UMH Properties (UMH) Stock Price, News & Analysis

Company Overview

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,800 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama, South Carolina and Georgia. UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate

Key Stats

• Today's Range: $19.18 to $19.42
• 50-Day Range: $18.21 to $20.19
• 52-Week Range: $13.91 to $20.64
• Volume: 345,184 shs
• Average Volume: 402,919 shs
• Market Capitalization: $1.52 billion
• P/E Ratio: 148.05
• Dividend Yield: 4.47%
• Price Target: $21.25
• Consensus Rating: Moderate Buy

UMH Properties Stock Analysis - MarketRank™

UMH Properties scored higher than 85% of companies evaluated by MarketBeat, and ranked 215th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

UMH Properties has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

UMH Properties has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 7.53%

Earnings Growth

Earnings for UMH Properties are expected to grow by 7.53% in the coming year, from $0.93 to $1.00 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of UMH Properties is 148.05, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of UMH Properties is 148.05, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 45.28.

Price to Earnings Growth Ratio

UMH Properties has a PEG Ratio of 3.50. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

UMH Properties has a P/B Ratio of 2.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.50% of the outstanding shares of UMH Properties have been sold short.

Short Interest Ratio / Days to Cover

UMH Properties has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in UMH Properties has recently decreased by 8.53%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

UMH Properties is a leading dividend payer. It pays a dividend yield of 4.40%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

UMH Properties does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of UMH Properties is 661.59%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, UMH Properties will have a dividend payout ratio of 86.00% in the coming year. This indicates that UMH Properties may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 2.8 / 5
• Environmental Score: -1.85

Percentage of Shares Shorted

1.50% of the outstanding shares of UMH Properties have been sold short.

Short Interest Ratio / Days to Cover

UMH Properties has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in UMH Properties has recently decreased by 8.53%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.21

News Sentiment

UMH Properties has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for UMH Properties this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for UMH on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added UMH Properties to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, UMH Properties insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,031,428.00 in company stock.

Percentage Held by Insiders

Only 8.63% of the stock of UMH Properties is held by insiders.

Percentage Held by Institutions

75.40% of the stock of UMH Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

UMH Stock Analysis - Frequently Asked Questions

How have UMH shares performed this year?

UMH Properties' stock was trading at $15.32 at the beginning of the year. Since then, UMH stock has increased by 25.6% and is now trading at $19.2450.
View the best growth stocks for 2024 here.

How were UMH Properties' earnings last quarter?

UMH Properties, Inc. (NYSE:UMH) released its quarterly earnings results on Wednesday, November, 6th. The real estate investment trust reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.24 by $0.13. The real estate investment trust had revenue of $60.67 million for the quarter, compared to the consensus estimate of $61.57 million. UMH Properties had a trailing twelve-month return on equity of 6.06% and a net margin of 11.81%.

Who are UMH Properties' major shareholders?

Top institutional investors of UMH Properties include State Street Corp (3.55%), Copeland Capital Management LLC (3.52%), FMR LLC (3.46%) and Geode Capital Management LLC (2.16%). Insiders that own company stock include Samuel A Landy, Michael P Landy, Brett Taft, Daniel O Landy, Kenneth K Quigley Jr, Steven B Wolgin, William Edward Mitchell, Amy Lynn Butewicz, Angela D Pruitt, Matthew I Hirsch, Jeffrey A Carus, Kiernan Conway and Craig Koster.
View institutional ownership trends.

How do I buy shares of UMH Properties?

Shares of UMH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of UMH Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that UMH Properties investors own include Johnson & Johnson (JNJ), UnitedHealth Group (UNH), Gilead Sciences (GILD), Cuisine Solutions (CUSI), NVIDIA (NVDA), InnerScope Hearing Technologies (INND) and Tesla (TSLA).

Company Calendar

• Ex-Dividend for 9/16 Dividend: 8/15/2024
• Dividend Payable: 9/16/2024
• Last Earnings: 11/06/2024
• Ex-Dividend for 12/16 Dividend: 11/15/2024
• Today: 11/22/2024
• Dividend Payable: 12/16/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/26/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Residential REITs
• Current Symbol: NYSE:UMH
• CUSIP: 90300210
• CIK: 752642
• Web: www.umh.reit
• Phone: (732) 577-9997
• Fax: 732-577-9980
• Employees: 480
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $21.25
• High Stock Price Target: $22.50
• Low Stock Price Target: $20.00
• Potential Upside/Downside: +10.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.13
• Trailing P/E Ratio: 148.05
• Forward P/E Ratio: 20.69
• P/E Growth: 3.5
• Net Income: $8.01 million
• Net Margins: 11.81%
• Pretax Margin: 11.77%
• Return on Equity: 6.06%
• Return on Assets: 1.92%

Debt

• Debt-to-Equity Ratio: 1.11
• Current Ratio: 8.48
• Quick Ratio: 8.48

Sales & Book Value

• Annual Sales: $220.93 million
• Price / Sales: 6.87
• Cash Flow: $0.97 per share
• Price / Cash Flow: 19.74
• Book Value: $6.99 per share
• Price / Book: 2.75

Miscellaneous

• Outstanding Shares: 78,900,000
• Free Float: 72,091,000
• Market Cap: $1.52 billion
• Optionable: Optionable
• Beta: 1.30