UMH Properties Inc. (UMH), headquartered in Freehold, New Jersey, is a publicly-traded real estate investment trust (REIT) that specializes in the ownership and operation of manufactured home communities. The company was established in 1968 and originally operated under the name United Mobile Homes, Inc. It was incorporated in 1985, and in 1987, it became a publicly-traded company listed on the New York Stock Exchange.
UMH Properties Inc. is one of the leading players in the manufactured housing industry. The company's strategy involves the acquisition and development of land lease communities in regions that have high potential for growth. It operates over 126 manufactured home communities comprising about 23,000 developed homesites. These communities span across eight states including New Jersey, New York, Pennsylvania, Ohio, Maryland, Tennessee, Indiana, and Michigan.
UMH is driven by a commitment to provide affordable housing solutions. Over the past several decades, it has built a reputation as a reliable community operator. The UMH tagline, “Delivering the American Dream” reflects the company’s mission to provide secure and affordable housing to families and retirees across its territories.
Through its wholly-owned subsidiary UMH Sales and Finance Inc., UMH Properties also provides residents with the flexibility of purchasing or leasing individual homes. Additionally, the company offers mortgage loans secured by manufactured homes.
With forward-thinking leadership under Samuel A. Landy, President and CEO, UMH Properties Inc. has weathered several economic downturns and emerged stronger, underscoring its resilience and robust business model. The company maintains a high standard of property maintenance, landscaping, and community life features such as swimming pools, clubhouses, and playgrounds that contribute to a high quality of living.
UMH's approach to business is focused on strong financial stewardship, sustained growth, and improving shareholder value. The company has consistently maintained a positive dividend policy, making it a reliable choice for investors looking for stable returns in the real estate sector.
UMH Properties Inc. is a member of the National Association of Real Estate Investment Trusts (NAREIT), highlighting its dedication to excellence and adherence to best practices within the REIT industry. With a strong commitment to its communities, residents, employees, and shareholders, UMH continues to be a pioneer in the affordable housing market. The company's dedication to building quality communities and its strategy of expanding into growth-oriented markets has played a pivotal role in its success.
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UMH Properties Director and Special Advisor Anna T. Chew updated her beneficial ownership of the company's common shares and derivative securities after a dividend reinvestment transaction. The Form 4 filing shows she now directly holds 1,066,789.74 common shares, including 865.13 shares acquired via dividend reinvestment on September 15, 2026. Additionally, Chew holds ten direct derivative positions representing 414,833 underlying UMH Properties shares.
UMH Properties' CFO Kevin S. Miller filed a Form 4 detailing his beneficial ownership of common and preferred shares, as well as stock options. The filing indicates he directly owns 24,527.91 common shares and 4,466.28 Preferred D shares, along with four tranches of stock options totaling 59,907 shares with various exercise prices and expiration dates through 2036. The earliest transaction noted was on September 15, 2026, related to dividend reinvestment.
Analysts have issued a "Moderate Buy" consensus rating for UMH Properties, Inc. (NYSE:UMH), with an average 12-month price target of $17.25, significantly higher than its recent share price of $15.32. The company's quarterly results surpassed expectations, reporting $0.05 EPS against an estimated $0.03 and revenues of $71.64 million versus a $60.76 million forecast. Institutional investors, including BlackRock Inc., hold a substantial 75.4% of the stock, indicating strong confidence in the company.
The Public Employees Retirement System of Ohio has purchased 91,954 shares of UMH Properties, Inc. (NYSE:UMH), valued at approximately $1.39 million, bringing institutional ownership to 75.4% of the REIT. UMH Properties reported strong quarterly earnings, beating analyst expectations for both EPS and revenue, and declared a quarterly dividend of $0.225 per share. Analysts currently rate the stock as a "Moderate Buy" with an average price target of $17.25.