UMH Properties (NYSE:UMH) Reaches New 12-Month High - Should You Buy?

Key Points

• UMH Properties reached a new 52-week high of $16.77, while shares were recently trading near $16.59. Analysts maintain an overall “Moderate Buy” rating with an average price target of $17.25.
• The REIT exceeded quarterly expectations, reporting EPS of $0.05 versus the $0.03 consensus and revenue of $71.64 million versus estimates of $60.76 million. Management issued fiscal 2026 EPS guidance of $0.98–$1.04.
• UMH declared a quarterly dividend of $0.225, equivalent to $0.90 annually and a 5.4% yield. However, its reported dividend payout ratio is exceptionally high at 750%, which may warrant scrutiny.

Shares of UMH Properties, Inc. (NYSE:UMH - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $16.77 and last traded at $16.5850, with a volume of 800861 shares trading hands. The stock had previously closed at $16.62.

Analyst Upgrades and Downgrades

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

UMH Properties Stock Down 0.2%

The firm has a market cap of $1.42 billion, a PE ratio of 138.21 and a beta of 0.96. The company has a debt-to-equity ratio of 1.28, a quick ratio of 6.90 and a current ratio of 6.90. The firm's 50-day moving average price is $15.62 and its two-hundred day moving average price is $15.39.

UMH Properties (NYSE:UMH - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 EPS for the quarter, topping the consensus estimate of $0.03 by $0.02. UMH Properties had a return on equity of 5.40% and a net margin of 11.55%.The company 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. As a group, equities research analysts expect that UMH Properties, Inc. will post 0.99 EPS for the current fiscal year.

UMH Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 17th will be issued a $0.225 dividend. The ex-dividend date is Monday, August 17th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.4%. UMH Properties's dividend payout ratio is currently 750.00%.

Hedge Funds Weigh In On UMH Properties

A number of institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in UMH Properties in the second quarter valued at approximately $127,139,000. California State Teachers Retirement System grew its stake in shares of UMH Properties by 1,815.6% during the 2nd quarter. California State Teachers Retirement System now owns 1,491,759 shares of the real estate investment trust's stock valued at $22,585,000 after buying an additional 1,413,885 shares during the period. Bank of America Corp DE purchased a new stake in shares of UMH Properties during the 2nd quarter valued at $15,655,000. Goldman Sachs Group Inc. increased its holdings in shares of UMH Properties by 110.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,865,018 shares of the real estate investment trust's stock worth $29,672,000 after buying an additional 980,043 shares during the last quarter. Finally, Schroder Investment Management Group acquired a new stake in shares of UMH Properties during the 4th quarter worth $11,891,000. 75.40% of the stock is owned by institutional investors and hedge funds.

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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