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Umh Pptys Inc - UMH STOCK NEWS

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

Overview

UMH Properties Inc. (UMH) is a specialized real estate investment trust (REIT) focused on the ownership, operation, and management of manufactured home communities in a diversified portfolio spanning several states in the Northeast and surrounding regions. The company has established itself as a stalwart in the residential real estate landscape by offering a blend of affordable housing solutions and stable, recession-resistant income streams. Its expert management of these communities and integrated approach to residential leasing and manufactured home sales reflect deep industry knowledge and a commitment to maintaining a resilient asset base.

Company History and Market Position

Founded with a long-standing history in the real estate market, UMH Properties Inc. has evolved its business model from a focus solely on property ownership to a multifaceted approach that capitalizes on both leasing and sales. Having been publicly traded for several decades, the company emphasizes a balance between preserving long-term capital appreciation and meeting the immediate needs of its residents. This dual approach underscores its position as a stable provider of affordable housing and strategic asset management, giving investors insight into its dedication to operational excellence and enduring market relevance.

Business Model and Operational Strategy

UMH operates by acquiring, developing, and managing manufactured home communities. Its revenue streams are generated through:

  • Residential Leasing: The company earns consistent income by leasing manufactured home sites and, in some cases, the homes themselves, ensuring long-term occupancy and stable cash flows.
  • Manufactured Home Sales and Finance: Through its wholly-owned subsidiary, UMH Sales and Finance, Inc., the company facilitates sales and financing options for manufactured homes, supplementing its traditional leasing income. This subsidiary plays a crucial role in expanding the company’s service offerings by providing residents with flexible purchasing options.
  • Community Infrastructure: The ownership and maintenance of the community infrastructure, including land, utility connections, streets, lighting, driveways, and other capital improvements, are vital in preserving the value and appeal of each community. These investments contribute directly to the operational sustainability and attractiveness of the properties.

The company leverages its expertise in property management, resident services, and financial structuring to enhance the long-term value of its assets while mitigating risks typically associated with cyclical economic downturns.

Manufactured Home Communities

At the core of UMH Properties Inc.'s operations are its manufactured home communities, which are designed to offer residents a blend of private home ownership and the benefits of communal infrastructure. These communities feature well-maintained common areas, essential utilities, and various on-site amenities that contribute to a high standard of residential living. The strategic selection of locations and the robust management practices allow the company to maintain stable occupancy rates and appeal to a broad demographic looking for affordable yet quality living solutions.

Subsidiary Operations: UMH Sales and Finance, Inc.

A key extension of UMH Properties Inc.'s business model is its subsidiary focused on home sales and financing. This arm of the company not only facilitates the sale of manufactured homes to current and prospective residents but also provides financing solutions designed to ease the purchasing process. The integration of sales and financing into the broader operational framework enhances the overall value proposition to customers, ensuring a seamless experience from home selection to financial planning.

Competitive Landscape and Risk Management

Operating in a niche segment of the real estate market, UMH Properties Inc. competes with other REITs and housing providers that focus on manufactured homes and affordable residential living. The company sets itself apart through its deep-rooted experience in community management, its integrated sales and finance subsidiary, and a comprehensive approach to property and asset management. While the market faces challenges such as regulatory shifts and regional economic variations, UMH effectively manages these risks through diversification of its portfolio and a steadfast focus on operational discipline.

Operational Excellence and Community Impact

The success of UMH Properties Inc. lies in its consistent attention to the quality of its communities and the value delivered to residents. By investing in infrastructure and maintaining high standards of community management, the company ensures that its properties remain attractive, functional, and competitive in the affordable housing market. This holistic strategy not only supports sustained property values but also reinforces a reputation built on stability and thoughtful management practices.

Industry-Specific Insights

In the broader context of real estate investment, manufactured home communities are recognized as a distinct asset class that offers resilience during economic downturns. The inherent recession-resistant nature of manufactured housing, combined with the structured income from long-term leases, makes UMH Properties Inc.'s business model particularly appealing for investors seeking stability. The company employs industry-specific practices in asset management and risk mitigation, ensuring that its portfolio is both robust and adaptable to market fluctuations.

Conclusion

UMH Properties Inc. embodies the principles of sophisticated asset management within the manufactured home community sector. Its integrated approach—combining residential leasing, home sales, and dedicated infrastructure management—demonstrates a commitment to quality and long-term value. With decades of operational experience and a resilient business model, UMH continues to serve as an informative case study in balancing growth with stability in a specialized sector of the real estate market.

Rhea-AI Summary
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. (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. to Host First Quarter 2024 Financial Results Webcast and Conference Call
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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. 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 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 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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UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) declared a quarterly cash dividend of $0.205 per share for its Common Stock, with an annual dividend rate of $0.82 per share. Additionally, a quarterly dividend of $0.3984375 per share was declared for the Company’s 6.375% Series D Cumulative Redeemable Preferred Stock, with an annual rate of $1.59375 per share. UMH Properties, Inc. is a public equity REIT that owns and operates 135 manufactured home communities in multiple states and has an ownership interest in two communities in Florida through a joint venture with Nuveen Real Estate.
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UMH Properties, Inc. (UMH) achieved an equity market capitalization of over $1 billion by year end 2023. The company rented 1,040 new homes and sold 164 new homes during the year, resulting in a 22.9% increase in home sales revenue. Occupancy rate increased to 94.0% with an overall 86.7% occupancy and a 12.0% increase in January 2024 rental and related charges. UMH's Fourth Quarter and Full Year 2023 results will be released on Wednesday, February 28, 2024.
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UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) will celebrate its 55th Anniversary by ringing the Opening Bell at the New York Stock Exchange (NYSE) on January 10, 2024. At yearend 2023, UMH had 68 million shares outstanding at a price of $15.32 per share, resulting in an equity market capitalization of over $1 billion. UMH is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,800 developed homesites across multiple states. The company also has an ownership interest in and operates two communities in Florida through a joint venture with Nuveen Real Estate.
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FAQ

What is the current stock price of Umh Pptys (UMH)?

The current stock price of Umh Pptys (UMH) is $17.29 as of April 18, 2025.

What is the market cap of Umh Pptys (UMH)?

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

What is the primary business focus of UMH Properties Inc.?

UMH Properties Inc. primarily operates as a REIT that owns and manages manufactured home communities, providing residential leasing options and integrated services.

How does UMH generate its revenue?

The company generates revenue through leasing of manufactured home sites and properties, as well as through its subsidiary which facilitates home sales and financing, ensuring multiple income streams.

What distinguishes manufactured home communities as an asset class?

Manufactured home communities offer long-term appreciation and stability due to their affordable housing model and resilience during economic downturns, making them a recession-resistant asset class.

What role does the subsidiary UMH Sales and Finance, Inc. play in the business?

UMH Sales and Finance, Inc. supports the overall business model by facilitating the sale and financing of manufactured homes, complementing the leasing operations and adding to the company’s service portfolio.

In which geographical regions does UMH operate?

UMH Properties Inc. operates across several states in the Northeast and surrounding regions, where it has developed a diversified portfolio of manufactured home communities.

How does UMH manage risks associated with its operations?

UMH manages risks by diversifying its portfolio, maintaining a robust property management strategy, and focusing on the inherent stability of its manufactured home communities.

What are the key benefits for residents in UMH communities?

Residents benefit from high-quality community infrastructure, affordable housing options, and the combination of residential leasing with the option to purchase homes through integrated financing solutions.

How does UMH maintain its competitive position in the market?

UMH stays competitive through expertise in property management, an integrated business approach that combines leasing and home sales, and a focus on ensuring the long-term value and stability of its communities.
Umh Pptys Inc

NYSE:UMH

UMH Rankings

UMH Stock Data

1.39B
77.08M
6%
80.89%
1.85%
REIT - Residential
Real Estate Investment Trusts
Link
United States
FREEHOLD