United Dominion Realty Trust (NYSE:UDR) Raised to Strong-Buy at Jefferies Financial Group

United Dominion Realty Trust (NYSE:UDRGet Free Report) was upgraded by equities researchers at Jefferies Financial Group to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Other equities research analysts have also recently issued reports about the company. Mizuho upped their price objective on United Dominion Realty Trust from $39.00 to $41.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 10th. Cantor Fitzgerald cut 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 note on Monday, May 4th. 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. The Goldman Sachs Group decreased 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 research report on Friday, April 17th. Finally, Truist Financial lowered shares of United Dominion Realty Trust from a “buy” rating to a “hold” rating and set a $41.00 price target for the company. in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, United Dominion Realty Trust currently has a consensus rating of “Hold” and an average target price of $41.50.

Read Our Latest Research Report on UDR

United Dominion Realty Trust Stock Performance

Shares of UDR stock opened at $39.53 on Wednesday. The firm has a market cap of $12.85 billion, a price-to-earnings ratio of 26.89, a PEG ratio of 13.36 and a beta of 0.71. The company’s 50 day moving average is $38.91 and its 200 day moving average is $37.27. 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 has a 52-week low of $32.94 and a 52-week high of $42.00.

United Dominion Realty Trust (NYSE:UDRGet Free Report) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). The company had revenue of $425.85 million for the quarter, compared to analysts’ expectations of $427.08 million. United Dominion Realty Trust had a return on equity of 15.10% and a net margin of 28.60%.The firm’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.61 EPS. 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, sell-side analysts anticipate that United Dominion Realty Trust will post 2.53 EPS for the current fiscal year.

United Dominion Realty Trust declared that its Board of Directors has authorized a stock buyback program on Monday, May 4th that allows the company to buyback 25,000,000 outstanding shares. This buyback authorization allows 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 Transactions at United Dominion Realty Trust

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the stock in a transaction dated 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 sale, the chief executive officer directly 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.82% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On United Dominion Realty Trust

Large investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of United Dominion Realty Trust by 1.7% in the 1st 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 during the last quarter. Jane Street Group LLC grew its position in 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 during the last quarter. Finally, Empowered Funds LLC grew its position in United Dominion Realty Trust by 5.8% during the 1st quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock worth $277,000 after purchasing an additional 337 shares during the last quarter. Hedge funds and other institutional investors own 97.82% of the company’s stock.

United Dominion Realty Trust Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for United Dominion Realty Trust (NYSE:UDR)

Receive News & Ratings for United Dominion Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Dominion Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.