UMH Properties, Inc. (UMH)

NYSE: UMH · IEX Real-Time Price · USD
15.24
+0.07 (0.46%)
Apr 18, 2024, 4:00 PM EDT - Market closed
0.46%
Market Cap 1.06B
Revenue (ttm) 220.93M
Net Income (ttm) -8.71M
Shares Out 69.36M
EPS (ttm) -0.15
PE Ratio n/a
Forward PE 290.18
Dividend $0.86 (5.64%)
Ex-Dividend Date May 14, 2024
Volume 238,816
Open 15.20
Previous Close 15.17
Day's Range 15.07 - 15.32
52-Week Range 13.26 - 16.85
Beta 1.25
Analysts Buy
Price Target 19.20 (+25.98%)
Earnings Date May 2, 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
CEO Samuel A. Landy
Employees 480
Stock Exchange NYSE
Ticker Symbol UMH
Full Company Profile

Financial Performance

In 2023, UMH Properties's revenue was $220.93 million, an increase of 12.85% compared to the previous year's $195.78 million. Losses were -$8.71 million, -75.97% less than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for UMH stock is "Buy." The 12-month stock price forecast is $19.2, which is an increase of 25.98% from the latest price.

Price Target
$19.2
(25.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

UMH PROPERTIES, INC. PUBLISHES ITS 2023 SUSTAINABILITY REPORT

FREEHOLD, NJ, April 05, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced today that i...

13 days ago - GlobeNewsWire

UMH PROPERTIES, INC. HONORED WITH MANUFACTURED HOUSING INSTITUTE'S COMMUNITY OPERATOR OF THE YEAR

FREEHOLD, NJ, April 04, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE: UMH) is pleased to announce that on April 4, 2024, UMH was named Manufactured Housing Institute's Community Oper...

14 days ago - GlobeNewsWire

UMH PROPERTIES, INC. EXPANDS ITS EXISTING UNSECURED REVOLVING CREDIT AGREEMENT

FREEHOLD, NJ, April 03, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE:UMH), announced today that it has expanded its existing unsecured revolving credit facility (the “Facility”) fro...

15 days ago - GlobeNewsWire

UMH PROPERTIES, INC. DECLARES PREFERRED DIVIDEND

FREEHOLD, NJ, April 01, 2024 (GLOBE NEWSWIRE) -- On April 1, 2024, the Board of Directors of UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) declared a quarterly dividend of $0.3984375 per share for the pe...

17 days ago - GlobeNewsWire

UMH PROPERTIES, INC. ANNOUNCES DIVIDEND INCREASE

FREEHOLD, NJ, April 01, 2024 (GLOBE NEWSWIRE) -- On April 1, 2024, UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) announced today that its Board of Directors approved a 4.9% increase in the Company's quar...

17 days ago - GlobeNewsWire

UMH PROPERTIES, INC. WILL HOST FIRST QUARTER 2024 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL

FREEHOLD, NJ, March 25, 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...

24 days ago - GlobeNewsWire

UMH PROPERTIES, INC. PUBLISHES ITS 2023 ANNUAL REPORT

FREEHOLD, NJ, March 20, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced today that i...

4 weeks ago - GlobeNewsWire

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2023

FREEHOLD, NJ, Feb. 28, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income of $220.9 million for the year ended December 31, 2023 as compared to $195.8 million fo...

7 weeks ago - GlobeNewsWire

UMH PROPERTIES, INC. ANNOUNCES TAX TREATMENT FOR 2023 DISTRIBUTIONS

FREEHOLD, NJ, Jan. 25, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) today announced the tax treatment of its 2023 distributions. The following tables summarize, for income tax p...

3 months ago - GlobeNewsWire

UMH PROPERTIES, INC. WILL HOST FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL

FREEHOLD, NJ, Jan. 18, 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 ...

3 months ago - GlobeNewsWire

UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS

FREEHOLD, NJ, Jan. 10, 2024 (GLOBE NEWSWIRE) -- On January 10, 2024, the Board of Directors of UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) declared its quarterly cash dividend on the Company's Common S...

3 months ago - GlobeNewsWire

UMH PROPERTIES, INC. 2023 YEAR END OPERATIONS UPDATE

FREEHOLD, NJ, Jan. 04, 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...

3 months ago - GlobeNewsWire

UMH PROPERTIES, INC. CELEBRATES 55th ANNIVERSARY AT THE NEW YORK STOCK EXCHANGE ON JANUARY 10, 2024

FREEHOLD, NJ, Jan. 04, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) today announced that it will celebrate its 55th Anniversary by ringing the Opening Bell at the New York Sto...

3 months ago - GlobeNewsWire

UMH PROPERTIES, INC. ANNOUNCES ADDITION TO FANNIE MAE CREDIT FACILITY

FREEHOLD, NJ, Dec. 14, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) today announced that it completed the addition of eight communities, containing 1,281 sites, to its Fannie ...

4 months ago - GlobeNewsWire

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

4 months ago - GlobeNewsWire

UMH PROPERTIES, INC. EXPANDS JOINT VENTURE PARTNERSHIP WITH NUVEEN REAL ESTATE

FREEHOLD, NJ, Nov. 30, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) today announced that it has expanded its partnership with Nuveen Real Estate, a TIAA company through enteri...

5 months ago - GlobeNewsWire

UMH PROPERTIES, INC. ANNOUNCES GEORGE KLINE AS VICE PRESIDENT OF CORPORATE SECURITY

FREEHOLD, NJ, Nov. 29, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH), announced the addition of George Kline, Vice President of Corporate Security.

5 months ago - GlobeNewsWire

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2023

FREEHOLD, NJ, Nov. 08, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended September 30, 2023 of $56.0 million, as compared to $51.9 million...

5 months ago - GlobeNewsWire

UMH PROPERTIES, INC. WILL PRESENT TO THE PHILADELPHIA SECURITIES ASSOCIATION

FREEHOLD, NJ, Oct. 03, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) announced that it will present to the Philadelphia Securities Association (PSA) on Wednesday, October 11, 202...

7 months ago - GlobeNewsWire

UMH PROPERTIES, INC. 2023 OPERATIONS UPDATE

FREEHOLD, NJ, Oct. 02, 2023 (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...

7 months ago - GlobeNewsWire

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2023

FREEHOLD, NJ, Aug. 08, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended June 30, 2023 of $55.3 million as compared to $49.2 million for t...

9 months ago - GlobeNewsWire

UMH PROPERTIES, INC. SECOND QUARTER 2023 OPERATIONS UPDATE

FREEHOLD, NJ, July 05, 2023 (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...

10 months ago - GlobeNewsWire

UMH PROPERTIES, INC. WILL HOST SECOND QUARTER 2023 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL

FREEHOLD, NJ, June 28, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced that it will ...

10 months ago - GlobeNewsWire

UMH PROPERTIES, INC. OBTAINS AN INDEPENDENT SECOND-PARTY OPINION FROM SUSTAINALYTICS

FREEHOLD, NJ, June 16, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) is pleased to announce that it has obtained an independent second-party opinion (SPO) from Sustainalytics o...

10 months ago - GlobeNewsWire

UMH PROPERTIES, INC. TO PARTICIPATE IN NAREIT'S REITWEEK: 2023 INVESTOR CONFERENCE

FREEHOLD, NJ, June 02, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) today announced that Samuel A. Landy, President and Chief Executive Officer, Anna T. Chew, Executive Vice Pre...

11 months ago - GlobeNewsWire