Streetbeat News

UMH

UMH Properties, Inc.

https://www.umh.reit

Industry

REIT - Residential

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 124 manufactured home communities containing approximately 23,400 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.

Open

17.77

Mkt cap

1.4B

Volume

308K

High

17.85

P/E Ratio

135.77

52-wk high

20.64

Low

17.50

Div yield

0.05

52-wk low

14.09

UMH Properties, Inc. has announced the tax treatment for its 2024 distributions, detailing the nature of cash distributions for its common and preferred shares for the year ending December 31, 2024.

Portfolio Pulse from

January 22, 2025 | 9:30 pm

UMH Properties is capitalizing on the U.S. housing shortage by offering affordable manufactured homes, leading to strong earnings growth. The company plans significant expansion in 2024 and 2025, supporting organic growth. UMH-D is rated a BUY due to its well-covered yield and favorable market conditions.

Portfolio Pulse from

January 17, 2025 | 2:30 pm

The Zacks Industry Outlook article highlights LifeStyle Properties, Veris Residential, and UMH Properties, focusing on their current market positions and potential future performance.

Portfolio Pulse from

January 17, 2025 | 8:45 am

UMH Properties, Inc., a REIT specializing in manufactured home communities, will host a webcast and conference call to discuss its Q4 and full-year 2024 financial results on February 27, 2025.

Portfolio Pulse from

January 16, 2025 | 4:30 pm

UMH Properties, Inc. has declared a quarterly cash dividend of $0.215 per share on its Common Stock, payable on March 17, 2025, with a record date of February 18, 2025. The annual dividend rate is $0.86 per share.

Portfolio Pulse from

January 07, 2025 | 10:00 pm

UMH Properties' preferred shares offer a 6.89% yield with strong dividend coverage due to robust FFO and AFFO performance. The issuance of new common shares has improved the balance sheet by reducing debt and interest expenses.

Portfolio Pulse from

November 27, 2024 | 3:45 pm

UMH Properties' preferred stock has yielded a 19% return in under 18 months due to reduced debt and lower interest rates. The REIT improved its financial health by lowering its leverage ratio and interest expenses. The 6.9% preferred dividend is secure, making it an attractive investment.

Portfolio Pulse from

November 26, 2024 | 8:15 am

UMH Properties, Inc. held its Q3 2024 earnings call, discussing financial performance and company updates. Key participants included executives and analysts from various firms.

Portfolio Pulse from

November 07, 2024 | 9:00 pm

UMH Properties (UMH) reported its Q3 earnings for the quarter ended September 2024. Investors should consider how key metrics compare with Wall Street estimates and the previous year's figures.

Portfolio Pulse from

November 07, 2024 | 3:15 am

UMH Properties reported Q3 funds from operations (FFO) of $0.24 per share, meeting the Zacks Consensus Estimate and showing an increase from $0.22 per share a year ago.

Portfolio Pulse from

November 07, 2024 | 1:45 am

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