UMH Properties (NYSE:UMH) Hits New 52-Week Low – Here’s Why

UMH Properties, Inc. (NYSE:UMH) shares reached a new 52-week low on Friday . The stock traded as low as $13.93 and last traded at $14.04, with a volume of 153372 shares trading hands. The stock had previously closed at $14.41.

Analyst Ratings Changes

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

UMH Properties Price Performance

The company has a market cap of $1.20 billion, a P/E ratio of 201.71, a PEG ratio of 2.45 and a beta of 1.07. The firm’s 50-day moving average is $15.65 and its two-hundred day moving average is $15.29. The company has a debt-to-equity ratio of 1.17, a current ratio of 8.93 and a quick ratio of 8.93.

UMH Properties (NYSE:UMH) last issued its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.25). UMH Properties had a return on equity of 4.43% and a net margin of 10.12%.The business had revenue of $66.97 million during the quarter, compared to analysts’ expectations of $68.70 million. UMH Properties has set its FY 2026 guidance at 0.970-1.050 EPS. Analysts anticipate that UMH Properties, Inc. will post 0.93 earnings per share for the current year.

UMH Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Tuesday, February 17th were given a $0.225 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $0.90 annualized dividend and a yield of 6.4%. UMH Properties’s dividend payout ratio (DPR) is currently 1,285.71%.

Institutional Investors Weigh In On UMH Properties

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Arizona State Retirement System boosted its position in shares of UMH Properties by 3.3% in the 3rd quarter. Arizona State Retirement System now owns 23,634 shares of the real estate investment trust’s stock worth $351,000 after purchasing an additional 746 shares in the last quarter. Osaic Holdings Inc. increased its position in UMH Properties by 6.8% during the 2nd quarter. Osaic Holdings Inc. now owns 13,062 shares of the real estate investment trust’s stock valued at $219,000 after buying an additional 827 shares in the last quarter. M&G PLC raised its stake in UMH Properties by 8.2% in the third quarter. M&G PLC now owns 12,000 shares of the real estate investment trust’s stock valued at $180,000 after buying an additional 909 shares during the last quarter. McIlrath & Eck LLC boosted its holdings in UMH Properties by 0.4% in the third quarter. McIlrath & Eck LLC now owns 256,937 shares of the real estate investment trust’s stock worth $3,816,000 after acquiring an additional 975 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its holdings in UMH Properties by 2.3% in the fourth quarter. State of Alaska Department of Revenue now owns 43,865 shares of the real estate investment trust’s stock worth $697,000 after acquiring an additional 995 shares in the last quarter. 75.40% of the stock is currently owned by hedge funds and other institutional investors.

UMH Properties Company Profile

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.