UMH Properties (UMH) Receives Media Impact Rating of -0.02
News coverage about UMH Properties (NYSE:UMH) has been trending somewhat negative this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. UMH Properties earned a media sentiment score of -0.02 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 47.7255341626062 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of UMH Properties (NYSE:UMH) remained flat at $$15.20 during mid-day trading on Friday. The company had a trading volume of 68,242 shares, compared to its average volume of 116,051. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.46 and a quick ratio of 4.46. The stock has a market capitalization of $530.89, a price-to-earnings ratio of 21.84, a P/E/G ratio of 2.06 and a beta of 0.60. UMH Properties has a 12 month low of $12.67 and a 12 month high of $17.90.
UMH Properties (NYSE:UMH) last issued its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported ($0.15) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.34). The company had revenue of $28.69 million for the quarter, compared to analyst estimates of $28.79 million. UMH Properties had a return on equity of 0.74% and a net margin of 1.05%. The company’s revenue was up 13.1% on a year-over-year basis. During the same quarter last year, the business earned ($0.02) earnings per share. research analysts expect that UMH Properties will post 0.73 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.72 annualized dividend and a yield of 4.74%. UMH Properties’s dividend payout ratio (DPR) is presently -327.27%.
A number of research firms recently commented on UMH. Zacks Investment Research cut UMH Properties from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. B. Riley reiterated a “buy” rating on shares of UMH Properties in a report on Wednesday, November 1st. Janney Montgomery Scott began coverage on UMH Properties in a report on Friday, September 8th. They set a “buy” rating for the company. DA Davidson began coverage on UMH Properties in a report on Friday, September 1st. They set a “buy” rating and a $18.00 price target for the company. Finally, BidaskClub upgraded shares of UMH Properties from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company. UMH Properties currently has an average rating of “Buy” and a consensus price target of $18.70.
UMH Properties Company Profile
UMH Properties, Inc (UMH) is a real estate investment trust (REIT). The Company’s primary business is the ownership and operation of manufactured home communities, including leasing manufactured home sites to private manufactured home owners. The Company also leases homes to residents, and through its taxable REIT subsidiary, UMH Sales and Finance, Inc (S&F), conducts manufactured home sales in its communities.
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