According to mideasttime.com, analysts at Wunderlich assumed coverage on real estate investment trust (REIT) UMH Properties, Inc., issuing a “hold rating” and a $10.00 price target on the stock. That target would indicate an increase of 1.21 percent over the previous close. The stock opened at $9.87 on Thurs., April 10 and closed at $9.78 on Fri., April 11. The company has announced a quarterly dividend of $0.18 per share to be paid June 16. Analysts anticipate earnings per share this fiscal year of $0.66. As MHProNews knows, UMH owns and operates 82 manufactured housing communities (MHCs) consisting of 14,500 developed homesites. ##

(Photo credit: UMH Properties, Inc.)