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

Key Points

• UMH Properties shares reached a new 52-week high of $16.66 and were recently trading around $16.63, up 2.1%, with the stock’s average analyst rating at “Moderate Buy” and a consensus price target of $17.25.
• The REIT exceeded quarterly expectations, reporting EPS of $0.05 versus the $0.03 estimate and revenue of $71.64 million versus the $60.76 million consensus forecast. Full-year 2026 guidance is $0.98–$1.04 EPS.
• UMH declared a quarterly dividend of $0.225, equivalent to $0.90 annually and a 5.4% yield; however, its reported payout ratio is unusually high at 750%, which may warrant investor scrutiny.

UMH Properties, Inc. (NYSE:UMH - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $16.66 and last traded at $16.6260, with a volume of 748019 shares trading hands. The stock had previously closed at $16.29.

Analyst Ratings Changes

UMH has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of UMH Properties in a research note on Friday, July 31st. Odeon Capital Group set a $17.50 price objective on shares of UMH Properties in a report on Thursday, July 9th. Finally, Wall Street Zen raised shares of UMH Properties from a "sell" rating to a "hold" rating in a research report on Sunday, May 10th. One investment 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 currently has an average rating of "Moderate Buy" and a consensus price target of $17.25.

UMH Properties Stock Up 2.1%

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 has a market capitalization of $1.42 billion, a P/E ratio of 138.55 and a beta of 0.96. The company has a 50-day moving average of $15.39 and a two-hundred day moving average of $15.34.

UMH Properties (NYSE:UMH - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $71.64 million during the quarter, compared to the consensus estimate of $60.76 million. UMH Properties had a return on equity of 5.40% and a net margin of 11.55%.UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, research analysts predict that UMH Properties, Inc. will post 0.99 EPS for the current year.

UMH Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 17th will be given a $0.225 dividend. The ex-dividend date of this dividend 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%.

Institutional Investors Weigh In On UMH Properties

Several hedge funds have recently bought and sold shares of UMH. BlackRock Inc. bought a new position in shares of UMH Properties during the second quarter valued at approximately $127,139,000. Vanguard Group Inc. boosted its position in shares of UMH Properties by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 8,128,983 shares of the real estate investment trust's stock worth $129,332,000 after purchasing an additional 144,368 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in shares of UMH Properties by 5.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,386,288 shares of the real estate investment trust's stock worth $69,786,000 after buying an additional 237,609 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of UMH Properties by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 2,072,652 shares of the real estate investment trust's stock worth $32,982,000 after buying an additional 16,978 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in 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 valued at $29,672,000 after buying an additional 980,043 shares in the last quarter. Institutional investors own 75.40% of the company's stock.

About UMH Properties

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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