UMH Properties, Inc. (NYSE:UMH – Free Report) – Equities researchers at B. Riley dropped their FY2025 EPS estimates for shares of UMH Properties in a note issued to investors on Wednesday, February 26th. B. Riley analyst J. Massocca now forecasts that the real estate investment trust will post earnings of $0.98 per share for the year, down from their previous estimate of $1.04. 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 $1.07 EPS.
UMH Properties (NYSE:UMH – Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.21. The company had revenue of ($126.74) million for the quarter, compared to analysts’ expectations of $59.73 million. UMH Properties had a return on equity of 6.06% and a net margin of 11.81%.
Read Our Latest Analysis on UMH Properties
UMH Properties Trading Up 3.0 %
Shares of NYSE UMH opened at $18.58 on Friday. The stock has a market cap of $1.47 billion, a P/E ratio of 142.90, a price-to-earnings-growth ratio of 2.93 and a beta of 1.28. The firm has a 50 day moving average price of $18.25 and a two-hundred day moving average price of $18.92. The company has a debt-to-equity ratio of 1.11, a quick ratio of 8.48 and a current ratio of 8.48. UMH Properties has a 52-week low of $14.09 and a 52-week high of $20.64.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of UMH. Vanguard Group Inc. increased its stake in UMH Properties by 11.9% during the 4th quarter. Vanguard Group Inc. now owns 7,506,462 shares of the real estate investment trust’s stock valued at $141,722,000 after purchasing an additional 799,798 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in shares of UMH Properties by 1.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,251,335 shares of the real estate investment trust’s stock worth $99,146,000 after acquiring an additional 57,547 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of UMH Properties by 124.5% in the 4th quarter. Capital Research Global Investors now owns 4,031,849 shares of the real estate investment trust’s stock worth $76,121,000 after acquiring an additional 2,236,080 shares during the last quarter. Copeland Capital Management LLC lifted its position in UMH Properties by 2.4% in the 4th quarter. Copeland Capital Management LLC now owns 2,828,469 shares of the real estate investment trust’s stock valued at $53,401,000 after acquiring an additional 67,353 shares in the last quarter. Finally, State Street Corp lifted its position in UMH Properties by 44.5% in the 3rd quarter. State Street Corp now owns 2,802,604 shares of the real estate investment trust’s stock valued at $55,127,000 after acquiring an additional 863,089 shares in the last quarter. 75.40% of the stock is owned by institutional investors.
UMH Properties Dividend Announcement
The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Tuesday, February 18th. UMH Properties’s dividend payout ratio is 661.54%.
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.
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