UMH
UMH Properties
About: UMH Properties Inc together with its subsidiaries is a real estate investment trust. It is engaged in the business of ownership and operation of manufactured home communities - leasing manufactured homesites to residents . The Company also leases manufactured homes to residents and, through its wholly-owned taxable REIT subsidiary, UMH Sales and Finance, Inc. sells and finances the sale of manufactured homes to residents and prospective residents of its communities and for placement on customers' privately-owned land. The company also owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements. It earns income from lease agreements for their sites and homes, where the company is the lessor.
Employees: 513
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
89% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 55
40% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 25
5.78% more ownership
Funds ownership: 76.39% [Q3] → 82.18% (+5.78%) [Q4]
2% more funds holding
Funds holding: 221 [Q3] → 226 (+5) [Q4]
4% more capital invested
Capital invested by funds: $1.18B [Q3] → $1.22B (+$45.5M) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
85% less call options, than puts
Call options by funds: $5K | Put options by funds: $34K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$20
11%
upside
Avg. target
$20
11%
upside
High target
$20
11%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Wedbush Richard Anderson 71% 1-year accuracy 24 / 34 met price target | 11%upside $20 | Neutral Reiterated | 13 Jan 2025 |
Financial journalist opinion
Based on 5 articles about UMH published over the past 30 days
Neutral
Seeking Alpha
2 weeks ago
UMH Properties, Inc. (UMH) Q4 2024 Earnings Call Transcript
UMH Properties, Inc. (NYSE:UMH ) Q4 2023 Results Conference Call February 27, 2025 10:00 AM ET Company Participants Craig Koster - Executive Vice President and General Counsel Samuel Landy - President and Chief Executive Officer Anna Chew - Executive Vice President and Chief Financial Officer Eugene Landy - Founder and Chairman Brett Taft - Executive Vice President and Chief Operating Officer Conference Call Participants Gaurav Mehta - Alliance Global Partners Rob Stevenson - Janney Rich Anderson - Wedbush Craig Kucera - Lucid Capital Markets John Massocca - B. Riley Securities Operator Good morning, and welcome to UMH Properties Fourth Quarter and Year End 2024 Earnings Conference Call.
Positive
Zacks Investment Research
2 weeks ago
UMH (UMH) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for UMH (UMH) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
2 weeks ago
UMH Properties (UMH) Matches Q4 FFO Estimates
UMH Properties (UMH) came out with quarterly funds from operations (FFO) of $0.24 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.23 per share a year ago.
Neutral
GlobeNewsWire
2 weeks ago
UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2024
FREEHOLD, NJ, Feb. 26, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income of $240.6 million for the year ended December 31, 2024 as compared to $220.9 million for the year ended December 31, 2023, representing an increase of 9%. Total Income for the quarter ended December 31, 2024 was $61.9 million as compared to $57.0 million for the quarter ended December 31, 2023, representing an increase of 9%. Net Income (Loss) Attributable to Common Shareholders amounted to income of $2.5 million or $0.03 per diluted share for the year ended December 31, 2024 as compared to a loss of $8.7 million or $0.15 per diluted share for the year ended December 31, 2023. Net Income Attributable to Common Shareholders amounted to $28,000 or $0.00 per diluted share for the quarter ended December 31, 2024 as compared to $6.8 million or $0.10 per diluted share for the quarter ended December 31, 2023.
Neutral
Seeking Alpha
2 weeks ago
From Real Property To Intellectual Property: My 15 Years On Seeking Alpha
Over nearly 15 years, I've written 4,300-plus Seeking Alpha articles, focusing on REITs and income stocks, emphasizing principal preservation and "SWAN investing." My journey included covering the evolution of the U.S. equity REIT sector, highlighting companies like STAG Industrial, Digital Realty, and Realty Income. Inspired by mentors and collaborations, I expanded my research to various asset classes, building a larger audience and scaling research businesses like iREIT and Dividend Kings.
Neutral
Seeking Alpha
1 month ago
1 REIT To Sell 1 REIT To Buy
Not all REITs are worth buying. Often, the most popular REITs are the least desirable. Here is an example of that.
Neutral
GlobeNewsWire
1 month ago
UMH PROPERTIES, INC. ANNOUNCES TAX TREATMENT FOR 2024 DISTRIBUTIONS
FREEHOLD, NJ, Jan. 22, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) today announced the tax treatment of its 2024 distributions. The following tables summarize, for income tax purposes, the nature of cash distributions paid to stockholders of UMH's common and preferred shares during the calendar year ended December 31, 2024.
Positive
Seeking Alpha
1 month ago
UMH Properties Preferreds: Near 7% Yield, Manufacturing Housing Tailwinds, Good Coverage
UMH Properties benefits from the ongoing U.S. housing shortage, offering affordable manufactured homes with high occupancy rates and strong demand, leading to impressive earnings growth. The company plans to develop 200 expansion sites in 2024 and 500 in 2025, enabling organic growth without acquisitions. We rate UMH-D a BUY due to its well-covered yield and the supportive US housing market tailwind.
Neutral
Zacks Investment Research
1 month ago
Zacks Industry Outlook LifeStyle Properties, Veris Residential and UMH Properties
LifeStyle Properties, Veris Residential and UMH Properties have been highlighted in this Industry Outlook article.
Positive
Zacks Investment Research
1 month ago
3 Residential REITs to Buy Despite Ongoing Industry Challenges
Despite the elevated supply of new units and concession utilization, healthy rental demand amid a strong labor market and favorable demographic trends poise the Zacks Equity REIT - Residential industry players like ELS, VRE and UMH are well for growth.
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