Zacks Research Has Pessimistic Outlook of UDR Q2 Earnings

United Dominion Realty Trust, Inc. (NYSE:UDR) – Stock analysts at Zacks Research reduced their Q2 2028 earnings per share (EPS) estimates for United Dominion Realty Trust in a research report issued on Monday, July 6th. Zacks Research analyst Team now forecasts that the real estate investment trust will earn $0.69 per share for the quarter, down from their previous forecast of $0.70. The consensus estimate for United Dominion Realty Trust’s current full-year earnings is $2.53 per share.

United Dominion Realty Trust (NYSE:UDR) last issued 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). United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The business had revenue of $425.85 million during the quarter, compared to analyst estimates of $427.08 million. During the same period in the prior year, the business posted $0.61 EPS. The company’s revenue for the quarter was up .8% compared to the same quarter last year. 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.

A number of other research firms have also recently issued reports on UDR. Morgan Stanley lifted their target price on United Dominion Realty Trust from $43.00 to $44.50 and gave the company an “equal weight” rating in a research report on Thursday, June 25th. Jefferies Financial Group upgraded shares of United Dominion Realty Trust to a “hold” rating in a research note on Friday, June 26th. Truist Financial reiterated a “hold” rating and set a $41.00 price objective on shares of United Dominion Realty Trust in a research report on Wednesday. Wall Street Zen raised shares of United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Evercore restated an “outperform” rating on shares of United Dominion Realty Trust in a research report on Monday, June 8th. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $40.67.

United Dominion Realty Trust Price Performance

Shares of UDR stock opened at $41.24 on Wednesday. The business has a fifty day simple moving average of $38.17 and a 200 day simple moving average of $36.98. The company has a market cap of $13.40 billion, a P/E ratio of 28.05, a P/E/G ratio of 13.84 and a beta of 0.71. 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 twelve month low of $32.94 and a twelve month high of $42.00.

United Dominion Realty Trust declared that its Board of Directors has initiated a share buyback program on Monday, May 4th that permits the company to repurchase 25,000,000 outstanding shares. This repurchase authorization permits the real estate investment trust to reacquire shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

United Dominion Realty Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.145 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Tuesday, September 15th. United Dominion Realty Trust’s dividend payout ratio (DPR) is currently 118.37%.

Insider Transactions at United Dominion Realty Trust

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of United Dominion Realty Trust stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $39.25, for a total transaction of $3,140,000.00. Following the transaction, the chief executive officer directly owned 810,455 shares of the company’s stock, valued at approximately $31,810,358.75. The trade was a 8.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.82% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On United Dominion Realty Trust

Several institutional investors and hedge funds have recently made changes to their positions in UDR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in United Dominion Realty Trust by 1.7% in 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 acquiring an additional 986 shares during the last quarter. Empowered Funds LLC increased 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 valued at $277,000 after purchasing an additional 337 shares during the period. Finally, Jane Street Group LLC raised its holdings 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. Institutional investors and hedge funds 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.