The stock of UMH Properties Inc (NYSE:UMH) last traded at $16.24, up 2.53% from the previous session.
UMH stock price is now 6.20% away from the 50-day moving average and 7.63% away from the 200-day moving average. The market capitalization of the company currently stands at $1.13B.
, while ‘Wolfe Research’ rates the stock as ‘Peer Perform’
In other news, Carus Jeffrey A, Director bought 99 shares of the company’s stock on Mar 15 ’24. The stock was bought for $1,500 at an average price of $15.12. Upon completion of the transaction, the Director now directly owns 509 shares in the company, valued at $8266.16. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 06 ’24, Chairman LANDY EUGENE W sold 1,108 shares of the business’s stock. A total of $18,005 was realized by selling the stock at an average price of $16.25. This leaves the insider owning 893,758 shares of the company worth $14.51 million. A total of 7.15% of the company’s stock is owned by insiders.
During the past 12 months, UMH Properties Inc has had a low of $13.26 and a high of $16.85. The fifty day moving average price for UMH is $15.29 and a two-hundred day moving average price translates $15.09 for the stock.
The latest earnings results from UMH Properties Inc (NYSE: UMH) was released for Dec, 2023. According to the REIT – Residential Company, earnings per share came in at $0.1, beating analysts’ expectations of $0 by 0.1. This compares to $0.01 EPS in the same period last year. The net profit margin was -3.94% and return on equity was 1.28% for UMH. The company reported revenue of $56.98 million for the quarter, compared to $48.75 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.9 percent. For the current quarter, analysts expect UMH to generate $55.89M in revenue.
