Date | Price Target | Rating | Analyst |
---|---|---|---|
7/18/2024 | $21.00 | Buy | Alliance Global Partners |
3/25/2024 | $17.00 | Neutral | Wedbush |
3/21/2024 | $18.50 | Buy | B. Riley Securities |
7/12/2023 | Outperform → Peer Perform | Wolfe Research | |
10/13/2022 | $19.00 | Outperform | Wolfe Research |
1/19/2022 | $26.00 | Neutral | Colliers Securities |
11/4/2021 | $27.00 → $30.00 | Buy | Aegis Capital |
8/27/2021 | $27.50 | Outperform | Wedbush |
8-K - UMH PROPERTIES, INC. (0000752642) (Filer)
424B5 - UMH PROPERTIES, INC. (0000752642) (Filer)
8-K - UMH PROPERTIES, INC. (0000752642) (Filer)
SC 13G - UMH PROPERTIES, INC. (0000752642) (Subject)
SC 13G/A - UMH PROPERTIES, INC. (0000752642) (Subject)
SC 13D/A - UMH PROPERTIES, INC. (0000752642) (Subject)
FREEHOLD, NJ, Aug. 06, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended June 30, 2024 of $60.3 million as compared to $55.3 million for the quarter ended June 30, 2023, representing an increase of 9%. Net Income Attributable to Common Shareholders amounted to $527,000 or $0.01 per diluted share for the quarter ended June 30, 2024 as compared to a Net Loss of $4.4 million or $0.07 per diluted share for the quarter ended June 30, 2023. Normalized Funds from Operations Attributable to Common Shareholders ("Normalized FFO"), was $16.8 million or $0.23 per diluted share for the quarter ended June 30, 2024, as compared to $13.0 milli
FREEHOLD, NJ, July 01, 2024 (GLOBE NEWSWIRE) -- On July 1, 2024, the Board of Directors of UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) declared its quarterly cash dividend on the Company's Common Stock of $0.215 per share payable September 16, 2024, to shareholders of record at the close of business on August 15, 2024. The Company's annual dividend rate on its Common Stock is $0.86 per share. Also, on July 1, 2024, the Board of Directors declared a quarterly dividend of $0.3984375 per share for the period from June 1, 2024, through August 31, 2024, on the Company's 6.375% Series D Cumulative Redeemable Preferred Stock payable September 16, 2024, to shareholders of record at the close of
FREEHOLD, NJ, June 26, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced that it will host its Second Quarter 2024 Financial Results Webcast and Conference Call. Senior management will discuss the results, current market conditions and future outlook on Wednesday, August 7, 2024, at 10:00 a.m. Eastern Time. UMH's Second Quarter 2024 results will be released on Tuesday, August 6, 2024, after the close of trading on the New York Stock Exchange and will be available on the Company's website at www.umh.reit, in the Financials section. To participate in the webcast, select the web
4 - UMH PROPERTIES, INC. (0000752642) (Issuer)
4 - UMH PROPERTIES, INC. (0000752642) (Issuer)
4 - UMH PROPERTIES, INC. (0000752642) (Issuer)
4 - UMH PROPERTIES, INC. (0000752642) (Issuer)
4 - UMH PROPERTIES, INC. (0000752642) (Issuer)
4 - UMH PROPERTIES, INC. (0000752642) (Issuer)
FREEHOLD, NJ, Aug. 20, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE: UMH) is pleased to announce that on August 19, 2024, Samuel A. Landy, President and Chief Executive Officer, was inducted into the RV/MH Hall of Fame. Mr. Landy started his career at UMH in 1991 and was promoted to his current role of President and Chief Executive Officer in 1995. Under his leadership, UMH has grown its portfolio of manufactured housing communities from 22 communities containing approximately 4,200 homesites in 1991 to 136 communities containing approximately 25,800 homesites, currently. His strategy of acquiring value-add communities with vacancies and deferred maintenance has allowed
FREEHOLD, NJ, Aug. 08, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) is proud to promote T.C. Sheppard to Senior Vice President of Sales and Consumer Finance. Samuel A. Landy, President and Chief Executive Officer, commented, "T.C. has excelled in his prior role of Vice President of Consumer Finance. Since his last promotion in 2020, sales have increased from $20.3 million in 2020 to $31.2 million in 2023, or an increase of 54%. Additionally, our notes receivable portfolio has increased from $44.3 million at year end 2020 to $83.3 million as of Q2 2024, representing an increase of 88%. He has done an excellent job working with our community managers and customers to obtain fina
FREEHOLD, NJ, Aug. 06, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended June 30, 2024 of $60.3 million as compared to $55.3 million for the quarter ended June 30, 2023, representing an increase of 9%. Net Income Attributable to Common Shareholders amounted to $527,000 or $0.01 per diluted share for the quarter ended June 30, 2024 as compared to a Net Loss of $4.4 million or $0.07 per diluted share for the quarter ended June 30, 2023. Normalized Funds from Operations Attributable to Common Shareholders ("Normalized FFO"), was $16.8 million or $0.23 per diluted share for the quarter ended June 30, 2024, as compared to $13.0 milli
Alliance Global Partners analyst Gaurav Mehta initiates coverage on UMH Properties (NYSE:UMH) with a Buy rating and announces Price Target of $21.
Real estate investment trusts (REITs) own, operate, or finance income-generating real estate. REITs allow individuals to invest in various types of real estate without having to directly own or manage the properties. REITs typically focus on a specific type of real estate, such as residential, commercial, or industrial, and they are required to distribute a large percentage of their taxable income to shareholders in the form of dividends, making them attractive for income-seeking investors. Let's take a look at two REITs with dividend yields up to 5.7% and track records of dividend growth. CubeSmart CubeSmart (NYSE:CUBE) is the third largest owner and operator of self storage facili
UMH Properties (NYSE:UMH) underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 1 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $18.5, with a high estimate of $21.50 and a low estimate of $17.00. Observing a downward trend, the current averag
Alliance Global Partners initiated coverage of UMH Properties with a rating of Buy and set a new price target of $21.00
Wedbush resumed coverage of UMH Properties with a rating of Neutral and set a new price target of $17.00
B. Riley Securities resumed coverage of UMH Properties with a rating of Buy and set a new price target of $18.50
FREEHOLD, N.J., Sept. 23, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) today announced that, on September 22, 2021, the Board of Directors approved an increase in the size of the Board from 11 to 12 directors and appointed Ms. Angela D. Pruitt as a Class II Director for the term of Class II expiring in 2023. Ms. Pruitt is an innovative, creative global communications expert with over 20 years of experience, including 16 years at the Wall Street Journal/Dow Jones covering diverse topics and industries such as financial markets, mutual funds, emerging markets, commercial real estate, entertainment, hotels and casinos. Ms. Pruitt leverages journalistic skills to create an impactf
FREEHOLD, NJ, Jan. 13, 2021 (GLOBE NEWSWIRE) -- On January 13, 2021, UMH Properties, Inc. (NYSE:UMH) announced today that its Board of Directors approved a 6% increase in the Company’s quarterly common stock dividend, raising it from $0.18 per share to $0.19 per share. The dividend is payable March 15, 2021, to shareholders of record at the close of business on February 16, 2021. This represents an annual dividend rate of $0.76 per share. UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 125 manufactured home communities containing approximately 23,600 developed homesites. These communities are located in New Jersey, New York, Ohio,