UMH Properties (NYSE:UMH) Posts Earnings Results, Beats Expectations By $0.21 EPS

UMH Properties (NYSE:UMH) posted its earnings results on Wednesday. The real estate investment trust reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.21, Zacks reports. UMH Properties had a net margin of 11.81% and a return on equity of 6.06%. UMH Properties updated its FY 2025 guidance to 0.960-1.040 EPS.

UMH Properties Stock Performance

Shares of NYSE:UMH traded down $0.30 during midday trading on Wednesday, reaching $18.03. The company had a trading volume of 329,940 shares, compared to its average volume of 298,552. The stock has a market cap of $1.42 billion, a P/E ratio of 138.70, a P/E/G ratio of 2.93 and a beta of 1.28. The company’s 50 day moving average price is $18.27 and its 200 day moving average price is $18.93. 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 has a 52-week low of $14.09 and a 52-week high of $20.64.

UMH Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 4.77%. The ex-dividend date of this dividend is Tuesday, February 18th. UMH Properties’s dividend payout ratio is presently 661.54%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on UMH shares. Wedbush restated a “neutral” rating and issued a $20.00 target price on shares of UMH Properties in a report 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 analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target 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.