UMH Properties, Inc. | REIT Profile
Symbol: UMH
CIK: 752642
Exchange: NYSE
Preferred Stock: UMH-C, UMH-D
Founded: 1968 (56 years)
HQ: Freehold Township, NJ, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Residential
Internally Managed REIT
See UMH on Yahoo Finance
See UMH on SEC.gov
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UMH Properties, Inc. is a public equity REIT (real estate investment trust) headquartered in Freehold, NJ. The Company owns and operates a portfolio of 135 manufactured home communities with approximately 25,700 developed homesites. These communities are located in eleven states: New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, 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. In addition, UMH owns approximately 2,000 acres of land for the development of new sites. UMH has been in business since 1968, operating as a public company since 1985. The Company is listed on the New York Stock Exchange under the symbol UMH and included in the MSCI REIT Index (RMZ). Manufactured home communities provide recession resistant qualities, reliable income streams and the potential for long-term value appreciation. This year, UMH was named Manufactured Housing Institute’s Community Operator of the Year, and was also awarded the MHI’s Retail Sales Center of the Year for the second year in a row. In 2019, UMH received MHI’s Land-Lease Community of the Year Award for the fourth consecutive time, and was also honored by the MHI's Interior Design Award. In 2018, UMH won MHI’s Operator of the Year Award. These awards recognize UMH’s long-term commitment to innovation and advancement of the manufactured housing industry, and our dedication to providing quality affordable housing. UMH has a wholly owned taxable REIT subsidiary, UMH Sales and Finance, Inc. (S&F) which sells manufactured homes into UMH communities. If you are looking to purchase a new home in one of our beautiful communities, whether you would like to reside in a relaxing country setting or closer to an urban lifestyle, please visit the UMH Sales and Finance site at www.umh.com. UMH Sales and Finance, Inc. is licensed by the Pennsylvania Department of Banking, NMLS 200331.
Stock Chart
REITMovers
REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.
| Latest Price | High | Low | Open | Previous Close | Volume | Change $ | Change % |
|---|---|---|---|---|---|---|---|
| $17.40 | $17.69 | $17.36 | $17.42 | $17.41 | 260,213 | -$0.01 | -0.06% |
Last update: 2024-07-26 13:00:37 PST
Hightlights of Trading Day July 5, 2024
Closing Price: $16.23
Price Change: 0.09 (0.558%)
Lowest Price: $16.09
Highest Price: $16.29
52-Week Low: $12.70
52-Week Change: 5.60%
5 Day Price Change: 4.26%
1 Month Price Change: 6.25%
3 Month Price Change: 3.37%
6 Month Price Change: 12.78%
1 Year Price Change: 5.54%
2 Year Price Change: -2.13%
5 Year Price Change: 61.22%
Dividend of Trading Day July 5, 2024
Annualized Dividend: $0.86*
Dividend Yield (TTM): 5.037%
Annualized Dividend (TTM): $0.8129
Ex-Dividend Date: 2024-05-14
Next Ex-Dividend: 2024-08-15
Dividend Frequency: Quarterly
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest REIT Press Releases
- UMH Properties, Inc. - UMH PROPERTIES, INC. SECOND QUARTER 2024 OPERATIONS UPDATE - Wed, 10 Jul 2024 20:25:21 UTC
- UMH Properties, Inc. - UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS - Mon, 01 Jul 2024 20:15:54 UTC
- UMH Properties, Inc. - UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2024 - Thu, 02 May 2024 20:30:36 UTC
- UMH Properties, Inc. - UMH PROPERTIES, INC. PUBLISHES ITS 2023 SUSTAINABILITY REPORT - Fri, 05 Apr 2024 21:23:35 UTC
- UMH Properties, Inc. - 2023 Sustainability Report - Fri, 05 Apr 2024 20:31:53 UTC
Funds From Operations (FFO)
FFO Amount and Payout Ratio
Below are the FFO amounts, dividends, and payout ratios for the last two quarters for UMH.
| Year | Quarter | Type | Amount | Dividend Paid | Payout Ratio |
|---|---|---|---|---|---|
| 2024 | Q1 | Normalized FFO | $--- | $--- | ---% |
| 2024 | Q1 | FFO Core | $--- | $--- | ---% |
| 2023 | Q4 | Normalized FFO | $--- | $--- | ---% |
| 2023 | Q4 | FFO Core | $--- | $--- | ---% |
REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.
Key Stats of Trading Day July 5, 2024
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Properties Owned by UMH
Sample of REIT’s Properties. Image Source - REIT’s website
Properties Based on Earnings Report's 10-K
Occupancy Rate
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $14.60 per share you would have been able to buy 68 shares of UMH on 2023-07-26 costing $992.80 | @ $14.60 per share you would have been able to buy 34 shares of UMH on 2023-07-26 costing $496.40 | @ $14.60 per share you would have been able to buy 17 shares of UMH on 2023-07-26 costing $248.20 | @ $14.60 per share you would have been able to buy 6 shares of UMH on 2023-07-26 costing $87.60 | @ $14.60 per share you would have been able to buy 3 shares of UMH on 2023-07-26 costing $43.80 |
| Current worth | On 2024-07-05 these 68 shares would be worth $1,103.64 @ $16.23 | On 2024-07-05 these 34 shares would be worth $551.82 @ $16.23 | On 2024-07-05 these 17 shares would be worth $275.91 @ $16.23 | On 2024-07-05 these 6 shares would be worth $97.38 @ $16.23 | On 2024-07-05 these 3 shares would be worth $48.69 @ $16.23 |
| Dividends earned | $56.44 in dividends would have been earned since 2023-07-26 with 68 shares. | $28 in dividends would have been earned since 2023-07-26 with 34 shares. | $14.11 in dividends would have been earned since 2023-07-26 with 17 shares. | $4.98 in dividends would have been earned since 2023-07-26 with 6 shares. | $2.49 in dividends would have been earned since 2023-07-26 with 34 shares. |
| Net (gain / loss)* | 167.28 USD | 83.64 USD | 41.82 USD | 14.76 USD | 7.38 USD |
| ROI** | 16.85% | 16.85% | 16.85% | 16.85% | 16.85% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| --- | --- | --- | --- | --- | --- | --- |
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
Related REITs
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|---|---|---|---|---|---|
| Gladstone Commercial Corporation, Inc. (GOOD) | N/A | NASDAQ | Small-Cap | Diversified Industrial Office Health Care Retail | United States |
| Sun Communities, Inc. (SUI) | N/A | NYSE | Large-Cap | Residential | United States |
| Equity Lifestyle Properties, Inc. (ELS) | N/A | NYSE | Large-Cap | Residential | United States |
Last updated: 2024-07-26 - v4.9