B. Riley Has Weak Outlook for UMH Properties FY2025 Earnings

UMH Properties, Inc. (NYSE:UMH - Free Report) - Equities research analysts at B. Riley lowered their FY2025 earnings per share (EPS) estimates for UMH Properties in a research note issued to investors on Wednesday, February 26th. B. Riley analyst J. Massocca now anticipates that the real estate investment trust will post earnings of $0.98 per share for the year, down from their prior forecast 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 announced its earnings results on Wednesday, February 26th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.21. UMH Properties had a return on equity of 6.06% and a net margin of 11.81%. The company had revenue of ($126.74) million for the quarter, compared to analyst estimates of $59.73 million.

A number of other equities analysts also recently weighed in on UMH. Wedbush reiterated a "neutral" rating and issued a $20.00 target price on shares of UMH Properties in a report on Monday, January 13th. StockNews.com lowered shares of UMH Properties from a "hold" rating to a "sell" rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $21.25.

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UMH Properties Trading Down 0.7 %

UMH Properties stock traded down $0.12 during midday trading on Friday, reaching $18.68. The stock had a trading volume of 232,760 shares, compared to its average volume of 299,265. The firm's fifty day simple moving average is $18.25 and its two-hundred day simple moving average is $18.91. The company has a debt-to-equity ratio of 1.11, a current ratio of 8.48 and a quick ratio of 8.48. UMH Properties has a twelve month low of $14.73 and a twelve month high of $20.64. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 143.67, a PEG ratio of 2.93 and a beta of 1.28.

UMH Properties Announces Dividend

The business also recently announced 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 4.60%. UMH Properties's dividend payout ratio (DPR) is currently 2,866.67%.

Hedge Funds Weigh In On UMH Properties

Institutional investors have recently modified their holdings of the company. Principal Financial Group Inc. acquired a new position in UMH Properties in the 3rd quarter valued at $675,000. Concurrent Investment Advisors LLC bought a new stake in UMH Properties during the 3rd quarter valued at approximately $614,000. Barclays PLC grew its holdings in UMH Properties by 101.1% in the 3rd quarter. Barclays PLC now owns 160,406 shares of the real estate investment trust's stock valued at $3,155,000 after buying an additional 80,660 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in UMH Properties by 6.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 940,792 shares of the real estate investment trust's stock worth $18,505,000 after buying an additional 56,662 shares during the period. Finally, State Street Corp lifted its holdings in shares of UMH Properties by 44.5% during the third quarter. State Street Corp now owns 2,802,604 shares of the real estate investment trust's stock worth $55,127,000 after buying an additional 863,089 shares during the last quarter. Institutional investors own 75.40% of the company's stock.

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.