UMH Properties (NYSE:UMH) Posts Quarterly Earnings Results, Beats Expectations By $0.21 EPS

UMH Properties (NYSE:UMHGet Free Report) released its earnings results on Wednesday. The real estate investment trust reported $0.24 EPS for the quarter, topping the consensus estimate of $0.03 by $0.21, Zacks reports. UMH Properties had a return on equity of 6.06% and a net margin of 11.81%. UMH Properties updated its FY 2025 guidance to 0.960-1.040 EPS.

UMH Properties Stock Down 1.6 %

Shares of NYSE:UMH traded down $0.30 during trading on Wednesday, reaching $18.03. 329,940 shares of the stock were exchanged, compared to its average volume of 298,552. UMH Properties has a 1-year low of $14.09 and a 1-year high of $20.64. The stock has a fifty day moving average of $18.27 and a two-hundred day moving average of $18.93. 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 firm has a market cap of $1.42 billion, a price-to-earnings ratio of 138.70, a price-to-earnings-growth ratio of 2.93 and a beta of 1.28.

UMH Properties Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.86 annualized dividend and a dividend yield of 4.77%. UMH Properties’s dividend payout ratio is 661.54%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. StockNews.com downgraded shares of UMH Properties from a “hold” rating to a “sell” rating in a research report on Tuesday. Wedbush restated a “neutral” rating and issued a $20.00 price target on shares of UMH Properties in a report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $21.25.

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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.

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Earnings History for UMH Properties (NYSE:UMH)

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