Welcome to our dedicated page for Umh Pptys news (Ticker: UMH), a resource for investors and traders seeking the latest updates and insights on Umh Pptys stock.
UMH Properties Inc. (UMH) is a real estate investment trust specializing in manufactured home communities across the Northeast and surrounding regions. This page delivers timely updates on UMH's dual revenue streams from residential leasing and home sales through its subsidiary, UMH Sales and Finance, Inc., offering investors a comprehensive view of its recession-resistant business model.
This resource provides stakeholders with critical insights into UMH's operational milestones, financial performance, and strategic initiatives. Track announcements ranging from quarterly earnings to community expansions, all curated to support informed decision-making without speculative commentary.
Key coverage areas include earnings releases, property acquisitions, regulatory updates, and industry analysis relevant to manufactured housing. Content emphasizes UMH's role in affordable housing and its disciplined approach to asset management, reflecting the company's commitment to long-term value creation.
Bookmark this page for streamlined access to UMH's latest developments. Combine regular visits with broader market research to maintain a nuanced understanding of this REIT's position within the residential real estate sector.
UMH Properties (NYSE:UMH), a REIT focused on manufactured home communities, has released its 2024 Sustainability Report. The company, established in 1968, currently operates 141 manufactured home communities with approximately 26,500 developed homesites, including 10,400 rental homes and over 1,000 self-storage units. The communities span across multiple states including New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida, and Georgia.
Aaron Potter, VP of Sustainability and Urban Development, emphasized UMH's commitment to providing safe, affordable housing while focusing on environmental practices, resource efficiency, and community development. Two Florida communities with 363 sites are operated through a joint venture with Nuveen Real Estate.
UMH Properties (NYSE: UMH) has reported strong operational results for Q1 2025. The company converted 115 new homes to rental properties, now managing approximately 10,400 rental homes with a 94.7% occupancy rate. Same Property occupancy increased by 113 units during Q1 and 227 units year-over-year to 88%.
Rental and related charges grew 8.3% to $54.9 million, while gross home sales revenue decreased 9.5% to $6.7 million. The company raised capital through its At-the-Market programs, generating $9.4 million from common stock and $1.1 million from preferred shares.
UMH acquired two age-restricted communities in Mantua, New Jersey, for $24.6 million, adding 266 fully occupied homesites. The company increased its annual dividend for the fifth consecutive year to $0.90 per share, representing a 25% increase over five years.
UMH Properties (NYSE:UMH) announced a 4.7% increase in its quarterly common stock dividend to $0.225 per share from $0.215, marking its fifth consecutive annual increase. The dividend will be paid on June 16, 2025, to shareholders of record as of May 15, 2025, representing an annual dividend rate of $0.90 per share.
The company operates 141 manufactured home communities with approximately 26,500 developed homesites, including 10,300 rental homes and over 1,000 self-storage units across 12 states. Two communities in Florida, containing 363 sites, are operated through a joint venture with Nuveen Real Estate. Management expects community expansions and new construction to drive future profit growth.
UMH Properties (NYSE:UMH) has announced its quarterly dividend declaration for its 6.375% Series D Cumulative Redeemable Preferred Stock. The Board of Directors declared a dividend of $0.3984375 per share for March 1, 2025, through May 31, 2025.
The dividend will be paid on June 16, 2025, to shareholders of record as of May 15, 2025. Series D preferred share dividends are cumulative and payable quarterly at an annual rate of $1.59375 per share.
UMH Properties, established in 1968, operates 141 manufactured home communities with approximately 26,500 developed homesites. The portfolio includes 10,300 rental homes and over 1,000 self-storage units across 12 states. Two communities in Florida, comprising 363 sites, are operated through a joint venture with Nuveen Real Estate.
UMH Properties has acquired two age-restricted manufactured home communities in Mantua, New Jersey for $24.6 million. The properties, Cedar Grove Park and Maplewood Village, feature 266 developed homesites with 100% occupancy rate across approximately 38 acres.
The newly acquired communities are strategically located near Philadelphia and consist of modern, homeowner-occupied manufactured homes. The acquisition is expected to be accretive to earnings, with additional revenue potential through home sales brokerage.
Following this acquisition, UMH's portfolio now encompasses 141 manufactured home communities with approximately 26,500 developed homesites, including 10,300 rental homes and over 1,000 self-storage units across 12 states. Two communities in Florida, containing 363 sites, are operated through a joint venture with Nuveen Real Estate.
UMH Properties (NYSE:UMH, TASE:UMH), a real estate investment trust focused on manufactured home communities, has released its 2024 Annual Report on their website www.umh.reit. The company, established in 1968, currently manages 139 manufactured home communities with approximately 26,300 developed homesites.
Of these sites, 10,300 contain rental homes, and the portfolio includes over 1,000 self-storage units. The communities span across multiple states including New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida, and Georgia. Two communities in Florida, comprising 363 sites, are operated through a joint venture partnership with Nuveen Real Estate.
UMH Properties (NYSE:UMH) has announced it will host its First Quarter 2025 Financial Results Webcast and Conference Call on May 2, 2025, at 10:00 a.m. Eastern Time. The company's Q1 2025 results will be released on May 1, 2025, after NYSE trading closes.
The REIT, established in 1968, specializes in manufactured home communities and currently owns and operates 139 communities with approximately 26,300 developed homesites. Of these, 10,300 sites contain rental homes. The company also manages over 1,000 self-storage units. The communities span across multiple states including New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida, and Georgia. Two communities in Florida, comprising 363 sites, are operated through a joint venture with Nuveen Real Estate.
UMH Properties (NYSE:UMH) reported strong financial results for Q4 and full-year 2024. Total Income increased 9% to $240.6 million for 2024, compared to $220.9 million in 2023. The company achieved Net Income of $2.5 million ($0.03 per diluted share) in 2024, improving from a loss of $8.7 million in 2023.
Key highlights include:
- Normalized FFO increased 27% to $69.5 million ($0.93 per diluted share)
- Same Property NOI grew 10%
- Same Property Occupancy improved to 87.8%
- Sales of Manufactured Homes increased 8%
The company expanded its credit facility by $80 million to $260 million and raised its quarterly dividend by 4.9% to $0.215 per share. UMH issued guidance for 2025, projecting Normalized FFO between $0.96-$1.04 per diluted share, representing 7.5% growth at the midpoint.
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