UMH Properties, Inc. which can be found using ticker (UMH) have now 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 22 and 16.5 and has a mean target at $19.31. Given that the stocks previous close was at $14.80 this indicates there is a potential upside of 30.5%. The 50 day moving average now sits at $15.98 and the 200 day moving average is $17.25. The company has a market capitalization of $875m. Visit the company website at: https://www.umh.reit
The potential market cap would be $1,141m based on the market consensus.
UMH Properties, Inc., 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 5.62% with the ex dividend date set at 12-5-2023 (DMY).
