trust (NYSE:UDR) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS

United Dominion Realty Trust (NYSE:UDR) posted its quarterly earnings data on Monday. The real estate investment trust reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.03, Zacks reports. United Dominion Realty Trust had a net margin of 40.75% and a return on equity of 22.31%. The firm had revenue of $430.37 million during the quarter, compared to analyst estimates of $424.58 million. During the same quarter last year, the business posted $0.56 EPS. The company’s revenue was down .9% on a year-over-year basis.

United Dominion Realty Trust Price Performance

Shares of UDR opened at $35.90 on Wednesday. The company has a debt-to-equity ratio of 2.01, a quick ratio of 4.22 and a current ratio of 4.22. The firm has a market cap of $11.53 billion, a PE ratio of 16.93, a PEG ratio of 7.85 and a beta of 0.70. The firm’s 50 day moving average price is $34.98 and its 200 day moving average price is $36.80. United Dominion Realty Trust has a twelve month low of $33.10 and a twelve month high of $42.00.

United Dominion Realty Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be given a dividend of $0.1450 per share. This represents a $1.74 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Tuesday, December 15th. United Dominion Realty Trust’s dividend payout ratio (DPR) is presently 110.83%.

Key Headlines Impacting United Dominion Realty Trust

Here are the key news stories impacting United Dominion Realty Trust this week:

• Positive Sentiment: UDR reported third-quarter FFO of $0.65 per share, above the $0.64 consensus, and earnings of $0.67 per share versus $0.64 expected. Revenue of $430.4 million also topped expectations of $424.6 million. UDR Q3 results and guidance
• Positive Sentiment: The company raised its full-year 2026 guidance. Its EPS range is $2.54–$2.56, against a $2.54 consensus; its fourth-quarter range of $0.63–$0.65 brackets the $0.64 estimate. Zacks cited positive same-store NOI growth, stronger renewals and improved resident retention as supports for the higher outlook. Zacks outlook coverage
• Neutral Sentiment: Revenue was down 0.9% year over year, while FFO per share was unchanged from the year-ago quarter, suggesting the quarterly beat was modest. Zacks FFO results
• Negative Sentiment: Goldman Sachs maintained a Sell rating and a $35 price target, with the report highlighting weakening leasing momentum as a concern that could outweigh the FFO beat and higher outlook. Goldman Sachs rating coverage

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UDR. The Goldman Sachs Group reissued a “sell” rating and issued a $38.00 price objective on shares of United Dominion Realty Trust in a research note on Thursday, July 30th. Piper Sandler lowered their target price on United Dominion Realty Trust from $41.00 to $36.00 and set a “neutral” rating on the stock in a research note on Monday, October 12th. Morgan Stanley dropped their target price on United Dominion Realty Trust from $44.50 to $42.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 12th. Jefferies Financial Group upgraded shares of United Dominion Realty Trust to a “strong-buy” rating in a report on Wednesday, July 22nd. Finally, Mizuho decreased their price target on shares of United Dominion Realty Trust from $41.00 to $39.00 and set a “neutral” rating for the company in a report on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $40.03.

About United Dominion Realty Trust

United Dominion Realty Trust, Inc (NYSE: UDR) is a real estate investment trust that owns, operates, acquires and develops multifamily apartment communities. The company generates revenue primarily by leasing apartments and related residential units to individuals and households.

UDR’s portfolio includes conventional apartment communities as well as residential properties with amenities and services designed to support renter convenience and engagement. Its operations encompass property management, resident services, renovations, development and strategic acquisitions.

Founded in 1972, UDR has grown into a multifamily housing owner and operator serving selected markets across the United States.