Shares of UMH Properties, Inc. (NYSE:UMH – Get Free Report) have been given an average rating of “Hold” by the five ratings firms that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $17.1667.
A number of equities research analysts have issued reports on the stock. Wall Street Zen raised shares of UMH Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Weiss Ratings raised shares of UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th.
Get Our Latest Stock Report on UMH
UMH Properties Trading Up 1.2%
UMH Properties (NYSE:UMH – Get Free Report) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. UMH Properties had a net margin of 11.03% and a return on equity of 4.96%. The business had revenue of $65.84 million for the quarter, compared to analysts’ expectations of $59.35 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. As a group, analysts anticipate that UMH Properties will post 0.99 earnings per share for the current year.
UMH Properties Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 15th will be issued a $0.225 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.90 annualized dividend and a dividend yield of 5.9%. UMH Properties’s dividend payout ratio is presently 900.00%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Arizona State Retirement System boosted its position in shares of UMH Properties by 3.3% during the 3rd quarter. Arizona State Retirement System now owns 23,634 shares of the real estate investment trust’s stock valued at $351,000 after acquiring an additional 746 shares during the last quarter. Osaic Holdings Inc. boosted its position in shares of UMH Properties by 6.8% during the 2nd quarter. Osaic Holdings Inc. now owns 13,062 shares of the real estate investment trust’s stock valued at $219,000 after acquiring an additional 827 shares during the last quarter. M&G PLC boosted its position in shares of UMH Properties by 8.2% during the 3rd quarter. M&G PLC now owns 12,000 shares of the real estate investment trust’s stock valued at $180,000 after acquiring an additional 909 shares during the last quarter. State of Alaska Department of Revenue boosted its position in shares of UMH Properties by 2.3% during the 4th quarter. State of Alaska Department of Revenue now owns 43,865 shares of the real estate investment trust’s stock valued at $697,000 after acquiring an additional 995 shares during the last quarter. Finally, ProShare Advisors LLC boosted its position in shares of UMH Properties by 7.9% during the 4th quarter. ProShare Advisors LLC now owns 14,676 shares of the real estate investment trust’s stock valued at $233,000 after acquiring an additional 1,072 shares during the last quarter. Institutional investors 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.
Read More
- Five stocks we like better than UMH Properties
- Synchrony’s Comeback Is Hiding in Plain Sight
- Uranium Energy Corp Melts Down—Nuclear Opportunity at Hand
- Optical Cable Corporation: Strong Earnings, But Hurdles Remain
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
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.
