UMH Properties (NYSE:UMH) Director Acquires $19,890.00 in Stock

UMH Properties, Inc. (NYSE:UMH) Director William Mitchell purchased 1,300 shares of UMH Properties stock in a transaction that occurred on Friday, September 25th. The stock was acquired at an average cost of $15.30 per share, with a total value of $19,890.00. Following the transaction, the director owned 36,828 shares in the company, valued at $563,468.40. This trade represents a 3.66% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

William Edward Mitchell also recently made the following trade(s):

• On Tuesday, September 15th, William Mitchell acquired 67 shares of UMH Properties stock. The shares were bought at an average cost of $14.88 per share, with a total value of $996.96.
• On Monday, August 17th, William Mitchell acquired 64 shares of UMH Properties stock. The shares were bought at an average price of $15.62 per share, for a total transaction of $999.68.

UMH Properties Stock Performance

Shares of NYSE UMH traded up $0.10 during midday trading on Friday, hitting $15.41. The company’s stock had a trading volume of 486,159 shares, compared to its average volume of 627,980. The stock has a fifty day moving average price of $15.88 and a 200 day moving average price of $15.41. The company has a current ratio of 6.90, a quick ratio of 6.90 and a debt-to-equity ratio of 1.28. UMH Properties, Inc. has a one year low of $13.93 and a one year high of $16.77. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 128.46 and a beta of 0.97.

UMH Properties (NYSE:UMH) last issued its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 EPS for the quarter, topping the consensus estimate of $0.03 by $0.02. UMH Properties had a return on equity of 5.40% and a net margin of 11.55%.The business had revenue of $71.64 million during the quarter, compared to the consensus estimate of $60.76 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, research analysts forecast that UMH Properties, Inc. will post 1.01 EPS for the current fiscal year.

UMH Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 17th were paid a $0.2250 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend was Monday, August 17th. UMH Properties’s dividend payout ratio is currently 750.00%.

Analyst Ratings Changes

UMH has been the subject of a number of research reports. Odeon Capital Group set a $17.50 price objective on shares of UMH Properties in a research note on Thursday, July 9th. Weiss Ratings restated a “hold (c)” rating on shares of UMH Properties in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $17.25.

Institutional Trading of UMH Properties

Several large investors have recently bought and sold shares of UMH. Allworth Financial LP bought a new stake in shares of UMH Properties during the second quarter valued at approximately $45,000. Summit Securities Group LLC bought a new position in shares of UMH Properties during the first quarter valued at approximately $46,000. State of Wyoming purchased a new position in shares of UMH Properties during the second quarter valued at approximately $72,000. Bard Associates Inc. bought a new position in UMH Properties during the 2nd quarter valued at approximately $128,000. Finally, AlphaCentric Advisors LLC bought a new stake in UMH Properties in the first quarter worth $144,000. 75.40% of the stock is owned by institutional investors.

About UMH Properties

UMH Properties, Inc is a real estate investment trust that owns and operates manufactured housing communities in the United States. The company provides residents with affordable housing options through land-lease communities, where homeowners typically own their manufactured homes while leasing the underlying land from UMH.

UMH’s activities include acquiring, developing, expanding and managing manufactured housing communities, as well as selling and leasing manufactured homes. Its portfolio includes company-owned homes that are offered for rent, providing an additional source of housing for residents who may prefer not to purchase a home.

Founded in 1968, UMH serves markets primarily in the Midwest and Mid-Atlantic regions, including communities in states such as Ohio, Indiana, Michigan, Pennsylvania, Tennessee, New Jersey, New York, Maryland, Illinois, Alabama and Kentucky.