UMH Properties (NYSE:UMH) Releases FY 2025 Earnings Guidance

Key Points

• UMH Properties has updated its FY 2025 earnings guidance, projecting an EPS range of 0.960-1.040, slightly below the consensus estimate of 0.996.
• The company declared a quarterly dividend of $0.225 per share, translating to an annual yield of 5.4%.
• Insider sales have been notable, with CEO Samuel A. Landy selling 25,000 shares and Director William Edward Mitchell selling nearly 40,000 shares recently.

UMH Properties (NYSE:UMH - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.960-1.040 for the period, compared to the consensus estimate of 0.996. The company issued revenue guidance of -.

UMH Properties Stock Performance

NYSE:UMH traded down $0.17 during trading hours on Friday, reaching $16.35. The stock had a trading volume of 287,078 shares, compared to its average volume of 342,786. The company has a debt-to-equity ratio of 1.08, a quick ratio of 6.98 and a current ratio of 8.56. The stock has a 50 day simple moving average of $16.84 and a 200 day simple moving average of $17.41. UMH Properties has a 12-month low of $15.74 and a 12-month high of $20.64. The stock has a market cap of $1.39 billion, a P/E ratio of 116.79, a price-to-earnings-growth ratio of 2.73 and a beta of 1.13.

UMH Properties (NYSE:UMH - Get Free Report) last released its earnings results on Wednesday, August 6th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by ($0.02). UMH Properties had a return on equity of 5.19% and a net margin of 12.18%. The firm had revenue of $66.64 million during the quarter, compared to analysts' expectations of $66.07 million. On average, research analysts forecast that UMH Properties will post 0.93 EPS for the current fiscal year.

UMH Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 15th will be given a $0.225 dividend. The ex-dividend date is Friday, August 15th. This represents a $0.90 annualized dividend and a dividend yield of 5.5%. UMH Properties's payout ratio is 642.86%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Maxim Group reduced their price target on UMH Properties from $22.00 to $20.50 and set a "buy" rating for the company in a research report on Monday, May 5th. Wedbush upgraded UMH Properties to a "hold" rating in a research report on Wednesday, July 2nd. B. Riley reiterated a "buy" rating on shares of UMH Properties in a research report on Tuesday, May 13th. Finally, Wall Street Zen cut UMH Properties from a "hold" rating to a "sell" rating in a research report on Friday, July 18th.

Insider Buying and Selling at UMH Properties

In related news, CEO Samuel A. Landy sold 25,000 shares of UMH Properties stock in a transaction on Monday, June 9th. The stock was sold at an average price of $16.87, for a total transaction of $421,750.00. Following the completion of the sale, the chief executive officer owned 1,140,265 shares of the company's stock, valued at approximately $19,236,270.55. This trade represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William Edward Mitchell sold 39,974 shares of UMH Properties stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $16.94, for a total value of $677,159.56. Following the sale, the director directly owned 115,627 shares of the company's stock, valued at $1,958,721.38. This represents a 25.69% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 89,974 shares of company stock valued at $1,526,660. 8.77% of the stock is owned by company insiders.

Institutional Investors Weigh In On UMH Properties

Several large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in UMH Properties by 2.9% during the first quarter. Royal Bank of Canada now owns 191,545 shares of the real estate investment trust's stock valued at $3,583,000 after buying an additional 5,409 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in UMH Properties by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,976 shares of the real estate investment trust's stock worth $804,000 after purchasing an additional 1,871 shares during the last quarter. Amundi lifted its stake in UMH Properties by 15.6% during the first quarter. Amundi now owns 41,420 shares of the real estate investment trust's stock worth $778,000 after purchasing an additional 5,590 shares during the last quarter. Finally, Creative Planning bought a new stake in UMH Properties during the second quarter worth about $244,000. Institutional investors own 75.40% of the company's stock.

UMH Properties Company Profile

UMH Properties, Inc, which was organized in 1968, is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,800 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama, South Carolina and Georgia.