UMH Properties (NYSE:UMH) Shares Pass Above 200 Day Moving Average – Should You Sell?

Shares of UMH Properties, Inc. (NYSE:UMH) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $15.39 and traded as high as $15.73. UMH Properties shares last traded at $15.5450, with a volume of 628,664 shares.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on UMH. Odeon Capital Group set a $17.50 price target on UMH Properties in a report on Thursday, July 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of UMH Properties in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, UMH Properties presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.25.

UMH Properties Trading Up 1.9%

The company has a debt-to-equity ratio of 1.28, a current ratio of 6.90 and a quick ratio of 6.90. The stock’s 50-day moving average is $15.85 and its two-hundred day moving average is $15.39. The company has a market cap of $1.36 billion, a P/E ratio of 132.27 and a beta of 0.97.

UMH Properties (NYSE:UMH) last announced its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The business had revenue of $71.64 million during the quarter, compared to analyst estimates of $60.76 million. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. As a group, equities research analysts predict that UMH Properties, Inc. will post 1.01 earnings per share for the current fiscal year.

UMH Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 17th were given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date was Monday, August 17th. UMH Properties’s dividend payout ratio is 750.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Engineers Gate Manager LP increased its position in shares of UMH Properties by 90.4% during the 2nd quarter. Engineers Gate Manager LP now owns 52,153 shares of the real estate investment trust’s stock valued at $790,000 after purchasing an additional 24,763 shares during the last quarter. Allworth Financial LP lifted its stake in shares of UMH Properties by 321.9% in the 2nd quarter. Allworth Financial LP now owns 2,970 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 2,266 shares during the period. Corient Private Wealth LP bought a new position in shares of UMH Properties in the 2nd quarter worth approximately $163,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of UMH Properties in the second quarter worth approximately $300,000. Finally, Private Management Group Inc. boosted its holdings in shares of UMH Properties by 1.7% in the second quarter. Private Management Group Inc. now owns 1,970,696 shares of the real estate investment trust’s stock worth $29,836,000 after buying an additional 33,589 shares during the last quarter. 75.40% of the stock is owned by hedge funds and other institutional investors.

UMH Properties Company Profile

UMH Properties, Inc is a real estate investment trust that owns and operates manufactured housing communities in the United States. The company provides residents with affordable housing options through land-lease communities, where homeowners typically own their manufactured homes while leasing the underlying land from UMH.

UMH’s activities include acquiring, developing, expanding and managing manufactured housing communities, as well as selling and leasing manufactured homes. Its portfolio includes company-owned homes that are offered for rent, providing an additional source of housing for residents who may prefer not to purchase a home.

Founded in 1968, UMH serves markets primarily in the Midwest and Mid-Atlantic regions, including communities in states such as Ohio, Indiana, Michigan, Pennsylvania, Tennessee, New Jersey, New York, Maryland, Illinois, Alabama and Kentucky.