UMH Properties, Inc. (NYSE:UMH – Get Free Report) Director William Mitchell purchased 1,300 shares of the business’s stock in a transaction on Wednesday, November 4th. The shares were bought at an average price of $15.06 per share, with a total value of $19,578.00. Following the purchase, the director directly owned 38,682 shares in the company, valued at approximately $582,550.92. The trade was a 3.48% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
William Edward Mitchell also recently made the following trade(s):
- On Thursday, October 15th, William Mitchell acquired 68 shares of UMH Properties stock. The shares were bought at an average cost of $14.62 per share, with a total value of $994.16.
- On Friday, September 25th, William Mitchell acquired 1,300 shares of UMH Properties stock. The stock was bought at an average cost of $15.30 per share, with a total value of $19,890.00.
- On Tuesday, September 15th, William Mitchell bought 67 shares of UMH Properties stock. The stock was bought at an average price of $14.88 per share, for a total transaction of $996.96.
- On Monday, August 17th, William Mitchell bought 64 shares of UMH Properties stock. The stock was bought at an average price of $15.62 per share, for a total transaction of $999.68.
UMH Properties Stock Up 4.2%
Shares of NYSE:UMH traded up $0.62 during mid-day trading on Wednesday, hitting $15.37. 497,057 shares of the company traded hands, compared to its average volume of 627,116. The stock has a market cap of $1.31 billion, a P/E ratio of 307.48 and a beta of 0.99. The company has a current ratio of 6.90, a quick ratio of 6.90 and a debt-to-equity ratio of 1.28. UMH Properties, Inc. has a 12-month low of $13.93 and a 12-month high of $16.77. The stock has a 50-day moving average price of $15.55 and a two-hundred day moving average price of $15.47.
UMH Properties (NYSE:UMH – Get Free Report) last announced its quarterly earnings results on Monday, November 2nd. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.06). The company had revenue of $74.14 million for the quarter, compared to the consensus estimate of $62.23 million. UMH Properties had a return on equity of 4.41% and a net margin of 9.04%. On average, equities research analysts forecast that UMH Properties, Inc. will post 0.99 earnings per share for the current year.
UMH Properties Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 16th will be issued a dividend of $0.2250 per share. This represents a $0.90 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Monday, November 16th. UMH Properties’s payout ratio is currently 750.00%.
Trending Headlines about UMH Properties
Here are the key news stories impacting UMH Properties this week:
- Positive Sentiment: Third-quarter total income rose 11% year over year to $74.1 million, exceeding the roughly $62.2 million analyst estimate. Normalized FFO increased 4% to $0.26 per share. UMH Properties Q3 results
- Positive Sentiment: Management highlighted record home sales and 10% net operating income growth on its earnings call, supporting the company’s growth narrative. Q3 earnings call highlights
- Positive Sentiment: UMH provided 2026 normalized FFO guidance of $0.99–$1.03 per share, with the low end matching the $0.99 consensus estimate. The company also pointed to the ROAD to Housing Act as a focus for its 2027 plans. 2026 guidance and 2027 plans
- Neutral Sentiment: Normalized FFO of $0.26 per share matched Zacks’ consensus estimate, though it improved from $0.25 a year earlier. Q3 FFO estimate comparison
- Negative Sentiment: UMH recorded a $2.1 million net loss, or $0.02 per diluted share, versus net income of $4.2 million a year earlier. The reported loss also missed the cited analyst estimate of $0.04 per share in earnings, tempering the strong revenue growth. UMH Properties Q3 results
Hedge Funds Weigh In On UMH Properties
Several institutional investors have recently modified their holdings of the business. Private Management Group Inc. increased its position in shares of UMH Properties by 3.0% during the third quarter. Private Management Group Inc. now owns 2,029,206 shares of the real estate investment trust’s stock valued at $31,250,000 after acquiring an additional 58,510 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in UMH Properties during the third quarter worth $157,000. Inscription Capital LLC lifted its holdings in UMH Properties by 56.6% during the third quarter. Inscription Capital LLC now owns 16,693 shares of the real estate investment trust’s stock worth $257,000 after acquiring an additional 6,032 shares during the period. State of Wyoming lifted its holdings in UMH Properties by 287.2% during the third quarter. State of Wyoming now owns 18,519 shares of the real estate investment trust’s stock worth $285,000 after acquiring an additional 13,736 shares during the period. Finally, D.A. Davidson & CO. boosted its position in UMH Properties by 28.5% in the third quarter. D.A. Davidson & CO. now owns 2,497,888 shares of the real estate investment trust’s stock worth $38,467,000 after purchasing an additional 554,750 shares during the last quarter. 75.40% of the stock is owned by institutional investors.
Analyst Ratings Changes
UMH has been the subject of several analyst reports. Odeon Capital Group set a $17.50 target price on shares of UMH Properties in a report on Thursday, July 9th. Weiss Ratings restated a “hold (c)” rating on shares of UMH Properties in a report on Thursday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, UMH Properties has a consensus rating of “Moderate Buy” and a consensus target price of $17.25.
Check Out Our Latest Research Report on UMH
About UMH Properties
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