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

UMH Properties, Inc. (NYSE:UMHFree Report) – Equities researchers at B. Riley decreased their FY2025 earnings per share estimates for UMH Properties in a report released on Tuesday, October 1st. B. Riley analyst J. Massocca now anticipates that the real estate investment trust will earn $1.04 per share for the year, down from their prior forecast of $1.05. B. Riley has a “Buy” rating and a $22.50 price objective 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:UMHGet Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The real estate investment trust reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.21). The firm had revenue of $60.33 million for the quarter, compared to the consensus estimate of $59.84 million. UMH Properties had a return on equity of 3.17% and a net margin of 5.79%. During the same period in the prior year, the company posted $0.21 earnings per share.

UMH has been the subject of several other research reports. StockNews.com upgraded UMH Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, August 13th. Alliance Global Partners assumed coverage on UMH Properties in a research report on Thursday, July 18th. They issued a “buy” rating and a $21.00 price objective for the company. Finally, Wedbush raised their price objective on shares of UMH Properties from $17.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $21.25.

Check Out Our Latest Report on UMH Properties

UMH Properties Stock Down 0.4 %

UMH stock opened at $19.19 on Wednesday. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of -127.39, a price-to-earnings-growth ratio of 3.47 and a beta of 1.30. The company has a 50-day moving average of $19.24 and a two-hundred day moving average of $17.03. UMH Properties has a 52-week low of $13.31 and a 52-week high of $20.64. 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 Dividend Announcement

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

Insiders Place Their Bets

In other news, Director Kiernan Conway sold 2,700 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $19.54, for a total transaction of $52,758.00. Following the sale, the director now directly owns 412 shares in the company, valued at $8,050.48. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 8.63% of the company’s stock.

Institutional Trading of UMH Properties

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in UMH Properties by 10.6% in the fourth quarter. Vanguard Group Inc. now owns 6,541,226 shares of the real estate investment trust’s stock worth $100,212,000 after purchasing an additional 629,427 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of UMH Properties by 1.0% in the 2nd quarter. American Century Companies Inc. now owns 2,931,116 shares of the real estate investment trust’s stock worth $46,869,000 after buying an additional 29,320 shares in the last quarter. Jennison Associates LLC lifted its position in shares of UMH Properties by 0.4% during the 1st quarter. Jennison Associates LLC now owns 1,305,618 shares of the real estate investment trust’s stock worth $21,203,000 after buying an additional 5,015 shares during the period. Dimensional Fund Advisors LP boosted its stake in UMH Properties by 2.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 966,682 shares of the real estate investment trust’s stock valued at $15,456,000 after buying an additional 22,844 shares in the last quarter. Finally, D.A. Davidson & CO. grew its position in UMH Properties by 5.7% in the second quarter. D.A. Davidson & CO. now owns 871,668 shares of the real estate investment trust’s stock valued at $13,938,000 after acquiring an additional 47,256 shares during the period. 75.40% of the stock is currently owned by institutional investors and hedge funds.

UMH Properties Company Profile

(Get Free Report)

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.

Featured Articles

Earnings History and Estimates for UMH Properties (NYSE:UMH)

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.