FY2025 EPS Estimates for UMH Properties, Inc. (NYSE:UMH) Decreased by B. Riley

UMH Properties, Inc. (NYSE:UMH) – B. Riley reduced their FY2025 earnings per share (EPS) estimates for UMH Properties in a research note issued on Tuesday, October 1st. B. Riley analyst J. Massocca now expects that the real estate investment trust will earn $1.04 per share for the year, down from their previous estimate of $1.05. B. Riley currently has a “Buy” rating and a $22.50 target price on the stock. The consensus estimate for UMH Properties’ current full-year earnings is $0.93 per share. B. Riley also issued estimates for UMH Properties’ FY2026 earnings at $1.11 EPS.

UMH Properties (NYSE:UMH) last released its earnings results on Tuesday, August 6th. The real estate investment trust reported $0.01 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.21). The company had revenue of $60.33 million for the quarter, compared to analyst estimates of $59.84 million. UMH Properties had a net margin of 5.79% and a return on equity of 3.17%. During the same period in the previous year, the business posted $0.21 EPS.

Several other brokerages have also recently issued reports on UMH. StockNews.com upgraded UMH Properties from a “sell” rating to a “hold” rating in a research report on Tuesday, August 13th. Wedbush lifted their target price on UMH Properties from $17.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, August 8th. Finally, Alliance Global Partners began coverage on shares of UMH Properties in a report on Thursday, July 18th. They issued a “buy” rating and a $21.00 price target for the company. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, UMH Properties presently has a consensus rating of “Moderate Buy” and an average price target of $21.25.

UMH Properties Price Performance

NYSE UMH opened at $19.19 on Wednesday. UMH Properties has a 12 month low of $13.31 and a 12 month high of $20.64. The firm has a market capitalization of $1.51 billion, a PE ratio of -127.39, a P/E/G ratio of 3.47 and a beta of 1.30. The company’s 50 day simple moving average is $19.24 and its 200 day simple moving average is $17.03. The company has a debt-to-equity ratio of 1.49, a current ratio of 6.77 and a quick ratio of 6.77.

UMH Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 4.48%. The ex-dividend date of this dividend is Friday, November 15th. UMH Properties’s dividend payout ratio is -573.30%.

Insider Activity

In other news, Director Kiernan Conway sold 2,700 shares of UMH Properties stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $19.54, for a total value of $52,758.00. Following the transaction, the director now directly owns 412 shares of the company’s stock, valued at $8,050.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 8.63% of the stock is currently owned by company insiders.

Institutional Trading of UMH Properties

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its position in UMH Properties by 10.6% in the 4th quarter. Vanguard Group Inc. now owns 6,541,226 shares of the real estate investment trust’s stock worth $100,212,000 after buying an additional 629,427 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of UMH Properties by 9.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 388,861 shares of the real estate investment trust’s stock worth $6,218,000 after purchasing an additional 34,249 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of UMH Properties by 11.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 421,850 shares of the real estate investment trust’s stock valued at $6,745,000 after buying an additional 41,774 shares during the last quarter. Kennedy Capital Management LLC grew its stake in shares of UMH Properties by 245.9% in the 1st quarter. Kennedy Capital Management LLC now owns 664,377 shares of the real estate investment trust’s stock valued at $10,789,000 after buying an additional 472,307 shares in the last quarter. Finally, EntryPoint Capital LLC increased its holdings in UMH Properties by 843.9% in the first quarter. EntryPoint Capital LLC now owns 2,020 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 1,806 shares during the last quarter. Hedge funds and other 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.