United Dominion Realty Trust (NYSE:UDR) Posts Earnings Results, Beats Estimates By $0.51 EPS

United Dominion Realty Trust (NYSE:UDR) posted its quarterly earnings results on Monday. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.51, Zacks reports. United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. United Dominion Realty Trust updated its FY 2026 guidance to 2.490-2.570 EPS and its Q3 2026 guidance to 0.640-0.640 EPS.

United Dominion Realty Trust Price Performance

NYSE UDR traded down $0.33 during mid-day trading on Monday, hitting $39.27. The stock had a trading volume of 5,388,920 shares, compared to its average volume of 4,147,478. United Dominion Realty Trust has a 52-week low of $32.94 and a 52-week high of $42.00. The company has a market cap of $12.76 billion, a price-to-earnings ratio of 26.71, a P/E/G ratio of 13.37 and a beta of 0.71. The company has a 50 day simple moving average of $38.96 and a 200 day simple moving average of $37.29. The company has a quick ratio of 5.56, a current ratio of 5.56 and a debt-to-equity ratio of 1.75.

United Dominion Realty Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors 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 dividend yield of 4.4%. United Dominion Realty Trust’s dividend payout ratio is currently 118.37%.

United Dominion Realty Trust announced that its board has authorized 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 an indication that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the business’s stock in a transaction 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 approximately $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 Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.82% of the company’s stock.

Hedge Funds Weigh In On United Dominion Realty Trust

Several hedge funds have recently added to or reduced their stakes in UDR. Empowered Funds LLC raised its position 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 acquiring an additional 337 shares during the last quarter. Jane Street Group LLC increased its stake in shares of 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 worth $634,000 after purchasing an additional 3,637 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of United Dominion Realty Trust by 1.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust’s stock worth $2,741,000 after purchasing an additional 986 shares in the last quarter. 97.82% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Cantor Fitzgerald dropped their target price on United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Jefferies Financial Group raised United Dominion Realty Trust to a “strong-buy” rating in a report on Wednesday, July 22nd. Truist Financial downgraded United Dominion Realty Trust from a “buy” rating to a “hold” rating and set a $41.00 price target on the stock. in a research note on Wednesday, July 8th. Barclays upped their price objective on United Dominion Realty Trust from $41.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Finally, The Goldman Sachs Group cut their price objective on United Dominion Realty Trust from $39.00 to $35.00 and set a “sell” rating for the company 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 assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $41.50.

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.