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Amy Lynn Butewicz, a director of UMH Properties, INC. (NYSE:UMH), sold 2,800 shares of the company’s stock on June 20, 2025. The shares were sold at a price of $16.95, for a total transaction value of $47,460.
Following the transaction, Butewicz directly owns 11,388.5 shares of UMH Properties, Inc.
In addition, Butewicz holds options to purchase 11,000 shares of UMH Properties, Inc. at an exercise price of $15.80, 10,000 shares at an exercise price of $14.36 and 12,000 shares at an exercise price of $16.86.
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 came in at $61.23 million compared to the anticipated $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. Lucid (NASDAQ:LCID) Capital Markets adjusted its outlook on UMH Properties by reducing the price target to $21 from $22, while maintaining a Buy rating. The firm also revised its 2025 and 2026 NFFO/AFFO estimates slightly downward.
UMH Properties introduced solar shingle homes and duplex manufactured homes as part of its growth strategy, with rental home occupancy rising to 94.6%. The company expanded its market capitalization by 18% to $2.5 billion. Lucid Capital Markets noted that UMH Properties shares are trading at a significant discount to their Net Asset Value (NAV), estimating the NAV at $22.99 per share. The firm anticipates that UMH will continue to achieve significant same-store Net Operating Income (NOI) growth, attributed to increased occupancy rates.
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