Analyst Coverage Initiated for UMH Properties by B. Riley, Boosting Investor Confidence

March 26, 2024

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UMH ($NYSE:UMH) Properties is a real estate investment trust (REIT) that specializes in the ownership and operation of manufactured home communities. The company also provides property management services to other manufactured home communities through its UMH Sales & Finance division. With a strong track record of steady growth and a diverse portfolio of properties, UMH has become a popular choice among investors looking to diversify their real estate portfolios. Recently, UMH Properties received a significant boost in investor confidence as B. Riley, a leading investment firm, initiated coverage on the REIT. In a research report published on Thursday morning, B. Riley analysts provided their analysis and rating for UMH Properties, further solidifying the company’s standing in the market. With B. Riley now actively analyzing and reporting on UMH’s performance, investors can gain valuable insights and make more informed decisions regarding their investments in the REIT. B. Riley’s coverage also brings more visibility to UMH Properties, which could potentially attract new investors to the stock.

As more analysts and investors take notice of the company, it could lead to increased trading volume and a higher stock price, benefiting current shareholders. In addition to providing coverage on UMH Properties, B. Riley also assigned a Buy rating to the REIT’s stock. This positive rating is a testament to the company’s strong financials and growth potential. It also serves as an endorsement from a reputable source, further boosting investor confidence in UMH Properties. As the company continues to grow and expand its portfolio, this coverage will provide valuable information and analysis for investors, helping them to make more informed decisions and potentially reaping greater returns on their investments.

Market Price

UMH Properties, a real estate investment trust specializing in manufactured home communities, received a boost in investor confidence with the initiation of analyst coverage by B. Riley. The company’s stock opened at $15.9 on Monday, slightly down from the previous closing price of $16.0, but still saw a 0.9% increase in value throughout the day. This news comes as a positive sign for UMH Properties, as analyst coverage serves as a stamp of approval from financial experts. B. Riley’s decision to begin covering the company’s stock is a strong indication of their potential for growth and success in the market. This can instill confidence in current investors and attract new ones, driving up demand for UMH Properties’ stock. The coverage from B. Riley is also expected to bring more attention to UMH Properties within the investment community. This can lead to increased visibility and awareness of the company’s operations and potential for future growth.

As a result, UMH Properties may become a more attractive option for potential investors, which could drive up the demand and value of their stock even further. Furthermore, with B. Riley providing regular analysis and updates on UMH Properties’ performance, investors can make more informed decisions about their investment in the company. This can help mitigate risk and provide a clearer understanding of the company’s financial health. It not only boosts confidence in the company’s potential, but also brings more attention and credibility to their stock. As the company continues to grow and expand its portfolio of manufactured home communities, this analyst coverage will likely continue to play a significant role in attracting and retaining investors. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

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

    Total Revenues Net Income Net Margin
    220.93 -8.71
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

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

    Operations Investing Financing
    120.08 -165.57 69.06
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • 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
    1.43k 720.78 6.1
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • 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
    16.4%
    FCF Margin ROE ROA
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    After conducting a thorough assessment of UMH PROPERTIES, I have determined that the company has a low health score of 3/10 according to our Star Chart. This score takes into consideration the company’s cashflows and debt, indicating that UMH PROPERTIES may struggle to sustain future operations in times of crisis. Based on our analysis, UMH PROPERTIES falls into the category of a ‘cow’ company. This means that it has a track record of consistently paying out dividends, making it an attractive option for investors seeking steady and sustainable returns. However, this also suggests that UMH PROPERTIES may not have much room for growth or potential for significant increases in value. Investors who are interested in a stable income stream from their investments may be drawn to UMH PROPERTIES due to its classification as a ‘cow’ company. However, those seeking higher potential for growth or riskier investment opportunities may not find UMH PROPERTIES to be a suitable option. In terms of its financials, UMH PROPERTIES is strong in terms of its assets and growth potential. However, its profitability is also a notable factor, indicating that the company may not be generating as much profit as it could be. Additionally, UMH PROPERTIES falls into the medium category for dividends, suggesting that while consistent, they may not be as high as other companies in the same industry. It may be suitable for investors seeking consistent dividends, but may not be as attractive for those looking for high profitability or potential for significant growth. More…

  • Star Chart Analysis
  • Valuation Analysis




  • 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

    B. Riley recently initiated coverage on UMH Properties, a real estate investment trust, with a research report. This indicates that the company is now being closely monitored by analysts. This could be a positive sign for potential investors, as analyst coverage often leads to increased visibility and potential price movement.

    Additionally, B. Riley has a reputation for providing in-depth analysis and insights into companies they cover, making their coverage of UMH Properties a valuable resource for investors. As the real estate market continues to grow, UMH Properties may be an attractive investment opportunity for those looking to diversify their portfolio.

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