Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

UMH Properties, Inc. (NASDAQ:UMH) To Release Earnings

Analysts await UMH Properties, Inc. (NASDAQ:UMH) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $0.15 EPS, up 13.33% or $0.02 from last year’s $0.13 per share.

At the moment 2 analysts are watching UMH Properties, Inc. (NASDAQ:UMH), 1 rate it “Buy”, 1 “Outperform”, 0 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 2 analysts have a mean sales target of 23.30 million. For the quarter ending Sep-16, 2 analysts have a mean sales target of 24.69 million whilst for the year ending Dec-16, 2 analysts have a mean target of 95.13 million.

In terms of earnings per share, 1 analyst has a -0.08 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 1 analyst has a -0.07 EPS mean target and for the quarter ending Sep-16 there are 1 estimate of -0.29 EPS.

The biggest institutional shareholders in UMH Properties, Inc. include Wells Fargo Bank NA which owns 2 million shares in the company valued at $17.18 million. Rutabaga Capital Management Llc is the second biggest holder with 1 million shares currently valued at 12.25 million whilst Boulegeris Investments Inc has 1 million shares valued at 10.20 million.

Total shares held by institutions as of the most recent company filings are 11,163,256 with a reported 2,206,652 bought and 292,926 sold. These holdings make up 41.17% of the company’s outstanding shares.

Currently insiders hold 1,587,164 shares in the business which makes up 5.85% of shares. The biggest holder currently is Mr. Eugene W. Landy who owns 620,812 shares (2.29% of those outstanding), whilst Mr. Samuel A. Landy holds 416,775 (1.54% of shares outstanding) and Mr. Michael P. Landy holds 223,923 (0.83% of shares outstanding).

The stock increased 0.41% or $0.04 during the last trading session, hitting $9.85. UMH Properties, Inc. (NASDAQ:UMH) has risen 5.69% over the past 6 months and is uptrending.

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