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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
Current SymbolNYSE:UMH
Previous Symbol
CUSIP90300210
Phone732-577-9997
Debt
Debt-to-Equity Ratio2.44
Current Ratio4.12
Quick Ratio4.12
Price-To-Earnings
Trailing P/E Ratio18.37
Forward P/E Ratio17.86
P/E Growth1.76
Sales & Book Value
Annual Sales$112.65 million
Price / Sales4.36
Cash Flow$0.5925 per share
Price / Cash Flow22.01
Book Value$5.22 per share
Price / Book2.50
Profitability
EPS (Most Recent Fiscal Year)$0.71
Net Income$12.66 million
Net Margins-19.73%
Return on Equity-14.43%
Return on Assets-2.91%
Miscellaneous
Employees340
Outstanding Shares37,670,000
Market Cap$487.39 million
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 declared a quarterly dividend on Monday, October 1st. Investors of record on Thursday, November 15th will be paid a dividend of $0.18 per share on Monday, December 17th. This represents a $0.72 annualized dividend and a yield of 5.52%. The ex-dividend date is Wednesday, November 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) posted its quarterly earnings data on Thursday, November, 1st. The real estate investment trust reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.28. The real estate investment trust had revenue of $33.45 million for the quarter, compared to analysts' expectations of $32.20 million. UMH PROPERTIES/SH SH had a negative return on equity of 14.43% and a negative net margin of 19.73%. 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 price targets for UMH PROPERTIES/SH SH's shares. Their predictions range from $16.00 to $20.00. On average, they anticipate UMH PROPERTIES/SH SH's share price to reach $17.3333 in the next year. This suggests a possible upside of 32.9% 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. 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. " (11/7/2018)
- 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?
Media headlines about UMH stock have been trending very negative recently, InfoTrie reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. UMH PROPERTIES/SH SH earned a coverage optimism score of -3.8 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of UMH PROPERTIES/SH SH's key competitors?
Some companies that are related to UMH PROPERTIES/SH SH include Ladder Capital (LADR), Mack Cali Realty (CLI), Four Corners Property Trust (FCPT), LTC Properties (LTC), Invesco Mortgage Capital (IVR), Chesapeake Lodging Trust (CHSP), Caretrust REIT (CTRE), National Storage Affiliates Trust (NSA), Select Income REIT (SIR), Alexander's (ALX), CYRELA BRAZIL R/S (CYRBY), Safestore (SFSHF), American Finance Trust (AFIN), Global Net Lease (GNL) and Alexander & Baldwin (ALEX).
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 a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.18%), Vanguard Group Inc (9.18%), BlackRock Inc. (6.68%), Wells Fargo & Company MN (2.77%), Montag A & Associates Inc. (2.15%) and Russell Investments Group Ltd. (1.57%). 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, Real Estate Investmen Monmouth, Steven B Wolgin and Umh Properties, Inc. View Institutional Ownership Trends for UMH PROPERTIES/SH SH.
Which major investors are selling UMH PROPERTIES/SH SH stock?
UMH stock was sold by a variety of institutional investors in the last quarter, including Waratah Capital Advisors Ltd., Renaissance Technologies LLC, Morgan Stanley, TIAA CREF Investment Management LLC, GSA Capital Partners LLP, Wells Fargo & Company MN, Bank of New York Mellon Corp and Rutabaga Capital Management LLC MA. 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 major investors are buying UMH PROPERTIES/SH SH stock?
UMH stock was bought by a variety of institutional investors in the last quarter, including Montag A & Associates Inc., Investment Counselors of Maryland LLC, Vanguard Group Inc, Vanguard Group Inc., Northpointe Capital LLC, Ronna Sue Cohen, GW Henssler & Associates Ltd. 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, 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 $13.04.
How big of a company is UMH PROPERTIES/SH SH?
UMH PROPERTIES/SH SH has a market capitalization of $487.39 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.
