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-0.000330687830687882 0 0.000330687830687765 0.00165343915343918 0.00660714285714285 0.003968253968254 0.00330687830687824 0.00595238095238094
Stock impact report

UMH Properties' (UMH) Occupancy & Rent Rise on Solid Demand [Yahoo! Finance]

UMH Properties, Inc. (UMH) 
Last umh properties, inc. earnings: 3/5 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.umh.com
Company Research Source: Yahoo! Finance
The results underscore the continued demand for manufactured home communities, resulting in occupancy gains and solid rent growth throughout the year. Remarkably, the company's equity market capitalization was more than $1 billion as of the end of 2023. Shares of the company witnessed a marginal loss on the Jan 5 normal trading session on the NYSE. Per the update, this residential real estate investment trust (REIT), specializing in the ownership and operation of manufactured home communities, rented 1,040 new homes in 2023, bringing the total number of homes under its ownership to 10,000. Notably, 130 of the total were rented out during the fourth quarter of last year. Samuel A. Landy, president and CEO of UMH Properties, commented, “Installing and renting 1,040 new homes during the year is the equivalent of building and occupying a 1,040-unit apartment complex within one year. It's an incredible accomplishment made possible by our success in acquiring manufactured home communiti Show less Read more
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