UMH Properties, Inc. (UMH)
NYSE: UMH · IEX Real-Time Price · USD
15.66
+0.03 (0.19%)
Apr 26, 2024, 4:00 PM EDT - Market closed
UMH Properties Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for UMH Properties stock have an average target of 19.2, with a low estimate of 17 and a high estimate of 21.5. The average target predicts an increase of 22.61% from the current stock price of 15.66.
Analyst Consensus: Buy
* Price targets were last updated on Mar 25, 2024.
Analyst Ratings
The average analyst rating for UMH Properties stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Hold Initiates $17 | Hold | Initiates | $17 | +8.56% | Mar 25, 2024 |
| Compass Point | Compass Point | Strong Buy Maintains $20 → $22 | Strong Buy | Maintains | $20 → $22 | +37.29% | Mar 21, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $19 | Strong Buy | Initiates | $19 | +18.14% | Mar 21, 2024 |
| Wedbush | Wedbush | Buy Maintains $19 → $20 | Buy | Maintains | $19 → $20 | +27.71% | Aug 11, 2023 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jul 12, 2023 |
Financial Forecast
Revenue This Year
236.28M
from 220.93M
Increased by 6.95%
Revenue Next Year
249.86M
from 236.28M
Increased by 5.75%
EPS This Year
0.05
from -0.15
EPS Next Year
0.19
from 0.05
Increased by 245.69%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 267.4M | 283.5M |
| Avg | 236.3M | 249.9M |
| Low | 202.8M | 220.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 21.0% | 20.0% |
| Avg | 7.0% | 5.7% |
| Low | -8.2% | -6.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.11 | 0.22 | 0.28 |
| Avg | 0.05 | 0.19 | 0.27 |
| Low | -0.02 | 0.17 | 0.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 304.3% | 50.4% |
| Avg | - | 245.7% | 44.6% |
| Low | - | 205.5% | 40.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.