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

UMH Properties (NYSE:UMH) released its quarterly earnings results on Wednesday. The real estate investment trust reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.21, Zacks reports. UMH Properties had a net margin of 11.81% and a return on equity of 6.06%. The firm had revenue of ($126.74) million during the quarter, compared to the consensus estimate of $59.73 million. UMH Properties updated its FY 2025 guidance to 0.960-1.040 EPS.

UMH Properties Stock Performance

NYSE UMH opened at $18.11 on Thursday. UMH Properties has a fifty-two week low of $14.09 and a fifty-two week high of $20.64. The firm has a market capitalization of $1.43 billion, a P/E ratio of 139.28, a price-to-earnings-growth ratio of 2.93 and a beta of 1.28. The stock’s fifty day moving average is $18.25 and its two-hundred day moving average is $18.92. The company has a debt-to-equity ratio of 1.11, a quick ratio of 8.48 and a current ratio of 8.48.

UMH Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Tuesday, February 18th will be given a dividend of $0.215 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.86 dividend on an annualized basis and a yield of 4.75%. UMH Properties’s payout ratio is 661.54%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on UMH. StockNews.com cut UMH Properties from a “hold” rating to a “sell” rating in a report on Tuesday. Wedbush reissued a “neutral” rating and issued a $20.00 price objective on shares of UMH Properties in a research note on Monday, January 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average 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.