Wedbush Has Bearish Forecast for UMH Properties Q1 Earnings

UMH Properties, Inc. (NYSE:UMH - Free Report) - Investment analysts at Wedbush reduced their Q1 2025 earnings estimates for UMH Properties in a research report issued to clients and investors on Thursday, February 27th. Wedbush analyst R. Anderson now forecasts that the real estate investment trust will earn $0.22 per share for the quarter, down from their previous forecast of $0.23. Wedbush has a "Neutral" rating and a $20.00 price target on the stock. The consensus estimate for UMH Properties' current full-year earnings is $0.93 per share. Wedbush also issued estimates for UMH Properties' FY2025 earnings at $1.02 EPS, Q1 2026 earnings at $0.25 EPS, Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.27 EPS, Q4 2026 earnings at $0.28 EPS and FY2026 earnings at $1.07 EPS.

UMH Properties (NYSE:UMH - Get Free Report) last issued its earnings results on Wednesday, February 26th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.21. The business had revenue of ($126.74) million for the quarter, compared to analyst estimates of $59.73 million. UMH Properties had a net margin of 11.81% and a return on equity of 6.06%.

Separately, StockNews.com downgraded shares of UMH Properties from a "hold" rating to a "sell" rating in a report on Tuesday, February 25th. 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 company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $21.25.

UMH Properties Stock Down 0.7 %

NYSE UMH traded down $0.14 on Monday, hitting $18.79. 255,868 shares of the company were exchanged, compared to its average volume of 300,929. The company has a market cap of $1.55 billion, a PE ratio of 144.55, a PEG ratio of 2.93 and a beta of 1.28. UMH Properties has a 12 month low of $14.73 and a 12 month high of $20.64. The stock has a fifty day moving average of $18.25 and a 200-day moving average of $18.91. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, February 18th will be issued a $0.215 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.86 annualized dividend and a dividend yield of 4.58%. UMH Properties's dividend payout ratio is currently 2,866.67%.

Institutional Trading of UMH Properties

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of UMH Properties by 11.9% in the fourth 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 during the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in shares of UMH Properties by 1.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,251,335 shares of the real estate investment trust's stock valued at $99,146,000 after purchasing an additional 57,547 shares during the last quarter. Capital Research Global Investors increased its holdings in UMH Properties by 124.5% during the fourth quarter. Capital Research Global Investors now owns 4,031,849 shares of the real estate investment trust's stock worth $76,121,000 after buying an additional 2,236,080 shares during the last quarter. Copeland Capital Management LLC increased its holdings in UMH Properties by 2.4% during the fourth quarter. Copeland Capital Management LLC now owns 2,828,469 shares of the real estate investment trust's stock worth $53,401,000 after buying an additional 67,353 shares during the last quarter. Finally, State Street Corp increased its holdings in 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. Hedge funds and other 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.