UMH Properties, Inc. (NYSE:UMH – Get Free Report) has earned an average rating of “Moderate Buy” from the five ratings firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $17.25.
Several equities research analysts have recently weighed in on UMH shares. Weiss Ratings reissued a “hold (c)” rating on shares of UMH Properties in a research note on Friday, July 31st. Wall Street Zen upgraded shares of UMH Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Finally, Odeon Capital Group set a $17.50 price target on shares of UMH Properties in a report on Thursday, July 9th.
Read Our Latest Stock Report on UMH Properties
UMH Properties Stock Performance
UMH Properties (NYSE:UMH – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. UMH Properties had a return on equity of 5.40% and a net margin of 11.55%.The company had revenue of $71.64 million during the quarter, compared to the consensus estimate of $60.76 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, sell-side analysts anticipate that UMH Properties will post 0.99 earnings per share for the current year.
UMH Properties Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 17th will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Monday, August 17th. UMH Properties’s payout ratio is 750.00%.
Institutional Investors Weigh In On UMH Properties
Several hedge funds and other institutional investors have recently modified their holdings of the business. Allworth Financial LP bought a new position in UMH Properties in the 2nd quarter valued at $45,000. Summit Securities Group LLC purchased a new stake in UMH Properties in the first quarter worth $46,000. Danske Bank A S bought a new stake in shares of UMH Properties during the fourth quarter worth $49,000. Quantbot Technologies LP bought a new stake in shares of UMH Properties during the second quarter worth $52,000. Finally, Creative Financial Designs Inc. ADV boosted its stake in shares of UMH Properties by 96.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,495 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 1,720 shares during the period. 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.
See Also
- Five stocks we like better than UMH Properties
- AI Token Costs Are Changing the Hardware vs. Software Debate
- 3 ETFs That Could Move as Rate Expectations Shift
- 3 Stocks With September Catalysts Investors Shouldn’t Ignore
- Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains
Receive News & Ratings for UMH Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UMH Properties and related companies with MarketBeat.com's FREE daily email newsletter.
