Citigroup Issues Pessimistic Forecast for United Dominion Realty Trust (NYSE:UDR) Stock Price
by Doug Wharley · The Cerbat GemUnited Dominion Realty Trust (NYSE:UDR – Get Free Report) had its price target reduced by analysts at Citigroup from $42.00 to $40.50 in a research report issued on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. Citigroup’s price objective would indicate a potential upside of 9.53% from the company’s previous close.
Several other analysts have also commented on UDR. Piper Sandler increased their target price on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. Scotiabank increased their target price on shares of United Dominion Realty Trust from $37.00 to $39.00 and gave the company a “sector perform” rating in a research note on Wednesday, March 4th. The Goldman Sachs Group cut their target price on shares of United Dominion Realty Trust from $39.00 to $35.00 and set a “sell” rating for the company in a research note on Friday, April 17th. Truist Financial reduced their price target on shares of United Dominion Realty Trust from $42.00 to $41.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of United Dominion Realty Trust in a research report on Friday, March 27th. Five investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, United Dominion Realty Trust presently has an average rating of “Hold” and an average price target of $40.27.
View Our Latest Stock Analysis on UDR
United Dominion Realty Trust Stock Down 0.2%
UDR stock opened at $36.98 on Wednesday. United Dominion Realty Trust has a 12 month low of $32.94 and a 12 month high of $42.98. The firm has a market cap of $12.01 billion, a PE ratio of 25.15, a P/E/G ratio of 12.51 and a beta of 0.73. The firm has a 50 day simple moving average of $35.54 and a 200 day simple moving average of $36.00. The company has a debt-to-equity ratio of 1.75, a current ratio of 5.56 and a quick ratio of 5.56.
United Dominion Realty Trust (NYSE:UDR – Get Free Report) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $427.08 million. During the same period in the prior year, the company earned $0.61 earnings per share. The firm’s revenue for the quarter was up .8% on a year-over-year basis. 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. Equities research analysts forecast that United Dominion Realty Trust will post 2.53 earnings per share for the current fiscal year.
United Dominion Realty Trust announced that its Board of Directors has approved a stock buyback plan on Monday, May 4th that permits the company to repurchase 25,000,000 shares. This repurchase authorization permits the real estate investment trust to reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.
Institutional Investors Weigh In On United Dominion Realty Trust
Several hedge funds have recently made changes to their positions in UDR. Jane Street Group LLC lifted its position 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 acquiring an additional 3,637 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in United Dominion Realty Trust by 1.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust’s stock worth $2,741,000 after buying an additional 986 shares in the last quarter. Finally, Empowered Funds LLC lifted its position in United Dominion Realty Trust by 5.8% in the 1st quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock worth $277,000 after buying an additional 337 shares in the last quarter. Hedge funds and other institutional investors 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.