UMH Properties (NYSE:UMH) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

UMH Properties, Inc. (NYSE:UMH)’s share price passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $15.41 and traded as high as $15.74. UMH Properties shares last traded at $15.41, with a volume of 535,585 shares traded.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on UMH. Odeon Capital Group set a $17.50 price objective on shares of UMH Properties in a research note on Thursday, July 9th. Weiss Ratings reissued a “hold (c)” rating on shares of UMH Properties in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, UMH Properties currently has an average rating of “Moderate Buy” and a consensus target price of $17.25.

UMH Properties Price Performance

The company has a market cap of $1.32 billion, a PE ratio of 128.46 and a beta of 0.97. The business has a 50 day moving average of $15.88 and a 200 day moving average of $15.41. The company has a debt-to-equity ratio of 1.28, a current ratio of 6.90 and a quick ratio of 6.90.

UMH Properties (NYSE:UMH) last issued its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. The business had revenue of $71.64 million for the quarter, compared to the consensus estimate of $60.76 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. As a group, research analysts predict that UMH Properties, Inc. will post 1.01 EPS for the current year.

UMH Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 17th were paid a $0.2250 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend was Monday, August 17th. UMH Properties’s dividend payout ratio is presently 750.00%.

Institutional Trading of UMH Properties

Several large investors have recently bought and sold shares of UMH. Allworth Financial LP bought a new position in shares of UMH Properties in the 2nd quarter worth approximately $45,000. Summit Securities Group LLC bought a new stake in shares of UMH Properties during the first quarter valued at approximately $46,000. State of Wyoming purchased a new stake in UMH Properties in the second quarter worth $72,000. Bard Associates Inc. bought a new position in UMH Properties in the second quarter worth $128,000. Finally, AlphaCentric Advisors LLC bought a new position in UMH Properties in the first quarter worth $144,000. 75.40% of the stock is owned by institutional investors.

About UMH Properties

UMH Properties, Inc is a real estate investment trust that owns and operates manufactured housing communities in the United States. The company provides residents with affordable housing options through land-lease communities, where homeowners typically own their manufactured homes while leasing the underlying land from UMH.

UMH’s activities include acquiring, developing, expanding and managing manufactured housing communities, as well as selling and leasing manufactured homes. Its portfolio includes company-owned homes that are offered for rent, providing an additional source of housing for residents who may prefer not to purchase a home.

Founded in 1968, UMH serves markets primarily in the Midwest and Mid-Atlantic regions, including communities in states such as Ohio, Indiana, Michigan, Pennsylvania, Tennessee, New Jersey, New York, Maryland, Illinois, Alabama and Kentucky.