UMH Properties (NYSE:UMH – Get Free Report) announced its earnings results on Wednesday. The real estate investment trust reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02, FiscalAI reports. UMH Properties had a return on equity of 5.34% and a net margin of 11.55%.The business had revenue of $71.64 million during the quarter, compared to analysts’ expectations of $60.76 million. UMH Properties updated its FY 2026 guidance to 0.980-1.040 EPS.
UMH Properties Stock Up 0.6%
UMH Properties stock traded up $0.10 during trading on Friday, reaching $15.81. The stock had a trading volume of 311,454 shares, compared to its average volume of 603,085. UMH Properties has a 52-week low of $13.93 and a 52-week high of $16.65. The business has a 50 day moving average price of $15.30 and a 200 day moving average price of $15.35. The company has a quick ratio of 6.97, a current ratio of 6.97 and a debt-to-equity ratio of 1.20. The stock has a market cap of $1.35 billion, a PE ratio of 131.75 and a beta of 0.96.
UMH Properties Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 17th will be issued a $0.225 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.90 annualized dividend and a yield of 5.7%. UMH Properties’s dividend payout ratio (DPR) is 750.00%.
Analyst Ratings Changes
Check Out Our Latest Report on UMH
Institutional Investors Weigh In On UMH Properties
A number of large investors have recently modified their holdings of UMH. Royal Bank of Canada grew its stake in shares of UMH Properties by 2.9% during the first quarter. Royal Bank of Canada now owns 191,545 shares of the real estate investment trust’s stock worth $3,583,000 after purchasing an additional 5,409 shares in the last quarter. Amundi raised its stake in UMH Properties by 15.6% in the first quarter. Amundi now owns 41,420 shares of the real estate investment trust’s stock valued at $778,000 after buying an additional 5,590 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in UMH Properties by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,976 shares of the real estate investment trust’s stock valued at $804,000 after buying an additional 1,871 shares in the last quarter. Creative Planning acquired a new stake in UMH Properties in the second quarter valued at $244,000. Finally, Prudential Financial Inc. purchased a new stake in UMH Properties during the 2nd quarter worth about $181,000. 75.40% of the stock is owned by hedge funds and other institutional investors.
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.
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