UMH Properties (NYSE:UMH) Rating Increased to Strong-Buy at Odean Cap Resea

Odean Cap Resea upgraded shares of UMH Properties (NYSE:UMHFree 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%

Shares of NYSE UMH traded up $0.01 during mid-day trading on Thursday, reaching $15.29. 394,132 shares of the company’s stock were exchanged, compared to its average volume of 615,727. The company’s 50-day moving average is $15.30 and its 200-day moving average is $15.42. The company has a debt-to-equity ratio of 1.20, a quick ratio of 6.97 and a current ratio of 6.97. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 152.85 and a beta of 0.96. UMH Properties has a 52-week low of $13.93 and a 52-week high of $17.23.

UMH Properties (NYSE:UMHGet 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

(Get Free Report)

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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Analyst Recommendations for UMH Properties (NYSE:UMH)

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