NYSE:UMHResidential REITs
Assessing UMH Properties (UMH) Valuation After Expanded Credit Facility And Extended Maturity
UMH Properties (UMH) stock is in focus after the company amended its unsecured revolving credit facility, increasing available borrowings to $260 million with a potential $600 million capacity and extending the maturity to 2030.
See our latest analysis for UMH Properties.
Recent news around the expanded credit facility follows a period where the stock has moved in a relatively tight range, with the 1 year total shareholder return down 2.68% and the 3 year total shareholder return up 16.19%...