UMH Properties with ticker code (UMH) have now 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 22 and 16.5 calculating the mean target price we have $19.31. Now with the previous closing price of $15.20 and the analysts are correct then we can expect a percentage increase in value of 27.0%. The day 50 moving average is $15.24 and the 200 day moving average is $17.06. The company has a market capitalization of $914m. Find out more information at: https://www.umh.reit
The potential market cap would be $1,162m based on the market consensus.
UMH Properties, which was organized in 1968, is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,700 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama, South Carolina and Georgia. UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate.
The company has a dividend yield of 5.52% with the ex dividend date set at 12-5-2023 (DMY).
