UMH Properties (UMH) Expected to Announce Earnings on Wednesday

UMH Properties (NYSE:UMH) is expected to announce its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $59.73 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

UMH Properties Price Performance

Shares of NYSE:UMH opened at $17.66 on Monday. UMH Properties has a twelve month low of $14.09 and a twelve month high of $20.64. The company’s 50 day moving average is $18.31 and its 200 day moving average is $18.94. The company has a current ratio of 8.48, a quick ratio of 8.48 and a debt-to-equity ratio of 1.11. The company has a market cap of $1.39 billion, a PE ratio of 135.88, a price-to-earnings-growth ratio of 2.93 and a beta of 1.28.

UMH Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Tuesday, February 18th will be issued a $0.215 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.86 annualized dividend and a yield of 4.87%. UMH Properties’s dividend payout ratio (DPR) is presently 661.54%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on UMH shares. Wedbush reiterated a “neutral” rating and issued a $20.00 price target 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 Saturday, November 16th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $21.25.

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.