UMH Properties (UMH) Getting Somewhat Positive News Coverage, Analysis Shows

Headlines about UMH Properties (NYSE:UMH) have been trending somewhat positive on Tuesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. UMH Properties earned a news impact score of 0.08 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 45.7583487084195 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Several analysts have recently commented on UMH shares. Sidoti raised their price objective on shares of UMH Properties from $18.00 to $21.00 and gave the stock a “buy” rating in a research report on Thursday, May 25th. Janney Montgomery Scott started coverage on shares of UMH Properties in a research report on Friday. They set a “buy” rating for the company. DA Davidson started coverage on shares of UMH Properties in a research report on Friday, September 1st. They set a “buy” rating and a $18.00 price objective for the company. BidaskClub raised shares of UMH Properties from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, ValuEngine downgraded shares of UMH Properties from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $18.88.

Shares of UMH Properties (NYSE:UMH) traded down 1.61% during trading on Tuesday, hitting $15.86. The company had a trading volume of 59,385 shares. The firm’s market capitalization is $537.57 million. The company’s 50 day moving average is $15.91 and its 200 day moving average is $16.00. UMH Properties has a 1-year low of $11.28 and a 1-year high of $17.90.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Tuesday, August 15th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.72 annualized dividend and a yield of 4.47%. UMH Properties’s payout ratio is -799.91%.

In other news, Director James E. Mitchell purchased 3,000 shares of UMH Properties stock in a transaction that occurred on Friday, July 21st. The shares were bought at an average cost of $25.00 per share, with a total value of $75,000.00. Following the completion of the purchase, the director now directly owns 3,000 shares in the company, valued at $75,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders purchased 3,759 shares of company stock worth $87,006. 11.61% of the stock is owned by insiders.

COPYRIGHT VIOLATION WARNING: “UMH Properties (UMH) Getting Somewhat Positive News Coverage, Analysis Shows” was originally published by Ticker Report and is the property of of Ticker Report. If you are viewing this piece on another publication, it was stolen and republished in violation of international copyright and trademark law. The original version of this piece can be viewed at https://www.tickerreport.com/banking-finance/2886874/umh-properties-umh-getting-somewhat-positive-news-coverage-analysis-shows.html.

UMH Properties Company Profile

UMH Properties, Inc (UMH) is a real estate investment trust (REIT). The Company’s primary business is the ownership and operation of manufactured home communities, including leasing manufactured home sites to private manufactured home owners. The Company also leases homes to residents, and through its taxable REIT subsidiary, UMH Sales and Finance, Inc (S&F), conducts manufactured home sales in its communities.

Insider Buying and Selling by Quarter for UMH Properties (NYSE:UMH)

Receive News & Ratings for UMH Properties Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UMH Properties Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.