Zacks Research Has Bullish Forecast for UDR Q2 Earnings

Posted by George Bondi on Jul 29th, 2026

United Dominion Realty Trust, Inc. (NYSE:UDR – Free Report) – Equities research analysts at Zacks Research raised their Q2 2028 earnings per share (EPS) estimates for United Dominion Realty Trust in a research note issued to investors on Monday, July 27th. Zacks Research analyst Team now expects that the real estate investment trust will post earnings of $0.70 per share for the quarter, up from their previous forecast of $0.69. The consensus estimate for United Dominion Realty Trust’s current full-year earnings is $2.54 per share. Zacks Research also issued estimates for United Dominion Realty Trust’s FY2028 earnings at $2.76 EPS.

A number of other research analysts have also weighed in on UDR. Deutsche Bank Aktiengesellschaft raised shares of United Dominion Realty Trust from a “hold” rating to a “buy” rating and raised their price target for the company from $39.00 to $45.00 in a research report on Monday, July 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of United Dominion Realty Trust in a research note on Wednesday, June 24th. Cantor Fitzgerald cut their target price on United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Jefferies Financial Group raised United Dominion Realty Trust to a “strong-buy” rating in a report on Wednesday, July 22nd. Finally, Evercore reaffirmed an “outperform” rating on shares of United Dominion Realty Trust in a research report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, United Dominion Realty Trust presently has a consensus rating of “Hold” and an average price target of $41.50.

Check Out Our Latest Stock Report on United Dominion Realty Trust

United Dominion Realty Trust Price Performance

UDR opened at $38.94 on Wednesday. United Dominion Realty Trust has a 1 year low of $32.94 and a 1 year high of $42.00. The company has a debt-to-equity ratio of 1.75, a current ratio of 5.56 and a quick ratio of 5.56. The company has a market capitalization of $12.65 billion, a price-to-earnings ratio of 24.80, a P/E/G ratio of 13.23 and a beta of 0.71. The firm’s fifty day moving average price is $39.03 and its two-hundred day moving average price is $37.32.

United Dominion Realty Trust (NYSE:UDR – Get Free Report) last released its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.08. United Dominion Realty Trust had a return on equity of 16.12% and a net margin of 30.43%.The business had revenue of $425.40 million during the quarter, compared to analyst estimates of $423.35 million. During the same period in the prior year, the firm posted $0.64 EPS. United Dominion Realty Trust’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.

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

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 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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.82% of the company’s stock.

Institutional Investors Weigh In On United Dominion Realty Trust

Several large investors have recently modified their holdings of UDR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in United Dominion Realty Trust by 1.7% during 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 purchasing an additional 986 shares during the period. Empowered Funds LLC increased its position in United Dominion Realty Trust by 5.8% in the first 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 during the last quarter. Finally, Jane Street Group LLC raised its stake in shares of United Dominion Realty Trust by 35.0% in the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock valued at $634,000 after buying an additional 3,637 shares during the period. Hedge funds and other institutional investors own 97.82% of the company’s stock.

United Dominion Realty Trust News Roundup

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

Positive Sentiment: UDR reported second-quarter adjusted funds from operations (FFOA) of $0.64 per share, ahead of the $0.63 consensus estimate. Revenue of approximately $425.4 million also exceeded analyst expectations, supported by stronger leasing activity, occupancy and resident retention. UDR Second-Quarter 2026 Results and Guidance
Positive Sentiment: The apartment REIT raised its full-year 2026 FFO guidance range to $2.49-$2.57 per share, with the midpoint of $2.53 matching consensus. The improved outlook reflects leasing strength and favorable same-store operating trends. UDR Q2 FFO and Revenue Results
Positive Sentiment: Zacks Research made a series of upward revisions, including raising its 2026 EPS estimate to $2.56 from $2.51 and its 2027 estimate to $2.63 from $2.59. It also increased several quarterly forecasts and lifted its 2028 estimate to $2.76 from $2.74, signaling improving expectations for the apartment recovery.
Neutral Sentiment: The company’s third-quarter 2026 EPS guidance of $0.64 was exactly in line with consensus, limiting the potential for a near-term positive surprise.
Neutral Sentiment: Analyst commentary characterizes the multifamily housing recovery as gradual rather than rapid, suggesting steady but potentially limited near-term growth. UDR: A Slow and Steady Apartment Recovery
Negative Sentiment: FFO per share was $0.60, slightly below the $0.61 recorded a year earlier, indicating that reported operating cash flow remains broadly flat despite the leasing improvements.

About United Dominion Realty Trust

(Get Free Report)

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.