UMH Properties (UMH) Expected to Announce Earnings on Thursday

UMH Properties (NYSE:UMH - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.23 per share and revenue of $62.82 million for the quarter. UMH Properties has set its FY 2025 guidance at 0.960-1.040 EPS.

UMH Properties (NYSE:UMH - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.21. UMH Properties had a net margin of 11.81% and a return on equity of 6.06%. The company had revenue of ($126.74) million for the quarter, compared to the consensus estimate of $59.73 million. On average, analysts expect UMH Properties to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

UMH Properties Stock Down 0.3 %

Shares of NYSE UMH traded down $0.06 during midday trading on Tuesday, reaching $17.65. The company's stock had a trading volume of 327,672 shares, compared to its average volume of 431,422. The company has a current ratio of 8.48, a quick ratio of 8.48 and a debt-to-equity ratio of 1.11. UMH Properties has a fifty-two week low of $14.73 and a fifty-two week high of $20.64. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 135.74, a PEG ratio of 2.93 and a beta of 1.17. The stock has a 50 day simple moving average of $17.89 and a 200-day simple moving average of $18.43.

UMH Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Thursday, May 15th will be issued a $0.225 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This is an increase from UMH Properties's previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.10%. UMH Properties's dividend payout ratio (DPR) is 3,000.00%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Wedbush restated a "neutral" rating and set a $20.00 target price on shares of UMH Properties in a report on Monday, January 13th. StockNews.com upgraded shares of UMH Properties from a "sell" rating to a "hold" rating in a report on Tuesday, April 22nd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $21.17.

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.