Brokerages Set UMH Properties, Inc. (NYSE:UMH) Target Price at $17.25

Shares of UMH Properties, Inc. (NYSE:UMHGet Free Report) have been given a consensus rating of “Moderate Buy” by the five research firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $17.25.

A number of research firms have recently commented on UMH. Odeon Capital Group set a $17.50 target price on UMH Properties in a research report on Thursday, July 9th. Wall Street Zen upgraded shares of UMH Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of UMH Properties in a research note on Friday, July 31st.

Check Out Our Latest Stock Report on UMH Properties

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Summit Securities Group LLC bought a new stake in UMH Properties during the first quarter worth approximately $46,000. Danske Bank A S bought a new stake in shares of UMH Properties in the 4th quarter valued at approximately $49,000. Quantbot Technologies LP bought a new stake in shares of UMH Properties in the 2nd quarter valued at approximately $52,000. Creative Financial Designs Inc. ADV boosted 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 worth $56,000 after purchasing an additional 1,720 shares during the period. Finally, Signaturefd LLC boosted 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 worth $57,000 after purchasing an additional 1,894 shares during the period. Institutional investors own 75.40% of the company’s stock.

UMH Properties Trading Down 1.4%

Shares of UMH Properties stock opened at $15.68 on Thursday. UMH Properties has a twelve month low of $13.93 and a twelve month high of $16.65. The company has a quick ratio of 6.90, a current ratio of 6.90 and a debt-to-equity ratio of 1.28. The business has a 50-day moving average price of $15.33 and a 200-day moving average price of $15.34. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 130.67 and a beta of 0.96.

UMH Properties (NYSE:UMHGet Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The company had revenue of $71.64 million during the quarter, compared to analyst estimates of $60.76 million. UMH Properties had a return on equity of 5.40% and a net margin of 11.55%.UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. Equities research analysts anticipate that UMH Properties will post 0.99 EPS for the current fiscal year.

UMH Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 17th will be issued a $0.225 dividend. The ex-dividend date is Monday, August 17th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.7%. UMH Properties’s payout ratio is 750.00%.

About UMH Properties

(Get Free Report)

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.

Further Reading

Analyst Recommendations for UMH Properties (NYSE:UMH)

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