UMH Properties (NYSE:UMH) Announces Earnings Results

UMH Properties (NYSE:UMHGet Free Report) announced its quarterly earnings results on Wednesday. The real estate investment trust reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.24 by ($0.25), FiscalAI reports. The firm had revenue of $66.97 million during the quarter, compared to the consensus estimate of $68.70 million. UMH Properties had a net margin of 10.47% and a return on equity of 4.47%. UMH Properties updated its FY 2026 guidance to 0.970-1.050 EPS.

UMH Properties Stock Performance

UMH stock traded down $0.46 during midday trading on Thursday, reaching $15.73. 186,015 shares of the company were exchanged, compared to its average volume of 471,893. The business has a 50-day moving average price of $15.99 and a two-hundred day moving average price of $15.40. The company has a debt-to-equity ratio of 0.99, a current ratio of 6.86 and a quick ratio of 6.86. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 196.70, a price-to-earnings-growth ratio of 2.70 and a beta of 1.09. UMH Properties has a one year low of $13.95 and a one year high of $19.14.

UMH Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, February 17th. UMH Properties’s payout ratio is 1,125.00%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on UMH. B. Riley Financial dropped their target price on shares of UMH Properties from $19.00 to $18.50 and set a “buy” rating on the stock in a report on Monday, November 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of UMH Properties in a report on Wednesday, January 21st. Cantor Fitzgerald reiterated a “neutral” rating and set a $16.00 price objective on shares of UMH Properties in a research note on Monday, January 5th. Finally, Colliers Securities upgraded UMH Properties to a “buy” rating in a research report on Thursday, December 4th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $18.00.

Read Our Latest Report on UMH Properties

Institutional Trading of UMH Properties

A number of institutional investors have recently bought and sold shares of the business. Royal Bank of Canada boosted its holdings in shares of UMH Properties by 2.9% in the 1st quarter. Royal Bank of Canada now owns 191,545 shares of the real estate investment trust’s stock valued at $3,583,000 after purchasing an additional 5,409 shares in the last quarter. Amundi boosted its stake in UMH Properties by 15.6% in the first quarter. Amundi now owns 41,420 shares of the real estate investment trust’s stock valued at $778,000 after buying an additional 5,590 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in UMH Properties by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,976 shares of the real estate investment trust’s stock valued at $804,000 after buying an additional 1,871 shares in the last quarter. Creative Planning acquired a new position in UMH Properties during the 2nd quarter worth approximately $244,000. Finally, Prudential Financial Inc. bought a new stake in UMH Properties during the 2nd quarter worth $181,000. Institutional investors own 75.40% of the company’s stock.

UMH Properties Company Profile

(Get Free Report)

UMH Properties, Inc is a self-administered real estate investment trust (REIT) that specializes in the ownership, operation, acquisition and development of manufactured home communities and recreational vehicle (RV) communities. The company’s business model centers on providing affordable housing solutions by offering land lease lots and home sales in well-maintained, amenity-rich settings. UMH Properties focuses on maximizing occupancy and enhancing tenant satisfaction through professional on-site management and ongoing community improvements.

The company generates revenue through rental lot fees, home sales and related community services.

See Also

Earnings History for UMH Properties (NYSE:UMH)

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