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

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

UMH Properties Stock Up 0.4 %

Shares of UMH opened at $18.11 on Thursday. The company has a current ratio of 8.48, a quick ratio of 8.48 and a debt-to-equity ratio of 1.11. The firm has a market cap of $1.43 billion, a P/E ratio of 139.28, a PEG ratio of 2.93 and a beta of 1.28. The stock’s 50 day moving average is $18.25 and its two-hundred day moving average is $18.92. UMH Properties has a 12 month low of $14.09 and a 12 month high of $20.64.

UMH Properties Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Wedbush reaffirmed a “neutral” rating and set a $20.00 target price on shares of UMH Properties in a report on Monday, January 13th. StockNews.com downgraded UMH Properties from a “hold” rating to a “sell” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $21.25.

Check Out Our Latest Analysis on UMH Properties

About UMH Properties

(Get Free Report)

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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