UMH Properties, Inc. (NYSE:UMH) Stock Has Consensus Target Price of $17.25 According to Brokerages

Shares of UMH Properties, Inc. (NYSE:UMH) have earned a consensus rating of “Moderate Buy” from the five ratings firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $17.25.

A number of brokerages recently issued reports on UMH. Weiss Ratings reissued a “hold (c)” rating on shares of UMH Properties in a report on Friday, July 31st. Odeon Capital Group set a $17.50 target price on UMH Properties in a research note on Thursday, July 9th.

Institutional Investors Weigh In On UMH Properties

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new position in UMH Properties in the 2nd quarter valued at about $127,139,000. Bank of America Corp DE bought a new stake in shares of UMH Properties during the 2nd quarter worth about $15,655,000. Pacific Heights Asset Management LLC bought a new stake in shares of UMH Properties during the 2nd quarter worth about $10,598,000. William Blair Investment Management LLC acquired a new stake in shares of UMH Properties in the 2nd quarter worth approximately $10,175,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of UMH Properties in the 2nd quarter worth approximately $7,212,000. 75.40% of the stock is currently owned by institutional investors.

UMH Properties Trading Down 0.5%

UMH Properties stock opened at $15.48 on Friday. 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 firm has a 50-day moving average price of $15.88 and a two-hundred day moving average price of $15.43. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 128.98 and a beta of 0.97. UMH Properties has a 52-week low of $13.93 and a 52-week high of $16.77.

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

About UMH Properties

UMH Properties, Inc is a real estate investment trust that owns and operates manufactured housing communities in the United States. The company provides residents with affordable housing options through land-lease communities, where homeowners typically own their manufactured homes while leasing the underlying land from UMH.

UMH’s activities include acquiring, developing, expanding and managing manufactured housing communities, as well as selling and leasing manufactured homes. Its portfolio includes company-owned homes that are offered for rent, providing an additional source of housing for residents who may prefer not to purchase a home.

Founded in 1968, UMH serves markets primarily in the Midwest and Mid-Atlantic regions, including communities in states such as Ohio, Indiana, Michigan, Pennsylvania, Tennessee, New Jersey, New York, Maryland, Illinois, Alabama and Kentucky.