UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 114 manufactured home communities containing approximately 20,600 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland. In addition, the Company owns a portfolio of REIT securities.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
SymbolNYSE:UMH
CUSIP90300210
Phone732-577-9997
Debt
Debt-to-Equity Ratio2.22
Current Ratio5.21
Quick Ratio5.21
Price-To-Earnings
Trailing P/E Ratio21.73
Forward P/E Ratio20.57
P/E Growth2.09
Sales & Book Value
Annual Sales$112.65 million
Price / Sales5.08
Cash Flow$0.5799 per share
Price / Cash26.61
Book Value$5.22 per share
Price / Book2.96
Profitability
EPS (Most Recent Fiscal Year)$0.71
Net Income$12.66 million
Net Margins-8.17%
Return on Equity-5.62%
Return on Assets-1.19%
Miscellaneous
Employees340
Outstanding Shares37,060,000
Market Cap$579.53 million
UMH PROPERTIES/SH SH (NYSE:UMH) Frequently Asked Questions
What is UMH PROPERTIES/SH SH's stock symbol?
UMH PROPERTIES/SH SH trades on the New York Stock Exchange (NYSE) under the ticker symbol "UMH."
How often does UMH PROPERTIES/SH SH pay dividends? What is the dividend yield for UMH PROPERTIES/SH SH?
UMH PROPERTIES/SH SH declared a quarterly dividend on Tuesday, July 3rd. Stockholders of record on Wednesday, August 15th will be given a dividend of $0.18 per share on Monday, September 17th. This represents a $0.72 annualized dividend and a dividend yield of 4.67%. The ex-dividend date of this dividend is Tuesday, August 14th. View UMH PROPERTIES/SH SH's Dividend History.
How were UMH PROPERTIES/SH SH's earnings last quarter?
UMH PROPERTIES/SH SH (NYSE:UMH) released its quarterly earnings results on Tuesday, August, 7th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.19 by $0.21. The real estate investment trust had revenue of $32.10 million for the quarter, compared to analysts' expectations of $32.03 million. UMH PROPERTIES/SH SH had a negative net margin of 8.17% and a negative return on equity of 5.62%. View UMH PROPERTIES/SH SH's Earnings History.
When is UMH PROPERTIES/SH SH's next earnings date?
What price target have analysts set for UMH?
3 brokerages have issued 1-year target prices for UMH PROPERTIES/SH SH's stock. Their predictions range from $16.00 to $19.50. On average, they expect UMH PROPERTIES/SH SH's stock price to reach $17.1667 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Price Targets for UMH PROPERTIES/SH SH.
What is the consensus analysts' recommendation for UMH PROPERTIES/SH SH?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UMH PROPERTIES/SH SH in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for UMH PROPERTIES/SH SH.
What are Wall Street analysts saying about UMH PROPERTIES/SH SH stock?
Here are some recent quotes from research analysts about UMH PROPERTIES/SH SH stock:
- 1. Boenning Scattergood analysts commented, "We believe that there is significant upside to NAV over the next two years because occupancy was 82.5% at June 30, 2018 (which we believe could improve to 91% at December 31, 2019). Along with the dividend, this could drive total value creation that might result in outperformance of the stock relative to peers. Our $19.50 price target is 97% of forward NAV, which we think is warranted by the potential to develop over 1,600 acres of land that UMH owns." (9/17/2018)
- 2. According to Zacks Investment Research, "United Mobile Home's primary business is the ownership and operation of manufactured home communities - leasing manufactured home spaces on a month-to-month basis to private manufactured home owners. The company also leases homes to residents. A manufactured home community is designed to accommodate detached, single family manufactured housing units, which are produced off-site by manufacturers and delivered by truck to the site. " (8/22/2018)
Who are some of UMH PROPERTIES/SH SH's key competitors?
Some companies that are related to UMH PROPERTIES/SH SH include QTS Realty Trust Inc Class A (QTS), Tanger Factory Outlet Centers (SKT), Retail Opportunity Investments (ROIC), MGM Growth Properties (MGP), Chesapeake Lodging Trust (CHSP), Lexington Realty Trust (LXP), Quality Care Properties (QCP), Select Income REIT (SIR), Ladder Capital (LADR), AMERN FIN TR IN/SH (AFIN), Mack Cali Realty (CLI), Invesco Mortgage Capital (IVR), American Assets Trust (AAT), Alexander's (ALX) and LTC Properties (LTC).
Who are UMH PROPERTIES/SH SH's key executives?
UMH PROPERTIES/SH SH's management team includes the folowing people:
- Mr. Eugene W. Landy, Founder & Chairman (Age 84)
- Mr. Samuel A. Landy, Pres, CEO & Director (Age 58)
- Ms. Anna T. Chew, VP, CFO, Chief Accounting Officer, Treasurer & Director (Age 59)
- Mr. Craig Koster, Gen. Counsel & Sec. (Age 42)
- Mr. Brett Taft, VP (Age 28)
Who are UMH PROPERTIES/SH SH's major shareholders?
UMH PROPERTIES/SH SH's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.79%), Boulegeris Investments Inc. (5.35%), Wells Fargo & Company MN (2.97%), Millennium Management LLC (1.79%), Robotti Robert (1.37%) and Renaissance Technologies LLC (1.32%). Company insiders that own UMH PROPERTIES/SH SH stock include Craig Koster, Eugene W Landy, James E Mitchell, Kenneth K Quigley Jr, Kenneth K Quigley, Jr, Matthew I Hirsch, Real Estate Investmen Monmouth, Steven B Wolgin and Umh Properties, Inc. View Institutional Ownership Trends for UMH PROPERTIES/SH SH.
Which institutional investors are selling UMH PROPERTIES/SH SH stock?
UMH stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Manning & Napier Group LLC, Wells Fargo & Company MN, Raymond James & Associates, WINTON GROUP Ltd, Renaissance Technologies LLC, Citadel Advisors LLC and RMR Advisors LLC. Company insiders that have sold UMH PROPERTIES/SH SH company stock in the last year include Craig Koster and Eugene W Landy. View Insider Buying and Selling for UMH PROPERTIES/SH SH.
Which institutional investors are buying UMH PROPERTIES/SH SH stock?
UMH stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Boston Partners, Northpointe Capital LLC, Boulegeris Investments Inc., GSA Capital Partners LLP, BlackRock Inc., Northern Trust Corp and D.A. Davidson & CO.. Company insiders that have bought UMH PROPERTIES/SH SH stock in the last two years include James E Mitchell, Kenneth K Quigley Jr, Kenneth K Quigley, Jr, Matthew I Hirsch, Real Estate Investmen Monmouth, Steven B Wolgin and Umh Properties, Inc. View Insider Buying and Selling for UMH PROPERTIES/SH SH.
How do I buy shares of UMH PROPERTIES/SH SH?
Shares of UMH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is UMH PROPERTIES/SH SH's stock price today?
One share of UMH stock can currently be purchased for approximately $15.43.
How big of a company is UMH PROPERTIES/SH SH?
UMH PROPERTIES/SH SH has a market capitalization of $579.53 million and generates $112.65 million in revenue each year. The real estate investment trust earns $12.66 million in net income (profit) each year or $0.71 on an earnings per share basis. UMH PROPERTIES/SH SH employs 340 workers across the globe.
What is UMH PROPERTIES/SH SH's official website?
How can I contact UMH PROPERTIES/SH SH?
UMH PROPERTIES/SH SH's mailing address is Juniper Business Plaza 3499 Route 9 North Suite 3-C, Freehold NJ, 07728. The real estate investment trust can be reached via phone at 732-577-9997 or via email at [email protected]
MarketBeat Community Rating for UMH PROPERTIES/SH SH (NYSE UMH)
MarketBeat's community ratings are surveys of what our community members think about UMH PROPERTIES/SH SH and other stocks. Vote "Outperform" if you believe UMH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UMH will underperform the S&P 500 over the long term. You may vote once every thirty days.
