UMH Properties, Inc. (NYSE:UMH) Stock Has Consensus Target Price of $17.25 According to Analysts

Key Points

• Analyst sentiment is moderately bullish: UMH Properties has a consensus “Moderate Buy” rating, with an average 12-month price target of $17.25 versus a recent share price of $15.32.
• Institutional ownership remains substantial: Institutional investors and hedge funds own 75.4% of the stock, with BlackRock and other major firms recently adding or increasing positions.
• Quarterly results exceeded expectations: UMH reported earnings of $0.05 per share versus the $0.03 estimate and revenue of $71.64 million versus the $60.76 million forecast; it also pays a $0.90 annualized dividend, yielding about 5.9%.

Shares of UMH Properties, Inc. (NYSE:UMH - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the five ratings firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $17.25.

Several research firms have commented on UMH. Weiss Ratings reaffirmed a "hold (c)" rating on shares of UMH Properties in a report on Friday, July 31st. Odeon Capital Group set a $17.50 price objective on UMH Properties in a research note on Thursday, July 9th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of UMH. BlackRock Inc. acquired a new stake in shares of UMH Properties during the 2nd quarter worth approximately $127,139,000. Private Management Group Inc. lifted its stake in shares of UMH Properties by 1.7% in the 2nd 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 period. D.A. Davidson & CO. boosted its holdings in UMH Properties by 4.2% during the first quarter. D.A. Davidson & CO. now owns 1,771,311 shares of the real estate investment trust's stock worth $25,560,000 after buying an additional 71,015 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in UMH Properties by 3.8% during the first quarter. Dimensional Fund Advisors LP now owns 1,175,769 shares of the real estate investment trust's stock worth $16,966,000 after buying an additional 42,964 shares in the last quarter. Finally, Bank of America Corp DE acquired a new stake in UMH Properties during the second quarter valued at $15,655,000. 75.40% of the stock is owned by institutional investors and hedge funds.

UMH Properties Price Performance

Shares of NYSE UMH opened at $15.32 on Friday. UMH Properties has a 52 week low of $13.93 and a 52 week high of $16.77. The business's 50 day moving average price is $15.88 and its 200 day moving average price is $15.41. The company has a quick ratio of 6.90, a current ratio of 6.90 and a debt-to-equity ratio of 1.28. The firm has a market cap of $1.31 billion, a P/E ratio of 127.70 and a beta of 0.97.

UMH Properties (NYSE:UMH - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The company had revenue of $71.64 million during the quarter, compared to analyst estimates of $60.76 million. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, sell-side analysts expect that UMH Properties will post 1.01 earnings per share for the current year.

UMH Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 17th were issued a dividend of $0.2250 per share. This represents a $0.90 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Monday, August 17th. UMH Properties's dividend payout ratio (DPR) is 750.00%.

UMH Properties Company Profile

UMH Properties, Inc is a real estate investment trust that owns and operates manufactured housing communities in the United States. The company provides residents with affordable housing options through land-lease communities, where homeowners typically own their manufactured homes while leasing the underlying land from UMH.

UMH's activities include acquiring, developing, expanding and managing manufactured housing communities, as well as selling and leasing manufactured homes. Its portfolio includes company-owned homes that are offered for rent, providing an additional source of housing for residents who may prefer not to purchase a home.

Founded in 1968, UMH serves markets primarily in the Midwest and Mid-Atlantic regions, including communities in states such as Ohio, Indiana, Michigan, Pennsylvania, Tennessee, New Jersey, New York, Maryland, Illinois, Alabama and Kentucky.

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