UMH Properties, Inc. (UMH)

NYSE: UMH · Real-Time Price · USD
19.15
-0.38 (-1.95%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.95%
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]

Sector Real Estate
Founded 1968
Employees 480
Stock Exchange NYSE
Ticker Symbol UMH
Full Company Profile

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 Statements

Analyst 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.

Price Target
$21.25
(10.97% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

13 days ago - Seeking Alpha

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...

14 days ago - GlobeNewsWire

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...

16 days ago - GlobeNewsWire

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...

4 weeks ago - Seeking Alpha

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.

5 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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.

7 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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'...

2 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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.

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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 ...

5 months ago - GlobeNewsWire

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...

5 months ago - Seeking Alpha

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...

6 months ago - GlobeNewsWire

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...

6 months ago - Seeking Alpha

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 ...

6 months ago - GlobeNewsWire

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...

6 months ago - Seeking Alpha

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...

Other symbols: CWK
6 months ago - Invezz

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 ...

7 months ago - Seeking Alpha