United Dominion Realty Trust (NYSE:UDR) Shares Cross Above 200 Day Moving Average – What’s Next?

Shares of United Dominion Realty Trust, Inc. (NYSE:UDR) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $36.02 and traded as high as $37.76. United Dominion Realty Trust shares last traded at $37.5890, with a volume of 5,126,459 shares trading hands.

Analysts Set New Price Targets

UDR has been the subject of several research analyst reports. Truist Financial reduced their price objective on United Dominion Realty Trust from $42.00 to $41.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Evercore reissued an “outperform” rating on shares of United Dominion Realty Trust in a report on Wednesday, February 11th. Cantor Fitzgerald dropped their target price on shares of United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Citigroup dropped their target price on shares of United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Finally, Scotiabank dropped their target price on shares of United Dominion Realty Trust from $39.00 to $38.00 and set a “sector perform” rating for the company in a research report on Thursday. Five analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, United Dominion Realty Trust has an average rating of “Hold” and an average target price of $40.13.

United Dominion Realty Trust Trading Down 1.1%

The company has a quick ratio of 5.56, a current ratio of 5.56 and a debt-to-equity ratio of 1.75. The firm has a market cap of $12.00 billion, a P/E ratio of 25.12, a P/E/G ratio of 12.60 and a beta of 0.73. The company’s 50 day simple moving average is $35.49 and its 200-day simple moving average is $36.04.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings data 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 firm had revenue of $425.85 million during the quarter, compared to the consensus estimate of $427.08 million. During the same period in the previous year, the business earned $0.61 EPS. The firm’s revenue for the quarter 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. As a group, research analysts predict that United Dominion Realty Trust, Inc. will post 2.53 earnings per share for the current fiscal year.

United Dominion Realty Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.145 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 4.7%. United Dominion Realty Trust’s dividend payout ratio (DPR) is presently 118.37%.

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

Institutional Trading of United Dominion Realty Trust

Several institutional investors and hedge funds have recently made changes to their positions in UDR. Jane Street Group LLC raised its position in shares of 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 worth $634,000 after acquiring an additional 3,637 shares in the last quarter. Empowered Funds LLC raised 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 acquiring an additional 337 shares in the last quarter. Finally, 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 worth $2,741,000 after acquiring an additional 986 shares in the last quarter. 97.82% of the stock is currently owned by institutional investors.

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.