UMH Expands Fannie Mae Credit Facility

Umh ( (UMH) ) has provided an update.

On May 15, 2025, UMH Properties, Inc. expanded its Fannie Mae credit facility by adding ten communities comprising 2,001 sites, securing approximately $101.4 million through Wells Fargo Bank. This refinancing, with a fixed interest rate of 5.855% over a 10-year term, aims to fund further acquisitions, expansions, and debt repayment. The appraisal valued these communities at $163.5 million, significantly higher than the company’s investment of $66.6 million, highlighting a 146% increase in value. This strategic move underscores UMH’s ability to enhance property value through acquisitions and improvements, supporting its mission to provide affordable housing and generate long-term shareholder returns.

The most recent analyst rating on (UMH) stock is a Buy with a $20.50 price target. To see the full list of analyst forecasts on Umh stock, see the UMH Stock Forecast page.

Spark’s Take on UMH Stock

According to Spark, TipRanks’ AI Analyst, UMH is a Neutral.

UMH’s overall stock score reflects strong financial performance and robust cash flows, with a stable balance sheet. However, technical indicators present a neutral to slightly bearish outlook, and the high P/E ratio suggests potential overvaluation. Positive earnings call guidance and increased dividends support confidence in future growth, though challenges like increased leverage and tariff impacts need to be monitored.

To see Spark’s full report on UMH stock, click here.

More about Umh

UMH Properties, Inc., established in 1968, is a public equity REIT that owns and operates 141 manufactured home communities across several states in the U.S., including New Jersey, New York, and Florida. The company focuses on providing affordable housing solutions and operates over 26,500 developed homesites, with a significant portion dedicated to rental homes and self-storage units.

Average Trading Volume: 422,783

Technical Sentiment Signal: Buy

Current Market Cap: $1.45B

See more insights into UMH stock on TipRanks’ Stock Analysis page.