Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) & UMH Properties (NYSE:UMH) Head to Head Comparison

UMH Properties (NYSE:UMH) and Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) are both real estate companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, earnings, risk, profitability, institutional ownership, dividends and valuation.

Analyst Ratings

This is a summary of current recommendations and price targets for UMH Properties and Canadian Apartment Properties Real Estate Investment Trust, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
UMH Properties	0	1	3	0	2.75
Canadian Apartment Properties Real Estate Investment Trust	0	0	1	0	3.00

UMH Properties currently has a consensus target price of $20.60, indicating a potential upside of 37.79%. Canadian Apartment Properties Real Estate Investment Trust has a consensus target price of $59.21, indicating a potential upside of 62.95%. Given Canadian Apartment Properties Real Estate Investment Trust’s stronger consensus rating and higher possible upside, analysts plainly believe Canadian Apartment Properties Real Estate Investment Trust is more favorable than UMH Properties.

Earnings and Valuation

This table compares UMH Properties and Canadian Apartment Properties Real Estate Investment Trust’s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
UMH Properties	$208.58 million	4.68	-$4.85 million	($0.33)	-45.30
Canadian Apartment Properties Real Estate Investment Trust	N/A	N/A	N/A	$2.94	12.38

Canadian Apartment Properties Real Estate Investment Trust has lower revenue, but higher earnings than UMH Properties. UMH Properties is trading at a lower price-to-earnings ratio than Canadian Apartment Properties Real Estate Investment Trust, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares UMH Properties and Canadian Apartment Properties Real Estate Investment Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
UMH Properties	-1.63%	-1.02%	-0.25%
Canadian Apartment Properties Real Estate Investment Trust	N/A	N/A	N/A

Insider and Institutional Ownership

71.7% of UMH Properties shares are held by institutional investors. Comparatively, 23.8% of Canadian Apartment Properties Real Estate Investment Trust shares are held by institutional investors. 9.1% of UMH Properties shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Dividends

UMH Properties pays an annual dividend of $0.82 per share and has a dividend yield of 5.5%. Canadian Apartment Properties Real Estate Investment Trust pays an annual dividend of $1.16 per share and has a dividend yield of 3.2%. UMH Properties pays out -248.5% of its earnings in the form of a dividend. Canadian Apartment Properties Real Estate Investment Trust pays out 39.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. UMH Properties has raised its dividend for 3 consecutive years. UMH Properties is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

About UMH Properties

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,700 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina and Georgia. UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate.

About Canadian Apartment Properties Real Estate Investment Trust

CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at June 30, 2023, CAPREIT owns approximately 65,000 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $17 billion of investment properties in Canada and Europe.