Odean Cap Resea upgraded shares of UMH Properties (NYSE:UMH – Free Report) to a strong-buy rating in a research report sent to investors on Thursday morning,Zacks.com reports.
UMH has been the topic of a number of other reports. Weiss Ratings raised shares of UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Odeon Capital Group set a $17.50 price target on UMH Properties in a research report on Thursday. Finally, Wall Street Zen raised UMH Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.25.
Get Our Latest Stock Report on UMH
UMH Properties Trading Up 0.0%
UMH Properties (NYSE:UMH – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. UMH Properties had a net margin of 11.03% and a return on equity of 4.96%. The firm had revenue of $65.84 million for the quarter, compared to analyst estimates of $59.35 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. Analysts expect that UMH Properties will post 0.99 EPS for the current fiscal year.
UMH Properties Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders 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 yield of 5.9%. UMH Properties’s dividend payout ratio (DPR) is currently 900.00%.
Institutional Investors Weigh In On UMH Properties
Large investors have recently modified their holdings of the company. Summit Securities Group LLC acquired a new position in shares of UMH Properties during the first quarter worth $46,000. Danske Bank A S acquired a new stake in UMH Properties in the fourth quarter valued at $49,000. Quantbot Technologies LP acquired a new stake in UMH Properties in the second quarter valued at $52,000. Creative Financial Designs Inc. ADV lifted its holdings in UMH Properties by 96.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,495 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 1,720 shares during the last quarter. Finally, Signaturefd LLC boosted its position in shares of UMH Properties by 111.8% during the 4th quarter. Signaturefd LLC now owns 3,588 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 1,894 shares in the last quarter. 75.40% of the stock is owned by hedge funds and other institutional investors.
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.
See Also
- Five stocks we like better than UMH Properties
- Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs
- Power Struggle: Wolfspeed Sues Navitas Over AI Chips
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
Receive News & Ratings for UMH Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UMH Properties and related companies with MarketBeat.com's FREE daily email newsletter.
