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UMH PROPERTIES, INC. CONGRATULATES ITS DIRECTORS ON THEIR REELECTION AT THE ANNUAL SHAREHOLDER MEETING

UMH Properties (NYSE: UMH), a REIT focused on manufactured home communities, announced that directors Jeffrey A. Carus, Matthew I. Hirsch, Angela D. Pruitt-Marriott and Kenneth K. Quigley Jr. were re-elected at the 2026 annual shareholder meeting.

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UMH Properties (NYSE: UMH), a REIT focused on manufactured home communities, announced that directors Jeffrey A. Carus, Matthew I. Hirsch, Angela D. Pruitt-Marriott and Kenneth K. Quigley Jr. were re-elected at the 2026 annual shareholder meeting.

According to UMH, total shareholder return was 16.4% over three years and 159.5% over ten years. The company highlights investments to improve revenue and earnings, and recent industry recognition including Community Operator of the Year, Leadership in Sustainability and Land-Lease Community of the Year awards.

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Positive

  • Three-year total shareholder return of 16.4%
  • Ten-year total shareholder return of 159.5%
  • Re-election of four directors at 2026 annual shareholder meeting
  • Multiple 2026 industry awards, including Community Operator of the Year
  • Ownership and operation of 145 communities with about 27,100 homesites

Negative

  • None.
Argus May 28 session
+0.13% close to close Open Argus
Details

News Market Reaction – UMH

In the May 28 session, UMH gained 0.13%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement confirms shareholder support for the board slate following an activist campaign ta...
Analysis

This announcement confirms shareholder support for the board slate following an activist campaign targeting one director, reinforcing continuity in UMH’s governance. Management emphasizes long-term total shareholder returns of 16.4% over three years and 159.5% over ten, alongside a portfolio of 145 communities and about 27,100 homesites. Investors may watch how this reaffirmed board steers future capital allocation, including use of at-the-market programs under the existing shelf, and how operational metrics track against recent earnings guidance.

Key Figures

3-year total shareholder return: 16.4% 10-year total shareholder return: 159.5% Communities owned: 145 communities +5 more
3-year total shareholder return
16.4%
Trailing three-year period cited by company
10-year total shareholder return
159.5%
Trailing ten-year period cited by company
Communities owned
145 communities
Manufactured home communities owned and operated
Developed homesites
27,100 homesites
Approximate developed homesites across portfolio
Rental homes
11,200 homes
Homes within communities used as rentals
Self-storage units
Over 1,000 units
Self-storage units operated by UMH
Florida JV sites
363 sites
Two Florida communities in joint ventures with Nuveen
Pennsylvania JV sites
113 sites
One Pennsylvania community in joint venture with Nuveen

Historical Context

5 past events · Latest: May 22
5 events
  1. May 22

    Conference participation

    24h Move
    +1.2%

    Announcement of management presentation at Nareit’s REITweek 2026 conference.

  2. May 21

    Activist letter

    24h Move
    +0.5%

    Erez Asset Management urging shareholders to withhold support for a director.

  3. May 07

    Credit facility amended

    24h Move
    -0.4%

    Amendment increasing revolving credit capacity and extending maturity to 2030.

  4. Apr 30

    Q1 2026 earnings

    24h Move
    +1.2%

    Higher income, improved net income and tightened 2026 Normalized FFO guidance.

  5. Apr 08

    Industry awards

    24h Move
    +2.1%

    Multiple Manufactured Housing Institute awards recognizing community operations.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

real estate investment trust, reit, total shareholder return, joint ventures, +2 more
6 terms
real estate investment trust financial
"a real estate investment trust (REIT) specializing in the ownership and operation"
A real estate investment trust (REIT) is a company that owns and manages income-producing properties—like apartment buildings, shopping centers, offices, or warehouses—and is required to pass most of its rental income to shareholders as dividends. Think of it as a shared property owner: instead of buying a whole building, investors buy a slice of a portfolio that pays regular income and can offer exposure to property values and rental markets without direct management. REITs matter to investors for predictable income, diversification, and liquidity compared with owning physical real estate.
reit financial
"a real estate investment trust (REIT) specializing in the ownership and operation"
A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing real estate, like shopping centers, apartments, or office buildings. For investors, REITs offer a way to invest in real estate without having to buy property directly, often providing regular income through dividends. They function like a mutual fund for real estate, making it easier for people to add property investments to their portfolio.
total shareholder return financial
"we have delivered a total shareholder return of 16.4% and over a 10-year period"
Total shareholder return is the overall gain an investor gets from owning a stock, combining changes in the share price plus any cash payouts like dividends, and assuming those payouts are reinvested in more shares. Investors use it like a single score that shows the true return on their investment—similar to checking both the growth of a savings account and the interest earned—to compare how well different companies or investments perform over time.
joint ventures financial
"that UMH has an ownership interest in and operates through its joint ventures with Nuveen"
A joint venture is a business arrangement where two or more companies come together to work on a specific project or goal, sharing both the risks and the rewards. It’s like partners teaming up for a common goal, which can help them access new markets, share expertise, or reduce costs. For investors, joint ventures can create new opportunities but also involve shared responsibilities and potential risks.
forward-looking statements regulatory
"Certain statements included in this press release which are not historical facts may be deemed forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
form 10-k regulatory
"are contained in the Company’s annual report on Form 10-K and described from time to time"
A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FREEHOLD, NJ, May 27, 2026 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH), a real estate investment trust (REIT) specializing in the ownership and operation of manufactured home communities, today congratulates its directors, Jeffrey A. Carus, Matthew I. Hirsch, Angela D. Pruitt-Marriott and Kenneth K. Quigley Jr., all of whom were re-elected by shareholders at our 2026 annual shareholder meeting. UMH has delivered robust and measurable value for shareholders and the communities we serve.

Over a three-year period, we have delivered a total shareholder return of 16.4% and over a 10-year period, we have delivered a total shareholder return of 159.5%, making us one of the top performing publicly traded REITs. Such performance is the result of disciplined strategy and operational excellence. We thank our shareholders for recognizing our directors’ leadership that produced these results.

The industry has also recognized that UMH is a stellar operator. In April, for the fifth time, UMH was awarded Community Operator of the Year by the Manufactured Housing Institute, the industry’s highest honor. This year, UMH also earned MHI’s Leadership in Sustainability Award and the Land-Lease Community of the Year Award.

We remain committed to the mission of providing affordable, quality housing and to creating long-term value for every shareholder. We have invested in our properties and our company to meaningfully improve revenue and earnings. We continually strive to produce returns on these investments as quickly as possible.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 145 manufactured home communities, containing approximately 27,100 developed homesites, of which 11,200 contain rental homes, and over 1,000 self-storage units. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida and Georgia. Included in the 145 communities are two communities in Florida, containing 363 sites, and one community in Pennsylvania, containing 113 sites, that UMH has an ownership interest in and operates through its joint ventures with Nuveen Real Estate.        
        
Certain statements included in this press release which are not historical facts may be deemed forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements are based on the Company’s current expectations and involve various risks and uncertainties. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the Company can provide no assurance those expectations will be achieved. The risks and uncertainties that could cause actual results or events to differ materially from expectations are contained in the Company’s annual report on Form 10-K and described from time to time in the Company’s other filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.

Contact: Nelli Madden
732-577-9997

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FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did UMH (NYSE: UMH) announce about its 2026 annual shareholder meeting?

UMH announced that four directors were re-elected at the 2026 annual shareholder meeting. According to UMH, Jeffrey A. Carus, Matthew I. Hirsch, Angela D. Pruitt-Marriott and Kenneth K. Quigley Jr. all received shareholder approval to continue serving on the board.

What is UMH Properties' historical total shareholder return for UMH stock?

UMH reports a three-year total shareholder return of 16.4% and a ten-year return of 159.5%. According to UMH, these figures reflect disciplined strategy and operational execution across its manufactured home community portfolio over multi-year periods.

What industry awards did UMH (UMH) receive in 2026 from the Manufactured Housing Institute?

UMH received Community Operator of the Year, Leadership in Sustainability and Land-Lease Community of the Year in 2026. According to UMH, Community Operator of the Year was awarded for the fifth time, underscoring recognition within the manufactured housing industry.

How large is UMH Properties' manufactured home community portfolio as of May 2026?

UMH reports owning and operating 145 manufactured home communities with about 27,100 developed homesites. According to UMH, roughly 11,200 sites contain rental homes, and the portfolio also includes over 1,000 self-storage units across multiple U.S. states.

In which states does UMH (NYSE: UMH) operate its manufactured home communities?

UMH operates communities in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida and Georgia. According to UMH, the portfolio also includes joint venture communities in Florida and Pennsylvania with Nuveen Real Estate.

What is UMH Properties' business focus and mission for UMH shareholders?

UMH focuses on owning and operating manufactured home communities as a public equity REIT. According to UMH, the company’s mission emphasizes providing affordable, quality housing while creating long-term value for every shareholder through property investment and revenue and earnings growth.

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