United Dominion Realty Trust (NYSE:UDR) Reaches New 12-Month High – Still a Buy?

United Dominion Realty Trust, Inc. (NYSE:UDR) reached a new 52-week high on Tuesday . The company traded as high as $41.48 and last traded at $41.6430, with a volume of 35477 shares. The stock had previously closed at $40.96.

Analyst Upgrades and Downgrades

A number of research firms recently commented on UDR. Wall Street Zen raised United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Jefferies Financial Group raised shares of United Dominion Realty Trust to a “hold” rating in a research note on Friday, June 26th. The Goldman Sachs Group reduced their target price on shares of United Dominion Realty Trust from $39.00 to $35.00 and set a “sell” rating on the stock in a report on Friday, April 17th. Evercore reaffirmed an “outperform” rating on shares of United Dominion Realty Trust in a research note on Monday, June 8th. Finally, Mizuho lifted their price target on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $40.67.

United Dominion Realty Trust Trading Up 2.5%

The company has a market cap of $13.64 billion, a PE ratio of 28.56, a price-to-earnings-growth ratio of 13.88 and a beta of 0.71. The business has a 50 day simple moving average of $38.04 and a two-hundred day simple moving average of $36.95. The company has a current ratio of 5.56, a quick ratio of 5.56 and a debt-to-equity ratio of 1.75.

United Dominion Realty Trust (NYSE:UDR) last posted 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). The business had revenue of $425.85 million for the quarter, compared to analyst estimates of $427.08 million. United Dominion Realty Trust had a return on equity of 15.10% and a net margin of 28.60%.United Dominion Realty Trust’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter last year, the business 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, analysts forecast that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current fiscal year.

United Dominion Realty Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.145 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, September 15th. United Dominion Realty Trust’s dividend payout ratio (DPR) is presently 118.37%.

United Dominion Realty Trust announced that its Board of Directors has initiated a share repurchase program 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 purchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related 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 sale, the chief executive officer directly owned 810,455 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.82% of the stock is owned by company insiders.

Hedge Funds Weigh In On United Dominion Realty Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC raised its stake in United Dominion Realty Trust by 5.8% during the first 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 period. Jane Street Group LLC boosted its holdings 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 valued at $634,000 after purchasing an additional 3,637 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of United Dominion Realty Trust by 1.7% during 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 buying an additional 986 shares during the period. Institutional investors and hedge funds own 97.82% of the company’s stock.

United Dominion Realty Trust Company Profile

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.