Umh Properties Intrinsic Value Calculation – UMH Properties Secures $25M Term Loan from FirstBank
May 13, 2023
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UMH ($NYSE:UMH) Properties, Inc. is a publicly traded real estate investment trust that specializes in the ownership and management of manufactured home communities. Recently, the company announced that it has secured a $25M term loan from FirstBank. This loan follows a pattern of growth and expansion for UMH Properties and marks an important milestone for the company. The loan will help to fund future investments as well as provide working capital for operations. UMH Properties is proud to have secured this loan and is already making plans for how to use the funds to benefit their investors and shareholders.
With a track record of success, UMH Properties is confident that this move will help them continue to flourish in the real estate market. The loan also demonstrates the confidence that banks have in UMH Properties to deliver on their investments. Going forward, UMH Properties is committed to continuing to make strategic moves that will benefit their shareholders while still providing a reliable return on investment.
Share Price
On Friday, UMH Properties announced that it had secured a $25 million term loan from FirstBank. This loan will provide the company with additional financial stability and enable them to pursue further growth opportunities. UMH Properties’ stock opened the day at $15.9 and closed the same, down by 0.9% from prior closing price of 16.0. UMH Properties is a real estate investment trust (REIT) that owns and operates manufactured home communities throughout the United States.
The company is focused on providing quality and affordable housing for those who need it most and on creating strong returns for their shareholders. With the additional funds provided by this loan, UMH Properties is well-positioned to continue its successful track record. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Umh Properties. More…
| Total Revenues | Net Income | Net Margin |
| 202.51 | -37.24 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Umh Properties. More…
| Operations | Investing | Financing |
| -0.65 | -198.93 | -61.07 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Umh Properties. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.37k | 778.95 | 5.7 |
Key Ratios Snapshot
Some of the financial key ratios for Umh Properties are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 14.2% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Umh Properties Intrinsic Value Calculation
At GoodWhale, we recently conducted an analysis of UMH PROPERTIES‘ wellbeing. After examining the company’s financials, our proprietary Valuation Line determined that the intrinsic value of UMH PROPERTIES share is around $19.0. More…
Peers
The competition between UMH Properties Inc and its competitors is fierce. All of the companies are vying for the top spot in the industry, and they are all working hard to improve their products and services. Its competitors, AvalonBay Communities Inc, Paramount Group Inc, and Sun Communities Inc, are all also well-respected companies in the industry.
– AvalonBay Communities Inc ($NYSE:AVB)
AvalonBay Communities, Inc. is a real estate investment trust that focuses on developing, redeveloping, acquiring and managing multifamily communities in the United States. The company was founded in 1978 and is headquartered in Arlington, Virginia. As of December 31, 2020, the company owned or held a direct or indirect ownership interest in 282 multifamily communities containing 86,210 apartment homes.
– Paramount Group Inc ($NYSE:PGRE)
Paramount Group Inc is a American multinational conglomerate with a market cap of 1.41 billion as of 2022. The company was founded in 1957 by Charles Bluhdorn and is currently headquartered in New York City. Paramount Group Inc is one of the world’s largest entertainment companies, with a diversified portfolio of businesses including film production and distribution, television programming and syndication, home entertainment, theme parks, and video games. The company also has a significant presence in the music industry, with labels such as Paramount Records and Verve Music Group.
– Sun Communities Inc ($NYSE:SUI)
Sun Communities Inc is a real estate investment trust that owns, operates, and develops manufactured home communities in the United States. As of December 31, 2020, the company owned and operated 305 manufactured home communities comprising approximately 67,400 developed sites. It also owned and operated RV parks and campgrounds with approximately 12,700 sites. The company was founded in 1976 and is headquartered in Southfield, Michigan.
Summary
UMH Properties recently entered into a $25 million term loan with FirstBank. This move is seen as a positive step for the company and its shareholders, as it indicates that the company has the financial resources to continue operations and grow. Analysts believe this move will help UMH Properties to further expand and increase its presence in the real estate space, while also providing significant returns to shareholders in the long run. This also shows that the company is confident in its ability to generate sufficient cash flows to comfortably service the loan.
The move also comes at a time when the real estate market is buoyant, and UMH Properties stands to benefit from this trend. This investment should help UMH Properties achieve its business growth objectives and investors should consider this news as a positive sign for the company’s future prospects.
