UMH Properties, Inc. (NYSE:UMH) Receives $17.17 Average Target Price from Analysts

Shares of UMH Properties, Inc. (NYSE:UMH) have been given an average recommendation of “Hold” by the five analysts that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $17.1667.

A number of analysts have weighed in on UMH shares. Weiss Ratings raised 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 report on Sunday, May 10th.

UMH Properties Stock Up 0.9%

Shares of NYSE:UMH opened at $15.17 on Wednesday. UMH Properties has a fifty-two week low of $13.93 and a fifty-two week high of $17.44. The firm’s 50 day moving average price is $15.34 and its 200 day moving average price is $15.46. 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 $1.29 billion, a price-to-earnings ratio of 151.71 and a beta of 0.97.

UMH Properties (NYSE:UMH) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, topping 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 company had revenue of $65.84 million during 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. As a group, equities research analysts predict that UMH Properties will post 0.99 earnings per share for the current fiscal year.

UMH Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 15th were issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend was Friday, May 15th. UMH Properties’s payout ratio is presently 900.00%.

Hedge Funds Weigh In On UMH Properties

A number of institutional investors have recently modified their holdings of UMH. SG Americas Securities LLC increased its stake in UMH Properties by 629.3% in 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 during the period. Goldman Sachs Group Inc. increased its stake 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 valued at $29,672,000 after buying an additional 980,043 shares during the period. Schroder Investment Management Group acquired a new position in UMH Properties in the 4th quarter valued at $11,891,000. Private Management Group Inc. increased its stake in UMH Properties by 37.9% in 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 during the period. Finally, Citigroup Inc. increased its stake in UMH Properties by 141.8% in 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 during the period. 75.40% of the stock is owned by institutional investors and hedge funds.

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.