If You Invested $10,000 In UMH Properties Stock 10 Years Ago, How Much Would You Have Now?

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UMH Properties, Inc. UMH is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,800 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama, South Carolina and Georgia.

If You Bought UMH Properties Stock 10 Years Ago

The company's stock traded at approximately $9.72 per share 10 years ago. If you had invested $10,000, you could have bought roughly 1,029 shares. Currently, shares trade at $18.19, meaning your investment's value could have grown to $18,714 from stock price appreciation alone. However, UMH Properties also paid dividends during these 10 years. 

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UMH Properties' dividend yield is currently 4.69%. Over the last 10 years, it has paid about $7.35 in dividends per share, which means you could have made $7,557 from dividends alone. 

Summing up $18,714 and $7,557, we end up with the final value of your investment, which is $26,271. This is how much you could have made if you had invested $10,000 in UMH Properties stock 10 years ago. This means a total return of 162.71%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 228.96%.

What Could The Next 10 Years Bring? 

UMH Properties has a consensus rating of "Buy" and a price target of $20.71 based on the ratings of eight analysts. The price target implies a nearly 14% potential upside from the current stock price.

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On Nov. 6, the company announced its Q3 2024 earnings, posting an FFO of $0.24, in line with expectations and revenues of $60.671 million, beating the consensus of $58.816 million, as reported by Benzinga.

"We are also updating our 2024 guidance, which previously was normalized FFO in a range of $0.91-$0.95 per diluted share for the full year or $0.93 at the midpoint. We are tightening this range to $0.92-$0.94. This represents approximately 8% annual NFFO growth at the midpoint over full year 2023 NFFO of $0.86 per diluted share," commented Samuel A. Landy, President and CEO of UMH Properties.

Given the expected upside potential of 14%, growth-focused investors may find UMH Properties stock attractive. Furthermore, they can benefit from the company's solid dividend yield of 4.69%.

Check out this article by Benzinga for three more stocks that offer high dividend yields. 

Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

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