UMH Properties

UMH Properties, Inc. operates as a real estate investment trust. It engages in the ownership and operation of manufactured home communities in seven states throughout the northeast. These states include New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana and Michigan. Manufactured home communities provide long-term appreciation, recession resistant qualities, and stable income streams. The firm also leases manufactured homes to residents. It designs accommodate detached, single-family manufactured homes which are produced off-site by manufacturers and installed on sites within the communities. The company was founded by Eugene W. Landy in 1968 and is headquartered in Freehold, NJ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

UMH Properties reports solid Q1 performance amidst affordability focus

UMH Properties demonstrated strong financial performance with FFO and rental income growth, focusing on affordability and long-term capital.
Challenges include increased costs due to inventory management and pricing pressures on new homes, but the company is actively addressing these issues.
Opportunities lie in capital optimization, inventory reduction, and strategic acquisitions to drive future growth and operational efficiency.
Overall, UMH's stable performance, tenant quality focus, and strategic initiatives position the company well for sustained growth and competitiveness.

UMH Properties reports robust Q2 performance, eyes national expansion

UMH Properties delivered a strong performance in Q2 2023, with notable increases in key financial metrics and successful debt reduction post-quarter end.
The company's strategic focus on affordable housing solutions, tenant retention strategies, and expansion into high-demand markets position it well for future growth and market leadership.
Despite challenges posed by inflation and operational scalability, UMH Properties remains resilient and poised to capitalize on opportunities for revenue growth and market expansion.

UMH Properties reports strong Q3 growth, eyes Florida for expansion

UMH Properties demonstrated positive financial performance and growth in Q3 2023, with plans to expand its portfolio and increase profitability.
The company's strategic positioning in affordable housing markets and focus on workforce housing present growth opportunities.
Despite challenges such as high mortgage rates and property development timelines, UMH remains committed to meeting housing needs and driving revenue.
UMH's emphasis on long-term growth, community improvements, and capital allocation underscores its resilience and strategic vision for the future.

UMH Properties reports robust Q4 performance and eyes growth opportunities

UMH Properties delivered strong financial results, showcasing growth in FFO, sales, and community NOI, underpinned by a focus on affordable housing and operational efficiency.
While challenges exist in debt management and profitability metrics, the company's proactive approach and strategic initiatives position them well for future growth and dividend increases.
Opportunities in expanding through acquisitions, optimizing revenue streams, and enhancing operational efficiency present avenues for sustained growth and value creation in 2024.

UMH Properties reports strong Q1 performance and eyes growth opportunities

UMH Properties demonstrated robust financial performance in Q1 2024, marked by revenue growth, increased occupancy, and operational efficiency improvements.
The company's strategic focus on affordable housing demand, cost management, and revenue enhancement positions it for sustained growth and value creation.
While facing challenges in expanding communities and maintaining operational excellence, UMH has opportunities to drive growth through strategic investments and market expansion.
Overall, UMH's strong performance, resilience, and strategic initiatives underscore its potential for continued success and value creation for stakeholders.

UMH Properties reports strong Q3 growth, eyes acquisitions for expansion

UMH Properties' Q3 performance reflects a robust growth trajectory, supported by increased occupancy and revenue. The company's strategic focus on affordable housing and expansion plans position it well for future opportunities and acquisitions.

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UMH (UMH) delivered FFO and revenue surprises of 0.00% and 6.53%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

UMH Properties (UMH) Q2 FFO Meet Estimates

FREEHOLD, NJ, Aug. 04, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) reported Total Income for the quarter ended June 30, 2021 of $49.0 million as compared to $40.1 million for the quarter ended June 30, 2020, representing an increase of 22%. Net Income Attributable to Common Shareholders amounted to $8.4 million or $0.18 per diluted share for the quarter ended June 30, 2021 as compared to Net Income of $10.2 million or $0.25 per diluted share for the quarter ended June 30, 2020.

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2021

The manufactured housing industry has entered a period of sustainable growth that looks to be still in the early innings.

UMH Properties: Underappreciated Growth Prospects Make This Company A Strong Buy

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UMH Properties has demonstrated strong growth with attractive demand characteristics. Yet it's valued cheaply relative to its slower growing peers.

UMH Properties: Mr. Market Has It All Wrong

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FREEHOLD, NJ, June 25, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced that it will host its Second Quarter 2021 Financial Results Webcast and Conference Call. Senior management will discuss the results, current market conditions and future outlook on Thursday, August 5, 2021, at 10:00 a.m. Eastern Time.

UMH PROPERTIES, INC. WILL HOST SECOND QUARTER 2021 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL

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FREEHOLD, NJ, June 08, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) today announced that as of June 7, 2021, the Company had outstanding 46,853,371 shares of the Company's common stock. Increases in shares outstanding since the number reported in the Company's March 31, 2021 Form 10-Q are due primarily to issuance of shares under the Company's Common Stock At-The-Market (“ATM”) Sales Program.

UMH PROPERTIES, INC. REACHES $1 BILLION EQUITY MARKET CAPITALIZATION

FREEHOLD, NJ, June 02, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) today announced that Samuel A. Landy, President and Chief Executive Officer, Anna T. Chew, Vice President and Chief Financial Officer, and Eugene W. Landy, Chairman of the Board, are scheduled to participate in Nareit's REITweek: 2021 Virtual Investor Conference.

UMH PROPERTIES, INC. TO PARTICIPATE IN NAREIT'S REITWEEK: 2021 VIRTUAL INVESTOR CONFERENCE

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Does UMH Properties (UMH) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes UMH Properties (UMH) a Strong Momentum Stock: Buy Now?

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UMH Properties, Inc. (UMH) CEO Samuel Landy on Q1 2021 Results - Earnings Call Transcript

UMH (UMH) delivered FFO and revenue surprises of -4.76% and 2.70%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

UMH Properties (UMH) Misses Q1 FFO Estimates

FREEHOLD, NJ, May 06, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) reported Total Income for the quarter ended March 31, 2021 of $43.1 million as compared to $37.6 million for the quarter ended March 31, 2020, representing an increase of 15%. Net Income Attributable to Common Shareholders amounted to $6.8 million or $0.16 per diluted share for the quarter ended March 31, 2021 as compared to a Net Loss of $42.8 million or $1.04 per diluted share for the quarter ended March 31, 2020.

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2021

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UMH Properties Crushes Sun Communities Through Smarter G&A

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FREEHOLD, NJ, April 05, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced that it will host its First Quarter 2021 Financial Results Webcast and Conference Call. Senior management will discuss the results, current market conditions and future outlook on Friday, May 7, 2021, at 10:00 a.m. Eastern Time.

UMH PROPERTIES, INC. WILL HOST FIRST QUARTER 2021 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL

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The combination of a shortage of housing and increasing demand for housing is a powerful tailwind. While this tailwind helps both homebuilders and MH, strategic factors suggest MH will get more sustaining benefit.

Sell Homebuilders And Buy Manufactured Housing

FREEHOLD, NJ, March 25, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced today that it has published its 2020 Annual Report. It is now available on the Company's website at www.umh.reit .

UMH PROPERTIES, INC. PUBLISHES ITS 2020 ANNUAL REPORT

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UMH Properties is firing on all cylinders, as it capped off a strong 2020, with both top- and bottom-line growth. It has plenty of growth runway, given the high amount of vacant land to develop, and its properties are recession-resilient.

Empower Your Retirement With 4%-Yielding UMH Properties

UMH Properties, Inc. (UMH) CEO Samuel Landy on Q4 2020 Results - Earnings Call Transcript

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