UMH Properties (NYSE:UMH – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.960-1.040 for the period, compared to the consensus EPS estimate of 1.020. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of research firms have weighed in on UMH. StockNews.com downgraded UMH Properties from a “hold” rating to a “sell” rating in a research note on Tuesday. Wedbush reissued a “neutral” rating and issued a $20.00 price objective on shares of UMH Properties in a report on Monday, January 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $21.25.
Check Out Our Latest Research Report on UMH Properties
UMH Properties Stock Performance
UMH Properties (NYSE:UMH – Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.21. The company had revenue of ($126.74) million during the quarter, compared to analysts’ expectations of $59.73 million. UMH Properties had a return on equity of 6.06% and a net margin of 11.81%. On average, analysts expect that UMH Properties will post 0.93 earnings per share for the current fiscal year.
UMH Properties Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, February 18th will be given a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 4.65%. The ex-dividend date is Tuesday, February 18th. UMH Properties’s payout ratio is presently 661.54%.
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.
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