UMH Properties (TASE:UMH) - Stock Price, News & Analysis

UMH Stock Overview

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 124 manufactured home communities containing approximately 23,400 developed homesites.

UMH fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	0/6
Financial Health	1/6
Dividends	3/6

Rewards

Trading at 49.1% below our estimate of its fair value

Earnings are forecast to grow 116.81% per year

Risk Analysis

Dividend of 5.9% is not well covered by earnings or cash flows

Volatile share price over the past 3 months

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

UMH Properties, Inc. Competitors

Reit 1

TASE:RIT1

₪2.9b

Isras Investment

TASE:ISRS

₪3.0b

AFI Properties

TASE:AFPR

₪3.6b

Summit Real Estate Holdings

TASE:SMT

₪2.7b

Price History & Performance

Summary of all time highs, changes and price drops for UMH Properties
Historical stock prices
Current Share Price	US$56.99
52 Week High	US$86.99
52 Week Low	US$50.62
Beta	1.27
1 Month Change	-8.17%
3 Month Change	2.39%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-25.01%

Recent updates

Shareholder Returns

	UMH	IL Residential REITs	IL Market
7D	0%	0%	0%
1Y	n/a	0%	0%

Return vs Industry: Insufficient data to determine how UMH performed against the IL industry.

Return vs Market: Insufficient data to determine how UMH performed against the IL Market.

Price Volatility

Is UMH's price volatile compared to industry and market?
UMH volatility
UMH Average Weekly Movement	8.0%
Residential REITs Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in IL Market	0%
10% least volatile stocks in IL Market	0%

Stable Share Price: UMH is more volatile than 75% of IL stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: UMH's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of IL stocks.

About the Company

Founded	Employees	CEO	Website
1968	460	Sam Landy	https://www.umh.reit

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 124 manufactured home communities containing approximately 23,400 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland. In addition, the Company owns a portfolio of REIT securities.

UMH Properties, Inc. Fundamentals Summary

How do UMH Properties's earnings and revenue compare to its market cap?
UMH fundamental statistics
Market Cap	₪3.04b
Earnings (TTM)	-₪133.55m
Revenue (TTM)	₪716.19m

4.2x

P/S Ratio

-22.8x

P/E Ratio

Is UMH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
UMH income statement (TTM)
Revenue	US$195.11m
Cost of Revenue	US$93.22m
Gross Profit	US$101.88m
Other Expenses	US$138.27m
Earnings	-US$36.38m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.61
Gross Margin	52.22%
Net Profit Margin	-18.65%
Debt/Equity Ratio	138.2%

How did UMH perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

-120%

Payout Ratio

UMH Stock Overview

Rewards

Risk Analysis

UMH Properties, Inc. Competitors

TASE:RIT1

₪2.9b

TASE:ISRS

₪3.0b

TASE:AFPR

₪3.6b

TASE:SMT

₪2.7b

Price History & Performance

Recent News & Updates

Director recently bought ₪107k worth of stock

Now 17% undervalued after recent price drop

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

Upcoming dividend of US$0.20 per share at 4.3% 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

Recent updates

Director recently bought ₪107k worth of stock

Now 17% undervalued after recent price drop

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

Upcoming dividend of US$0.20 per share at 4.3% 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

Presiding Independent Director recently bought ₪99k worth of stock

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 ₪179k 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.

Upcoming dividend of US$0.20 per share

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

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 ₪224k worth of stock

Upcoming dividend of US$0.20 per share

First quarter 2022 earnings released: FFO: US$45.7m per share (vs US$0.20 in 1Q 2021)

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

Independent Director recently sold ₪77k worth of stock

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 bought ₪77k worth of stock

Independent Director recently sold ₪630k worth of stock

Shareholder Returns

Price Volatility

About the Company

UMH Properties, Inc. Fundamentals Summary

4.2x

-22.8x

Earnings & Revenue

Dividends

5.9%

-120%