UMH PROPERTIES, INC. · REIT (real estate trust)

UMH

Moderate riskNext report: In 6 days (est.)

View price ↗

The short version

A profitable company with steady sales. Insiders are buying.

Going well

Raised its dividend (5.8% yield)
Profitable
Brings in more cash than it spends

Watch out for

Share count growing 15.3% a year (dilution)

Money moves

2 insiders bought $2K of shares with their own money in the last 30 days
Institutions cut 2% from their holdings in the quarter ending June 2026 (129 bought, 116 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$15.47+0.1% that day

Latest insider buy: A director bought at $14.63 on Oct 15. The stock is now $15.47, +5.7% since.

Company value: $1.3B; Share price times all shares
Price vs profit (P/E): 128.9x; You pay about $129 for each $1 of yearly profit
Price vs sales: 4.9x; Company value is 4.9 times a year of sales
Dividend yield: 5.8%; Yearly dividend as a share of today's price
Cash vs value: 2%; Cash as a share of company value
Debt vs value: 43%; Debt as a share of company value

From UMH's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$71.6M+7.5% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $271.4M, up 8.4% from the 12 months before. Over 5 years, sales grew about 9.9% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of UMH. Starting points are the company's recent numbers.

Sales growth+8% a yearRecently: +8.4% a yearProfit margin4%Last 12 months: 4.0%P/E at the end40xToday: 128.9x. Many steady companies trade at 12x to 25xShare count change+10% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$399M

Profit in 5 years$16M

Price these guesses point to$4.64-70% vs $15.47 todayAbout -21% a year, before dividends

What today's price needs: with a 4% margin and a 40x P/E, sales would have to grow about 37% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

1/6Weak

MissReturn on equity 15%+Earns a lot on the money owners have in the business.0.7%
MissDebt under half of equityNot relying on borrowed money.0.62x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.2.3%
MissProfitable every yearSteady profits, not one good year.7 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$82.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+53.1% in 3 years

Revenue: $261.8M; +8.8% vs prior year
5-year growth: +9.9%/yr; revenue, per year
Total debt: $562.1M; 0.62x equity
Free cash flow: $82.0M; 31.3% of revenue

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Aug 5

Revenue: $71.6M; +7.5% YoY
EPS: $0.05; vs $0.03
Free cash flow: $24.8M
Share count: +0.9%; vs a year ago

Insider rating

Last 90 days

76Buying

2 insiders bought $22K
Cluster buy: 2 insiders within 1 day
Top executive buying (EVP, CFO, Treasurer)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 4.3
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady-2.0%

Institutions cut 2.0% from their holdings. 129 bought, 116 sold. 2 quarters of net selling in a row.

Shares held by institutions65.5M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+9.4%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.6x · $550.9M debt

Shares outstandingLatest reported

85M

Why moderate risk

Share count growing 9.4% a year
2 offering filings in 6 months (may sell new shares)

Earnings reports

Last 12

Next reportIn 6 days (est.)Estimated from the same quarter last year

Results filedAug 5
Results filedApr 30
Results filedFeb 25
Results filedNov 3, 2025
Results filedAug 6, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (active)Sep 29 · View filing ↗Activist New 5%+ holder (active)Aug 11 · View filing ↗Activist New 5%+ holder (passive)Jul 31 · View filing ↗Big holder 5%+ holder update (passive)Jul 30 · View filing ↗Big holder Offering prospectusMay 12 · View filing ↗Offering Offering prospectusMay 12 · View filing ↗Offering

Insider trades

Open-market buys and sells, last 90 days

Bought$22K2 insiders

Sold$00 insiders

Cluster buy2 buyers$2K in 30 days

Insider	Trade	Shares	Avg price	Value	Owns after	Date
William Edward MitchellDirector	Buy	68	$14.63	$1K	37K	Oct 15Filing ↗
+0.2% of their holdings Filed 1 day after
Kevin S. MillerEVP, CFO, Treasurer	Buy	68	$14.63	$1K	31K	Oct 15Filing ↗
+0.2% of their holdings Filed 1 day after
William Edward MitchellDirector	Buy	1K	$15.30	$20K	37K	Sep 25Filing ↗
+3.7% of their holdings Filed same day