UMH Properties(UMH)
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Market Breakout in the Cards? MG, UMH, OSPN to Gain
ZACKS· 2024-08-13 19:46
The recent intraday volatility has shaken off the prolonged tranquility on Wall Street, with geopolitical tensions and a weak labor market threatening stocks' upward trajectory. However, the stock market is eventually expected to regain its mojo on the back of a series of Federal Reserve interest rate cuts in the months ahead. Thus, investors should take advantage of the subsequent uptrend by placing bets on solid breakout stocks. Picking breakout stocks involves zeroing in on those whose prices vary within ...
3 Reasons Growth Investors Will Love UMH (UMH)
ZACKS· 2024-08-09 17:45
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks ...
This High-Yield Dividend Stock Is as Safe as They Come -- Even If You've Never Heard of It
The Motley Fool· 2024-08-09 10:59
Looking for the best stock you've never heard of? Take a look at this manufactured home community REIT. It's got a solid dividend and long and stable track record. With the S&P 500 a bit wobbly in the last few weeks, many investors are looking for rock-solid stocks to put their money into. The big names of the world are givens, but you might want more of an opportunity than the stocks the rest of the market is also watching. So what about some of the smaller guys? For my money, the first stock I'd turn to i ...
UMH PROPERTIES, INC. ANNOUNCES PROMOTION OF T.C.
GlobeNewswire News Room· 2024-08-08 20:32
FREEHOLD, NJ, Aug. 08, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) is proud to promote T.C. Sheppard to Senior Vice President of Sales and Consumer Finance. Samuel A. Landy, President and Chief Executive Officer, commented, "T.C. has excelled in his prior role of Vice President of Consumer Finance. Since his last promotion in 2020, sales have increased from $20.3 million in 2020 to $31.2 million in 2023, or an increase of 54%. Additionally, our notes receivable portfolio has increased from $44 ...
UMH Properties(UMH) - 2024 Q2 - Earnings Call Transcript
2024-08-07 18:45
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. All participants will b ...
Here's What Key Metrics Tell Us About UMH (UMH) Q2 Earnings
ZACKS· 2024-08-07 01:02
For the quarter ended June 2024, UMH Properties (UMH) reported revenue of $60.33 million, up 9.1% over the same period last year. EPS came in at $0.23, compared to -$0.07 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $59.84 million, representing a surprise of +0.82%. The company delivered an EPS surprise of +4.55%, with the consensus EPS estimate being $0.22. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...
UMH Properties (UMH) Q2 FFO and Revenues Surpass Estimates
ZACKS· 2024-08-07 00:37
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. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 4.55%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.22 per share when it actually produced FFO of $0.22, delivering no surprise. Over the last four quarters, th ...
UMH Properties(UMH) - 2024 Q2 - Quarterly Results
2024-08-06 20:45
Exhibit 99 June 30, 2024 Supplemental Information UMH Properties, Inc. Juniper Business Plaza 3499 Route 9 North Freehold, NJ 07728 Website: www.umh.reit Email: Phone: ir@umh.com (732) 577-9997 Table of Contents | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | Page | | Financial Highlights | 3 | | | | | Consolidated Balance Sheets | 4 | | | | | Consolidated Statements ...
UMH PROPERTIES, INC. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2024
GlobeNewswire News Room· 2024-08-06 20:30
FREEHOLD, NJ, Aug. 06, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended June 30, 2024 of $60.3 million as compared to $55.3 million for the quarter ended June 30, 2023, representing an increase of 9%. Net Income Attributable to Common Shareholders amounted to $527,000 or $0.01 per diluted share for the quarter ended June 30, 2024 as compared to a Net Loss of $4.4 million or $0.07 per diluted share for the quarter ended June 30, 2023. Normalized ...
UMH Properties(UMH) - 2024 Q2 - Quarterly Report
2024-08-06 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________ Commission File Number 001-12690 UMH PROPERTIES, INC. (Exact name of registrant as specified in its charter) Maryland 22-1890929 (State or other ju ...