UMH Properties (NYSE:UMH) Reaches New 1-Year High – Here’s Why

UMH Properties, Inc. (NYSE:UMH) reached a new 52-week high on Thursday . The stock traded as high as $16.66 and last traded at $16.5750, with a volume of 13384 shares trading hands. The stock had previously closed at $16.56.

Analyst Ratings Changes

UMH has been the subject of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of UMH Properties in a report on Friday, July 31st. Wall Street Zen raised UMH Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Finally, Odeon Capital Group set a $17.50 price target on UMH Properties in a research report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $17.25.

UMH Properties Stock Down 0.5%

The firm’s 50-day moving average price is $15.56 and its 200 day moving average price is $15.38. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 137.58 and a beta of 0.96. The company has a debt-to-equity ratio of 1.28, a current ratio of 6.90 and a quick ratio of 6.90.

UMH Properties (NYSE:UMH) last issued its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share 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 business had revenue of $71.64 million during the quarter, compared to analysts’ expectations of $60.76 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. Sell-side analysts expect that UMH Properties, Inc. will post 0.99 EPS for the current year.

UMH Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 17th will be given a dividend of $0.225 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.90 annualized dividend and a yield of 5.5%. UMH Properties’s dividend payout ratio (DPR) is presently 750.00%.

Institutional Trading of UMH Properties

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Allworth Financial LP acquired a new stake in shares of UMH Properties during the second quarter valued at $45,000. Danske Bank A S acquired a new position in UMH Properties in the 4th quarter valued at about $49,000. Quantbot Technologies LP acquired a new position in UMH Properties in the 2nd quarter valued at about $52,000. Summit Securities Group LLC purchased a new position in UMH Properties in the 1st quarter valued at about $46,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in 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 purchasing an additional 1,720 shares in the last quarter. 75.40% of the stock is currently owned by hedge funds and other institutional investors.

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.