Shares of UMH Properties, Inc. (NYSE:UMH – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the five research firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $17.25.
Several research firms have recently weighed in on UMH. Odeon Capital Group set a $17.50 price objective on UMH Properties in a report on Thursday, July 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of UMH Properties in a report on Friday, July 31st. Finally, Wall Street Zen upgraded shares of UMH Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th.
Check Out Our Latest Stock Report on UMH Properties
UMH Properties Price Performance
UMH Properties (NYSE:UMH – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.02. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. 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, equities analysts predict that UMH Properties will post 0.99 EPS for the current fiscal year.
UMH Properties Announces Dividend
The business also recently disclosed 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 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Monday, August 17th. UMH Properties’s dividend payout ratio (DPR) is presently 750.00%.
Hedge Funds Weigh In On UMH Properties
Institutional investors have recently bought and sold shares of the company. Allworth Financial LP purchased a new position in UMH Properties during the 2nd quarter worth $45,000. Danske Bank A S purchased a new stake in UMH Properties in the 4th quarter valued at approximately $49,000. Quantbot Technologies LP acquired a new position in UMH Properties during the 2nd quarter worth approximately $52,000. Summit Securities Group LLC acquired a new position in UMH Properties during the 1st quarter worth approximately $46,000. Finally, Creative Financial Designs Inc. ADV raised its stake in shares of UMH Properties by 96.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,495 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 1,720 shares in the last quarter. 75.40% of the stock is owned by institutional investors and hedge funds.
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.
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