FY2025 EPS Estimates for UMH Properties, Inc. Lowered by B. Riley (NYSE:UMH)

UMH Properties, Inc. (NYSE:UMH) – Stock analysts at B. Riley reduced their FY2025 earnings per share (EPS) estimates for shares of UMH Properties in a report issued on Tuesday, October 1st. B. Riley analyst J. Massocca now forecasts that the real estate investment trust will post earnings per share of $1.04 for the year, down from their prior forecast of $1.05. B. Riley has a “Buy” rating and a $22.50 price target on the stock. The consensus estimate for UMH Properties’ current full-year earnings is $0.93 per share. B. Riley also issued estimates for UMH Properties’ FY2026 earnings at $1.11 EPS.

UMH has been the topic of several other reports. StockNews.com upgraded UMH Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, August 13th. Alliance Global Partners assumed coverage on shares of UMH Properties in a research note on Thursday, July 18th. They issued a “buy” rating and a $21.00 price target for the company. Finally, Wedbush increased their price objective on shares of UMH Properties from $17.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, August 8th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $21.25.

UMH Properties Trading Down 1.2 %

NYSE:UMH opened at $19.44 on Wednesday. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of -129.59, a PEG ratio of 3.47 and a beta of 1.30. The company has a quick ratio of 6.77, a current ratio of 6.77 and a debt-to-equity ratio of 1.49. The company’s 50 day moving average price is $19.20 and its 200-day moving average price is $17.02. UMH Properties has a 52 week low of $13.26 and a 52 week high of $20.64.

UMH Properties (NYSE:UMH) last released its quarterly earnings data on Tuesday, August 6th. The real estate investment trust reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.21). The firm had revenue of $60.33 million for the quarter, compared to the consensus estimate of $59.84 million. UMH Properties had a net margin of 5.79% and a return on equity of 3.17%. During the same quarter in the prior year, the business posted $0.21 earnings per share.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in UMH Properties by 10.6% in the 4th quarter. Vanguard Group Inc. now owns 6,541,226 shares of the real estate investment trust’s stock worth $100,212,000 after purchasing an additional 629,427 shares during the period. Kennedy Capital Management LLC raised its stake in shares of UMH Properties by 245.9% in the first quarter. Kennedy Capital Management LLC now owns 664,377 shares of the real estate investment trust’s stock worth $10,789,000 after buying an additional 472,307 shares during the period. Marshall Wace LLP purchased a new position in shares of UMH Properties during the 2nd quarter valued at about $2,300,000. AQR Capital Management LLC grew its stake in shares of UMH Properties by 268.8% during the 2nd quarter. AQR Capital Management LLC now owns 127,087 shares of the real estate investment trust’s stock valued at $2,032,000 after acquiring an additional 92,625 shares during the period. Finally, North Star Investment Management Corp. grew its stake in shares of UMH Properties by 59.9% during the 1st quarter. North Star Investment Management Corp. now owns 176,186 shares of the real estate investment trust’s stock valued at $2,861,000 after acquiring an additional 66,000 shares during the period. Hedge funds and other institutional investors own 75.40% of the company’s stock.

Insider Transactions at UMH Properties

In other UMH Properties news, Director Kiernan Conway sold 2,700 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $19.54, for a total transaction of $52,758.00. Following the completion of the sale, the director now directly owns 412 shares of the company’s stock, valued at $8,050.48. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 8.63% of the company’s stock.

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.