News headlines about UMH Properties (NYSE:UMH) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. UMH Properties earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 47.183227834943 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern’s rankings:
UMH has been the subject of a number of research reports. B. Riley set a $16.00 target price on UMH Properties and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Zacks Investment Research upgraded UMH Properties from a “strong sell” rating to a “hold” rating in a research report on Friday, October 13th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $18.25.
Shares of UMH Properties (NYSE:UMH) traded up $0.09 on Tuesday, hitting $12.45. The company had a trading volume of 146,291 shares, compared to its average volume of 175,517. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.46 and a quick ratio of 4.46. UMH Properties has a 52-week low of $12.25 and a 52-week high of $17.90. The stock has a market capitalization of $449.16, a PE ratio of -56.32, a price-to-earnings-growth ratio of 1.53 and a beta of 0.50.
UMH Properties (NYSE:UMH) last issued its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported ($0.15) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.34). UMH Properties had a return on equity of 0.74% and a net margin of 1.05%. The firm had revenue of $28.69 million for the quarter, compared to analysts’ expectations of $28.79 million. During the same quarter in the previous year, the firm posted ($0.02) earnings per share. The firm’s revenue for the quarter was up 13.1% compared to the same quarter last year. sell-side analysts predict that UMH Properties will post 0.73 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, February 15th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.72 annualized dividend and a yield of 5.78%. UMH Properties’s dividend payout ratio (DPR) is -327.26%.
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UMH Properties Company Profile
UMH Properties, Inc (UMH) is a real estate investment trust (REIT). The Company’s primary business is the ownership and operation of manufactured home communities, including leasing manufactured home sites to private manufactured home owners. The Company also leases homes to residents, and through its taxable REIT subsidiary, UMH Sales and Finance, Inc (S&F), conducts manufactured home sales in its communities.
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