UMH Properties with ticker code (UMH) now have 8 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 22 and 19 calculating the mean target price we have $20.00. Now with the previous closing price of $14.30 this is indicating there is a potential upside of 39.9%. There is a 50 day moving average of $16.85 and the 200 moving average now moves to $17.58. The market capitalization for the company is $853m. You can visit the company’s website by visiting: https://www.umh.reit
The potential market cap would be $1,193m based on the market consensus.
UMH Properties, which was organized in 1968, is a public equity REIT that owns and operates 124 manufactured home communities containing approximately 23,400 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland. In addition, the Company owns a portfolio of REIT securities.
The company has a dividend yield of 5.58% with the ex dividend date set at 14-2-2023 (DMY).
