UMH PROPERTIES/SH SH (NYSE:UMH) – Stock analysts at B. Riley issued their Q1 2020 earnings per share estimates for UMH PROPERTIES/SH SH in a report released on Thursday, March 14th. B. Riley analyst C. Kucera forecasts that the real estate investment trust will post earnings per share of $0.23 for the quarter. B. Riley also issued estimates for UMH PROPERTIES/SH SH’s Q2 2020 earnings at $0.23 EPS, Q3 2020 earnings at $0.24 EPS, Q4 2020 earnings at $0.25 EPS and FY2020 earnings at $0.95 EPS.

Several other equities analysts have also issued reports on UMH. Boenning Scattergood reaffirmed a “buy” rating and set a $19.50 price objective on shares of UMH PROPERTIES/SH SH in a report on Monday. Zacks Investment Research raised UMH PROPERTIES/SH SH from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a report on Tuesday.

Shares of UMH stock opened at $13.53 on Friday. The stock has a market cap of $522.75 million, a price-to-earnings ratio of 18.28, a PEG ratio of 1.62 and a beta of 0.76. UMH PROPERTIES/SH SH has a 1 year low of $11.14 and a 1 year high of $16.69. The company has a debt-to-equity ratio of 3.23, a quick ratio of 4.16 and a current ratio of 4.16.

UMH PROPERTIES/SH SH (NYSE:UMH) last issued its quarterly earnings data on Thursday, March 7th. The real estate investment trust reported ($0.87) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.83). The firm had revenue of $34.25 million for the quarter, compared to analysts’ expectations of $33.35 million. UMH PROPERTIES/SH SH had a negative return on equity of 35.79% and a negative net margin of 43.63%.

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in UMH PROPERTIES/SH SH by 11.7% in the third quarter. Vanguard Group Inc. now owns 3,459,170 shares of the real estate investment trust’s stock valued at $54,101,000 after purchasing an additional 361,864 shares during the period. Vanguard Group Inc lifted its position in shares of UMH PROPERTIES/SH SH by 11.7% during the 3rd quarter. Vanguard Group Inc now owns 3,459,170 shares of the real estate investment trust’s stock valued at $54,101,000 after acquiring an additional 361,864 shares during the period. BlackRock Inc. lifted its position in shares of UMH PROPERTIES/SH SH by 4.6% during the 4th quarter. BlackRock Inc. now owns 2,632,656 shares of the real estate investment trust’s stock valued at $31,170,000 after acquiring an additional 114,828 shares during the period. Investment Counselors of Maryland LLC lifted its position in shares of UMH PROPERTIES/SH SH by 109.3% during the 4th quarter. Investment Counselors of Maryland LLC now owns 918,300 shares of the real estate investment trust’s stock valued at $10,873,000 after acquiring an additional 479,576 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in shares of UMH PROPERTIES/SH SH by 20.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 581,139 shares of the real estate investment trust’s stock worth $9,089,000 after purchasing an additional 99,841 shares in the last quarter. Hedge funds and other institutional investors own 58.23% of the company’s stock.

In other UMH PROPERTIES/SH SH news, insider Umh Properties, Inc. bought 11,958 shares of the firm’s stock in a transaction dated Monday, December 17th. The stock was acquired at an average price of $13.72 per share, for a total transaction of $164,063.76. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have bought 12,124 shares of company stock valued at $166,066 in the last quarter. Insiders own 10.89% of the company’s stock.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, February 15th will be paid a dividend of $0.18 per share. The ex-dividend date is Thursday, February 14th. This represents a $0.72 annualized dividend and a dividend yield of 5.32%. UMH PROPERTIES/SH SH’s dividend payout ratio (DPR) is 97.30%.

UMH PROPERTIES/SH SH Company Profile

UMH Properties, Inc, which was organized in 1968, is a public equity REIT that owns and operates 115 manufactured home communities containing approximately 20,700 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland.

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Earnings History and Estimates for UMH PROPERTIES/SH SH (NYSE:UMH)

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