UMH Properties, Inc. (NYSE:UMH) Stock Has Consensus Target Price of $17.25

UMH Properties, Inc. (NYSE:UMH) has received an average recommendation of “Moderate Buy” from the five brokerages that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $17.25.

Several equities research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of UMH Properties in a research note on Friday, July 31st. Odeon Capital Group set a $17.50 price target on shares of UMH Properties in a research report on Thursday, July 9th.

UMH Properties Stock Performance

Shares of UMH Properties stock opened at $15.41 on Friday. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 128.46 and a beta of 0.97. 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 business has a 50-day moving average of $15.88 and a 200 day moving average of $15.42. UMH Properties has a 12 month low of $13.93 and a 12 month high of $16.77.

UMH Properties (NYSE:UMH) 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 net margin of 11.55% and a return on equity of 5.40%. The company had revenue of $71.64 million for the quarter, compared to analyst estimates of $60.76 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. As a group, sell-side analysts forecast that UMH Properties will post 0.99 earnings per share for the current year.

UMH Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 17th were paid a $0.2250 dividend. This represents a $0.90 annualized dividend and a dividend yield of 5.8%. The ex-dividend date was Monday, August 17th. UMH Properties’s dividend payout ratio (DPR) is presently 750.00%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Nissay Asset Management Corp Japan increased its position in shares of UMH Properties by 8.0% in the 2nd quarter. Nissay Asset Management Corp Japan now owns 12,784 shares of the real estate investment trust’s stock valued at $194,000 after purchasing an additional 944 shares during the last quarter. ProShare Advisors LLC lifted its position in shares of UMH Properties by 7.9% during the 4th quarter. ProShare Advisors LLC now owns 14,676 shares of the real estate investment trust’s stock worth $233,000 after purchasing an additional 1,072 shares during the last quarter. Wedbush Securities Inc. lifted its position in shares of UMH Properties by 1.2% during the 2nd quarter. Wedbush Securities Inc. now owns 189,997 shares of the real estate investment trust’s stock worth $2,877,000 after purchasing an additional 2,239 shares during the last quarter. Allworth Financial LP lifted its position in shares of UMH Properties by 321.9% during the 2nd quarter. Allworth Financial LP now owns 2,970 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 2,266 shares during the last quarter. Finally, NewEdge Wealth LLC grew its stake in shares of UMH Properties by 18.8% during the first quarter. NewEdge Wealth LLC now owns 15,336 shares of the real estate investment trust’s stock worth $221,000 after purchasing an additional 2,423 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 real estate investment trust that owns and operates manufactured housing communities in the United States. The company provides residents with affordable housing options through land-lease communities, where homeowners typically own their manufactured homes while leasing the underlying land from UMH.

UMH’s activities include acquiring, developing, expanding and managing manufactured housing communities, as well as selling and leasing manufactured homes. Its portfolio includes company-owned homes that are offered for rent, providing an additional source of housing for residents who may prefer not to purchase a home.

Founded in 1968, UMH serves markets primarily in the Midwest and Mid-Atlantic regions, including communities in states such as Ohio, Indiana, Michigan, Pennsylvania, Tennessee, New Jersey, New York, Maryland, Illinois, Alabama and Kentucky.