UMH Properties, Inc. (UMH)
Market Cap | 1.51B |
Revenue (ttm) | 235.20M |
Net Income (ttm) | 9.28M |
Shares Out | 78.90M |
EPS (ttm) | 0.12 |
PE Ratio | 162.52 |
Forward PE | 91.19 |
Dividend | $0.86 (4.49%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 138,498 |
Open | 19.35 |
Previous Close | 19.53 |
Day's Range | 19.11 - 19.41 |
52-Week Range | 13.91 - 20.64 |
Beta | 1.29 |
Analysts | Strong Buy |
Price Target | 21.25 (+10.97%) |
Earnings Date | Nov 6, 2024 |
About UMH
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,800 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama, South Carolina and Georgia. UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate [Read more]
Financial Performance
In 2023, UMH Properties's revenue was $220.12 million, an increase of 12.82% compared to the previous year's $195.11 million. Losses were -$8.71 million, -75.97% less than in 2022.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for UMH stock is "Strong Buy." The 12-month stock price forecast is $21.25, which is an increase of 10.97% from the latest price.
News
UMH Properties, Inc. (UMH) Q3 2024 Earnings Call Transcript
UMH Properties, Inc. (NYSE:UMH) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Craig Koster – Executive Vice President and General Counsel Eugene Landy – Founder a...
UMH PROPERTIES, INC. REPORTS RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2024
FREEHOLD, NJ, Nov. 06, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended September 30, 2024 of $60.7 million, as compared to $56.0 million...
UMH PROPERTIES, INC. SURPASSES 1,000 SELF-STORAGE UNITS
FREEHOLD, NJ, Nov. 04, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) announced that on November 1, 2024, the company closed on an acquisition of a self-storage facility adjoining...
These REITs Trade At Premiums, But Should They?
REIT sectors are often mispriced due to broad-brush analysis; individual property types react differently to economic news, creating investment opportunities. Industrial REITs face weakened fundamenta...
UMH PROPERTIES, INC. REPORTS ON THE IMPACT OF HURRICANE MILTON
FREEHOLD, NJ, Oct. 11, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) reported today on the impact of Hurricane Milton on its portfolio of manufactured housing communities.
UMH PROPERTIES, INC. Q3 2024 OPERATIONS UPDATE
FREEHOLD, NJ, Oct. 03, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH), a real estate investment trust (REIT) specializing in the ownership and operation of manufactured home com...
UMH PROPERTIES, INC. REPORTS ON THE IMPACT OF HURRICANE HELENE
FREEHOLD, NJ, Oct. 02, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) reported today on the impact of Hurricane Helene on its portfolio of manufactured housing communities.
UMH PROPERTIES, INC. WILL PRESENT TO THE PHILADELPHIA SECURITIES ASSOCIATION
FREEHOLD, NJ, Oct. 02, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) announced that it will present to the Philadelphia Securities Association (PSA) on Wednesday, October 9, 20...
UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS
FREEHOLD, NJ, Oct. 01, 2024 (GLOBE NEWSWIRE) -- On October 1, 2024, the Board of Directors of UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) declared its quarterly cash dividend on the Company's Common St...
UMH PROPERTIES, INC. WILL HOST THIRD QUARTER 2024 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL
FREEHOLD, NJ, Sept. 23, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced that it will...
UMH Properties: Elevated P/FFO On A Flimsy Foundation (Rating Downgrade)
UMH Properties has shown strong growth and operational improvements, with Q2'24 results showing improving occupancy and FFO growth. Despite solid fundamentals, the recent 30%+ surge in UMH Properties'...
SAMUEL A. LANDY, PRESIDENT AND CHIEF EXECUTIVE OFFICER OF UMH PROPERTIES, INC., INDUCTED INTO THE RV/MH HALL OF FAME
FREEHOLD, NJ, Aug. 20, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) is pleased to announce that on August 19, 2024, Samuel A. Landy, President and Chief Executive Officer, was...
UMH PROPERTIES, INC. ANNOUNCES PROMOTION OF T.C.
FREEHOLD, NJ, Aug. 08, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) is proud to promote T.C. Sheppard to Senior Vice President of Sales and Consumer Finance.
UMH Properties, Inc. (UMH) Q2 2024 Earnings Call Transcript
UMH Properties, Inc. (NYSE:UMH) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Craig Koster - EVP and General Counsel Samuel Landy - President and CEO Anna Chew - EV...
UMH PROPERTIES, INC. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2024
FREEHOLD, NJ, Aug. 06, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended June 30, 2024 of $60.3 million as compared to $55.3 million for t...
UMH PROPERTIES, INC. SECOND QUARTER 2024 OPERATIONS UPDATE
FREEHOLD, NJ, July 10, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in the ownership and operation of manufactured home commu...
UMH Properties Preferred Shares: 7% Yield, Riding Long-Term Housing Demand
UMH Properties benefits from the ongoing US housing shortage - it's a major manufactured home company. UMH has waiting lists for its homes, in addition to having a strong pipeline of sites. UMH has st...
UMH PROPERTIES, INC. WILL HOST SECOND QUARTER 2024 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL
FREEHOLD, NJ, June 26, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced that it will ...
The State Of REITs: June 2024 Edition
After a rough start to the year, REITs partially bounced back in May with a +2.51% average total return. Small-cap REITs (-0.48%) averaged a negative return in May, but micro caps (+5.09%), large caps...
UMH PROPERTIES, INC. WILL ATTEND AND SHOWCASE TWO DUPLEX HOMES AT THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT'S ANNUAL INNOVATIVE HOUSING SHOWCASE
FREEHOLD, NJ, June 03, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), today announced that the Company will attend the Department of Housing and Urban Development's annual Innova...
UMH Properties: Riding Long-Term Housing Demand, 7% Preferred Yield
UMH Properties, Inc. is benefiting from the ongoing housing shortage in the U.S., with strong demand for affordable housing. The company has transformed communities and increased the supply of quality...
UMH PROPERTIES, INC. TO PARTICIPATE IN NAREIT'S REITWEEK: 2024 INVESTOR CONFERENCE
FREEHOLD, NJ, May 28, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), today announced that the Company will participate in Nareit's REITweek: 2024 Investor Conference, to be held ...
UMH Properties: A Housing Play With Promise
Within the housing sector, market conditions over the next several months imply a continuation in the gap between buying and renting. The manufactured home sector is benefiting from high demand due to...
5 real estate stocks to diversify with in May as realty market picks up pace
They say that one of life's never-ending quests is the search for good real estate, and that certainly seems true of investors. Having a stake in an appreciating, high-value property can round out you...
UMH Properties, Inc. (UMH) Q1 2024 Earnings Call Transcript
UMH Properties, Inc. (NYSE:UMH) Q1 2024 Earnings Conference Call May 3, 2024 10:00 AM ET Company Participants Craig Koster - Executive Vice President and General Counsel Samuel Landy - President and ...