UMH Properties, Inc. (NYSE:UMH) Receives $17.25 Average Price Target from Brokerages

UMH Properties, Inc. (NYSE:UMH) has received a consensus rating of “Moderate Buy” from the five analysts that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $17.25.

Several brokerages have recently issued reports on UMH. Odeon Capital Group set a $17.50 price target on shares of UMH Properties in a research note on Thursday, July 9th. Weiss Ratings upgraded UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Odean Cap Resea raised UMH Properties to a “strong-buy” rating in a report on Thursday, July 9th. Finally, Wall Street Zen raised UMH Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th.

Institutional Investors Weigh In On UMH Properties

Several large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its holdings in UMH Properties by 2.9% during the first quarter. Royal Bank of Canada now owns 191,545 shares of the real estate investment trust’s stock valued at $3,583,000 after purchasing an additional 5,409 shares during the last quarter. Amundi increased its stake in shares of UMH Properties by 15.6% in the first quarter. Amundi now owns 41,420 shares of the real estate investment trust’s stock worth $778,000 after purchasing an additional 5,590 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of UMH Properties by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,976 shares of the real estate investment trust’s stock worth $804,000 after purchasing an additional 1,871 shares in the last quarter. Creative Planning bought a new stake in shares of UMH Properties in the second quarter valued at approximately $244,000. Finally, Prudential Financial Inc. bought a new stake in shares of UMH Properties in the second quarter valued at approximately $181,000. Hedge funds and other institutional investors own 75.40% of the company’s stock.

UMH Properties Price Performance

Shares of NYSE:UMH opened at $15.35 on Friday. The company has a market capitalization of $1.31 billion, a P/E ratio of 153.54 and a beta of 0.96. The company’s 50-day moving average is $15.29 and its 200 day moving average is $15.42. The company has a debt-to-equity ratio of 1.20, a quick ratio of 6.97 and a current ratio of 6.97. UMH Properties has a fifty-two week low of $13.93 and a fifty-two week high of $17.23.

UMH Properties (NYSE:UMH) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. The business had revenue of $65.84 million during the quarter, compared to the consensus estimate of $59.35 million. UMH Properties had a net margin of 11.03% and a return on equity of 4.96%. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, equities research analysts forecast that UMH Properties will post 0.99 earnings per share for the current year.

UMH Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 17th will be given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, August 17th. UMH Properties’s dividend payout ratio is currently 900.00%.

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.