UMH Properties: Achieving Growth With A Focus On Safety

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UMH ($NYSE:UMH) Properties is a publicly-traded REIT (real estate investment trust) that specializes in the ownership and management of manufactured home communities. With a focus on safety as their top priority, they have positioned themselves for long-term growth and success. Their commitment to safety has been evident throughout their entire history. UMH Properties takes proactive measures to safeguard their communities and the people who live in them by implementing necessary safety protocols and pursuing other initiatives to ensure a safe environment for their residents. They also prioritize relationship building with local, state and federal government officials to stay abreast of new safety regulations.

In addition to safety, UMH Properties is also focused on growth. To that end, they have the resources to acquire and develop new manufactured home communities throughout the country, and have an experienced team of professionals in place to oversee this process. With their commitment to safety, and their focus on growth, UMH Properties is well-positioned to continue to achieve success over the long-term.

Share Price

The company recently saw its stock open at $15.2 and close at the same price, a 1.0% decrease from the prior closing price of 15.3. UMH Properties has taken measures to ensure that safety and security remain a top priority in all of their housing developments. This focus on safety has allowed the company to continue to grow while maintaining a consistent level of quality for their customers. The company has taken steps to achieve this goal by implementing strict safety protocols in all of their properties, such as regular maintenance and inspection of the premises. Furthermore, UMH Properties has invested in cutting-edge technology which allows them to monitor their properties in real-time and respond quickly to any potential security issues.

UMH Properties believes that safety and security should be a top priority for any real estate investment trust and they have put measures in place to ensure that all of their properties are as safe and secure as possible. The company’s commitment to achieving growth with a focus on safety has enabled them to remain successful and provide quality housing for their customers. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Umh Properties. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Umh Properties. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Umh Properties. More…

Key Ratios Snapshot

Some of the financial key ratios for Umh Properties are shown below. More…

Analysis

GoodWhale has conducted a thorough analysis of UMH PROPERTIES‘s fundamentals. Our Star Chart shows that UMH PROPERTIES is strong in asset, profitability, and medium in dividend and growth. However, our health score of 2/10 shows that UMH PROPERTIES is less likely to safely ride out any crisis without the risk of bankruptcy. We classify UMH PROPERTIES as a ‘cow’, a type of company we conclude that has the track record of paying out consistent and sustainable dividends. Investors who are looking for companies with a good dividend yield and steady returns may be interested in UMH PROPERTIES. 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 is a real estate investment trust (REIT) that focuses on the production, ownership, and management of manufactured home communities. UMH has a long-term strategy of acquiring and developing high-quality manufactured home communities to generate attractive risk-adjusted returns. The company employs a disciplined approach to investment, focusing on identifying and executing value-accretive opportunities to drive growth while maintaining a margin of safety.

UMH seeks to acquire strategically located properties with potential for future growth and to enhance their value through capital improvements, operational improvements, and tenant relationships. Through their investments, UMH aims to generate stable and growing cash flows, provide attractive total returns, and increase shareholder value.