Street Calls of the Week
FREEHOLD, NJ - UMH Properties, Inc. (NYSE:UMH; TASE:UMH), a manufactured home REIT with a market capitalization of $1.28 billion, announced that its Board of Directors has appointed Todd J. Clark as a Class I Director for a term expiring in 2028.
The appointment, made on Wednesday, brings the dean of Widener University Delaware Law School to the manufactured home community operator’s board. Clark has authored numerous articles on employment discrimination and corporate justice, and co-authored a textbook on corporate justice.
Clark holds degrees from Wittenberg University (political science), University of Pittsburgh School of Law (juris doctorate), and West Virginia University School of Business and Economics (MBA). He is known for his work developing law students from underrepresented populations and promoting wealth creation in minority communities.
"He is a respected attorney and academic leader with extensive management, governance and legal experience," said Samuel A. Landy, President and CEO of UMH Properties, in the press release statement.
UMH Properties, established in 1968, is a public equity REIT that owns and operates 144 manufactured home communities containing approximately 26,800 developed homesites across 12 states. The company’s portfolio includes 10,600 rental homes and over 1,000 self-storage units. Three of these communities are operated through joint ventures, including two in Florida and one in Pennsylvania. Trading near its 52-week low of $14.76, the company maintains strong financials with a healthy current ratio of 12.67 and revenue growth of 8.5% in the last twelve months. InvestingPro analysis reveals 8 additional key insights about UMH’s financial health and growth prospects.
In other recent news, UMH Properties announced its financial results for the second quarter of 2025. The company reported an earnings per share (EPS) of $0.03, which was below the expected $0.038, representing a 21.05% negative surprise. On a positive note, revenue came in at $66.6 million, exceeding the forecasted $63.42 million by 5.08%. Despite the mixed performance in earnings, the company managed to surpass revenue expectations, a crucial aspect for investors. The earnings miss did not seem to affect investor sentiment negatively. These developments highlight the importance of revenue performance in investor evaluations.
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