United Dominion Realty Trust (NYSE:UDR) Given New $41.00 Price Target at JPMorgan Chase & Co.

United Dominion Realty Trust (NYSE:UDR) had its price target boosted by research analysts at JPMorgan Chase & Co. from $39.00 to $41.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “underweight” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 6.63% from the company’s current price.

Several other brokerages have also issued reports on UDR. Deutsche Bank Aktiengesellschaft upgraded shares of United Dominion Realty Trust from a “hold” rating to a “buy” rating and lifted their target price for the company from $39.00 to $45.00 in a research report on Monday, July 20th. Evercore restated an “outperform” rating on shares of United Dominion Realty Trust in a research report on Monday, June 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of United Dominion Realty Trust in a research note on Wednesday, June 24th. Royal Bank Of Canada upped their target price on United Dominion Realty Trust from $37.00 to $38.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 6th. Finally, Citigroup reduced their price target on shares of United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $41.88.

United Dominion Realty Trust Stock Down 0.6%

UDR stock traded down $0.24 during trading on Tuesday, reaching $38.45. The stock had a trading volume of 1,656,984 shares, compared to its average volume of 4,174,251. The company has a market capitalization of $12.35 billion, a price-to-earnings ratio of 24.51, a P/E/G ratio of 12.87 and a beta of 0.70. United Dominion Realty Trust has a one year low of $32.94 and a one year high of $42.00. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.01. The company’s 50 day moving average is $39.10 and its two-hundred day moving average is $37.38.

United Dominion Realty Trust (NYSE:UDR) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.08. United Dominion Realty Trust had a net margin of 30.43% and a return on equity of 16.56%. The firm had revenue of $425.40 million during the quarter, compared to the consensus estimate of $423.35 million. During the same quarter last year, the company earned $0.64 earnings per share. The company’s revenue 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. Equities research analysts forecast that United Dominion Realty Trust will post 2.53 EPS for the current year.

United Dominion Realty Trust declared that its board has initiated a stock repurchase program on Monday, May 4th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the real estate investment trust to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at United Dominion Realty Trust

In other news, CEO Thomas W. Toomey sold 80,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $39.25, for a total value of $3,140,000.00. Following the transaction, the chief executive officer owned 810,455 shares in the company, valued at approximately $31,810,358.75. This trade 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 accessible through this hyperlink. Company insiders own 1.82% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of 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 valued at $2,741,000 after purchasing an additional 986 shares in the last quarter. Jane Street Group LLC boosted its holdings 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 valued at $634,000 after buying an additional 3,637 shares in the last quarter. Finally, Empowered Funds LLC grew its position 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 buying an additional 337 shares during the period. 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.