UMH Properties, Inc. (NYSE:UMH) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of UMH Properties, Inc. (NYSE:UMH) have been assigned an average rating of “Moderate Buy” from the five brokerages that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $17.25.

Several research analysts have weighed in on UMH shares. Wall Street Zen upgraded shares of UMH Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Weiss Ratings upgraded shares of UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Odean Cap Resea upgraded UMH Properties to a “strong-buy” rating in a report on Thursday, July 9th. Finally, Odeon Capital Group set a $17.50 price objective on UMH Properties in a research report on Thursday, July 9th.

Hedge Funds Weigh In On UMH Properties

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC boosted its stake in shares of UMH Properties by 629.3% during the 4th quarter. SG Americas Securities LLC now owns 1,493,476 shares of the real estate investment trust’s stock worth $23,761,000 after acquiring an additional 1,288,703 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in UMH Properties by 110.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,865,018 shares of the real estate investment trust’s stock worth $29,672,000 after purchasing an additional 980,043 shares during the last quarter. Schroder Investment Management Group bought a new stake in UMH Properties during the fourth quarter worth approximately $11,891,000. Private Management Group Inc. boosted its position in UMH Properties by 37.9% during the third 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. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in UMH Properties during the fourth quarter valued at approximately $6,696,000. Institutional investors own 75.40% of the company’s stock.

UMH Properties Trading Down 1.3%

NYSE:UMH opened at $15.68 on Friday. The company has a debt-to-equity ratio of 1.20, a current ratio of 6.97 and a quick ratio of 6.97. UMH Properties has a fifty-two week low of $13.93 and a fifty-two week high of $17.23. The stock’s 50-day moving average is $15.27 and its two-hundred day moving average is $15.41. The stock has a market cap of $1.34 billion, a PE ratio of 156.81 and a beta of 0.96.

UMH Properties (NYSE:UMH) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. The company had revenue of $65.84 million for the quarter, compared to the consensus estimate 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. As a group, equities research analysts forecast that UMH Properties will post 0.99 earnings per share for the current fiscal year.

UMH Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 17th will be paid a $0.225 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.90 annualized dividend and a dividend yield of 5.7%. UMH Properties’s payout ratio is presently 900.00%.

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.