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Umh Properties Inc   (UMH)
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Price: $19.4000 $0.01 0.052%
Day's High: $19.61 Week Perf: 1.31 %
Day's Low: $ 19.23 30 Day Perf: 2.97 %
Volume (M): 460 52 Wk High: $ 20.64
Volume (M$): $ 8,922 52 Wk Avg: $16.83
Open: $19.39 52 Wk Low: $14.09



 Market Capitalization (Millions $) 1,341
 Shares Outstanding (Millions) 69
 Employees 480
 Revenues (TTM) (Millions $) 226
 Net Income (TTM) (Millions $) 8
 Cash Flow (TTM) (Millions $) 6
 Capital Exp. (TTM) (Millions $) 156

Umh Properties Inc
UMH Properties Inc is a leading real estate investment trust (REIT) in the residential sector, specializing in the development, acquisition, management, and ownership of manufactured home communities. Founded in 1968, UMH Properties Inc has developed a strong reputation as a leader in the manufactured housing industry, with a portfolio of 124 manufactured home communities in seven states, including Ohio, Michigan, Indiana, Pennsylvania, Maryland, New Jersey, and New York.

The company's mission is to provide affordable and attractive housing solutions to low- to mid-income families and individuals. UMH Properties Inc has a long-term vision of creating vibrant and safe communities, where people can live, work, and play. The company's vision is grounded in its commitment to delivering quality and excellence in all of its operations. UMH Properties Inc aims to generate attractive investment returns for its shareholders by focusing on the steady growth of its asset base, leveraging effective management practices, and continuously seeking out new growth opportunities.

UMH Properties Inc offers a range of manufactured home communities with various amenities, including swimming pools, playgrounds, walking trails, and fitness centers. The company's communities feature a mix of mobile homes and manufactured homes, with rental and purchase options available. UMH Properties Inc is dedicated to ensuring that its communities are maintained to the highest standards, with well-maintained grounds, utilities, and amenities designed to enhance the quality of life of its residents.

In addition to its core business of real estate development and management, UMH Properties Inc has also undertaken a range of sustainability initiatives aimed at reducing its environmental footprint. These initiatives include the installation of energy-efficient lighting, water-saving landscaping, and the use of eco-friendly materials in construction whenever possible.

Overall, UMH Properties Inc is a well-respected and established player in the manufactured home community industry, recognized by investors and industry peers alike for its commitment to excellence, innovation, and affordability. The company is well-positioned for continued growth in the years to come, with a solid track record of delivering solid investment returns to its shareholders.


   Company Address: Juniper Business Plaza Freehold 7728 NJ
   Company Phone Number: 577-9997   Stock Exchange / Ticker: NYSE UMH


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ELS        0.99% 
MPW      0% 
OHI        2.23% 
SUI        0.61% 
VTR   -1.95%    
WELL        1.14% 
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Umh Properties Inc

Umh Properties Inc: Despite Revenue Growth, Company Posts Losses in Q1 2024

Investors in Umh Properties Inc may be feeling cautious after the recent financial results showed a deficit per share of $-0.09, despite a 9.643% increase in revenue to $57.68 million for the most recent fiscal period. The company's EPS fell from $0.09 per share in the previous reporting period, and the net deficit for the January to March 31, 2024 timeframe was $-1.625 million, higher than the previous year.
However, there is some positive news for investors as operating earnings rose by 25.86% to $9.272 million. This indicates that the company is still generating strong operational results, despite the overall financial deficit.

Umh Properties Inc

UMH Properties Inc Sets the Standard for Revenue Growth in the REIT Sector

UMH Properties Inc, a Real Estate Investment Trusts (REITs) company, has reported positive earnings in its most recent fiscal period, indicating a strong performance. The company's revenue reached $56.98 million, a 16.895% increase year on year and a 1.677% surge quarter on quarter. The earnings per share (EPS) also showed significant growth, reaching $0.09. Sequentially, the EPS turned positive by 0%.
Compared to other companies in the REITs sector, UMH's top-line growth rate outperformed the majority of its contemporaries in the fourth quarter of 2023. On average, businesses in the REITs sector experienced a top-line advance of 10.91% from the same period the previous year.

Umh Properties Inc

UMH Properties Inc's Subpar Financial Performance Reflects Struggles with Operational Efficiency and Raises Concerns for Future Prospects



UMH Properties Inc, a Real Estate Investment Trust (REIT) company, disappointed investors with its fiscal third quarter (Q3) 2023 financial results. Despite a marginal improvement in revenue, the company reported a significant increase in losses compared to the previous quarter. Moreover, UMH Properties Inc's underperformance relative to its sector peers and its low stock performance raise concerns about its future prospects.
Unimpressive Financial Performance
UMH Properties Inc recorded a loss per share of $-0.09 in Q3 2023, showing a slight improvement from the previous year's $-0.18 loss per share. However, this improvement is overshadowed by the fact that the company's losses increased from $-0.07 per share compared to the prior quarter. These results indicate a lack of operational efficiency and suggest that the company is struggling to control its costs effectively.

Umh Properties Inc

UMH Properties Inc. Outperforms with Strong Financial Results, Reporting Decreased Losses and Increased Revenue in Fiscal Year Closing June 30, 2023

UMH Properties Inc. (UMH) has shown positive financial results in the fiscal period closing June 30, 2023. The company reported a decrease in loss per share, from $-0.41 to $-0.07 compared to the same period last year. Additionally, earnings per share improved from $-0.09 to $-0.07 from the preceding reporting period. These figures indicate a positive trend for UMH.
One of the key highlights in UMH's financial report is the increase in revenue. The company reported a 12.326% increase in revenue to $55.29 million from $49.22 million in the same reporting period last year. Sequentially, revenue increased by 5.1% from $52.61 million. This growth in revenue positions UMH favorably among its Real Estate Investment Trusts (REITs) sector peers, who experienced an overall 5.24% improvement in top-line figures during the same period.

Umh Properties Inc

Umh Properties Inc Reports Revenue Growth but Records Net Shortfall in Recent Fiscal Period

Investors of Umh Properties Inc may be concerned with the news that the company reported losses in the most recent fiscal period, despite an increase in revenue. The company reported a 14.692% increase in revenue to $52.61 million in the financial span ending March 31, 2023, compared to the same period a year before. However, the company recorded a net shortfall of $-1.501 million, instead of a net income of $3.275 million, in the corresponding reporting season a year before.
Looking at the previous reporting season, revenue also increased by 7.916% from $48.75 million and from $0.00 per share. The company reported a loss of $-0.09 shortfall per share in the most recent reporting season.







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