UMH Properties: Undervalued Growth In A High-Demand Sector
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AMO Research403 FollowersFollow5ShareSavePlay(10min)CommentsSummaryI assign a strong buy rating to UMH Properties, citing its undervaluation and substantial growth runway amid the US affordable housing shortage.UMH's strategic land bank, high occupancy, and Southeast expansion drive organic FFO growth without requiring significant new land acquisition costs.UMH trades at a 16.8x Forward P/FFO, below peers, while offering a 5.64% dividend yield backed by robust cash flows and consistent increases.Filling 3,500 vacant sites and leveraging JV partnerships provide significant upside, while interest rate trends and regulatory risks warrant monitoring. JasonDoiy/E+ via Getty Images I give a strong buy rating to UMH Properties, Inc. (UMH). The outlook for the company is very positive thanks to its opportunity to benefit from the shortage of affordable housing in the US. InThis article was written byAMO Research403 FollowersFollowI am a dynamic finance professional with a Master’s in Banking & Finance from Université Paris 1 Panthéon-Sorbonne. My investing background mix corporate finance, M&A, and investment analysis, with a focus on real estate, renewable energy, and equity markets. I specialize in financial modelling, valuation, and qualitative analysis, demonstrated with hands-on roles in private equity, asset management and Real Estate.
On Seeking Alpha, I aim to write about companies I find interesting sharing my insights and analysis with a global audience, and to debate my ideas in a will of continuous improvement. Motivated by empowering informed decisions, I’m excited to connect with readers and grow as a thought leader in finance.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.