Press coverage about UMH Properties (NYSE:UMH) has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. UMH Properties earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 45.1902749093931 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
UMH Properties (NYSE UMH) traded up $0.09 during trading on Friday, reaching $14.00. The company’s stock had a trading volume of 117,100 shares, compared to its average volume of 144,813. UMH Properties has a 52 week low of $13.65 and a 52 week high of $17.90. The company has a quick ratio of 4.46, a current ratio of 4.46 and a debt-to-equity ratio of 1.98. The firm has a market cap of $488.97, a PE ratio of -63.64, a price-to-earnings-growth ratio of 1.62 and a beta of 0.61.
UMH Properties (NYSE:UMH) last posted its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.34). UMH Properties had a return on equity of 0.74% and a net margin of 1.05%. The company had revenue of $28.69 million for the quarter, compared to analyst estimates of $28.79 million. During the same period in the previous year, the business posted ($0.02) earnings per share. The firm’s revenue was up 13.1% compared to the same quarter last year. equities analysts predict that UMH Properties will post 0.73 EPS for the current year.
A number of research firms have weighed in on UMH. B. Riley reaffirmed a “buy” rating on shares of UMH Properties in a research report on Wednesday, November 1st. Zacks Investment Research raised UMH Properties from a “sell” rating to a “hold” rating in a research report on Friday. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $18.50.
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About UMH Properties
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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