Odean Cap Resea Upgrades UMH Properties (NYSE:UMH) to Strong-Buy

UMH Properties (NYSE:UMH) was upgraded by equities research analysts at Odean Cap Resea to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

Other equities analysts have also issued reports about the stock. Odeon Capital Group set a $17.50 price objective on shares of UMH Properties in a report on Thursday. Wall Street Zen upgraded UMH Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Finally, Weiss Ratings raised UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $17.25.

UMH Properties Trading Up 0.0%

UMH stock traded up $0.01 during midday trading on Thursday, hitting $15.29. 394,132 shares of the company’s stock were exchanged, compared to its average volume of 615,727. UMH Properties has a 1-year low of $13.93 and a 1-year high of $17.23. The company has a current ratio of 6.97, a quick ratio of 6.97 and a debt-to-equity ratio of 1.20. The stock has a market capitalization of $1.30 billion, a PE ratio of 152.85 and a beta of 0.96. The business has a 50-day simple moving average of $15.30 and a two-hundred day simple moving average of $15.42.

UMH Properties (NYSE:UMH) last announced its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 EPS for the quarter, beating the consensus estimate of $0.01 by $0.02. The business had revenue of $65.84 million for the quarter, compared to analyst estimates of $59.35 million. UMH Properties had a return on equity of 4.96% and a net margin of 11.03%.UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, sell-side analysts predict that UMH Properties will post 0.99 EPS for the current fiscal year.

Hedge Funds Weigh In On UMH Properties

Several institutional investors have recently modified their holdings of the business. SG Americas Securities LLC raised its stake in shares of UMH Properties by 629.3% in the fourth quarter. SG Americas Securities LLC now owns 1,493,476 shares of the real estate investment trust’s stock valued at $23,761,000 after acquiring an additional 1,288,703 shares in the last quarter. TABR Capital Management LLC purchased a new stake in UMH Properties during the 4th quarter worth about $1,772,000. Private Management Group Inc. increased its holdings in UMH Properties by 37.9% during the 3rd quarter. Private Management Group Inc. now owns 1,680,180 shares of the real estate investment trust’s stock worth $24,951,000 after purchasing an additional 461,463 shares during the period. Wedge Capital Management L L P NC acquired a new stake in UMH Properties in the 4th quarter valued at about $2,455,000. Finally, D.A. Davidson & CO. raised its position in UMH Properties by 15.6% in the 4th quarter. D.A. Davidson & CO. now owns 1,700,296 shares of the real estate investment trust’s stock valued at $27,052,000 after purchasing an additional 229,541 shares in the last quarter. Institutional investors and hedge funds own 75.40% of the company’s stock.

About UMH Properties

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.