UMH Properties (UMH) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

UMH Properties

NYSE•Real Estate•REIT - Residential

$15.51-0.03(<0.01%)Pre-market

Market Cap

$1.34B

P/E

43.0x

P/S

4.9x

P/B

1.5x

UMH Properties, Inc. is a public equity REIT that owns and operates 145 manufactured home communities. It contains approximately 27,100 developed homesites, of which 11,200 contain rental homes, and over 1,000 self-storage units. These communities are in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida and Georgia. Included in the 145 communities are two communities in Florida, containing 363 sites, and one community in Pennsylvania, containing 113 sites, that UMH has an ownership interest in and operates through its joint ventures with Nuveen Real Estate. UMH Properties, Inc. was incorporated in 1968 in Maryland and is based in Freehold, New Jersey.

How this company scores

WeakMetricSide Score: 33/100

Strongest: Growth (14/25); weakest: Cash & Earnings Quality (0/25).

Profitability5/25

Growth14/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality0/25

Strengths

Consistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 43.0x5y range 0.1x – 229.4x

Currently near its 17-quarter median.

P/S · 4.9x5y range 0.0x – 7.2x

Currently near its 20-quarter median.

P/B · 1.5x5y range 0.0x – 1.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Cash Burn

Red Flag

The last 8 consecutive quarters had negative FCF — the company is burning cash and may need external funding.

Price & Volume

Market Cap $1.34B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $271.36M
Q. Revenue: $71.64M
TTM EBITDA: $70.40M
TTM Op. Income: $0
Q. Op. Income: $0
TTM Net Income: $31.08M
Q. Net Income: $9.53M
EPS: $0.05
Shares Out.: $85.20M

$271.36M in TTM revenue grew 8.4% YoY, reaching $71.64M last quarter. TTM EBITDA of $70.40M and TTM operating income of $0 show growth is flowing through to the bottom line. TTM net income of $31.08M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 25.5%
Op. Margin: 0.0%
Net Margin: 13.3%

Op. margin of 0.0% is flat YoY — stable. Net margin at 13.3%

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 43.0x
P/S Ratio: 4.9x
P/B Ratio: 1.5x

At 43.0x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 4.9x and P/B of 1.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 8% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.71B
Cash: $28.62M
Long-Term Debt: $545.37M
Book Value: $890.36M
D/E Ratio: 0.6
Debt/EBITDA: 29.9

With $1.71B in assets and $545.37M in long-term debt, D/E is 0.6and book value is $890.36M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 8% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $24.79M
TTM Free Cash Flow: $-104.61M
FCF Margin: -38.6%
FCF / Net Income: -3.4

TTM FCF of $-104.61M on $24.79M in operating cash flow. The FCF / Net Income ratio of -3.4x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 3% — a weakening trend.