UMH Properties, Inc. Common Sto (NYSE:UMH):
UMH Properties, Inc. Will Host Third Quarter 2016 Financial Results Webcast And Conference Call.
The company is now down since yesterday’s close of $12.07.
The company also announced a dividend for shareholders that was paid on Thursday September 15th, 2016. The dividend payment was $0.180 per share for the quarter which comes to $0.72 on an annualized basis. This dividend amount represented a yeild of $5.88. The ex-dividend date was Thursday the 11th of August 2016.
It is currently trading at $11.94 which is marginally higher than the 50 day moving average which is $11.96 and which is marginally over the 200 day moving average of $10.98. The 50 day moving average went up $0.00 or +0.01% and the 200 day average went up by +8.92%.
In the last earnings report the EPS was $-0.19 and is estimated to be $0.73 for the current year with 27,688,000 shares now outstanding. Next quarter’s EPS is forecasted to be $0.19 with next year’s EPS anticipated to be $0.83.
Ratings firms have released ratings on the stock of late. On March 11, 2016 the stock rating was set at “Buy” by Wunderlich which is up from the previous “Hold” rating. On April 10 analysts at Wunderlich added the stock to its research portfolio giving it an initial rating of “Hold” and price target of $10.00.