UMH Properties, Inc. (NYSE:UMH) to Post FY2025 Earnings of $1.04 Per Share, B. Riley Forecasts

UMH Properties, Inc. (NYSE:UMHFree Report) – Equities researchers at B. Riley reduced their FY2025 EPS estimates for shares of UMH Properties in a research report issued on Tuesday, October 1st. B. Riley analyst J. Massocca now anticipates that the real estate investment trust will earn $1.04 per share for the year, down from their prior forecast of $1.05. B. Riley currently has a “Buy” rating and a $22.50 target price on the stock. 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 $1.11 EPS.

UMH has been the subject of several other reports. StockNews.com upgraded UMH Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, August 13th. Alliance Global Partners initiated coverage on shares of UMH Properties in a report on Thursday, July 18th. They issued a “buy” rating and a $21.00 price target on the stock. Finally, Wedbush raised their price objective on shares of UMH Properties from $17.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, August 8th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.25.

Get Our Latest Stock Report on UMH

UMH Properties Stock Performance

Shares of UMH stock opened at $19.44 on Wednesday. The firm’s 50 day moving average is $19.20 and its 200 day moving average is $17.02. The stock has a market capitalization of $1.53 billion, a P/E ratio of -129.59, a PEG ratio of 3.47 and a beta of 1.30. UMH Properties has a 12 month low of $13.26 and a 12 month high of $20.64. The company has a current ratio of 6.77, a quick ratio of 6.77 and a debt-to-equity ratio of 1.49.

UMH Properties (NYSE:UMHGet Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The real estate investment trust reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.21). UMH Properties had a return on equity of 3.17% and a net margin of 5.79%. The firm had revenue of $60.33 million for the quarter, compared to the consensus estimate of $59.84 million. During the same quarter in the previous year, the company posted $0.21 EPS.

Insider Buying and Selling

In other UMH Properties news, Director Kiernan Conway sold 2,700 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $19.54, for a total value of $52,758.00. Following the completion of the transaction, the director now owns 412 shares of the company’s stock, valued at approximately $8,050.48. The transaction was disclosed in a filing with the SEC, which is available through this link. 8.63% of the stock is owned by company insiders.

Hedge Funds Weigh In On UMH Properties

A number of large investors have recently modified their holdings of UMH. Vanguard Group Inc. boosted its holdings in shares of UMH Properties by 10.6% during the fourth quarter. Vanguard Group Inc. now owns 6,541,226 shares of the real estate investment trust’s stock worth $100,212,000 after purchasing an additional 629,427 shares during the period. Bank of New York Mellon Corp lifted its holdings in UMH Properties by 9.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 388,861 shares of the real estate investment trust’s stock worth $6,218,000 after buying an additional 34,249 shares during the period. Kennedy Capital Management LLC grew its position in shares of UMH Properties by 245.9% in the 1st quarter. Kennedy Capital Management LLC now owns 664,377 shares of the real estate investment trust’s stock worth $10,789,000 after buying an additional 472,307 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of UMH Properties by 11.0% during the second quarter. Envestnet Asset Management Inc. now owns 421,850 shares of the real estate investment trust’s stock valued at $6,745,000 after buying an additional 41,774 shares during the period. Finally, EntryPoint Capital LLC increased its position in UMH Properties by 843.9% during the 1st quarter. EntryPoint Capital LLC now owns 2,020 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 1,806 shares during the period. 75.40% of the stock is owned by hedge funds and other institutional investors.

About UMH Properties

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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.

Further Reading

Earnings History and Estimates for UMH Properties (NYSE:UMH)

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