Cantor Fitzgerald Issues Positive Forecast for United Dominion Realty Trust (NYSE:UDR) Stock Price

United Dominion Realty Trust (NYSE:UDR) had its target price boosted by equities researchers at Cantor Fitzgerald from $39.00 to $41.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. Cantor Fitzgerald’s price target suggests a potential upside of 7.46% from the stock’s current price.

Other research analysts also recently issued reports about the company. Barclays lifted their target price on United Dominion Realty Trust from $41.00 to $46.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Mizuho increased their price target on United Dominion Realty Trust from $39.00 to $41.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th. The Goldman Sachs Group reaffirmed a “sell” rating and set a $38.00 price target on shares of United Dominion Realty Trust in a report on Thursday. Morgan Stanley boosted their price objective on shares of United Dominion Realty Trust from $43.00 to $44.50 and gave the company an “equal weight” rating in a research note on Thursday, June 25th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of United Dominion Realty Trust from a “hold” rating to a “buy” rating and upped their price objective for the stock from $39.00 to $45.00 in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, United Dominion Realty Trust currently has a consensus rating of “Hold” and an average price target of $41.81.

United Dominion Realty Trust Price Performance

Shares of NYSE:UDR opened at $38.15 on Monday. United Dominion Realty Trust has a one year low of $32.94 and a one year high of $42.00. The stock has a market capitalization of $12.26 billion, a price-to-earnings ratio of 24.30, a PEG ratio of 12.87 and a beta of 0.70. The company has a 50-day simple moving average of $39.08 and a 200-day simple moving average of $37.36. The company has a debt-to-equity ratio of 2.01, a quick ratio of 4.22 and a current ratio of 4.22.

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

United Dominion Realty Trust announced that its board has authorized a share buyback plan on Monday, May 4th that allows the company to repurchase 25,000,000 outstanding shares. This repurchase authorization allows the real estate investment trust to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In related news, CEO Thomas W. Toomey sold 80,000 shares of the company’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 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 sale was disclosed in a legal filing with the SEC, which is available at this link. 1.82% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On United Dominion Realty Trust

A number of large investors have recently made changes to their positions in UDR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings 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 worth $2,741,000 after buying an additional 986 shares in the last quarter. Empowered Funds LLC grew its holdings 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 acquiring an additional 337 shares during the period. Finally, Jane Street Group LLC increased its stake 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 valued at $634,000 after purchasing an additional 3,637 shares in the last quarter. Hedge funds and other 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.