UMH Properties (NYSE:UMH) Announces Earnings Results

UMH Properties (NYSE:UMH) announced its quarterly earnings data on Wednesday. The real estate investment trust reported $0.24 EPS for the quarter, beating the consensus estimate of $0.03 by $0.21, Zacks reports. UMH Properties had a return on equity of 6.06% and a net margin of 11.81%. The business had revenue of ($126.74) million for the quarter, compared to the consensus estimate of $59.73 million. UMH Properties updated its FY 2025 guidance to 0.960-1.040 EPS.

UMH Properties Price Performance

UMH stock opened at $18.74 on Friday. The stock has a market cap of $1.48 billion, a PE ratio of 144.13, a P/E/G ratio of 2.93 and a beta of 1.28. UMH Properties has a 12 month low of $14.09 and a 12 month high of $20.64. The company has a 50-day moving average price of $18.25 and a 200 day moving average price of $18.92. The company has a current ratio of 8.48, a quick ratio of 8.48 and a debt-to-equity ratio of 1.11.

UMH Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, February 18th will be paid a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 4.59%. The ex-dividend date is Tuesday, February 18th. UMH Properties’s dividend payout ratio is currently 661.54%.

Analyst Ratings Changes

UMH has been the subject of several recent analyst reports. Wedbush restated a “neutral” rating and issued a $20.00 price target on shares of UMH Properties in a research note on Monday, January 13th. StockNews.com downgraded shares of UMH Properties from a “hold” rating to a “sell” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $21.25.

About UMH Properties

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.