umh properties, inc., (umh) is a real estate investment trust (reit) that owns and operates manufactured home communities in seven states throughout the northeast. these states include new jersey, new york, ohio, pennsylvania, tennessee, indiana and michigan. manufactured home communities provide long-term appreciation, recession resistant qualities, and stable income streams. umh has been in business since 1968, operating as a public company since 1985. we own a portfolio of 74 manufactured home communities, housing approximately 13,400 home sites. umh has a subsidiary, umh sales and finance, which sells manufactured homes into its communities. if you are looking to purchase a new home in one of our communities, please visit the umh sales and finance site by clicking this link: www.umhhomesales.com. we encourage you to visit our investors website ir.umh.com where you will find our most recent annual report, letter to shareholders, and sec filings. our website also includes our d
Company profile
Ticker
UMH
Exchange
Website
CEO
Samuel Landy
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
UNITED MOBILE HOMES INC
SEC CIK
Corporate docs
Subsidiaries
GA Live Oak, LLC • Mobile Home Village, Inc. • Oxford Village Homes, LLC • Second Venture 2022 Manager, LLC • Second Venture 2022 Property Manager, LLC • Serona Gardens Development Manager, LLC • TGA UMH Serona Gardens LLC • TGA UMH Venture LLC • UMH AL Deer Run, LLC • UMH AL Lavista Estates, LLC ...
IRS number
221890929
UMH stock data
Latest filings (excl ownership)
8-K
Umh Properties, Inc. Publishes Its 2023 Annual Report
22 Mar 24
8-K
Entry into a Material Definitive Agreement
12 Mar 24
424B5
Prospectus supplement for primary offering
12 Mar 24
8-K
Results of Operations and Financial Condition
28 Feb 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Regulation FD Disclosure
26 Jan 24
8-K
Umh Properties, Inc. Declares Common and Preferred Dividends
11 Jan 24
8-K
Umh Properties, Inc. 2023 Year End Operations Update
5 Jan 24
8-K
Regulation FD Disclosure
4 Jan 24
8-K
Regulation FD Disclosure
15 Dec 23
Transcripts
UMH
Earnings call transcript
2023 Q4
29 Feb 24
UMH
Earnings call transcript
2023 Q3
9 Nov 23
UMH
Earnings call transcript
2023 Q2
9 Aug 23
UMH
Earnings call transcript
2023 Q1
10 May 23
UMH
Earnings call transcript
2022 Q4
1 Mar 23
UMH
Earnings call transcript
2022 Q3
9 Nov 22
UMH
Earnings call transcript
2022 Q2
4 Aug 22
UMH
Earnings call transcript
2022 Q1
5 May 22
UMH
Earnings call transcript
2021 Q4
25 Feb 22
UMH
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 45.57 mm | 45.57 mm | 45.57 mm | 45.57 mm | 45.57 mm | 45.57 mm |
Cash burn (monthly) | 1.21 mm | 2.13 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 7.20 mm | 12.71 mm | n/a | n/a | n/a | n/a |
Cash remaining | 38.37 mm | 32.86 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 31.8 | 15.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
70.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 189 |
Opened positions | 188 |
Closed positions | 1 |
Increased positions | 1 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 674.21 bn |
Total shares | 48.69 mm |
Total puts | 17.50 k |
Total calls | 30.70 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 5.91 mm | $82.88 bn |
BLK Blackrock | 4.41 mm | $61.87 bn |
T. Rowe Price Investment Management | 2.78 mm | $39.02 bn |
FMR | 2.73 mm | $38.23 bn |
American Century Companies | 2.53 mm | $35.50 bn |
Copeland Capital Management | 2.42 mm | $33.86 bn |
William Blair Investment Management | 2.05 mm | $28.76 bn |
STT State Street | 1.76 mm | $24.62 bn |
Jennison Associates | 1.40 mm | $19.60 bn |
Geode Capital Management | 1.33 mm | $18.69 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Mar 24 | Conway Kiernan | UMH Properties, Inc. | Grant | Acquire A | No | No | 15.66 | 966 | 15.13 k | 2,083.44 |
26 Mar 24 | Carus Jeffrey A | UMH Properties, Inc. | Grant | Acquire A | No | No | 15.66 | 966 | 15.13 k | 21,631.8 |
26 Mar 24 | Landy Michael P | UMH Properties, Inc. | Grant | Acquire A | No | No | 15.66 | 966 | 15.13 k | 337,516.59 |
26 Mar 24 | Kenneth K Quigley JR | UMH Properties, Inc. | Grant | Acquire A | No | No | 15.66 | 966 | 15.13 k | 28,424.78 |
26 Mar 24 | Angela D. Pruitt | UMH Properties, Inc. | Grant | Acquire A | No | No | 15.66 | 966 | 15.13 k | 8,697.38 |
News
Wedbush Assumes UMH Properties at Neutral, Announces Price Target of $17
25 Mar 24
Compass Point Maintains Buy on UMH Properties, Raises Price Target to $21.5
21 Mar 24
B. Riley Securities Reinstates Buy on UMH Properties, Maintains $18.5 Price Target
21 Mar 24
Rising Rents Complicates Fed's Disinflation Goal, Offers Tailwind To Residential REIT Stocks
11 Mar 24
UMH Properties Q4 2023 FFO $0.23 Beats $0.22 Estimate, Sales $56.98M Beat $55.79M Estimate
28 Feb 24
Press releases
UMH PROPERTIES, INC. WILL HOST FIRST QUARTER 2024 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL
25 Mar 24
UMH PROPERTIES, INC. PUBLISHES ITS 2023 ANNUAL REPORT
20 Mar 24
UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2023
28 Feb 24
UMH PROPERTIES, INC. ANNOUNCES TAX TREATMENT FOR 2023 DISTRIBUTIONS
25 Jan 24
UMH PROPERTIES, INC. WILL HOST FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL
18 Jan 24