UMH Properties (UMH) Expected to Announce Quarterly Earnings on Wednesday

UMH Properties (NYSE:UMH - Get Free Report) is projected to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $59.73 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

UMH Properties Stock Up 0.1 %

UMH traded up $0.02 on Friday, reaching $17.66. 308,005 shares of the company traded hands, compared to its average volume of 270,455. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 135.88, a PEG ratio of 2.93 and a beta of 1.28. The company has a debt-to-equity ratio of 1.11, a current ratio of 8.48 and a quick ratio of 8.48. The stock's 50 day moving average price is $18.31 and its 200-day moving average price is $18.94. UMH Properties has a 52-week low of $14.09 and a 52-week high of $20.64.

UMH Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 4.87%. The ex-dividend date of this dividend is Tuesday, February 18th. UMH Properties's dividend payout ratio is currently 661.59%.

Analyst Ratings Changes

A number of analysts recently issued reports on UMH shares. StockNews.com raised UMH Properties from a "sell" rating to a "hold" rating in a research report on Saturday, November 16th. Wedbush reaffirmed a "neutral" rating and set a $20.00 price target on shares of UMH Properties in a research note on Monday, January 13th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, UMH Properties currently has a consensus rating of "Moderate Buy" and a consensus target price of $21.25.

UMH Properties Company Profile

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.