Umh (UMH) AI Stock Analysis

• Market Cap: $1.40B
• Dividend Yield: 5.07%
• Average Volume (3M): 419.24K
• Price to Earnings (P/E): 514.2
• Beta (1Y): 0.68
• Revenue Growth: 8.88%
• EPS Growth: N/A
• Country: US
• Employees: 513
• Sector: Real Estate
• Sector Strength: 68
• Industry: REIT - Residential
• EPS (TTM): 0.02
• Shares Outstanding: 82,556,600
• 10 Day Avg. Volume: 490,244
• 30 Day Avg. Volume: 419,237
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 6.28
• Price to Cash Flow (P/CF): 13.80
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $21.70
• Price Target Upside: 32.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

UMH's overall score reflects a solid financial performance with notable revenue growth and strategic positioning, although rising leverage and erratic cash flows warrant caution. Technical analysis indicates neutral momentum, while valuation concerns arise from an exceptionally high P/E ratio. Strong earnings call guidance and positive corporate events partially offset these concerns, suggesting moderate potential for future growth.

Positive Factors

Earnings Potential

UMH's same-property NOI growth for 2024 was a well-above-peer 10%, indicating strong performance and potential for solid core FFO growth.

Financial Performance

Analysts expect a dividend yield of 4.6% and stock price appreciation of 18.7%, resulting in an estimated total return of about 23%.

Growth Strategy

UMH's value-add acquisition strategy allows the company to purchase communities at reasonable prices, improve them, and increase occupancy and pricing, leading to impressive NOI growth.

Negative Factors

Cost Management

The company achieved a 7.9% increase in Rental and Related Income, with an increase in same property expenses of 8.0%, coupled with a 7.8% rise in Same Property NOI.

Sector Valuation Risk

If there is a risk for the sector, it is the valuation gap could narrow in the event of a cycle reversal.

Umh Business Overview & Revenue Model

Company Description

null

How the Company Makes Money

null

Umh Financial Statement Overview

Summary

UMH demonstrates a solid performance with consistent revenue growth and improved profitability. The balance sheet reflects a strong equity position, but rising leverage could be a concern if not managed prudently. Cash flows have been erratic, but recent improvements suggest a potential for stabilization. Overall, UMH is well-positioned within the REITs industry, but careful attention to debt levels and cash flow management is advised.

Income Statement

UMH has shown a steady increase in total revenue over the years, with a notable growth from 2019 to 2023. The gross profit margin improved significantly from 49.1% in 2019 to 53.6% in 2023, indicating enhanced operational efficiency. The net profit margin fluctuated, with a positive turnaround in 2023 after losses in 2020 and 2022, reflecting improved cost management and revenue growth. However, the EBIT and EBITDA margins reveal moderate profitability, which could be enhanced further.

Balance Sheet

The company's debt-to-equity ratio has been on the rise, indicating increased leverage which may pose risks if not managed carefully. However, the return on equity has improved, showing that UMH is generating more profit from its equity base. The equity ratio is strong, highlighting a stable capital structure with a significant proportion of assets financed by equity, which is a positive sign for long-term sustainability.

Cash Flow

Free cash flow has been volatile, with negative values in 2022 but positive growth in 2023, showcasing improved cash generation capabilities. Operating cash flow to net income ratio suggests that cash flows are generally aligned with reported profits, enhancing confidence in earnings quality. However, the free cash flow to net income ratio indicates room for improvement in translating earnings into cash.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
240.55M	220.93M	195.78M	186.10M	163.61M
	Gross Profit
131.30M	118.49M	102.55M	97.96M	86.02M
	EBIT
0.00	92.36M	34.18M	37.92M	31.95M
	EBITDA
108.97M	96.05M	82.95M	83.05M	73.66M
	Net Income Common Stockholders
21.64M	8.01M	-31.41M	31.30M	-13.95M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
131.60M	91.83M	71.96M	229.92M	118.51M
	Total Assets
1.56B	1.43B	1.34B	1.27B	1.09B
	Total Debt
614.72M	690.02M	761.68M	499.32M	556.29M
	Net Debt
515.00M	632.70M	731.89M	383.15M	540.95M
	Total Liabilities
647.82M	720.78M	793.40M	528.68M	585.41M
	Stockholders Equity
914.03M	704.72M	548.96M	742.14M	501.81M
Cash Flow		Free Cash Flow
81.60M	120.08M	-89.09M	65.16M	66.38M
	Operating Cash Flow
81.60M	120.08M	-7.98M	65.16M	69.04M
	Investing Cash Flow
-139.87M	-165.57M	-124.12M	-94.36M	-103.77M
	Financing Cash Flow
102.64M	69.06M	47.95M	125.63M	44.33M

Umh Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 16.36
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UMH, the sentiment is Negative. The current price of 16.36 is below the 20-day moving average (MA) of 18.15, below the 50-day MA of 18.10, and below the 200-day MA of 18.21, indicating a bearish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 59.21 is Neutral, neither overbought nor oversold. The STOCH value of 75.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for UMH.

Umh Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AVB	75 Outperform	$26.88B	24.86	9.10%	3.63%	4.85%	16.04%
IRT	75 Outperform	$4.32B	104.65	1.14%	3.51%	-3.17%	―
SUI	73 Outperform	$15.21B	168.88	1.39%	3.15%	0.02%	-33.99%
ELS	68 Neutral	$13.23B	33.75	23.13%	3.07%	2.17%	15.94%
MAA	61 Neutral	$18.08B	33.60	8.73%	3.93%	1.98%	-4.78%
Sector *	61 Neutral	$4.26B	15.61	-3.60%	11.29%	6.17%	-21.11%
UMH	60 Neutral	$1.40B	514.24	2.67%	5.07%	8.88%	―

Umh Corporate Events

Umh Updates Investors on Q1 2025 Results

On April 2, 2025, Umh provided investors with an update on its first quarter 2025 operating results. The company clarified that the information shared is not considered ‘filed’ for any legal purposes under the Securities Exchange Act of 1934 or the Securities Act of 1933, unless specifically incorporated by reference into any such filing.

UMH Properties Increases Quarterly Dividend by 4.7%

On April 1, 2025, UMH Properties, Inc. announced a 4.7% increase in its quarterly common stock dividend, raising it to $0.225 per share, payable on June 16, 2025. This marks the fifth consecutive annual increase, reflecting the company’s robust revenue growth and strategic positioning for future expansions and acquisitions, supported by a strong balance sheet.

UMH Properties Announces Q4 and Full Year 2024 Results

On February 26, 2025, UMH Properties, Inc. announced its financial results for the fourth quarter and the full year ending December 31, 2024. The release highlighted the company’s operational performance and provided a supplemental information package for its earnings conference call. The announcement emphasized various risks and uncertainties impacting the company’s operations, including real estate market conditions, competition, and economic factors, which could affect its future performance.