Analysts Set UMH Properties, Inc. (NYSE:UMH) PT at $17.17

Shares of UMH Properties, Inc. (NYSE:UMHGet Free Report) have been given an average rating of “Hold” by the five analysts that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $17.1667.

Several brokerages recently weighed in on UMH. Weiss Ratings upgraded shares of UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Wall Street Zen raised shares of UMH Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th.

View Our Latest Research Report on UMH

Institutional Investors Weigh In On UMH Properties

Hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC lifted its position 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 valued at $23,761,000 after buying an additional 1,288,703 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of UMH Properties by 110.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,865,018 shares of the real estate investment trust’s stock valued at $29,672,000 after buying an additional 980,043 shares in the last quarter. Schroder Investment Management Group purchased a new position in shares of UMH Properties during the 4th quarter valued at approximately $11,891,000. Private Management Group Inc. lifted its position in shares of UMH Properties by 37.9% during the 3rd quarter. Private Management Group Inc. now owns 1,680,180 shares of the real estate investment trust’s stock valued at $24,951,000 after buying an additional 461,463 shares in the last quarter. Finally, Citigroup Inc. lifted its position in shares of UMH Properties by 141.8% during the 3rd quarter. Citigroup Inc. now owns 760,243 shares of the real estate investment trust’s stock valued at $11,290,000 after buying an additional 445,834 shares in the last quarter. Institutional investors and hedge funds own 75.40% of the company’s stock.

UMH Properties Stock Performance

Shares of UMH Properties stock opened at $15.28 on Wednesday. UMH Properties has a one year low of $13.93 and a one year high of $17.44. The company has a debt-to-equity ratio of 1.20, a quick ratio of 6.97 and a current ratio of 6.97. The company has a market capitalization of $1.30 billion, a PE ratio of 152.75 and a beta of 0.97. The company has a 50-day simple moving average of $15.32 and a two-hundred day simple moving average of $15.46.

UMH Properties (NYSE:UMHGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. UMH Properties had a net margin of 11.03% and a return on equity of 4.96%. The firm had revenue of $65.84 million for the quarter, compared to the consensus estimate of $59.35 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. Research analysts expect that UMH Properties will post 0.99 EPS for the current fiscal year.

UMH Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.225 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.9%. UMH Properties’s dividend payout ratio (DPR) is presently 900.00%.

UMH Properties Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for UMH Properties (NYSE:UMH)

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