BlackRock Inc. Invests $127.14 Million in UMH Properties, Inc. $UMH

Key Points

• BlackRock acquired 8.4 million shares of UMH Properties in the second quarter, investing approximately $127.1 million and gaining a 9.86% stake. Institutional investors collectively own 75.4% of the REIT.
• UMH Properties exceeded quarterly earnings expectations, reporting $0.05 EPS and $71.64 million in revenue versus estimates of $0.03 EPS and $60.76 million revenue. Management guided fiscal 2026 EPS to $0.98–$1.04.
• The company declared a quarterly dividend of $0.225, equivalent to $0.90 annually and a 5.5% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $17.25, compared with a recent price of $16.51.

BlackRock Inc. purchased a new stake in shares of UMH Properties, Inc. (NYSE:UMH - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,397,572 shares of the real estate investment trust's stock, valued at approximately $127,139,000. BlackRock Inc. owned about 9.86% of UMH Properties as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Summit Securities Group LLC acquired a new position in shares of UMH Properties in the 1st quarter valued at $46,000. Danske Bank A S bought a new position in shares of UMH Properties during the 4th quarter worth approximately $49,000. Quantbot Technologies LP acquired a new position in UMH Properties in the 2nd quarter valued at about $52,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of UMH Properties by 96.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,495 shares of the real estate investment trust's stock worth $56,000 after buying an additional 1,720 shares in the last quarter. Finally, Quarry LP acquired a new stake in UMH Properties during the third quarter worth approximately $61,000. Institutional investors and hedge funds own 75.40% of the company's stock.

UMH Properties Price Performance

UMH opened at $16.51 on Friday. The company has a current ratio of 6.90, a quick ratio of 6.90 and a debt-to-equity ratio of 1.28. The stock has a fifty day simple moving average of $15.71 and a two-hundred day simple moving average of $15.41. UMH Properties, Inc. has a 12-month low of $13.93 and a 12-month high of $16.77. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 137.58 and a beta of 0.96.

UMH Properties (NYSE:UMH - Get Free Report) last announced 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. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. The company had revenue of $71.64 million for the quarter, compared to analysts' expectations of $60.76 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. Research analysts predict that UMH Properties, Inc. will post 0.99 earnings per share for the current fiscal year.

UMH Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 17th will be paid a $0.225 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.90 annualized dividend and a dividend yield of 5.5%. UMH Properties's dividend payout ratio (DPR) is 750.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of UMH Properties in a report on Friday, July 31st. Wall Street Zen raised UMH Properties from a "sell" rating to a "hold" rating in a research note on Sunday, May 10th. Finally, Odeon Capital Group set a $17.50 price objective on UMH Properties in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $17.25.

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.

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