Somewhat Favorable News Coverage Somewhat Unlikely to Impact UMH Properties (UMH) Stock Price

Media stories about UMH Properties (NYSE:UMH) have trended somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of 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 0.11 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 45.1902749093931 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of UMH Properties (UMH) traded up $0.09 during mid-day trading on Friday, reaching $14.00. The company had a trading volume of 117,100 shares, compared to its average volume of 144,813. The firm has a market capitalization of $488.97, a PE ratio of -63.64, a PEG ratio of 1.62 and a beta of 0.61. UMH Properties has a 52-week low of $13.65 and a 52-week high of $17.90. The company has a debt-to-equity ratio of 1.98, a quick ratio of 4.46 and a current ratio of 4.46.

UMH Properties (NYSE:UMH) last issued its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.34). The firm had revenue of $28.69 million for the quarter, compared to analyst estimates of $28.79 million. UMH Properties had a return on equity of 0.74% and a net margin of 1.05%. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.02) earnings per share. sell-side analysts anticipate that UMH Properties will post 0.73 EPS for the current year.

Several equities analysts recently issued reports on the company. Zacks Investment Research cut UMH Properties from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. B. Riley reaffirmed a “buy” rating and set a $17.50 price objective on shares of UMH Properties in a report on Tuesday, November 21st. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. UMH Properties presently has a consensus rating of “Buy” and an average target price of $18.50.

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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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