United Dominion Realty Trust (NYSE:UDR) Posts Earnings Results, Beats Expectations By $0.03 EPS

United Dominion Realty Trust (NYSE:UDR) announced its earnings results on Monday. The real estate investment trust reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.03, Zacks reports. United Dominion Realty Trust had a net margin of 40.75% and a return on equity of 22.39%. The business had revenue of $430.37 million during the quarter, compared to the consensus estimate of $424.58 million. During the same quarter in the prior year, the firm earned $0.56 earnings per share. The business’s quarterly revenue was down .9% compared to the same quarter last year.

United Dominion Realty Trust Price Performance

Shares of UDR opened at $37.20 on Thursday. United Dominion Realty Trust has a twelve month low of $33.10 and a twelve month high of $42.00. The stock’s 50 day moving average is $34.96 and its two-hundred day moving average is $36.80. The firm has a market capitalization of $11.95 billion, a PE ratio of 14.09, a P/E/G ratio of 7.85 and a beta of 0.70. The company has a current ratio of 3.44, a quick ratio of 4.22 and a debt-to-equity ratio of 1.87.

United Dominion Realty Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be given a $0.1450 dividend. The ex-dividend date is Tuesday, December 15th. This represents a $1.74 dividend on an annualized basis and a yield of 4.7%. United Dominion Realty Trust’s dividend payout ratio (DPR) is presently 110.83%.

Wall Street Analysts Forecast Growth

UDR has been the topic of several analyst reports. Barclays lowered their target price on United Dominion Realty Trust from $46.00 to $44.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 14th. Piper Sandler cut their price target on United Dominion Realty Trust from $41.00 to $36.00 and set a “neutral” rating for the company in a research note on Monday, October 12th. Morgan Stanley decreased their price target on United Dominion Realty Trust from $44.50 to $42.00 and set an “equal weight” rating for the company in a report on Wednesday, August 12th. Evercore set a $41.00 price target on United Dominion Realty Trust in a report on Monday, September 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $44.00 price objective on shares of United Dominion Realty Trust in a research report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, United Dominion Realty Trust presently has a consensus rating of “Hold” and an average target price of $40.10.

United Dominion Realty Trust News Roundup

Here are the key news stories impacting United Dominion Realty Trust this week:

• Positive Sentiment: UDR’s third-quarter FFOA topped estimates, supported by positive same-store NOI growth, stronger renewal rates and improved resident retention. The company also raised its 2026 outlook, with full-year EPS guidance of $2.54–$2.56 versus a $2.54 consensus estimate. Zacks article
• Positive Sentiment: Royal Bank of Canada raised its price target to $38 from $37, although it kept a “sector perform” rating. Royal Bank of Canada ratings
• Neutral Sentiment: Fourth-quarter EPS guidance of $0.63–$0.65 brackets the $0.64 analyst consensus, indicating an outlook broadly in line with expectations.
• Negative Sentiment: Goldman Sachs maintained a Sell rating and a $35 price target, citing weakening leasing momentum that it said overshadows the modest FFO beat and higher outlook. TipRanks article

About United Dominion Realty Trust

United Dominion Realty Trust, Inc (NYSE: UDR) is a real estate investment trust that owns, operates, acquires and develops multifamily apartment communities. The company generates revenue primarily by leasing apartments and related residential units to individuals and households.

UDR’s portfolio includes conventional apartment communities as well as residential properties with amenities and services designed to support renter convenience and engagement. Its operations encompass property management, resident services, renovations, development and strategic acquisitions.

Founded in 1972, UDR has grown into a multifamily housing owner and operator serving selected markets across the United States.