(UMH) UMH Properties - Ratings and Ratios

UMH Properties Inc is a seasoned real estate investment trust (REIT) with a history dating back to 1968, specializing in manufactured home communities. With a portfolio comprising 135 communities across 11 states, including New Jersey, New York, and Ohio, the company offers approximately 25,800 developed homesites, catering to the affordable housing segment.

Beyond its standalone operations, UMH Properties has a strategic joint venture with Nuveen Real Estate, allowing it to operate two additional communities in Florida with 363 sites. This partnership not only expands UMHs geographical footprint but also enhances its operational capabilities. The companys commitment to delivering value to its stakeholders is reflected on its official website, https://www.umh.reit.

As a Single-Family Residential REIT, UMH Properties operates within a specific niche of the real estate market, providing a unique investment proposition. The companys performance is influenced by factors such as occupancy rates, rental income, and the overall demand for affordable housing.

Analyzing the , we observe that UMHs stock price is currently at $16.77, slightly below its short-term moving averages (SMA20 at $16.83 and SMA50 at $16.98), indicating a potential short-term bearish trend. However, the Average True Range (ATR) of 0.34, representing a 2.01% daily volatility, suggests that the stock is not experiencing extreme price fluctuations. Considering the 52-week high and low of $19.69 and $14.65, respectively, the stock is currently trading near the lower end of its recent price range.

From a fundamental perspective, UMH Properties has a market capitalization of $1.43 billion and a forward P/E ratio of 106.38, indicating that the market has certain growth expectations from the company. The Return on Equity (RoE) stands at 3.28%, which may be considered relatively modest. However, this metric should be evaluated in the context of the broader REIT industry and the companys specific business model.

Forecasting UMH Properties future performance involves integrating both technical and fundamental insights. Given the current technical indicators and fundamental data, a potential short-term target for the stock could be around $17.50, representing a 4.3% increase from the current price. This projection is based on the assumption that the stock will continue to move towards its SMA50 and potentially challenge the SMA200 at $17.98 in the medium term. However, achieving this target will depend on various factors, including the companys ability to maintain occupancy rates, grow rental income, and navigate the competitive landscape of the REIT industry.