Earnings Outlook For UMH Properties

UMH Properties (NYSE:UMH) will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate UMH Properties to report an earnings per share (EPS) of $0.24.

Investors in UMH Properties are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Historical Earnings Performance

The company's EPS beat by $0.01 in the last quarter, leading to a 0.16% increase in the share price on the following day.

Here's a look at UMH Properties's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.22

0.22

EPS Actual

0.23

0.22

0.23

0.22

Price Change %

0.0%

-4.0%

8.0%

-2.0%

UMH Properties Share Price Analysis

Shares of UMH Properties were trading at $18.4 as of November 04. Over the last 52-week period, shares are up 26.22%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Observations about UMH Properties

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on UMH Properties.

A total of 2 analyst ratings have been received for UMH Properties, with the consensus rating being Buy. The average one-year price target stands at $21.25, suggesting a potential 15.49% upside.

Analyzing Ratings Among Peers

In this comparison, we explore the analyst ratings and average 1-year price ...