Odean Cap Resea Upgrades UMH Properties (NYSE:UMH) to “Strong-Buy”

UMH Properties (NYSE:UMH) was upgraded by Odean Cap Resea to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Several other brokerages have also issued reports on UMH. Weiss Ratings raised UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Odeon Capital Group set a $17.50 price objective on shares of UMH Properties in a research note on Thursday. Finally, Wall Street Zen upgraded shares of UMH Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.25.

UMH Properties Stock Performance

UMH stock opened at $15.29 on Thursday. The firm has a market cap of $1.30 billion, a PE ratio of 152.85 and a beta of 0.96. The company has a current ratio of 6.97, a quick ratio of 6.97 and a debt-to-equity ratio of 1.20. The stock has a 50-day moving average price of $15.30 and a 200-day moving average price of $15.42. UMH Properties has a 1-year low of $13.93 and a 1-year high of $17.23.

UMH Properties (NYSE:UMH) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 EPS for the quarter, beating the consensus estimate of $0.01 by $0.02. UMH Properties had a return on equity of 4.96% and a net margin of 11.03%.The company had revenue of $65.84 million for the quarter, compared to analyst estimates of $59.35 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. As a group, equities research analysts expect that UMH Properties will post 0.99 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in UMH. Royal Bank of Canada boosted its holdings in UMH Properties by 2.9% in the first quarter. Royal Bank of Canada now owns 191,545 shares of the real estate investment trust’s stock worth $3,583,000 after acquiring an additional 5,409 shares in the last quarter. Amundi increased its holdings in shares of UMH Properties by 15.6% during the first quarter. Amundi now owns 41,420 shares of the real estate investment trust’s stock valued at $778,000 after acquiring an additional 5,590 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of UMH Properties by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,976 shares of the real estate investment trust’s stock valued at $804,000 after acquiring an additional 1,871 shares in the last quarter. Creative Planning acquired a new position in shares of UMH Properties during the second quarter worth approximately $244,000. Finally, Prudential Financial Inc. acquired a new position in shares of UMH Properties during the second quarter worth approximately $181,000. 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.