UMH Stock Analysis: UMH Properties | NYSE
REIT - Residential | NYSE, USA | Market Cap: 1.417m USD | 12M Return: 11.5% | US9030021037 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 11.5M
Qual. Beats: 0
Rev. Trend: 99.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
UMH Properties, Inc. (NYSE: UMH) is a publicly traded equity REIT focused on owning and operating manufactured home communities. The companys portfolio spans 145 communities with approximately 27,100 developed homesites across 12 U.S. states, including New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida, and Georgia. Roughly 11,200 of its homesites contain rental homes, and the portfolio also includes over 1,000 self-storage units.
In addition to its wholly owned assets, UMH operates three communities through joint ventures with Nuveen Real Estate-two in Florida (363 sites) and one in Pennsylvania (113 sites). Incorporated in 1968 in Maryland and headquartered in Freehold, New Jersey, the company has been publicly traded since 1993 and currently carries a small-cap market valuation.
As a real estate investment trust, UMH is generally required to distribute the majority of its taxable income to shareholders in the form of dividends, a structural feature common to equity REITs. Manufactured home community REITs operate in the affordable housing segment of single-family residential real estate, typically earning revenue from a combination of lot rents, rental home income, and ancillary fees.
- Rental home portfolio expansion drives same-store NOI growth
- Affordable housing shortage lifts manufactured home community demand
- Interest rate cuts accelerate acquisition pipeline and cap rate compression
| Net Income: 31.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -3.10 > 1.0 |
| NWC/Revenue: 80.70% < 20% (prev 89.88%; Δ -9.18% < -1%) |
| CFO/TA 0.05 > 3% & CFO 90.4m > Net Income 31.3m |
| Net Debt (785.6m) to EBITDA (128.6m): 6.11 < 3 |
| Current Ratio: 8.80 > 1.5 & < 3 |
| Outstanding Shares: last quarter (85.6m) vs 12m ago 0.95% < -2% |
| Gross Margin: 51.40% > 18% (prev 54.84%; Δ -3.44% > 0.5%) |
| Asset Turnover: 16.26% > 50% (prev 15.42%; Δ 0.84% > 0%) |
| Interest Coverage Ratio: 1.38 > 6 (EBIT TTM 48.5m / Interest Expense TTM 35.1m) |
| A: 0.13 (Total Current Assets 247.1m - Total Current Liabilities 28.1m) / Total Assets 1.71b |
| B: -0.01 (Retained Earnings -25.4m / Total Assets 1.71b) |
| C: 0.03 (EBIT TTM 48.5m / Avg Total Assets 1.67b) |
| D: 1.08 (Book Value of Equity 890.4m / Total Liabilities 821.0m) |
| Altman-Z'' = 2.12 = BBB |
| DSRI: 1.04 (Receivables 110.5m/97.6m, Revenue 271.4m/250.4m) |
| GMI: 1.07 (GM 54.84% / 51.40%) |
| AQI: 0.05 (AQ_t 0.04 / AQ_t-1 0.83) |
| SGI: 1.08 (Revenue 271.4m / 250.4m) |
| TATA: -0.03 (NI 31.3m - CFO 90.4m) / TA 1.71b) |
| Beneish M = -3.43 (Cap -4..+1) = AA |
As of August 30, 2026, the stock is trading at USD 16.48 with a total of 826,168 shares traded. Over the past week, the price has changed by -0.18%, over one month by +6.49%, over three months by +6.83% and over the past year by +11.50%.
Current recommended Stop Loss: 16.00 (which is 2.9% or 1.5 ATR below the current price).
UMH Properties has received a consensus analysts rating of 4.22. Therefore, it is recommended to buy UMH.
- StrongBuy: 5
- Buy: 1
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 18.9 | 14.6% |
P/E Trailing = 138.3333
P/E Forward = 138.8889
P/S = 5.2158
P/B = 2.5387
P/EG = 0.7224
Revenue TTM = 271.4m USD
EBIT TTM = 48.5m USD
EBITDA TTM = 128.6m USD
Long Term Debt = 789.5m USD (from longTermDebt, last quarter)
Short Term Debt = 54.4m USD (from shortTermDebt, last fiscal year)
Debt = 843.9m USD (corrected: LT Debt 789.5m + ST Debt 54.4m)
Net Debt = 785.6m USD (calculated: Debt 843.9m - CCE 58.3m)
Enterprise Value = 2.20b USD (1.42b + Debt 843.9m - CCE 58.3m)
Interest Coverage Ratio = 1.38 (Ebit TTM 48.5m / Interest Expense TTM 35.1m)
EV/FCF = 67.78x (Enterprise Value 2.20b / FCF TTM 32.5m)
FCF Yield = 1.48% (FCF TTM 32.5m / Enterprise Value 2.20b)
FCF Margin = 11.98% (FCF TTM 32.5m / Revenue TTM 271.4m)
Net Margin = 11.55% (Net Income TTM 31.3m / Revenue TTM 271.4m)
Gross Margin = 51.40% ((Revenue TTM 271.4m - Cost of Revenue TTM 131.9m) / Revenue TTM)
Gross Margin QoQ = 90.50% (prev 55.36%)
Tobins Q-Ratio = 1.29 (Enterprise Value 2.20b / Total Assets 1.71b)
Interest Expense / Debt = 4.16% (Interest Expense 35.1m / Debt 843.9m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 38.3m (EBIT 48.5m * (1 - 21.00%))
Current Ratio = 8.80 (Total Current Assets 247.1m / Total Current Liabilities 28.1m)
Debt / Equity = 0.95 (Debt 843.9m / totalStockholderEquity, last quarter 890.4m)
Debt / EBITDA = 6.11 (Net Debt 785.6m / EBITDA 128.6m)
Debt / FCF = 24.17 (Net Debt 785.6m / FCF TTM 32.5m)
Total Stockholder Equity = 903.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.88% (Net Income 31.3m / Total Assets 1.71b)
RoE = 3.47% (Net Income TTM 31.3m / Total Stockholder Equity 903.8m)
RoCE = 2.86% (EBIT 48.5m / Capital Employed (Equity 903.8m + L.T.Debt 789.5m))
RoIC = 2.22% (NOPAT 38.3m / Invested Capital 1.73b)
WACC = 5.06% (E(1.42b)/V(2.26b) * Re(6.12%) + D(843.9m)/V(2.26b) * Rd(4.16%) * (1-Tc(0.21)))
Discount Rate = 6.12% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 89.47 | Cagr: 9.67%
[DCF] Terminal Value 73.10% ; FCFF base≈52.0m ; Y1≈45.6m ; Y5≈36.8m
[DCF] Fair Price = N/A (negative equity: EV 591.1m - Net Debt 785.6m = -194.5m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.22 | # QB: 0
Revenue Correlation: 99.76 | Revenue CAGR: 8.93% | SUE: -0.21 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.04 | Chg30d=-5.00% | Revisions=-25% | Analysts=5
EPS current Year (2026-12-31): EPS=0.15 | Chg30d=+8.57% | Revisions=+25% | GrowthEPS=+117.1% | GrowthRev=+8.3%
EPS next Year (2027-12-31): EPS=0.15 | Chg30d=-10.72% | Revisions=-25% | GrowthEPS=+1.3% | GrowthRev=+7.6%
[Analyst] Revisions Ratio: -17% (up=1, down=2)