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

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$13.76 -0.27 (-1.92 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$13.76
Today's Range$13.68 - $14.14
52-Week Range$11.14 - $16.69
Volume132,095 shs
Average Volume176,031 shs
Market Capitalization$533.61 million
P/E Ratio18.59
Dividend Yield5.13%
Beta0.76
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 115 manufactured home communities containing approximately 20,700 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.

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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$3.61 per share

Profitability

Net Income$-36,220,000.00

Miscellaneous

EmployeesN/A
Market Cap$533.61 million
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

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 announced a quarterly dividend on Wednesday, January 16th. Stockholders of record on Friday, February 15th will be given a dividend of $0.18 per share on Friday, March 15th. This represents a $0.72 annualized dividend and a dividend yield of 5.23%. The ex-dividend date is Thursday, February 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 data on Thursday, March, 7th. The real estate investment trust reported ($0.87) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by $0.83. The real estate investment trust had revenue of $34.25 million for the quarter, compared to analysts' expectations of $33.35 million. UMH PROPERTIES/SH SH had a negative net margin of 43.63% and a negative return on equity of 35.79%. 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 Wednesday, May 8th 2019. View Earnings Estimates for UMH PROPERTIES/SH SH.

What price target have analysts set for UMH?

2 brokers have issued 12-month target prices for UMH PROPERTIES/SH SH's shares. Their predictions range from $16.00 to $19.50. On average, they anticipate UMH PROPERTIES/SH SH's share price to reach $17.75 in the next twelve months. This suggests a possible upside of 29.0% 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?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UMH PROPERTIES/SH SH in the last year. There are currently 2 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. " (3/14/2019)
  • 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?

Headlines about UMH stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. UMH PROPERTIES/SH SH earned a coverage optimism score of 0.6 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future.

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

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

Based on aggregate information from My MarketBeat watchlists, some companies that other UMH PROPERTIES/SH SH investors own include Iron Mountain (IRM), Physicians Realty Trust (DOC), Uniti Group (UNIT), Weyerhaeuser (WY), Ladder Capital (LADR), Celgene (CELG), Ventas (VTR), New Residential Investment (NRZ), Realty Income (O) and DIGITAL RLTY TR/SH (DLR).

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, CFO, Chief Accounting Officer, Treasurer & Director (Age 60)
  • Mr. Craig Koster, Gen. Counsel & Sec. (Age 43)
  • Mr. Brett Taft, VP (Age 29)

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

UMH PROPERTIES/SH SH's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.99%), Investment Counselors of Maryland LLC (2.44%), Montag A & Associates Inc. (1.88%), Northern Trust Corp (1.45%), D.A. Davidson & CO. (1.42%) and FMR LLC (1.39%). 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 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, Montag A & Associates Inc., Boston Partners, Rutabaga Capital Management LLC MA, D. E. Shaw & Co. Inc., WINTON GROUP Ltd, Robotti Robert and New York State Common Retirement Fund. 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 acquired by a variety of institutional investors in the last quarter, including FMR LLC, Investment Counselors of Maryland LLC, BlackRock Inc., GSA Capital Partners LLP, D.A. Davidson & CO., Shufro Rose & Co. LLC, Northern Trust Corp and WealthTrust Axiom LLC. 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 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 $13.76.

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

UMH PROPERTIES/SH SH has a market capitalization of $533.61 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.

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:  154 (Vote Outperform)
Underperform Votes:  147 (Vote Underperform)
Total Votes:  301
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 3/23/2019 by MarketBeat.com Staff

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