UMH Properties (UMH) Receiving Somewhat Favorable Media Coverage, Report Finds

News stories about UMH Properties (NYSE:UMH) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. UMH Properties earned a news impact score of 0.10 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 44.9747233164564 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

A number of equities analysts recently issued reports on UMH shares. Zacks Investment Research cut UMH Properties from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. B. Riley restated 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 stock. The company presently has an average rating of “Buy” and an average target price of $18.50.

UMH Properties (NYSE UMH) traded up $0.02 on Wednesday, reaching $14.00. The company had a trading volume of 178,000 shares, compared to its average volume of 145,140. UMH Properties has a one year low of $13.65 and a one year high of $17.90. The company has a current ratio of 4.46, a quick ratio of 4.46 and a debt-to-equity ratio of 1.98. The stock has a market cap of $488.28, a PE ratio of -63.63, a P/E/G ratio of 1.58 and a beta of 0.61.

UMH Properties (NYSE:UMH) last issued its earnings results on Thursday, November 2nd. The real estate investment trust reported ($0.15) earnings per share 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 during the quarter, compared to analysts’ expectations of $28.79 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share. UMH Properties’s quarterly revenue was up 13.1% compared to the same quarter last year. sell-side analysts anticipate that UMH Properties will post 0.73 EPS for the current fiscal year.

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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.

Insider Buying and Selling by Quarter for UMH Properties (NYSE:UMH)

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