UMH Properties (NYSE:UMH) Stock Crosses Above 200-Day Moving Average – Time to Sell?
by Renee Jackson · The Cerbat GemUMH Properties, Inc. (NYSE:UMH – Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $15.23 and traded as high as $15.41. UMH Properties shares last traded at $15.3650, with a volume of 717,429 shares.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of UMH Properties in a report on Wednesday, January 21st. Cantor Fitzgerald reiterated a “neutral” rating and set a $16.00 price objective on shares of UMH Properties in a research note on Monday, January 5th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $18.00.
UMH Properties Stock Up 1.9%
The company’s 50 day moving average price is $15.20 and its 200 day moving average price is $15.24. The company has a quick ratio of 8.93, a current ratio of 8.93 and a debt-to-equity ratio of 1.17. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 223.51 and a beta of 1.03.
UMH Properties (NYSE:UMH – Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.24 by ($0.25). UMH Properties had a return on equity of 4.43% and a net margin of 10.12%.The company had revenue of $66.97 million for the quarter, compared to analyst estimates of $68.70 million. UMH Properties has set its FY 2026 guidance at 0.970-1.050 EPS. As a group, research analysts forecast that UMH Properties, Inc. will post 0.93 earnings per share for the current fiscal year.
UMH Properties Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 15th will be given a dividend of $0.225 per share. The ex-dividend date is Friday, May 15th. This represents a $0.90 dividend on an annualized basis and a yield of 5.8%. UMH Properties’s payout ratio is currently 1,285.71%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in UMH. Royal Bank of Canada lifted its position in UMH Properties by 2.9% during the first quarter. Royal Bank of Canada now owns 191,545 shares of the real estate investment trust’s stock valued at $3,583,000 after purchasing an additional 5,409 shares during the period. Amundi lifted its position in UMH Properties by 15.6% during the first quarter. Amundi now owns 41,420 shares of the real estate investment trust’s stock valued at $778,000 after purchasing an additional 5,590 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in UMH Properties by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,976 shares of the real estate investment trust’s stock valued at $804,000 after purchasing an additional 1,871 shares during the period. Creative Planning acquired a new position in UMH Properties during the second quarter valued at $244,000. Finally, Prudential Financial Inc. acquired a new position in shares of UMH Properties in the second quarter worth about $181,000. 75.40% of the stock is currently owned by institutional investors and hedge funds.
UMH Properties Company Profile
UMH Properties, Inc is a self-administered real estate investment trust (REIT) that specializes in the ownership, operation, acquisition and development of manufactured home communities and recreational vehicle (RV) communities. The company’s business model centers on providing affordable housing solutions by offering land lease lots and home sales in well-maintained, amenity-rich settings. UMH Properties focuses on maximizing occupancy and enhancing tenant satisfaction through professional on-site management and ongoing community improvements.
The company generates revenue through rental lot fees, home sales and related community services.