UMH Properties (NYSE:UMH – Get 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%.
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About UMH Properties
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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