UMH Properties, Inc. (UMH)
UMH Properties (UMH) Q3 FFO Meet Estimates
UMH Properties (UMH) came out with quarterly funds from operations (FFO) of $0.24 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.22 per share a year ago.
UMH Properties: Elevated P/FFO On A Flimsy Foundation (Rating Downgrade)
UMH Properties has shown strong growth and operational improvements, with Q2'24 results showing improving occupancy and FFO growth. Despite solid fundamentals, the recent 30%+ surge in UMH Properties' share price has pushed its valuation to less attractive levels. High leverage and geographic concentration in the shale region pose risks, but low fixed-rate debt and potential energy sector demand offer mitigating factors.
Market Breakout in the Cards? MG, UMH, OSPN to Gain
Mistras Group (MG), UMH Properties (UMH) and OneSpan (OSPN) have been selected as the breakout stocks for today.
3 Reasons Growth Investors Will Love UMH (UMH)
UMH (UMH) could produce exceptional returns because of its solid growth attributes.
This High-Yield Dividend Stock Is as Safe as They Come -- Even If You've Never Heard of It
UMH is a REIT that invests in mobile home communities, renting homes and lots to tenants. UMH's brand of affordable housing gives it a special moat.
UMH Properties, Inc. (UMH) Q2 2024 Earnings Call Transcript
UMH Properties, Inc. (NYSE:UMH ) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Craig Koster - EVP and General Counsel Samuel Landy - President and CEO Anna Chew - EVP and CFO Eugene Landy - Founder and Chairman Brett Taft - EVP and COO Conference Call Participants Rich Anderson - Wedbush Gaurav Mehta - Alliance Global John Massocca - B. Riley Securities Operator Good morning, and welcome to UMH Properties Second Quarter 2024 Earnings Conference Call.
Here's What Key Metrics Tell Us About UMH (UMH) Q2 Earnings
While the top- and bottom-line numbers for UMH (UMH) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
UMH Properties (UMH) Q2 FFO and Revenues Surpass Estimates
UMH Properties (UMH) came out with quarterly funds from operations (FFO) of $0.23 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to FFO of $0.21 per share a year ago.
UMH Properties Preferred Shares: 7% Yield, Riding Long-Term Housing Demand
UMH Properties benefits from the ongoing US housing shortage - it's a major manufactured home company. UMH has waiting lists for its homes, in addition to having a strong pipeline of sites. UMH has strong financial performance, improving dividend coverage, and potential for growth in the manufactured housing industry.
UMH Properties: Riding Long-Term Housing Demand, 7% Preferred Yield
UMH Properties, Inc. is benefiting from the ongoing housing shortage in the U.S., with strong demand for affordable housing. The company has transformed communities and increased the supply of quality affordable housing. UMH Properties has a portfolio of manufactured home communities and has room for expansion, particularly in the Marcellus and Utica Shale regions.
