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Director Amy Lynn Butewicz of UMH Properties (NYSE:UMH), a $1.39 billion market cap company currently trading at $16.56, sold 2,800 shares of company stock on June 20, 2025. The shares were sold at a price of $16.95, for a total transaction value of $47,460. According to InvestingPro analysis, UMH is currently trading above its Fair Value, with a P/E ratio of 150.7x.
Following the transaction, Butewicz directly owns 11,388.5 shares of UMH Properties.
Butewicz also holds options to acquire 11,000 shares at an exercise price of $15.80, expiring on January 10, 2034, options to acquire 10,000 shares at an exercise price of $14.36, expiring on March 21, 2033 and options to acquire 12,000 shares at an exercise price of $16.86, expiring on June 16, 2035.
In other recent news, UMH Properties reported its first-quarter 2025 earnings, revealing that both earnings per share (EPS) and revenue fell short of analyst expectations. The company’s EPS was reported at $0.00, missing the forecast of $0.036, while revenue totaled $61.23 million against a projected $62.88 million. Despite these misses, UMH Properties saw a 5% year-over-year increase in normalized funds from operations (FFO), reaching $0.23 per diluted share. Additionally, rental and related income grew by 8% to $54.6 million, driven by increased same-property income and community net operating income (NOI).
Lucid (NASDAQ:LCID) Capital Markets responded to the earnings report by adjusting its outlook on UMH Properties, reducing the price target to $21 from the previous $22, while maintaining a Buy rating on the stock. The firm also revised its 2025 and 2026 NFFO/AFFO estimates, reflecting the latest financial results. Despite these adjustments, Lucid Capital Markets noted that UMH Properties shares are trading at a discount to their estimated Net Asset Value (NAV) of $22.99 per share. The firm expects UMH to continue achieving significant same-store NOI growth, attributed to increased occupancy rates and the deployment of rental units.
UMH Properties is also looking to boost growth through the introduction of solar shingle homes and duplex manufactured homes. The company maintains a positive outlook for 2025, with full-year normalized FFO guidance set between $0.96 and $1.04 per share and anticipates a 5% growth in rent. Additionally, UMH is exploring acquisition opportunities to further expand its portfolio.
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