About UMH Properties (NYSE:UMH)
UMH Properties, Inc. (UMH) is a real estate investment trust (REIT). The Company's primary business is the ownership and operation of manufactured home communities, including leasing manufactured home sites to private manufactured home owners. The Company also leases homes to residents, and through its taxable REIT subsidiary, UMH Sales and Finance, Inc. (S&F), conducts manufactured home sales in its communities. As of May 31, 2017, the Company owned 107 manufactured home communities consisting of approximately 19,400 developed sites. The communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana and Michigan. In connection with the operation of its communities, UMH also leases homes to prospective tenants. As of December 31, 2016, UMH owned a total of 4,700 rental homes, representing approximately 26% of its developed sites. These rental homes are owned by the Company and rented to residents.
Industry, Sector and Symbol
Industry Residential REITs
Trailing P/E Ratio22.38
Forward P/E Ratio21.15
Sales & Book Value
Annual Sales$99.21 million
Price / Sales5.44
Cash Flow$0.75 per share
Price / Cash20.71
Book Value$5.12 per share
Price / Book3.02
Net Income$11.53 million
Return on Equity0.74%
Return on Assets0.16%
Frequently Asked Questions for UMH Properties (NYSE:UMH)
What is UMH Properties' stock symbol?
UMH Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "UMH."
How often does UMH Properties pay dividends? What is the dividend yield for UMH Properties?
UMH Properties declared a quarterly dividend on Tuesday, October 3rd. Investors of record on Wednesday, November 15th will be paid a dividend of $0.18 per share on Friday, December 15th. This represents a $0.72 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend is Tuesday, November 14th. View UMH Properties' Dividend History.
How were UMH Properties' earnings last quarter?
UMH Properties, Inc. (NYSE:UMH) issued its quarterly earnings results on Thursday, November, 2nd. The real estate investment trust reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by $0.34. The real estate investment trust earned $28.69 million during the quarter, compared to analyst estimates of $28.79 million. UMH Properties had a return on equity of 0.74% and a net margin of 1.05%. The business's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.02) EPS. View UMH Properties' Earnings History.
Where is UMH Properties' stock going? Where will UMH Properties' stock price be in 2017?
6 Wall Street analysts have issued 1-year target prices for UMH Properties' shares. Their predictions range from $17.50 to $21.00. On average, they expect UMH Properties' stock price to reach $18.60 in the next year. View Analyst Ratings for UMH Properties.
Who are some of UMH Properties' key competitors?
Some companies that are related to UMH Properties include ARMOUR Residential REIT (ARR), Independence Realty Trust (IRT), Preferred Apartment Communities (APTS), New Senior Investment Group (SNR), NexPoint Residential Trust (NXRT), Altisource Residential Corporation (RESI), Bluerock Residential Growth REIT (BRG), Clipper Realty (CLPR), BRT Realty Trust (BRT), American Residential Properties (ARPI), Campus Crest Communities (CCG), Colony Capital (CLNY) and Silver Bay Realty Trust Corp (SBY).
Who are UMH Properties' key executives?
UMH Properties' management team includes the folowing people:
- Eugene W. Landy, Chairman of the Board (Age 83)
- Samuel A. Landy, President, Chief Executive Officer, Vice President, Director (Age 56)
- Anna T. Chew, Chief Financial Officer, Vice President, Controller, Director (Age 58)
- Michael P. Landy, Executive Vice President, Vice President - Investments, Director (Age 55)
- Brett Taft, Vice President
- Craig Robert Koster, General Counsel (Age 41)
- Jeffrey A. Carus, Independent Director (Age 53)
- Matthew I. Hirsch, Presiding Independent Director (Age 57)
- Stuart D. Levy, Independent Director (Age 47)
- James E. Mitchell, Independent Director (Age 76)
Who owns UMH Properties stock?
UMH Properties' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Boulegeris Investments Inc. (5.26%), Wells Fargo & Company MN (3.07%), Schwab Charles Investment Management Inc. (1.21%), Dimensional Fund Advisors LP (1.11%), State of New Jersey Common Pension Fund D (0.99%) and JPMorgan Chase & Co. (0.89%). Company insiders that own UMH Properties 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 and Steven B Wolgin. View Institutional Ownership Trends for UMH Properties.
Who sold UMH Properties stock? Who is selling UMH Properties stock?
UMH Properties' stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, GSA Capital Partners LLP, Ameriprise Financial Inc., Bank of New York Mellon Corp, RMR Advisors LLC, Russell Investments Group Ltd., Wedbush Securities Inc. and Highlander Capital Management LLC. View Insider Buying and Selling for UMH Properties.
Who bought UMH Properties stock? Who is buying UMH Properties stock?
UMH Properties' stock was purchased by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., JPMorgan Chase & Co., Citadel Advisors LLC, Palisade Capital Management LLC NJ, Loeb Partners Corp, First Allied Advisory Services Inc., Nationwide Fund Advisors and D.A. Davidson & CO.. Company insiders that have bought UMH Properties stock in the last two years include Craig Koster, Eugene W Landy, James E Mitchell, Kenneth K Quigley Jr, Kenneth K Quigley, Jr, Matthew I Hirsch, Real Estate Investmen Monmouth and Steven B Wolgin. View Insider Buying and Selling for UMH Properties.
How do I buy UMH Properties stock?
Shares of UMH Properties 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' stock price today?
One share of UMH Properties stock can currently be purchased for approximately $15.44.
How big of a company is UMH Properties?
UMH Properties has a market capitalization of $539.27 million and generates $99.21 million in revenue each year. The real estate investment trust earns $11.53 million in net income (profit) each year or ($0.22) on an earnings per share basis. UMH Properties employs 330 workers across the globe.
How can I contact UMH Properties?
UMH Properties' 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 (UMH)MarketBeat's community ratings are surveys of what our community members think about UMH Properties and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for UMH Properties (NYSE:UMH) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 6 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$18.60 (20.47% upside)|
Consensus Price Target History for UMH Properties (NYSE:UMH)
Analysts' Ratings History for UMH Properties (NYSE:UMH)
(Data available from 11/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/21/2017||B. Riley||Reiterated Rating||Buy||$17.50||N/A|
|9/8/2017||Janney Montgomery Scott||Initiated Coverage||Buy -> Buy||Low|
|9/1/2017||DA Davidson||Initiated Coverage||Buy||$18.00||High|
|7/11/2017||FBR & Co||Reiterated Rating||Outperform||$18.50||Low|
|5/25/2017||Sidoti||Boost Price Target||Buy||$18.00 -> $21.00||Low|
|5/11/2017||Wunderlich||Boost Price Target||Buy||$16.00 -> $18.00||Medium|
Earnings History and Estimates Chart for UMH Properties (NYSE:UMH)
Earnings History by Quarter for UMH Properties (NYSE UMH)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2017||Q3 2017||$0.19||($0.15)||$28.79 million||$28.69 million||View||N/A|
|5/9/2017||Q1 2017||$0.20||$0.17||$26.45 million||View||Listen|
|5/9/2016||Q116||$0.15||$0.16||$22.62 million||$23.50 million||View||N/A|
|3/9/2016||Q415||$0.15||$0.14||$23.17 million||$21.92 million||View||N/A|
|11/4/2015||Q315||$0.14||$0.15||$20.27 million||$21.70 million||View||N/A|
|8/6/2015||Q215||$0.16||$0.12||$19.91 million||$19.55 million||View||N/A|
|5/7/2015||Q115||$0.15||$0.13||$18.16 million||$18.34 million||View||N/A|
|3/11/2015||Q414||$0.14||$0.16||$19.24 million||$18.88 million||View||N/A|
|5/8/2014||Q114||$0.17||$0.11||$15.91 million||$15.85 million||View||N/A|
Earnings Estimates for UMH Properties (NYSE:UMH)
2017 EPS Consensus Estimate: $0.58
2018 EPS Consensus Estimate: $0.90
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for UMH Properties (NYSE:UMH)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||-327.26% (Trailing 12 Months of Earnings) |
98.63% (Based on This Year's Estimates)
81.82% (Based on Next Year's Estimates)
Dividend History by Quarter for UMH Properties (NYSE UMH)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for UMH Properties (NYSE UMH)
Insider Ownership Percentage: 11.61%
Institutional Ownership Percentage: 53.63%
Insider Trades by Quarter for UMH Properties (NYSE UMH)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/15/2017||Kenneth K. Quigley, Jr.||Director||Buy||70||$14.38||$1,006.60|| |
|10/16/2017||Kenneth K. Quigley, Jr.||Director||Buy||66||$15.13||$998.58|| |
|9/15/2017||Kenneth K. Quigley, Jr.||Director||Buy||66||$15.13||$998.58|| |
|8/15/2017||Kenneth K. Quigley, Jr.||Director||Buy||68||$14.63||$994.84|| |
|7/21/2017||James E Mitchell||Director||Buy||3,000||$25.00||$75,000.00|| |
|7/17/2017||Matthew I. Hirsch||Director||Buy||630||$15.88||$10,004.40|| |
|6/15/2017||Kenneth K. Quigley, Jr.||Director||Buy||61||$16.50||$1,006.50|| |
|5/15/2017||Matthew I. Hirsch||Director||Buy||635||$15.75||$10,001.25|| |
|3/30/2017||Craig Koster||General Counsel||Sell||10,000||$14.96||$149,600.00|| |
|3/20/2017||Steven B. Wolgin||Director||Buy||300||$14.20||$4,260.00|| |
|2/15/2017||Real Estate Investmen Monmouth||Insider||Buy||72,072||$13.88||$1,000,359.36|| |
|12/14/2016||Kenneth K Quigley Jr||Director||Buy||400||$13.45||$5,380.00|| |
|12/8/2016||Craig Koster||General Counsel||Sell||6,500||$13.32||$86,580.00|| |
|11/10/2016||Real Estate Investmen Monmouth||Insider||Buy||13,000||$11.76||$152,880.00|| |
|10/17/2016||Matthew I. Hirsch||Director||Buy||899||$11.13||$10,005.87|| |
|9/1/2016||James E Mitchell||Director||Buy||3,000||$11.88||$35,640.00|| |
|7/15/2016||Matthew I. Hirsch||Director||Buy||851||$11.75||$9,999.25|| |
|6/10/2016||Eugene W Landy||Chairman||Buy||1,000||$10.46||$10,460.00|| |
|5/27/2016||Real Estate Investmen Monmouth||Insider||Buy||10,000||$9.93||$99,300.00|| |
|5/16/2016||Matthew I Hirsch||Director||Buy||1,053||$9.50||$10,003.50|| |
|5/13/2016||Eugene W Landy||Chairman||Buy||1,000||$9.89||$9,890.00|| |
|5/13/2016||James E Mitchell||Director||Buy||5,000||$9.85||$49,250.00|| |
|5/10/2016||Craig Koster||General Counsel||Buy||500||$9.94||$4,970.00|| |
|4/15/2016||Matthew I Hirsch||Director||Buy||1,067||$9.38||$10,008.46|| |
|4/5/2016||James E Mitchell||Director||Buy||5,000||$25.50||$127,500.00|| |
|11/7/2014||Eugene W Landy||Chairman||Buy||5,000||$9.89||$49,450.00|| |
Latest Headlines for UMH Properties (NYSE UMH)
|$0.20 EPS Expected for UMH Properties, Inc. (UMH) This Quarter|
www.americanbankingnews.com - November 23 at 3:10 PM
|UMH Properties, Inc. breached its 50 day moving average in a Bullish Manner : UMH-US : November 22, 2017|
finance.yahoo.com - November 22 at 2:58 PM
|UMH Properties, Inc. (UMH) Receives "Buy" Rating from B. Riley|
www.americanbankingnews.com - November 21 at 2:06 PM
|UMH Properties, Inc. (UMH) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - November 15 at 1:46 AM
|UMH Properties Inc (UMH): What You Have To Know Before Buying For The Upcoming Dividend|
finance.yahoo.com - November 12 at 12:54 PM
|UMH Properties, Inc. (UMH) Cut to "Sell" at Zacks Investment Research|
www.americanbankingnews.com - November 9 at 10:54 AM
|UMH Properties, Inc. (UMH) Earns "Buy" Rating from B. Riley|
www.americanbankingnews.com - November 8 at 11:58 AM
|Brokers Offer Predictions for UMH Properties, Inc.'s FY2017 Earnings (UMH)|
www.americanbankingnews.com - November 8 at 10:36 AM
|Kenneth K. Quigley|
www.marketwatch.com - November 8 at 1:53 AM
|Brokers Set Expectations for UMH Properties, Inc.'s FY2017 Earnings (UMH)|
www.americanbankingnews.com - November 7 at 5:54 AM
|UMH Properties, Inc 2017 Q3 - Results - Earnings Call Slides|
seekingalpha.com - November 6 at 8:40 AM
|$28.22 Million in Sales Expected for UMH Properties, Inc. (UMH) This Quarter|
www.americanbankingnews.com - November 6 at 4:32 AM
|UMH Properties, Inc. to Host Earnings Call|
finance.yahoo.com - November 5 at 8:01 AM
|Edited Transcript of UMH earnings conference call or presentation 3-Nov-17 2:00pm GMT|
finance.yahoo.com - November 5 at 8:00 AM
|UMH Properties, Inc. (UMH) Posts Earnings Results, Misses Expectations By $0.34 EPS|
www.americanbankingnews.com - November 3 at 11:16 PM
|5 REITs With Safe Dividends And Consistent Capital Gains|
finance.yahoo.com - October 31 at 11:27 AM
|UMH Properties, Inc. (UMH) Scheduled to Post Earnings on Monday|
www.americanbankingnews.com - October 30 at 9:36 AM
|Contrasting UMH Properties (UMH) & Its Rivals|
www.americanbankingnews.com - October 26 at 1:38 PM
|Relative Strength Alert For UMH Properties|
www.thestreet.com - October 25 at 3:43 PM
|UMH Properties, Inc. (UMH) Receives Average Rating of "Buy" from Brokerages|
www.americanbankingnews.com - October 21 at 2:42 AM
|UMH Properties, Inc. breached its 50 day moving average in a Bearish Manner : UMH-US : October 20, 2017|
finance.yahoo.com - October 20 at 9:40 AM
|UMH Properties (UMH) & Two Harbors Investments Corp (TWO) Financial Analysis|
www.americanbankingnews.com - October 19 at 9:06 AM
|$27.67 Million in Sales Expected for UMH Properties, Inc. (UMH) This Quarter|
www.americanbankingnews.com - October 17 at 2:04 AM
|UMH Properties, Inc. (UMH) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - October 13 at 10:44 PM
|UMH Properties, Inc. breached its 50 day moving average in a Bullish Manner : UMH-US : October 10, 2017|
finance.yahoo.com - October 11 at 9:06 AM
|Contrasting UMH Properties (UMH) and The Competition|
www.americanbankingnews.com - October 10 at 2:14 PM
|UMH Properties, Inc. (UMH) Announces Quarterly Dividend of $0.18|
www.americanbankingnews.com - October 3 at 6:04 PM
|UMH Properties, Inc. Will Host Third Quarter 2017 Financial Results Webcast and Conference Call|
finance.yahoo.com - October 3 at 2:16 PM
|Head to Head Analysis: UMH Properties (UMH) versus The Competition|
www.americanbankingnews.com - October 2 at 2:22 AM
|Head to Head Analysis: Two Harbors Investments Corp (TWO) vs. UMH Properties (UMH)|
www.americanbankingnews.com - October 2 at 12:22 AM
| Brokerages Expect UMH Properties, Inc. (UMH) Will Announce Quarterly Sales of $27.67 Million|
www.americanbankingnews.com - September 29 at 8:38 AM
|UMH Properties, Inc. (UMH) Given Consensus Rating of "Buy" by Analysts|
www.americanbankingnews.com - September 26 at 2:44 AM
|Reviewing Bluerock Residential Growth REIT (BRG) & UMH Properties (UMH)|
www.americanbankingnews.com - September 23 at 12:16 PM
|Sabra Inks Deal to Buy Stake in Enlivant Joint Ventures|
finance.yahoo.com - September 20 at 10:37 AM
|Investors Real Estate (IRET) Buys Plymouth Property for $92M|
www.zacks.com - September 14 at 12:08 PM
|UMH Properties, Inc. (UMH) Expected to Announce Quarterly Sales of $27.36 Million|
www.americanbankingnews.com - September 10 at 6:04 AM
|UMH Properties, Inc. (UMH) Earns Buy Rating from Analysts at Janney Montgomery Scott|
www.americanbankingnews.com - September 8 at 10:44 AM
|UMH Properties, Inc. (UMH) Now Covered by Analysts at DA Davidson|
www.americanbankingnews.com - September 4 at 4:32 PM
|Financial Comparison: Bluerock Residential Growth REIT (BRG) versus UMH Properties (UMH)|
www.americanbankingnews.com - September 4 at 12:34 PM
|UMH Properties, Inc. (UMH) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - September 1 at 9:02 AM
|Comparing UMH Properties (UMH) & Apartment Investment and Management (AIV)|
www.americanbankingnews.com - August 21 at 6:16 PM
|UMH Properties, Inc. Declares Series C Preferred Dividends|
finance.yahoo.com - August 16 at 8:38 AM
|UMH Properties, Inc.: Christine Lindsey, Vice President of Sales, inducted into the MH/RV Hall of Fame|
finance.yahoo.com - August 10 at 8:20 PM
|Reminder - UMH Properties (UMH) Goes Ex-Dividend Soon|
www.thestreet.com - August 10 at 3:20 PM
|UMH Properties Series A Cumulative Redeemable Preferred Stock Ex-Dividend Reminder|
www.nasdaq.com - August 10 at 3:20 PM
|UMH Properties, Inc 2017 Q2 - Results - Earnings Call Slides|
seekingalpha.com - August 5 at 8:08 AM
|Edited Transcript of UMH earnings conference call or presentation 4-Aug-17 2:00pm GMT|
finance.yahoo.com - August 5 at 8:08 AM
|UMH Properties, Inc. Reports 2nd Quarter 2017 Earnings|
finance.yahoo.com - August 4 at 9:33 AM
|BRIEF-Umh Properties Inc announces redemption of all outstanding 8.25% series A preferred stock|
www.reuters.com - August 1 at 7:20 AM
|UMH Properties, Inc. Announces Redemption Of All Outstanding 8.25% Series A Preferred Stock|
finance.yahoo.com - August 1 at 7:20 AM
UMH Properties (NYSE UMH) Chart for Friday, November, 24, 2017