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UMH Properties Inc has a consensus price target of $20.71 based on the ratings of 8 analysts. The high is $22.5 issued by B. Riley Securities on August 15, 2024. The low is $19 issued by EF Hutton on May 10, 2023. The 3 most-recent analyst ratings were released by B. Riley Securities, Wedbush, and Alliance Global Partners on August 15, 2024, August 8, 2024, and July 18, 2024, respectively. With an average price target of $21.17 between B. Riley Securities, Wedbush, and Alliance Global Partners, there's an implied 10.65% upside for UMH Properties Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for UMH Properties (NYSE:UMH) was reported by B. Riley Securities on August 15, 2024. The analyst firm set a price target for $22.50 expecting UMH to rise to within 12 months (a possible 17.62% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for UMH Properties (NYSE:UMH) was provided by B. Riley Securities, and UMH Properties maintained their buy rating.
There is no last upgrade for UMH Properties
The last downgrade for UMH Properties Inc happened on July 12, 2023 when Wolfe Research changed their price target from N/A to N/A for UMH Properties Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of UMH Properties, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for UMH Properties was filed on August 15, 2024 so you should expect the next rating to be made available sometime around August 15, 2025.
While ratings are subjective and will change, the latest UMH Properties (UMH) rating was a maintained with a price target of $18.50 to $22.50. The current price UMH Properties (UMH) is trading at is $19.13, which is within the analyst’s predicted range.
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