B. Riley analyst John Massocca lowered the firm’s price target on UMH Properties (UMH) to $21.50 from $22.50 and keeps a Buy rating on the shares. UMH’s Q1 results represent another quarter of steady execution, with high-single-digit same property Net Operating Income growth on mid-single-digit rental rate growth and incremental increases in total portfolio occupancy, the analyst tells investors in a research note. B. Riley continues to see UMH as poised for strong bottom-line per-share growth, but believes growth will be contingent on execution on multiple fronts.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UMH:
- UMH Properties price target lowered to $20.50 from $22 at Maxim
- UMH Properties, Inc.: Hold Rating Amid Stable Outlook and Valuation Concerns
- UMH Properties Reports Strong Q1 2025 Earnings
- UMH Properties Balances Growth and Challenges in Q1 2025
- UMH Properties reports Q1 normalized FFO 23c, consensus 22c
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue