United Dominion Realty Trust (NYSE:UDR – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Monday. The company provided earnings per share guidance of 0.640-0.640 for the period, compared to the consensus earnings per share estimate of 0.640. The company issued revenue guidance of -. United Dominion Realty Trust also updated its FY 2026 guidance to 2.490-2.570 EPS.
Analysts Set New Price Targets
A number of analysts have recently weighed in on UDR shares. The Goldman Sachs Group cut their price target on shares of United Dominion Realty Trust from $39.00 to $35.00 and set a “sell” rating for the company in a report on Friday, April 17th. Truist Financial downgraded shares of United Dominion Realty Trust from a “buy” rating to a “hold” rating and set a $41.00 price objective for the company. in a research report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft upgraded United Dominion Realty Trust from a “hold” rating to a “buy” rating and lifted their price target for the company from $39.00 to $45.00 in a research note on Monday, July 20th. Jefferies Financial Group upgraded United Dominion Realty Trust to a “strong-buy” rating in a research report on Wednesday, July 22nd. Finally, Mizuho raised their price objective on United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $41.50.
Read Our Latest Stock Analysis on United Dominion Realty Trust
United Dominion Realty Trust Stock Performance
United Dominion Realty Trust (NYSE:UDR – Get Free Report) 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 the consensus estimate of $0.62 by ($0.05). United Dominion Realty Trust had a return on equity of 15.10% and a net margin of 28.60%.The company had revenue of $425.85 million for the quarter, compared to analyst estimates of $427.08 million. During the same quarter last year, the company posted $0.61 earnings per share. The firm’s quarterly revenue was up .8% on a year-over-year basis. 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 analysts forecast that United Dominion Realty Trust will post 2.53 earnings per share for the current fiscal year.
United Dominion Realty Trust Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.145 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 4.4%. United Dominion Realty Trust’s dividend payout ratio (DPR) is currently 118.37%.
United Dominion Realty Trust announced that its Board of Directors has approved a share buyback plan on Monday, May 4th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the real estate investment trust to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.
Insider Activity
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 value of $3,140,000.00. Following the completion of the transaction, the chief executive officer 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 transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.82% of the stock is owned by corporate insiders.
Key United Dominion Realty Trust News
Here are the key news stories impacting United Dominion Realty Trust this week:
- Positive Sentiment: FFO beat estimates and guidance improved. UDR reported second-quarter adjusted funds from operations (FFOA) of $0.64 per diluted share, ahead of the $0.63 consensus estimate and matching the year-ago result. Management also raised its full-year 2026 guidance range to $2.49-$2.57 per share, compared with the $2.53 analyst consensus. UDR, Inc. Announces Second Quarter 2026 Results and Raises Full-Year 2026 Guidance Ranges
- Positive Sentiment: Analysts raised forward earnings estimates. Zacks Research increased its 2026 EPS forecast to $2.56 from $2.51 and its 2027 forecast to $2.63 from $2.59. Estimates were also raised for several individual quarters, including Q2 2026 to $0.64 from $0.63 and Q4 2027 to $0.68 from $0.67, indicating modestly improved expectations for UDR’s operating performance. UDR Q2 FFO and Revenues Top Estimates
- Neutral Sentiment: Revenue growth remained limited. Quarterly revenue was approximately $425 million, modestly above one analyst estimate but essentially flat to slightly below other estimates. Revenue was also little changed year over year, suggesting that the improved outlook is more incremental than a major acceleration in growth. UDR Reports Q2 Earnings: What Key Metrics Have to Say
- Negative Sentiment: Insider selling may temper sentiment. Quiver Quantitative reported that CEO Thomas W. Toomey sold 80,000 shares, while institutional ownership activity was mixed, with 224 investors adding shares and 232 reducing positions in the latest quarter. These transactions are secondary to the earnings news but may limit enthusiasm.
Hedge Funds Weigh In On United Dominion Realty Trust
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC lifted its holdings in shares of United Dominion Realty Trust by 35.0% during the first 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 during the period. Empowered Funds LLC increased its holdings in United Dominion Realty Trust by 5.8% in the first 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 during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in 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 during the last quarter. 97.82% of the stock is currently owned by institutional investors and hedge funds.
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.
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