UMH Properties, Inc. (NYSE:UMH) Receives $17.25 Consensus Price Target from Analysts

UMH Properties, Inc. (NYSE:UMH) has been given a consensus recommendation of “Moderate Buy” by the five ratings firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $17.25.

A number of brokerages have recently issued reports on UMH. Wall Street Zen upgraded shares of UMH Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Odeon Capital Group set a $17.50 target price on shares of UMH Properties in a research report on Thursday, July 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of UMH Properties in a report on Friday, July 31st.

Institutional Trading of UMH Properties

Several large investors have recently bought and sold shares of UMH. BlackRock Inc. acquired a new stake in UMH Properties in the 2nd quarter valued at about $127,139,000. Vanguard Group Inc. raised its position in UMH Properties by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 8,128,983 shares of the real estate investment trust’s stock worth $129,332,000 after acquiring an additional 144,368 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of UMH Properties by 5.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,386,288 shares of the real estate investment trust’s stock valued at $69,786,000 after purchasing an additional 237,609 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of UMH Properties by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 2,072,652 shares of the real estate investment trust’s stock valued at $32,982,000 after purchasing an additional 16,978 shares in the last quarter. Finally, Private Management Group Inc. grew its position 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 valued at $29,836,000 after purchasing an additional 33,589 shares during the last quarter. Institutional investors and hedge funds own 75.40% of the company’s stock.

UMH Properties Stock Down 0.8%

UMH opened at $16.07 on Monday. The company has a debt-to-equity ratio of 1.28, a current ratio of 6.90 and a quick ratio of 6.90. UMH Properties has a 12 month low of $13.93 and a 12 month high of $16.77. The stock has a market capitalization of $1.37 billion, a P/E ratio of 133.88 and a beta of 0.97. The business has a 50 day simple moving average of $15.78 and a 200-day simple moving average of $15.41.

UMH Properties (NYSE:UMH) last announced its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. UMH Properties had a return on equity of 5.40% and a net margin of 11.55%.The firm had revenue of $71.64 million for the quarter, compared to analyst estimates of $60.76 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, equities analysts anticipate that UMH Properties will post 0.99 earnings per share for the current fiscal year.

UMH Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 17th will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.90 annualized dividend and a yield of 5.6%. UMH Properties’s payout ratio is currently 750.00%.

About UMH Properties

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.