Owns and operates manufactured-housing communities, renting home sites (and some homes) mainly in the Northeast and Midwest.
Owns and operates manufactured-housing communities, renting home sites (and some homes) mainly in the Northeast and Midwest.
Earns monthly site rent from residents who own or rent homes on its land, and also sells and rents out manufactured homes to fill vacant sites. Its strategy is buying run-down communities and filling empty sites to lift rent. Moving a manufactured home is costly for residents, so tenancies tend to be long.
Moat: narrow (installed base, regulatory licence). Zoning restrictions on new communities limit competing supply near existing sites.
Headquarters: Freehold, New Jersey, US · Founded: 1968 · Employees: 540
Size UMH Properties (UMH) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $1.28B, the 2094th largest of 3,117 United States companies the cockpit tracks. Shares closed at $14.92 on 6 Nov 2026.
Performance Over six months the shares fell 5.7%, against -10.4% for the median peer and -1.1% for the United States market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 8.5% over the last twelve months (peer median +3.6%); the operating margin is 31.6% (peer median 45.5%).
Valuation It trades at 2.37× book value against a peer median of 0.99× (3rd most expensive of 21).
Price implies The share price implies a return on equity of about 18.9%; UMH Properties delivers 2.8%, so the price asks more than the business earns today.
Short interest Short interest is 5.0% of the free float (15 Oct 2026).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $279M | $262M | $241M | $221M | $196M |
| Revenue growth | — | +9% | +9% | +13% | — |
| Gross profit | $80.5M | $76.7M | $71.1M | $62.8M | $53.8M |
| EBITDA | $160M | $112M | $104M | $88.3M | $56.5M |
| Net income | $25.2M | $26.5M | $21.6M | $8.01M | -$4.85M |
| Free cash flow | $83.4M | $82.0M | $81.6M | $120M | -$7.98M |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Total debt | $854M | $764M | $618M | $693M | $765M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| UMH Properties UMH | $1.28B | -6% | +9% | 3% | 2.37× | 18.9% |
| Equity LifeStyle Properties ELS | $12.3B | 0% | +3% | 22% | 6.99× | 37.4% |
| Sun Communities SUI | $14.4B | -4% | -19% | 5% | 2.76× | 18.4% |
| American Homes 4 Rent AMH | $11.8B | +2% | +4% | 7% | 1.73× | 12.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | UMH | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.2% | +0.3% | 9th lowest of 21 |
| 6-month return | -5.7% | -10.4% | 9th highest of 21 |
| Return on equity | 2.8% | 5.9% | 7th lowest of 20 |
| Price / book | 2.37× | 0.99× | 3rd most expensive of 21 |
| Trailing P/E | 293.7× | 16.5× | most expensive of 16 |
| ROE the price implies | 18.9% | 5.5% | 2nd most demanding of 21 |
| ROE delivered | 2.8% | 6.1% | 5th lowest of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| UMH Properties UMH | United States | $1.28B | -6% | +9% | 3% | 2.37× | 18.9% | 2.8% |
| Centuria Industrial REIT CIP.AX | Australia | $1.28B | +1% | +6% | 6% | 0.74× | 9.5% | 6.4% |
| Alexander's ALX | United States | $1.29B | +3% | +8% | 107% | 5.67× | 34.9% | 107.4% |
| American Assets Trust AAT | United States | $1.32B | +2% | -8% | 2% | 1.19× | 11.1% | 1.9% |
| Piedmont Realty Trust PDM | United States | $1.23B | +18% | +3% | -6% | 0.85× | 10.5% | -5.9% |
| Esr-reit 9A4U.SI | Singapore | $1.33B | -14% | +5% | 1% | 0.84× | 5.5% | 0.8% |
| Hulic Reit 3295.T | Japan | $1.23B | -17% | +5% | 6% | 0.96× | 4.6% | 5.9% |
| Mitsui Fudosan Retail Fund Investment 8964.T | Japan | $1.23B | -16% | -6% | 7% | 1.10× | 4.6% | 6.8% |
| Daiwa Securities Living Investment 8986.T | Japan | $1.22B | -25% | +42% | 7% | 1.02× | 5.4% | 7.1% |
| Comforia Residential REIT 3282.T | Japan | $1.36B | -20% | +17% | 6% | 1.27× | 5.1% | 6.3% |
| AEON REIT Investment 3292.T | Japan | $1.36B | -19% | +1% | 5% | 0.89× | 4.1% | 5.3% |
| Mori Hills Reit Investment 3234.T | Japan | $1.36B | -14% | -1% | 6% | 1.07× | 4.5% | 5.9% |
| Fortune Real Estate Investment Trust 0778.HK | Hong Kong | $1.19B | -11% | -9% | 0% | 0.37× | 4.5% | -0.3% |
| CNAMC China Resources Commercial Asset Closed Infrastructure Real Estate Investment Trust 180601.SZ | China | $1.41B | -6% | n/a | n/a | 1.51× | 4.4% | n/a |
| Lendlease Global Commercial REIT JYEU.SI | Singapore | $1.44B | -3% | +4% | 5% | 0.78× | 4.4% | 5.1% |
| Emperador Properties SOCIMI YEPSA.MC | Spain | $1.44B | +14% | +7% | -2% | 2.84× | 10.5% | n/a |
| LaSalle LOGIPORT REIT 3466.T | Japan | $1.45B | -10% | +71% | 6% | 1.19× | 4.8% | 6.2% |
| Centurion Accommodation REIT 8C8U.SI | Singapore | $1.45B | -3% | -69% | 1% | 1.22× | 6.0% | n/a |
| Ellington Financial EFC | United States | $1.45B | -17% | +30% | 12% | 0.82× | 8.6% | 12.3% |
| Empire State Realty OP LP Series ES ESBA | United States | $1.46B | -6% | +2% | 5% | 0.84× | 10.8% | n/a |
| Ladder Capital LADR | United States | $1.12B | -13% | +2% | 7% | 0.77× | 8.3% | 6.7% |