Umh Properties Stock News

Samuel Landy, UMH Properties CEO, joins 'The Exchange' to discuss its business, which specializes in selling and renting manufactured homes.

FREEHOLD, NJ, Dec. 09, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) today announced that it has entered into a joint venture with Nuveen Real Estate, a TIAA company. The purpose of the joint venture is the greenfield development or acquisition of new manufactured housing communities with an initial capital commitment of up to $170 million. UMH will have a 40% stake in the Joint Venture and serve as the managing member and operating member of the joint venture. UMH will earn customary fees associated with property and asset management.

Equities analysts predict that UMH Properties, Inc. (NYSE:UMH) will announce $0.22 earnings per share for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for UMH Properties earnings, with the highest EPS estimate coming in at $0.23 and the lowest estimate coming in at $0.21. UMH Properties reported earnings of $0.20 per []

Nisa Investment Advisors LLC raised its position in UMH Properties, Inc. (NYSE:UMH) by 6.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 29,374 shares of the real estate investment trusts stock after purchasing an additional 1,762 shares during the quarter. Nisa Investment Advisors LLCs holdings in UMH Properties were worth $673,000 at []

UMH Properties, Inc. (NYSE:UMH) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 364,200 shares, a decline of 25.0% from the October 31st total of 485,600 shares. Approximately 0.8% of the companys shares are sold short. Based on an average trading volume of []

TheStreet lowered shares of UMH Properties (NYSE:UMH) from a b- rating to a c rating in a research report report published on Monday morning, TheStreetRatingsTable reports. Several other research firms also recently weighed in on UMH. Aegis raised their price objective on UMH Properties from $27.00 to $30.00 and gave the company a buy rating []

UMH Properties, Inc. (NYSE:UMH) Director Steven B. Wolgin sold 1,000 shares of the firms stock in a transaction on Monday, November 29th. The stock was sold at an average price of $23.19, for a total value of $23,190.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible []

UMH Properties, Inc. (NYSE:UMH) Director Steven B. Wolgin sold 1,000 shares of UMH Properties stock in a transaction dated Monday, November 29th. The stock was sold at an average price of $23.19, for a total transaction of $23,190.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be []

Price T Rowe Associates Inc. MD lessened its holdings in UMH Properties, Inc. (NYSE:UMH) by 18.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,226 shares of the real estate investment trusts stock after selling 5,973 shares during the quarter. Price []

REIT Valuation Today - Kurtosis Reveals Why Quality Is Currently Cheap

Brokerages forecast that UMH Properties, Inc. (NYSE:UMH) will report $48.15 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for UMH Properties earnings. The lowest sales estimate is $47.25 million and the highest is $49.80 million. UMH Properties posted sales of $42.83 million in the same quarter last []

Equities analysts expect UMH Properties, Inc. (NYSE:UMH) to report earnings of $0.22 per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for UMH Properties earnings, with the highest EPS estimate coming in at $0.23 and the lowest estimate coming in at $0.21. UMH Properties reported earnings of $0.20 per []

UMH Properties with ticker code (UMH) have now 7 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 31 and 26 with a mean TP of 28.5. Now with the previous closing price of 23.52 this now indicates there is a potential upside of 21.2%. The 50 day moving average now sits at 23.65 while the 200 day moving average is 21.76. The company has a market cap of $1,147m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="UMH" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] UMH Properties, which was organized in 1968, is a public equity REIT that owns and operates 124 manufactured home communities containing approximately 23,400 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland. In addition, the Company owns a portfolio of REIT securities. This article UMH Properties Consensus Indicates Potential 21.

UMH Properties, Inc. (NYSE:UMH) Director Steven B. Wolgin sold 2,000 shares of the companys stock in a transaction on Monday, November 15th. The shares were sold at an average price of $22.92, for a total value of $45,840.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed []

Nuveen Asset Management LLC increased its position in UMH Properties, Inc. (NYSE:UMH) by 44.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 224,708 shares of the real estate investment trusts stock after buying an additional 69,310 shares during the quarter. Nuveen Asset []