UMH Properties (NYSE:UMH) Stock Price Passes Above 200-Day Moving Average - Here's What Happened

Key Points

• UMH Properties shares moved above their 200-day moving average of $15.41, reaching $15.74 during Wednesday trading before closing around $15.41.
• Analysts maintain a “Moderate Buy” consensus, with one Strong Buy, two Buy, and two Hold ratings; the average price target is $17.25.
• UMH exceeded quarterly earnings and revenue expectations, reporting $0.05 in EPS and $71.64 million in revenue, while paying a quarterly dividend of $0.225, equivalent to a 5.8% annualized yield.

UMH Properties, Inc. (NYSE:UMH - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $15.41 and traded as high as $15.74. UMH Properties shares last traded at $15.41, with a volume of 535,585 shares traded.

Analyst Upgrades and Downgrades

UMH has been the subject of several recent research reports. Odeon Capital Group set a $17.50 price objective on 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 note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, UMH Properties has an average rating of "Moderate Buy" and an average price target of $17.25.

UMH Properties Trading Down 2.5%

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 company's 50-day moving average is $15.89 and its 200-day moving average is $15.41. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 128.42 and a beta of 0.97.

UMH Properties (NYSE:UMH - Get Free Report) last posted its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. The company had revenue of $71.64 million for 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. Research analysts anticipate that UMH Properties, Inc. will post 1.01 earnings per share for the current fiscal year.

UMH Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 17th were given a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 5.8%. The ex-dividend date was Monday, August 17th. UMH Properties's dividend payout ratio is presently 750.00%.

Institutional Investors Weigh In On UMH Properties

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UMH. Nissay Asset Management Corp Japan lifted its stake in UMH Properties by 8.0% during the second quarter. Nissay Asset Management Corp Japan now owns 12,784 shares of the real estate investment trust's stock worth $194,000 after purchasing an additional 944 shares in the last quarter. ProShare Advisors LLC grew its stake in shares of UMH Properties by 7.9% in the fourth quarter. ProShare Advisors LLC now owns 14,676 shares of the real estate investment trust's stock valued at $233,000 after buying an additional 1,072 shares in the last quarter. Wedbush Securities Inc. raised its holdings in shares of UMH Properties by 1.2% in the 2nd 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 period. Allworth Financial LP raised its holdings in shares of UMH Properties by 321.9% in the 2nd 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 period. Finally, NewEdge Wealth LLC lifted its stake in UMH Properties by 18.8% during the 1st quarter. NewEdge Wealth LLC now owns 15,336 shares of the real estate investment trust's stock worth $221,000 after acquiring an additional 2,423 shares in the last quarter. Institutional investors and hedge funds own 75.40% of the company's stock.

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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