United Dominion Realty Trust, Inc. (NYSE:UDR) Plans Monthly Dividend of $0.14

United Dominion Realty Trust, Inc. (NYSE:UDR) announced a monthly dividend on Thursday, September 24th. Investors of record on Tuesday, December 15th will be paid a dividend of $0.1450 per share by the real estate investment trust on Thursday, December 31st. This represents a $1.74 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Tuesday, December 15th.

United Dominion Realty Trust has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 15 consecutive years. United Dominion Realty Trust has a payout ratio of 285.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect United Dominion Realty Trust to earn $2.58 per share next year, which means the company should continue to be able to cover its $1.74 annual dividend with an expected future payout ratio of 67.4%.

United Dominion Realty Trust Trading Down 0.3%

NYSE UDR traded down $0.11 during trading on Friday, reaching $33.44. 80,103 shares of the stock traded hands, compared to its average volume of 4,014,124. United Dominion Realty Trust has a fifty-two week low of $32.94 and a fifty-two week high of $42.00. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.01. The firm has a market cap of $10.74 billion, a price-to-earnings ratio of 21.30, a price-to-earnings-growth ratio of 8.69 and a beta of 0.70. The stock’s 50-day moving average price is $37.16 and its 200 day moving average price is $37.10.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.08. United Dominion Realty Trust had a net margin of 30.43% and a return on equity of 16.56%. The company had revenue of $425.40 million for the quarter, compared to analysts’ expectations of $423.35 million. During the same period last year, the firm posted $0.64 earnings per share. The business’s quarterly revenue was up .0% compared to the same quarter last year. United Dominion Realty Trust has set its FY 2026 guidance at 2.490-2.570 EPS and its Q3 2026 guidance at 0.640-0.640 EPS. Analysts predict that United Dominion Realty Trust will post 2.53 EPS for the current year.

Wall Street Analyst Weigh In

UDR has been the subject of a number of research analyst reports. The Goldman Sachs Group reissued a “sell” rating and issued a $38.00 target price on shares of United Dominion Realty Trust in a research note on Thursday, July 30th. Mizuho cut their price objective on United Dominion Realty Trust from $41.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, September 8th. 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. Barclays raised their target price on shares of United Dominion Realty Trust from $41.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. lifted their price target on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the company an “underweight” rating in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $40.97.

United Dominion Realty Trust Company Profile

United Dominion Realty Trust, Inc (NYSE: UDR) is a real estate investment trust focused on the ownership, acquisition, development, redevelopment and management of multifamily apartment communities. The company generates revenue primarily by leasing residential units to individuals and families.

Founded in 1972, UDR provides rental housing under its apartment community brands and supports residents through property management and related services. Its portfolio includes conventional apartment communities as well as properties offering amenities and technology-enabled services intended to enhance the resident experience.

UDR operates in selected metropolitan markets across the United States, with a focus on areas characterized by employment growth, household formation and sustained demand for rental housing.