UMH Properties, Inc. (NYSE:UMH – Get Free Report) has received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $18.00.
UMH has been the topic of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of UMH Properties in a research note on Wednesday, January 21st. Colliers Securities raised UMH Properties to a “buy” rating in a research note on Thursday, December 4th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $16.00 price objective on shares of UMH Properties in a report on Monday, January 5th.
Check Out Our Latest Research Report on UMH Properties
UMH Properties Trading Down 0.2%
UMH Properties (NYSE:UMH – Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.25). UMH Properties had a net margin of 10.12% and a return on equity of 4.43%. The business had revenue of $66.97 million during the quarter, compared to the consensus estimate of $68.70 million. UMH Properties has set its FY 2026 guidance at 0.970-1.050 EPS. Research analysts anticipate that UMH Properties will post 0.93 earnings per share for the current year.
UMH Properties Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Tuesday, February 17th were given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 6.2%. The ex-dividend date was Tuesday, February 17th. UMH Properties’s payout ratio is presently 1,285.71%.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. Cloud Capital Management LLC bought a new stake in UMH Properties in the third quarter valued at approximately $29,000. Danske Bank A S acquired a new stake in UMH Properties in the fourth quarter worth $49,000. Quantbot Technologies LP bought a new position in shares of UMH Properties during the second quarter worth $52,000. Creative Financial Designs Inc. ADV grew its holdings in shares of UMH Properties by 96.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,495 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 1,720 shares during the period. Finally, Signaturefd LLC grew its holdings in shares of UMH Properties by 111.8% in the 4th quarter. Signaturefd LLC now owns 3,588 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 1,894 shares during the period. Institutional investors and hedge funds own 75.40% of the company’s stock.
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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