UMH Properties, Inc. (NYSE:UMH) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of UMH Properties, Inc. (NYSE:UMH) have earned a consensus rating of “Moderate Buy” from the five brokerages that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $17.25.

A number of analysts have issued reports on UMH shares. Odeon Capital Group set a $17.50 target price on UMH Properties in a research note on Thursday, July 9th. Weiss Ratings restated a “hold (c)” rating on shares of UMH Properties in a research report on Friday, July 31st.

UMH Properties Stock Performance

NYSE UMH opened at $15.35 on Friday. UMH Properties has a 1-year low of $13.93 and a 1-year high of $16.77. The company has a debt-to-equity ratio of 1.28, a current ratio of 6.90 and a quick ratio of 6.90. The stock’s 50 day simple moving average is $15.87 and its 200-day simple moving average is $15.44. The company has a market cap of $1.31 billion, a PE ratio of 127.88 and a beta of 0.98.

UMH Properties (NYSE:UMH) last posted its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. The firm had revenue of $71.64 million for the quarter, compared to the consensus estimate of $60.76 million. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. As a group, equities research analysts anticipate that UMH Properties will post 0.99 EPS for the current fiscal year.

UMH Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 16th will be issued a $0.2250 dividend. The ex-dividend date is Monday, November 16th. This represents a $0.90 dividend on an annualized basis and a yield of 5.9%. UMH Properties’s dividend payout ratio (DPR) is 750.00%.

Institutional Investors Weigh In On UMH Properties

Large investors have recently modified their holdings of the company. Allworth Financial LP acquired a new stake in UMH Properties during the second quarter worth approximately $45,000. Summit Securities Group LLC acquired a new stake in shares of UMH Properties in the first quarter valued at about $46,000. State of Wyoming acquired a new position in UMH Properties during the second quarter worth $72,000. Bard Associates Inc. purchased a new stake in shares of UMH Properties in the 2nd quarter worth about $128,000. Finally, AlphaCentric Advisors LLC purchased a new stake in shares of UMH Properties in the first quarter valued at about $144,000. 75.40% of the stock is owned by hedge funds and other institutional investors.

UMH Properties Company Profile

UMH Properties, Inc is a real estate investment trust that owns and operates manufactured housing communities in the United States. The company provides residential sites for manufactured homes and manages communities designed to offer affordable housing options and related amenities to residents.

In addition to operating its communities, UMH owns and rents manufactured homes to residents, allowing it to serve both homeowners who lease sites and customers seeking rental housing. Its portfolio is concentrated in parts of the Northeast, Midwest and Southeast, including states such as New Jersey, New York, Pennsylvania, Ohio, Indiana, Michigan and Tennessee.

UMH Properties was founded in 1968 and has been publicly traded since 1985.