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REIT Comments |
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07/28/2010
UMH $11
UMH Properties UMH traded DOWN ($0.20) per share to close DOWN (2%) day
UMH outperformed Specialty REITs, UP +32% year to date for 2010
UMH better than expected results for 2Q 2010 reported by other Specialty Manufactured Home REITs, due to higher sales of manufactured homes
UMH sales of manufactured homes an important but variable supplement to rental income from manufactured homes
UMH a Specialty REIT with a portfolio of manufactured home communities
UMH we rank 3 HOLD
UMH market cap $138 million
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