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UMH Properties, Inc. - UMH STOCK NEWS

Welcome to our dedicated page for UMH Properties news (Ticker: UMH), a resource for investors and traders seeking the latest updates and insights on UMH Properties stock.

UMH Properties, Inc. (symbol: UMH) is a publicly traded real estate investment trust (REIT) that has been specializing in manufactured home communities since 1968. Founded on principles of stability and long-term growth, UMH owns and operates 74 manufactured home communities across seven states in the Northeast, including New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, and Michigan. These communities collectively offer approximately 13,400 home sites, providing residents with a dependable and recession-resistant living environment.

UMH Properties is multifaceted in its operations. In addition to leasing home sites to residents, they also lease manufactured homes. Through their wholly-owned subsidiary, UMH Sales and Finance, Inc., they sell and finance the purchase of manufactured homes, making homeownership more accessible. This subsidiary also facilitates home sales for placement on privately-owned land, broadening their market reach.

The company prides itself on owning not just the homes and sites, but also the accompanying infrastructure such as utility connections, streets, lighting, driveways, and common area amenities. These capital improvements enhance the quality of life for residents and contribute to stable income streams for UMH.

Operating as a public company since 1985, UMH has continually demonstrated financial resilience and growth. For prospective investors and residents alike, the company's investor relations website (ir.umh.com) offers comprehensive resources, including the latest annual reports, letters to shareholders, and SEC filings.

Those interested in purchasing a home within UMH's communities can visit the UMH Sales and Finance website at www.umhhomesales.com for more information.

News

UMH PROPERTIES, INC. PUBLISHES ITS 2023 SUSTAINABILITY REPORT

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UMH Properties, Inc. releases its 2023 Sustainability Report showcasing its commitment to affordable housing, environmental initiatives, and corporate governance. The report highlights UMH's efforts in providing quality housing and enhancing communities.
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UMH PROPERTIES, INC. HONORED WITH MANUFACTURED HOUSING INSTITUTE’S COMMUNITY OPERATOR OF THE YEAR

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UMH Properties, Inc. named Manufactured Housing Institute's Community Operator of the Year for the fourth time. UMH continues to acquire, improve, and expand communities, providing quality affordable housing. UMH Properties, Inc. is a public equity REIT owning 135 manufactured home communities with approximately 25,800 developed homesites in various states.
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UMH PROPERTIES, INC. EXPANDS ITS EXISTING UNSECURED REVOLVING CREDIT AGREEMENT

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UMH Properties, Inc. expands its unsecured revolving credit facility from $180 million to $260 million, syndicated with three banks. The move aims to boost liquidity and strengthen financial flexibility.
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UMH PROPERTIES, INC. DECLARES PREFERRED DIVIDEND

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UMH Properties, Inc. declares a quarterly dividend of $0.3984375 per share for its Series D Cumulative Redeemable Preferred Stock, payable on June 17, 2024. The company, a public equity REIT established in 1968, owns and manages 135 manufactured home communities across multiple states, with additional joint ventures in Florida.
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UMH PROPERTIES, INC. ANNOUNCES DIVIDEND INCREASE

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UMH Properties, Inc. (UMH) announced a 4.9% increase in its quarterly common stock dividend to $0.215 per share, payable on June 17, 2024. The company experienced three consecutive quarters of normalized FFO per share growth in 2023, with a positive outlook on occupancy, revenue, and earnings growth.
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UMH PROPERTIES, INC. WILL HOST FIRST QUARTER 2024 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL

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UMH Properties, Inc. to Host First Quarter 2024 Financial Results Webcast and Conference Call
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UMH PROPERTIES, INC. PUBLISHES ITS 2023 ANNUAL REPORT

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UMH Properties, Inc. releases its 2023 Annual Report, showcasing its position as a leading real estate investment trust specializing in manufactured home communities. The report highlights the company's ownership of 135 communities with over 25,800 homesites across various states, along with its joint venture in Florida. President and CEO, Samuel A. Landy, urges stakeholders to explore the report for insights into the company's performance and future prospects.
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UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2023

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UMH Properties, Inc. reported a 13% increase in Total Income for the year ended December 31, 2023, compared to the previous year. The company also saw improvements in Net Income, Funds from Operations, and Normalized Funds from Operations. The President and CEO highlighted various achievements and financial milestones, including acquisitions, joint ventures, credit facility amendments, and stock offerings. UMH aims to continue its growth trajectory and deliver strong operating results in 2024.
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UMH PROPERTIES, INC. ANNOUNCES TAX TREATMENT FOR 2023 DISTRIBUTIONS

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UMH Properties, Inc. announces tax treatment of 2023 distributions. The report details the nature of cash distributions paid to stockholders of UMH's common and preferred shares during the calendar year, including percentages and dollar values. UMH Properties, Inc. is a public equity REIT that owns and operates manufactured home communities across various states.
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UMH PROPERTIES, INC. WILL HOST FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL

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UMH Properties, Inc. will host its Fourth Quarter and Full Year 2023 Financial Results Webcast and Conference Call on February 29, 2024. The company owns and operates 135 manufactured home communities and has an ownership interest in two communities in Florida. UMH Properties, Inc. is a public equity REIT specializing in manufactured home communities.
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FAQ

What is the current stock price of UMH Properties (UMH)?

The current stock price of UMH Properties (UMH) is $18.01 as of January 29, 2025.

What is the market cap of UMH Properties (UMH)?

The market cap of UMH Properties (UMH) is approximately 1.4B.

What does UMH Properties, Inc. specialize in?

UMH Properties, Inc. specializes in owning and operating manufactured home communities, offering leasing and sales of manufactured homes.

How many communities does UMH Properties operate?

UMH Properties operates 74 manufactured home communities across seven northeastern states.

Which states are home to UMH Properties' communities?

UMH Properties' communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, and Michigan.

What is UMH Sales and Finance?

UMH Sales and Finance is a wholly-owned subsidiary of UMH Properties that sells and finances the purchase of manufactured homes.

How long has UMH Properties been in business?

UMH Properties has been in business since 1968 and has been a publicly traded company since 1985.

Where can I find financial reports and SEC filings for UMH Properties?

Financial reports and SEC filings can be found on the UMH Properties investor relations website at ir.umh.com.

What kind of infrastructure does UMH Properties own within its communities?

UMH Properties owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements within its communities.

Can I purchase a home in one of UMH's communities?

Yes, homes can be purchased through UMH Sales and Finance by visiting www.umhhomesales.com.

What are the benefits of living in a UMH Properties community?

UMH Properties communities offer long-term appreciation, recession-resistant qualities, and stable income streams, providing a reliable and high-quality living environment.

How does UMH Properties generate income?

UMH Properties generates income through lease agreements for home sites and homes, as well as through the sale and financing of manufactured homes.
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UMH Properties, Inc.

NYSE:UMH

UMH Rankings

#2266 Ranked by Market Cap
#627 Ranked by Dividends

UMH Stock Data

1.43B
73.80M
6.27%
78.01%
2.28%
REIT - Residential
Real Estate Investment Trusts
Link
United States of America
FREEHOLD