NYSE:UMH - UMH PROPERTIES/SH SH Stock Price, News & Analysis

$12.27
-0.14 (-1.13 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$12.19
Now: $12.27
$12.50
50-Day Range
$11.80
MA: $12.63
$13.28
52-Week Range
$11.14
Now: $12.27
$16.32
Volume197,827 shs
Average Volume188,402 shs
Market Capitalization$496.08 million
P/E Ratio16.58
Dividend Yield5.80%
Beta0.63
UMH Properties, Inc, which was organized in 1968, is a public equity REIT that owns and operates 118 manufactured home communities containing approximately 21,500 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

Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
CUSIP90300210
Phone732-577-9997

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$129.59 million
Book Value$3.49 per share

Profitability

Net Income$-36,220,000.00

Miscellaneous

Employees380
Market Cap$496.08 million
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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 Monday, July 1st. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.18 per share on Monday, September 16th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.87%. The ex-dividend date of this dividend is Wednesday, 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) issued its quarterly earnings results on Thursday, August, 8th. The real estate investment trust reported ($0.15) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.32. The real estate investment trust earned $37.23 million during the quarter, compared to the consensus estimate of $36.26 million. UMH PROPERTIES/SH SH had a negative net margin of 23.38% and a negative return on equity of 22.16%. View UMH PROPERTIES/SH SH's Earnings History.

When is UMH PROPERTIES/SH SH's next earnings date?

UMH PROPERTIES/SH SH is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for UMH PROPERTIES/SH SH.

What price target have analysts set for UMH?

5 Wall Street analysts have issued 1 year price targets for UMH PROPERTIES/SH SH's shares. Their forecasts range from $16.00 to $19.50. On average, they expect UMH PROPERTIES/SH SH's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 46.7% 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?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UMH PROPERTIES/SH SH in the last year. There are currently 5 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. 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. " (6/11/2019)
  • 2. 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)

Has UMH PROPERTIES/SH SH been receiving favorable news coverage?

News headlines about UMH stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. UMH PROPERTIES/SH SH earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for UMH PROPERTIES/SH SH.

Are investors shorting UMH PROPERTIES/SH SH?

UMH PROPERTIES/SH SH saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 555,100 shares, an increase of 44.3% from the June 30th total of 384,700 shares. Based on an average trading volume of 160,800 shares, the short-interest ratio is currently 3.5 days. Approximately 1.7% of the company's stock are short sold. View UMH PROPERTIES/SH SH's Current Options Chain.

Who are some of UMH PROPERTIES/SH SH's key competitors?

What other stocks do shareholders of UMH PROPERTIES/SH SH own?

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 85)
  • Mr. Samuel A. Landy, Pres, CEO & Director (Age 59)
  • Ms. Anna T. Chew, VP, Chief Financial & Accounting Officer, Treasurer and Director (Age 60)
  • Mr. Craig Koster, Gen. Counsel & Sec. (Age 43)
  • Mr. Jeffrey Wolfe, VP of Operations

Who are UMH PROPERTIES/SH SH's major shareholders?

UMH PROPERTIES/SH SH's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.07%), BlackRock Inc. (6.68%), Investment Counselors of Maryland LLC (3.28%), Wells Fargo & Company MN (1.69%), Russell Investments Group Ltd. (1.52%) and D.A. Davidson & CO. (1.42%). Company insiders that own UMH PROPERTIES/SH SH stock include Craig Koster, Eugene W Landy, James E Mitchell, Jeffrey A Carus, Kenneth K Quigley Jr, Kenneth K Quigley, Jr, Matthew I Hirsch, 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 Wells Fargo & Company MN, Royal Bank of Canada, Marshall Wace LLP, GSA Capital Partners LLP, D. E. Shaw & Co. Inc., Morgan Stanley, Teachers Insurance & Annuity Association of America and Orleans Capital Management Corp LA. View Insider Buying and Selling for UMH PROPERTIES/SH SH.

Which institutional investors are buying UMH PROPERTIES/SH SH stock?

UMH stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Investment Counselors of Maryland LLC, Foundry Partners LLC, BlackRock Inc., Gamco Investors INC. ET AL, Renaissance Technologies LLC, Citadel Advisors LLC and Russell Investments Group Ltd.. Company insiders that have bought UMH PROPERTIES/SH SH stock in the last two years include James E Mitchell, Jeffrey A Carus, Kenneth K Quigley Jr, Kenneth K Quigley, Jr, Matthew I Hirsch, 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 $12.27.

How big of a company is UMH PROPERTIES/SH SH?

UMH PROPERTIES/SH SH has a market capitalization of $496.08 million and generates $129.59 million in revenue each year. The real estate investment trust earns $-36,220,000.00 in net income (profit) each year or $0.74 on an earnings per share basis. UMH PROPERTIES/SH SH employs 380 workers across the globe.View Additional Information About UMH PROPERTIES/SH SH.

What is UMH PROPERTIES/SH SH's official website?

The official website for UMH PROPERTIES/SH SH is http://www.umh.reit/.

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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  177 (Vote Outperform)
Underperform Votes:  169 (Vote Underperform)
Total Votes:  346
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.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

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