United Dominion Realty Trust (NYSE:UDR) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPS

United Dominion Realty Trust (NYSE:UDR) announced its quarterly earnings data on Monday. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.03, Zacks reports. The firm had revenue of $430.37 million for the quarter, compared to analysts’ expectations of $424.58 million. United Dominion Realty Trust had a net margin of 40.75% and a return on equity of 22.31%. The business’s revenue for the quarter was down .9% on a year-over-year basis. During the same period last year, the firm earned $0.56 earnings per share.

United Dominion Realty Trust Stock Performance

Shares of United Dominion Realty Trust stock opened at $35.90 on Wednesday. The stock’s fifty day simple moving average is $34.98 and its 200 day simple moving average is $36.80. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.01. The company has a market capitalization of $11.53 billion, a PE ratio of 14.08, a PEG ratio of 7.85 and a beta of 0.70. United Dominion Realty Trust has a 12 month low of $33.10 and a 12 month high of $42.00.

United Dominion Realty Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be paid a dividend of $0.1450 per share. This represents a $1.74 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Tuesday, December 15th. United Dominion Realty Trust’s dividend payout ratio (DPR) is presently 110.83%.

More United Dominion Realty Trust News

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

• Positive Sentiment: UDR reported third-quarter FFO of $0.65 per share, above the $0.64 consensus, and earnings of $0.67 per share versus $0.64 expected. Revenue of $430.4 million also topped expectations of $424.6 million. UDR Q3 results and guidance
• Positive Sentiment: The company raised its full-year 2026 guidance. Its EPS range is $2.54–$2.56, against a $2.54 consensus; its fourth-quarter range of $0.63–$0.65 brackets the $0.64 estimate. Zacks cited positive same-store NOI growth, stronger renewals and improved resident retention as supports for the higher outlook. Zacks outlook coverage
• Neutral Sentiment: Revenue was down 0.9% year over year, while FFO per share was unchanged from the year-ago quarter, suggesting the quarterly beat was modest. Zacks FFO results
• Negative Sentiment: Goldman Sachs maintained a Sell rating and a $35 price target, with the report highlighting weakening leasing momentum as a concern that could outweigh the FFO beat and higher outlook. Goldman Sachs rating coverage

Analysts Set New Price Targets

Several research firms have weighed in on UDR. Morgan Stanley cut their target price on United Dominion Realty Trust from $44.50 to $42.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 12th. JPMorgan Chase & Co. boosted their target price on United Dominion Realty Trust from $39.00 to $41.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 4th. Mizuho lowered their price target on United Dominion Realty Trust from $41.00 to $39.00 and set a “neutral” rating for the company in a research note on Tuesday, September 8th. Wells Fargo & Company lowered their price target on United Dominion Realty Trust from $43.00 to $39.00 and set an “overweight” rating for the company in a research note on Monday, October 19th. Finally, Barclays cut their price target on shares of United Dominion Realty Trust from $46.00 to $44.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, United Dominion Realty Trust has an average rating of “Hold” and a consensus price target of $40.03.

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.