UMH Properties (NYSE:UMH) Stock: Insider William Edward Mitchell Purchases 1,300 Shares

Key Points

• UMH Properties director William Edward Mitchell bought 1,300 shares at an average $15.06, a $19,578 transaction that increased his direct holdings by 3.48% to 38,682 shares.
• Third-quarter revenue was $74.14 million, above analyst estimates, but UMH reported a $0.02-per-share loss, missing expectations for $0.04 in earnings.
• UMH announced a quarterly dividend of $0.225 per share, equivalent to a 5.9% annualized yield; analysts’ consensus rating was “Moderate Buy,” with an average price target of $17.25.

UMH Properties, Inc. (NYSE:UMH - Get Free Report) Director William Mitchell acquired 1,300 shares of the stock in a transaction dated Wednesday, November 4th. The stock was purchased at an average cost of $15.06 per share, with a total value of $19,578.00. Following the purchase, the director directly owned 38,682 shares of the company's stock, valued at $582,550.92. This trade represents a 3.48% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

William Edward Mitchell also recently made the following trade(s):

• On Thursday, October 15th, William Mitchell purchased 68 shares of UMH Properties stock. The shares were acquired at an average cost of $14.62 per share, with a total value of $994.16.
• On Friday, September 25th, William Mitchell bought 1,300 shares of UMH Properties stock. The shares were bought at an average cost of $15.30 per share, with a total value of $19,890.00.
• On Tuesday, September 15th, William Mitchell acquired 67 shares of UMH Properties stock. The shares were bought at an average price of $14.88 per share, with a total value of $996.96.
• On Monday, August 17th, William Mitchell purchased 64 shares of UMH Properties stock. The stock was purchased at an average price of $15.62 per share, for a total transaction of $999.68.

UMH Properties Trading Up 4.2%

Shares of NYSE UMH traded up $0.62 during midday trading on Wednesday, reaching $15.37. The stock had a trading volume of 497,057 shares, compared to its average volume of 627,116. The company's 50 day moving average price is $15.55 and its 200 day moving average price is $15.47. The company has a debt-to-equity ratio of 1.28, a quick ratio of 6.90 and a current ratio of 6.90. UMH Properties, Inc. has a twelve month low of $13.93 and a twelve month high of $16.77. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 307.48 and a beta of 0.99.

UMH Properties (NYSE:UMH - Get Free Report) last posted its quarterly earnings data on Monday, November 2nd. The real estate investment trust reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.06). UMH Properties had a return on equity of 4.41% and a net margin of 9.04%. The firm had revenue of $74.14 million for the quarter, compared to analyst estimates of $62.23 million. As a group, sell-side analysts expect that UMH Properties, Inc. will post 0.99 EPS for the current year.

UMH Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 16th will be paid a $0.2250 dividend. 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, November 16th. UMH Properties's payout ratio is currently 750.00%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on UMH. Odeon Capital Group set a $17.50 target price on UMH Properties in a report on Thursday, July 9th. Weiss Ratings reissued a "hold (c)" rating on shares of UMH Properties in a research note on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $17.25.

Institutional Investors Weigh In On UMH Properties

Large investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC increased its stake in UMH Properties by 56.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,039 shares of the real estate investment trust's stock valued at $31,000 after purchasing an additional 733 shares in the last quarter. Nissay Asset Management Corp Japan lifted its stake in shares of UMH Properties by 8.0% in the second quarter. Nissay Asset Management Corp Japan now owns 12,784 shares of the real estate investment trust's stock valued at $194,000 after buying an additional 944 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in shares of UMH Properties by 1.1% in the third quarter. Asset Management One Co. Ltd. now owns 134,984 shares of the real estate investment trust's stock valued at $2,079,000 after buying an additional 1,409 shares in the last quarter. Wedbush Securities Inc. grew its holdings in shares of UMH Properties by 1.2% during the second quarter. Wedbush Securities Inc. now owns 189,997 shares of the real estate investment trust's stock valued at $2,877,000 after buying an additional 2,239 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of UMH Properties by 321.9% during the second quarter. Allworth Financial LP now owns 2,970 shares of the real estate investment trust's stock valued at $45,000 after buying an additional 2,266 shares during the last quarter. 75.40% of the stock is currently owned by institutional investors and hedge funds.

Key UMH Properties News

Here are the key news stories impacting UMH Properties this week:

• Positive Sentiment: Third-quarter total income rose 11% year over year to $74.1 million, exceeding the roughly $62.2 million analyst estimate. Normalized FFO increased 4% to $0.26 per share. UMH Properties Q3 results
• Positive Sentiment: Management highlighted record home sales and 10% net operating income growth on its earnings call, supporting the company’s growth narrative. Q3 earnings call highlights
• Positive Sentiment: UMH provided 2026 normalized FFO guidance of $0.99–$1.03 per share, with the low end matching the $0.99 consensus estimate. The company also pointed to the ROAD to Housing Act as a focus for its 2027 plans. 2026 guidance and 2027 plans
• Neutral Sentiment: Normalized FFO of $0.26 per share matched Zacks’ consensus estimate, though it improved from $0.25 a year earlier. Q3 FFO estimate comparison
• Negative Sentiment: UMH recorded a $2.1 million net loss, or $0.02 per diluted share, versus net income of $4.2 million a year earlier. The reported loss also missed the cited analyst estimate of $0.04 per share in earnings, tempering the strong revenue growth. UMH Properties Q3 results

UMH Properties Company Profile

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