See more : Southland Holdings, Inc. (SLND) Income Statement Analysis – Financial Results
Complete financial analysis of UMH Properties, Inc. (UMH) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of UMH Properties, Inc., a leading company in the REIT – Residential industry within the Real Estate sector.
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UMH Properties, Inc. (UMH)
About UMH Properties, Inc.
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 124 manufactured home communities containing approximately 23,400 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland. In addition, the Company owns a portfolio of REIT securities.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 220.93M | 195.78M | 186.10M | 163.61M | 146.59M | 129.59M | 112.65M | 99.21M | 81.52M | 71.43M | 62.21M | 46.83M | 39.31M | 34.01M | 32.02M | 36.66M | 38.84M | 42.64M | 39.34M | 34.36M | 33.79M | 29.42M | 24.06M | 18.64M | 18.90M | 17.20M | 15.60M | 8.60M | 13.40M | 12.40M | 11.50M | 11.00M | 9.80M | 9.20M | 8.70M | 7.70M |
| Cost of Revenue | 102.43M | 93.22M | 88.14M | 77.59M | 74.65M | 64.66M | 56.32M | 49.10M | 42.11M | 39.42M | 36.35M | 28.47M | 23.51M | 20.59M | 18.26M | 21.31M | 23.00M | 24.71M | 21.74M | 16.68M | 15.67M | 14.12M | 12.93M | 8.23M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.90M | 3.60M | 0.00 |
| Gross Profit | 118.49M | 102.55M | 97.96M | 86.02M | 71.95M | 64.92M | 56.33M | 50.11M | 39.41M | 32.01M | 25.86M | 18.36M | 15.81M | 13.42M | 13.76M | 15.35M | 15.84M | 17.94M | 17.60M | 17.68M | 18.12M | 15.31M | 11.12M | 10.41M | 18.90M | 17.20M | 15.60M | 8.60M | 13.40M | 12.40M | 11.50M | 11.00M | 9.80M | 5.30M | 5.10M | 7.70M |
| Gross Profit Ratio | 53.63% | 52.38% | 52.64% | 52.57% | 49.08% | 50.10% | 50.01% | 50.51% | 48.34% | 44.81% | 41.57% | 39.21% | 40.21% | 39.45% | 42.97% | 41.87% | 40.77% | 42.06% | 44.74% | 51.46% | 53.64% | 52.03% | 46.23% | 55.83% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 57.61% | 58.62% | 100.00% |
| Research & Development | 0.00 | -0.03 | 0.27 | 0.03 | 0.19 | -0.28 | 0.11 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 19.70M | 18.98M | 14.10M | 11.06M | 10.05M | 10.88M | 9.65M | 8.00M | 7.35M | 6.47M | 6.24M | 5.14M | 3.98M | 3.25M | 3.12M | 4.62M | 5.30M | 0.00 | 0.00 | 3.66M | 3.85M | 3.22M | 2.77M | 1.85M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.10M | 1.00M | 0.00 |
| Selling & Marketing | 6.95M | 5.28M | 4.81M | 4.94M | 5.08M | 3.77M | 3.10M | 2.85M | 2.79M | 2.98M | 1.99M | 2.15M | 2.10M | 1.72M | 1.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 26.65M | 24.26M | 18.90M | 16.00M | 15.13M | 14.65M | 12.74M | 10.86M | 10.13M | 9.45M | 8.23M | 7.29M | 6.08M | 4.96M | 4.31M | 4.62M | 5.30M | 5.33M | 4.84M | 3.66M | 3.85M | 3.22M | 2.77M | 1.85M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.10M | 1.00M | 0.00 |
| Other Expenses | 0.00 | 48.77M | 45.12M | 41.71M | 36.81M | 410.44K | 705.05K | 504.76K | 435.82K | 328.89K | 211.05K | 643.59K | 7.32M | 4.73M | 4.34M | 4.26M | 3.84M | 3.65M | 3.62M | 3.31M | 3.02M | 2.92M | 2.77M | 2.71M | 12.20M | 11.50M | 10.30M | 3.60M | 9.30M | 8.60M | 8.30M | 7.70M | 6.70M | 1.70M | 1.80M | 5.60M |
| Operating Expenses | 25.32M | 73.03M | 64.03M | 57.70M | 51.94M | 46.35M | 40.30M | 34.07M | 29.01M | 24.61M | 20.21M | 14.88M | 13.41M | 9.69M | 8.65M | 8.88M | 9.13M | 8.98M | 8.45M | 6.97M | 6.86M | 6.15M | 5.54M | 4.56M | 12.20M | 11.50M | 10.30M | 3.60M | 9.30M | 8.60M | 8.30M | 7.70M | 6.70M | 2.80M | 2.80M | 5.60M |
| Cost & Expenses | 127.76M | 166.25M | 152.16M | 135.30M | 126.58M | 111.01M | 96.62M | 83.18M | 71.12M | 64.04M | 56.55M | 43.35M | 36.91M | 30.28M | 26.91M | 30.19M | 32.14M | 33.69M | 30.19M | 23.65M | 22.53M | 20.26M | 18.48M | 12.79M | 12.20M | 11.50M | 10.30M | 3.60M | 9.30M | 8.60M | 8.30M | 7.70M | 6.70M | 6.70M | 6.40M | 5.60M |
| Interest Income | 4.98M | 4.09M | 3.36M | 2.92M | 2.62M | 2.25M | 2.01M | 1.58M | 1.82M | 2.10M | 2.19M | 2.03M | 4.50M | 4.58M | 4.58M | 4.32M | 3.36M | 3.16M | 0.00 | 2.84M | 3.26M | 2.87M | 2.19M | 1.75M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 32.48M | 26.44M | 19.16M | 18.29M | 17.81M | 16.04M | 15.88M | 15.43M | 13.25M | 10.19M | 7.85M | 5.80M | 5.74M | 5.18M | 4.46M | 1.53M | 2.63M | 5.84M | 6.99M | 8.20M | 8.13M | 6.51M | 5.55M | 5.19M | 6.70M | 5.70M | 5.30M | 5.00M | 4.10M | 1.60M | 1.80M | 2.20M | 2.40M | 0.00 | 0.00 | 2.30M |
| Depreciation & Amortization | 55.72M | 188.09M | 127.11M | 149.42M | 112.19M | 163.24M | 97.17M | 83.71M | 18.88M | 15.16M | 11.68M | 7.36M | 5.96M | 4.52M | 4.08M | 4.26M | 3.84M | 3.65M | 3.62M | 3.31M | 3.02M | 2.92M | 2.77M | 2.71M | -2.10M | -1.50M | -1.10M | -1.30M | -1.60M | -1.60M | -1.80M | -2.20M | -2.40M | 1.70M | 1.80M | -2.30M |
| EBITDA | 92.36M | 82.95M | 83.05M | 73.66M | 60.03M | 50.27M | 43.59M | 39.25M | 29.27M | 22.56M | 25.37M | 10.96M | 15.40M | 11.64M | 9.50M | 8.13M | 10.54M | 12.61M | 12.76M | 14.02M | 14.28M | 12.08M | 8.35M | 8.55M | 8.14M | 7.79M | 5.30M | 5.00M | 4.10M | 3.80M | 3.20M | 3.30M | 3.10M | 4.20M | 4.10M | 2.10M |
| EBITDA Ratio | 41.81% | 42.37% | 44.63% | 45.02% | 40.95% | 40.85% | 41.10% | 41.67% | 37.66% | 34.25% | 30.97% | 28.19% | 14.89% | 37.70% | 33.54% | 36.77% | 29.94% | 28.02% | 32.34% | 33.22% | 33.75% | 35.83% | 32.19% | 44.71% | 35.45% | 33.14% | 33.97% | 58.14% | 30.60% | 30.65% | 27.83% | 30.00% | 31.63% | 45.65% | 45.98% | 27.27% |
| Operating Income | 92.36M | 34.18M | 37.92M | 31.95M | 23.22M | -20.18M | 28.55M | 26.97M | 15.39M | 14.43M | 13.69M | 12.28M | 9.44M | 3.28M | 5.11M | 6.47M | 6.70M | 8.96M | 9.15M | 10.71M | 11.26M | 9.16M | 5.58M | 5.85M | 6.70M | 5.70M | 5.30M | 5.00M | 4.10M | 3.80M | 3.20M | 3.30M | 3.10M | 2.50M | 2.30M | 2.10M |
| Operating Income Ratio | 41.81% | 17.46% | 20.38% | 19.53% | 15.84% | -15.57% | 25.34% | 27.18% | 18.88% | 20.20% | 22.00% | 26.22% | 24.01% | 9.64% | 15.95% | 17.65% | 17.26% | 21.00% | 23.25% | 31.17% | 33.33% | 31.14% | 23.19% | 31.37% | 35.45% | 33.14% | 33.97% | 58.14% | 30.60% | 30.65% | 27.83% | 30.00% | 31.63% | 27.17% | 26.44% | 27.27% |
| Total Other Income/Expenses | -84.51M | -39.15M | -29.97M | -64.97M | 4.53M | -54.79M | -3.36M | -4.50M | -27.13M | -3.16M | -7.85M | 2.88M | -64.52K | 17.89M | -1.42M | -4.94M | -4.07M | -3.12M | -2.16M | -1.28M | 2.87M | -9.16M | -5.58M | -5.85M | -2.10M | -1.50M | -1.10M | -1.30M | -1.60M | -1.60M | -1.80M | -2.20M | -2.40M | -2.60M | -2.30M | -2.30M |
| Income Before Tax | 7.85M | -4.97M | 51.09M | 5.06M | 27.75M | -36.22M | 12.67M | 11.53M | 2.14M | 4.24M | 5.84M | 6.47M | 3.70M | 6.67M | 3.69M | 1.53M | 2.63M | 5.84M | 6.99M | 8.20M | 8.13M | 6.51M | 5.55M | 5.19M | 4.60M | 4.20M | 4.20M | 3.70M | 2.50M | 2.20M | 1.40M | 1.10M | 700.00K | -100.00K | -400.00K | -200.00K |
| Income Before Tax Ratio | 3.55% | -2.54% | 27.45% | 3.09% | 18.93% | -27.95% | 11.25% | 11.63% | 2.63% | 5.93% | 9.38% | 13.83% | 9.40% | 19.61% | 11.52% | 4.17% | 6.78% | 13.70% | 17.77% | 23.87% | 24.05% | 22.13% | 23.07% | 27.84% | 24.34% | 24.42% | 26.92% | 43.02% | 18.66% | 17.74% | 12.17% | 10.00% | 7.14% | -1.09% | -4.60% | -2.60% |
| Income Tax Expense | 0.00 | 26.44M | 19.78M | 19.01M | 18.39M | 16.04M | 15.88M | 15.43M | 13.25M | 10.19M | 7.85M | 5.80M | -3.70M | 1.64M | -3.69M | -1.53M | -2.63M | -5.84M | -6.99M | -8.20M | -8.13M | -6.51M | -5.55M | -5.19M | -4.60M | -4.20M | -4.20M | -3.70M | -2.50M | 100.00K | 100.00K | 100.00K | 100.00K | 100.00K | 400.00K | 100.00K |
| Net Income | 8.01M | -31.41M | 31.30M | -13.95M | 9.36M | -36.22M | 12.67M | 11.53M | 2.14M | 4.24M | 5.84M | 6.47M | 3.70M | 6.67M | 3.69M | 1.53M | 2.63M | 5.84M | 6.99M | 8.20M | 8.13M | 6.51M | 5.55M | 5.19M | 4.60M | 4.20M | 4.20M | 3.70M | 2.50M | 2.10M | 1.30M | 1.00M | 600.00K | -100.00K | -400.00K | -300.00K |
| Net Income Ratio | 3.63% | -16.04% | 16.82% | -8.53% | 6.38% | -27.95% | 11.25% | 11.63% | 2.63% | 5.93% | 9.38% | 13.83% | 9.40% | 19.61% | 11.52% | 4.17% | 6.78% | 13.70% | 17.77% | 23.87% | 24.05% | 22.13% | 23.07% | 27.84% | 24.34% | 24.42% | 26.92% | 43.02% | 18.66% | 16.94% | 11.30% | 9.09% | 6.12% | -1.09% | -4.60% | -3.90% |
| EPS | -0.14 | -0.58 | 0.68 | -0.34 | 0.23 | -0.98 | -0.24 | -0.09 | -0.24 | -0.15 | -0.09 | 0.11 | 0.14 | 0.52 | 0.32 | 0.14 | 0.25 | 0.58 | 0.74 | 0.95 | 1.80 | 0.86 | 0.74 | 0.71 | 0.63 | 0.60 | 0.63 | 0.61 | 0.44 | 0.40 | 0.26 | 0.21 | 0.14 | -0.02 | -0.10 | -0.08 |
| EPS Diluted | -0.14 | -0.58 | 0.66 | -0.34 | 0.23 | -0.98 | -0.24 | -0.09 | -0.24 | -0.15 | -0.09 | 0.11 | 0.14 | 0.52 | 0.32 | 0.14 | 0.25 | 0.58 | 0.74 | 0.95 | 1.70 | 0.85 | 0.74 | 0.71 | 0.63 | 0.60 | 0.63 | 0.60 | 0.44 | 0.40 | 0.26 | 0.21 | 0.14 | -0.02 | -0.10 | -0.08 |
| Weighted Avg Shares Out | 63.07M | 54.39M | 46.33M | 41.40M | 39.91M | 36.87M | 32.68M | 27.81M | 25.93M | 22.13M | 18.72M | 16.20M | 14.51M | 12.77M | 11.41M | 10.88M | 10.54M | 10.09M | 9.47M | 8.60M | 7.86M | 7.60M | 7.46M | 7.34M | 7.25M | 7.04M | 6.62M | 6.07M | 5.69M | 5.25M | 5.00M | 4.76M | 4.29M | 5.00M | 4.00M | 3.84M |
| Weighted Avg Shares Out (Dil) | 63.07M | 54.39M | 47.43M | 41.40M | 40.20M | 36.87M | 32.68M | 27.81M | 25.97M | 22.50M | 18.79M | 16.26M | 14.56M | 12.82M | 11.42M | 10.88M | 10.54M | 10.11M | 9.50M | 8.68M | 7.94M | 7.68M | 7.50M | 7.34M | 7.27M | 7.06M | 6.68M | 6.16M | 5.81M | 5.25M | 5.00M | 4.76M | 4.29M | 5.00M | 4.00M | 3.84M |
Sector Spotlight: Manufactured Housing REITs
Despite high employment and wage growth, demand for affordable housing is at an all-time high, making MHC REITs a compelling investment. The four MHC REITs (ELS, MHCUF, SUI, UMH) show varied YTD returns, with market valuations and SSNOI differing significantly....
UMH Properties: The 6.9% Yielding Preferred Shares Enjoy Good Coverage
UMH Properties' strong FFO and AFFO performance ensures excellent dividend coverage, despite increased share count and preferred dividend payments. Issuing new common shares has reduced debt and interest expenses, enhancing the balance sheet's safety and equity cushion. Preferred shares offer...
Take Advantage Of The Recent Correction Of The Preferred Stock Of UMH Properties
UMH Properties' preferred stock has provided a 19% total return in less than 18 months, driven by reduced debt and lower interest rates. The REIT has significantly improved its financial health, lowering its leverage ratio from 7.7x to 4.9x and...
UMH Properties, Inc. (UMH) Q3 2024 Earnings Call Transcript
UMH Properties, Inc. (NYSE:UMH ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Craig Koster – Executive Vice President and General Counsel Eugene Landy – Founder and Chairman Samuel Landy – President and Chief Executive...
Compared to Estimates, UMH (UMH) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for UMH (UMH) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
UMH Properties (UMH) Q3 FFO Meet Estimates
UMH Properties (UMH) came out with quarterly funds from operations (FFO) of $0.24 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.22 per share a year ago.
UMH PROPERTIES, INC. REPORTS RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2024
FREEHOLD, NJ, Nov. 06, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended September 30, 2024 of $60.7 million, as compared to $56.0 million for the quarter ended September 30, 2023, representing an...
UMH PROPERTIES, INC. SURPASSES 1,000 SELF-STORAGE UNITS
FREEHOLD, NJ, Nov. 04, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) announced that on November 1, 2024, the company closed on an acquisition of a self-storage facility adjoining one of UMH's communities in Anderson, Indiana. The facility contains...
These REITs Trade At Premiums, But Should They?
REIT sectors are often mispriced due to broad-brush analysis; individual property types react differently to economic news, creating investment opportunities. Industrial REITs face weakened fundamentals but still have growth potential; STAG Industrial and Plymouth are undervalued within the sector. Manufactured...
UMH PROPERTIES, INC. REPORTS ON THE IMPACT OF HURRICANE MILTON
FREEHOLD, NJ, Oct. 11, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) reported today on the impact of Hurricane Milton on its portfolio of manufactured housing communities.
Source: https://incomestatements.info
Category: Stock Reports