UMH Properties Management

Management criteria checks 3/4

UMH Properties' CEO is Sam Landy, appointed in Jan 1995, has a tenure of 29.25 years. total yearly compensation is $2.07M, comprised of 37% salary and 63% bonuses, including company stock and options. directly owns 1.91% of the company’s shares, worth €18.91M. The average tenure of the management team and the board of directors is 29.3 years and 11.6 years respectively.

Key information

Sam Landy

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage	37.0%
CEO tenure	29.3yrs
CEO ownership	1.9%
Management average tenure	29.3yrs
Board average tenure	11.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sam Landy's remuneration changed compared to UMH Properties's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$2m	US$766k	-US$9m
Sep 30 2023	n/a	n/a	-US$15m
Jun 30 2023	n/a	n/a	-US$19m
Mar 31 2023	n/a	n/a	-US$37m
Dec 31 2022	US$3m	US$766k	-US$36m
Sep 30 2022	n/a	n/a	-US$27m
Jun 30 2022	n/a	n/a	-US$21m
Mar 31 2022	n/a	n/a	US$10m
Dec 31 2021	US$4m	US$649k	US$21m
Sep 30 2021	n/a	n/a	US$27m
Jun 30 2021	n/a	n/a	US$18m
Mar 31 2021	n/a	n/a	US$20m
Dec 31 2020	US$3m	US$649k	-US$30m
Sep 30 2020	n/a	n/a	-US$49m
Jun 30 2020	n/a	n/a	-US$30m
Mar 31 2020	n/a	n/a	-US$46m
Dec 31 2019	US$1m	US$649k	US$3m
Sep 30 2019	n/a	n/a	-US$27m
Jun 30 2019	n/a	n/a	-US$44m
Mar 31 2019	n/a	n/a	-US$23m
Dec 31 2018	US$3m	US$649k	-US$57m
Sep 30 2018	n/a	n/a	-US$24m
Jun 30 2018	n/a	n/a	-US$18m
Mar 31 2018	n/a	n/a	-US$33m
Dec 31 2017	US$2m	US$488k	-US$8m

Compensation vs Market: Sam's total compensation ($USD2.07M) is above average for companies of similar size in the German market ($USD1.29M).

Compensation vs Earnings: Sam's compensation has been consistent with company performance over the past year.

CEO

Sam Landy (63 yo)

29.3yrs

Tenure

US$2,067,604

Compensation

Mr. Samuel A. Landy, also known as Sam, has been Chief Executive Officer and President of UMH Properties, Inc. since 1995 and has been its Director since 1992. Mr. Landy served as the Vice President at UMH...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Eugene Landy	Founder & Chairman of the Board	56.3yrs	US$652.12k	2.12% $ 20.9m
Samuel Landy	President	29.3yrs	US$2.07m	1.91% $ 18.9m
Anna Chew	EVP, CFO	29.3yrs	US$1.78m	1.48% $ 14.7m
Brett Taft	Executive VP & COO	4.3yrs	US$849.30k	0.17% $ 1.7m
Craig Koster	Executive VP	9.3yrs	US$896.15k	0.15% $ 1.5m
Nelli Madden	Vice President of Investor Relations	no data	no data	no data
Abby Karnofsky	Vice President of Marketing	no data	no data	no data
Christine Lindsey	Senior Vice President	no data	no data	no data
Jeffrey Yorick	Executive Vice President of Engineering	no data	no data	no data
Robert Van Schuyver	Senior Vice President	no data	no data	no data
Regina Beasley	Senior Vice President	no data	no data	no data
Ayal Dreifuss	Senior Vice President of Rental Operations	no data	no data	no data

29.3yrs

Average Tenure

63yo

Average Age

Experienced Management: WXE's management team is seasoned and experienced (29.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Eugene Landy	Founder & Chairman of the Board	56.3yrs	US$652.12k	2.12% $ 20.9m
Samuel Landy	President	32.3yrs	US$2.07m	1.91% $ 18.9m
Anna Chew	EVP, CFO	29.3yrs	US$1.78m	1.48% $ 14.7m
Matthew Hirsch	Presiding Independent Director	10.6yrs	US$157.51k	0.076% $ 750.6k
Michael Landy	Director	13yrs	US$100.00k	0.70% $ 6.9m
Kenneth Quigley	Independent Director	8yrs	US$168.51k	0.041% $ 405.1k
Jeffrey Carus	Independent Director	13yrs	US$152.01k	0.033% $ 321.4k
Stuart Levy	Independent Director	12.6yrs	US$160.26k	0.025% $ 244.7k
William Mitchell	Independent Director	4.8yrs	US$168.51k	0.027% $ 265.1k
Kiernan Conway	Independent Director	1.8yrs	US$147.20k	0.0030% $ 29.7k
Amy Butewicz	Independent Director	4.3yrs	US$148.57k	0.015% $ 147.8k
Angela Pruitt-Marriott	Independent Director	2.6yrs	US$149.26k	0.013% $ 124.0k

11.6yrs

Average Tenure

60.5yo

Average Age

Experienced Board: WXE's board of directors are seasoned and experienced ( 11.6 years average tenure).

UMH Properties Management

Management criteria checks 3/4

Key information

Recent management updates

Executive VP & COO recently sold €144k worth of stock

UMH Properties, Inc., Annual General Meeting, May 29, 2024

UMH Properties, Inc. Announces Board Changes

Umh Properties, Inc. Announces Promotion of Stephanie McQuay to Director of Diversity, Equity and Inclusion

Presiding Independent Director recently bought €51k worth of stock

Independent Director recently bought €63k worth of stock

Recent updates

Fourth quarter dividend of US$0.21 announced

Executive VP & COO recently sold €144k worth of stock

UMH Properties, Inc., Annual General Meeting, May 29, 2024

UMH Properties, Inc. Approves Quarterly Common Stock Dividend, Payable June 17, 2024

UMH Properties, Inc. to Report Q1, 2024 Results on May 02, 2024

UMH Properties, Inc. has filed a Follow-on Equity Offering in the amount of $150 million.

Full year 2023 earnings released: US$0.14 loss per share (vs US$0.67 loss in FY 2022)

Upcoming dividend of US$0.20 per share at 5.5% yield

UMH Properties, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable March 15, 2024

UMH Properties, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Third quarter 2023 earnings released: US$0.09 loss per share (vs US$0.18 loss in 3Q 2022)

Upcoming dividend of US$0.20 per share at 5.5% yield

UMH Properties, Inc. Declares Quarterly Cash Dividend on the Company's Common Stock, Payable December 15, 2023

UMH Properties, Inc. Announces Board Changes

UMH Properties, Inc. to Report Q3, 2023 Results on Nov 08, 2023

Second quarter 2023 earnings released: US$0.073 loss per share (vs US$0.41 loss in 2Q 2022)

Upcoming dividend of US$0.20 per share at 5.1% yield

UMH Properties, Inc. Declares Quarterly Cash Dividend, Payable on September 15, 2023

UMH Properties, Inc. to Report Q2, 2023 Results on Aug 08, 2023

First quarter 2023 earnings released: US$91.00 loss per share (vs US$0.083 loss in 1Q 2022)

Upcoming dividend of US$0.20 per share at 5.4% yield

Full year 2022 earnings released: US$0.63 loss per share (vs US$0.46 profit in FY 2021)

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.20 per share at 4.4% yield

Umh Properties, Inc. Announces Promotion of Stephanie McQuay to Director of Diversity, Equity and Inclusion

UMH Properties, Inc. to Report Q4, 2022 Results on Feb 28, 2023

UMH Properties, Inc. (NYSE:UMH) acquired Manufactured home community located in Albany, Georgia for $3.7 million.

UMH Properties, Inc. Announces Quarterly Dividend Increase, Payable March 15, 2023

UMH Properties, Inc. (NYSE:UMH) and Nuveen, LLC acquired Rum Runner for $15.1 million.

UMH Properties, Inc. (NYSE:UMH) acquired Oak Tree Estates located in Jackson, New Jersey for $23 million.

UMH Properties, Inc. (NYSE:UMH) acquired Manufactured home community located in Canton, Ohio for $19.1 million.

UMH Properties, Inc. (NYSE:UMH) acquired Manufactured home community located in Canton, Ohio for $19.1 million.

Third quarter 2022 earnings released: US$0.18 loss per share (vs US$0.071 loss in 3Q 2021)

Upcoming dividend of US$0.20 per share

Presiding Independent Director recently bought €51k worth of stock

UMH Properties, Inc. to Report Q3, 2022 Results on Nov 08, 2022

UMH Properties, Inc. Declares Quarterly Cash Dividend, Payable on December 15, 2022

Qualified opportunity zone fund of UMH Properties, Inc. (NYSE:UMH) acquired Manufactured home community located in Orangeburg, South Carolina for $5.2 million.

Second quarter 2022 earnings released: US$0.006 FFO loss per share (vs US$0.23 profit in 2Q 2021)

Upcoming dividend of US$0.20 per share

UMH Properties, Inc. (NYSE:UMH) acquired Manufactured Home Community in Erie, Michigan.

UMH Properties, Inc. (NYSE:UMH) acquired Manufactured Home Community in Erie, Michigan.

UMH Properties, Inc. Declares Quarterly Cash Dividend, Payable on September 15, 2022

UMH Properties, Inc. to Report Q2, 2022 Results on Aug 03, 2022

UMH Properties, Inc. (NYSE:UMH) acquired Alabama Manufactured Home Community for $3.9 million.

Independent Director recently bought €63k worth of stock

Upcoming dividend of US$0.20 per share

UMH Properties, Inc. (NYSE:UMH) acquired Manufactured Home Community Located in Butler, Pennsylvania for $7.4 million.

UMH Properties, Inc. to Report Q1, 2022 Results on May 04, 2022

UMH Properties, Inc. Declares Quarterly Cash Dividend, Payable on June 15, 2022

UMH Properties, Inc., Annual General Meeting, Jun 01, 2022

UMH Properties, Inc. (NYSE:UMH) acquired Manufactured Home Community Located in Monaca, Pennsylvania for $5.8 Million.

Independent Director recently sold €175k worth of stock

Independent Director recently sold €61k worth of stock

Independent Director recently sold €88k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.20 per share

Nuveen, LLC and UMH Properties, Inc. (NYSE:UMH) completed the acquisition of Community with 219 sites in Florida.

Nuveen, LLC and UMH Properties, Inc. (NYSE:UMH) agreed to acquire Community with 219 sites in Florida for $23 million.

Upcoming dividend of US$0.19 per share

Third quarter 2021 earnings released: US$0.07 loss per share (vs US$0.31 loss in 3Q 2020)

Director recently sold €205k worth of stock

Independent Director recently sold €50k worth of stock

Upcoming dividend of US$0.19 per share

Second quarter 2021 earnings released: EPS US$0.18 (vs US$0.25 in 2Q 2020)

UMH Properties, Inc. (NYSE:UMH) acquired Manufactured Home Community Located in Sandusky, Ohio for $10.3 million.

General Counsel & Secretary recently sold €105k worth of stock

First quarter 2021 earnings released: EPS US$0.16 (vs US$1.04 loss in 1Q 2020)

Upcoming dividend of US$0.19 per share