UMH Properties (NYSE:UMH) Releases Quarterly Earnings Results

UMH Properties (NYSE:UMH) issued its quarterly earnings results on Wednesday. The real estate investment trust reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.21, Zacks reports. UMH Properties had a return on equity of 6.06% and a net margin of 11.81%. UMH Properties updated its FY 2025 guidance to 0.960-1.040 EPS.

UMH Properties Stock Performance

UMH traded down $0.30 during trading on Wednesday, hitting $18.03. The stock had a trading volume of 329,940 shares, compared to its average volume of 298,552. The company has a debt-to-equity ratio of 1.11, a current ratio of 8.48 and a quick ratio of 8.48. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 138.70, a P/E/G ratio of 2.93 and a beta of 1.28. The company has a 50 day moving average price of $18.27 and a 200-day moving average price of $18.93. UMH Properties has a one year low of $14.09 and a one year high of $20.64.

UMH Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Tuesday, February 18th will be issued a dividend of $0.215 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.86 annualized dividend and a yield of 4.77%. UMH Properties’s payout ratio is currently 661.54%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. StockNews.com cut shares of UMH Properties from a “hold” rating to a “sell” rating in a research note on Tuesday. Wedbush reissued a “neutral” rating and issued a $20.00 target price on shares of UMH Properties in a research note on Monday, January 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, UMH Properties presently has a consensus rating of “Hold” and an average price target of $21.25.

About UMH Properties

UMH Properties, Inc, which was organized in 1968, is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,800 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama, South Carolina and Georgia.