UMH Properties, Inc. experienced a mixed third quarter in 2025. While total income saw a healthy 10% increase and Normalized FFO per diluted share grew by 4%, net income attributable to common shareholders significantly decreased by 48.5% compared to the same quarter last year. The company continued its growth strategy through acquisitions and rental home programs.
UMH Properties, Inc. delivered a strong second quarter in 2025, with total income rising to $66.6 million, a 10% increase year-over-year. Net income attributable to common shareholders significantly improved to $2.5 million, or $0.03 per diluted share, compared to $0.5 million, or $0.01 per diluted share, in the prior year. Normalized FFO also saw a substantial increase to $19.5 million, although normalized FFO per diluted share remained flat at $0.23.
UMH Properties, Inc. reported an increase in Total Income and Normalized Funds from Operations for the first quarter of 2025 compared to the same period in 2024, despite a Net Loss. The company highlighted strong community demand, increased occupancy, and strategic acquisitions.
UMH Properties, Inc. reported a 9% increase in total income for Q4 2024, reaching $61.9 million, and a 9% increase for the full year to $240.6 million. Net income attributable to common shareholders for Q4 was $28,000, while full-year net income was $2.5 million. Normalized FFO per diluted share for the full year increased by 8% to $0.93.
UMH Properties, Inc. reported an increase in total income and net income attributable to common shareholders for the quarter ended September 30, 2024. Normalized Funds from Operations Attributable to Common Shareholders also increased compared to the same period in the previous year. The company also updated its 2024 guidance for normalized FFO.
UMH Properties reported an increase in Total Income and Normalized FFO for the quarter ended June 30, 2024. Total income increased by 9% compared to the same quarter last year, and Normalized FFO per diluted share increased by 10%. The company also initiated guidance for the remainder of 2024, projecting Normalized FFO in a range of $0.91-0.95 per diluted share.
UMH Properties, Inc. reported a solid first quarter in 2024, marked by a 10% increase in total income to $57.7 million. The company experienced growth in normalized FFO per diluted share, rising by 10% year-over-year, and an increase in overall and same-property occupancy, driving same-property income and NOI growth.
UMH Properties, Inc. reported an increase in total income for the quarter ended December 31, 2023, reaching $57.0 million compared to $48.7 million in the previous year. Net Income Attributable to Common Shareholders was $6.8 million, or $0.10 per diluted share, compared to $283,000, or $0.005 per diluted share, for the same quarter in the prior year. Normalized FFO was $15.4 million, or $0.23 per diluted share, compared to $11.3 million, or $0.20 per diluted share, for the quarter ended December 31, 2022.
UMH Properties reported a 7.9% increase in total income, reaching $56.0 million, compared to $51.9 million in the same quarter of the previous year. The company's Normalized FFO was $14.4 million, or $0.22 per diluted share, up from $13.1 million, or $0.24 per diluted share, in the third quarter of 2022. Same property occupancy increased by 546 sites, or 210 basis points, to 88.4%.
UMH Properties reported a 12.3% increase in total income, with Normalized FFO growing sequentially, indicating improved bottom-line results. The company saw growth in sales and reduced its inventory, leading to increased cash flows from operating activities.
UMH Properties reported a 15% increase in total income, driven by increased sales of manufactured homes and occupancy gains. Same property operating results are in line with expectations, with revenue increasing by 6.1% and NOI growing by 5.6%.
UMH Properties, Inc. reported an increase in total income for Q4 2022, with a slight net income attributable to common shareholders. The company focused on acquisitions and expansions during the year, positioning itself for future earnings growth. Despite a net loss for the full year, normalized FFO increased, and the company raised its dividend for three consecutive years.
UMH Properties reported an 8% increase in total income, reaching $51.9 million compared to $48.0 million in the same quarter last year. However, the company experienced a net loss attributable to common shareholders of $9.7 million, or $0.18 per diluted share, compared to a net loss of $3.4 million, or $0.07 per diluted share, in the prior year. The company continues to execute its long-term business plan with focus on affordable housing and community expansion.
UMH Properties reported a total income of $49.2 million for the quarter ended June 30, 2022, compared to $49.0 million for the same period in 2021. The net loss attributable to common shareholders was $22.5 million, or $0.41 per diluted share, compared to a net income of $8.4 million, or $0.18 per diluted share, for the quarter ended June 30, 2021. Normalized Funds from Operations Attributable to Common Shareholders was $8.7 million, or $0.16 per diluted share, compared to $10.3 million, or $0.22 per diluted share, for the quarter ended June 30, 2021.
UMH Properties reported an increase in total income to $45.9 million compared to $43.1 million in the previous year. However, the company experienced a net loss attributable to common shareholders of $4.3 million, or $0.09 per diluted share, compared to a net income of $6.8 million, or $0.16 per diluted share, in the prior year.
UMH Properties reported an increase in total income and net income for the quarter ended December 31, 2021. Total income increased by 7% to $46.0 million, while net income attributable to common shareholders amounted to $9.4 million or $0.17 per diluted share.
UMH Properties reported an 11% increase in total income, reaching $48.0 million for the quarter ended September 30, 2021. Normalized FFO increased to $0.23 per share, a 28% increase compared to the previous year. Same property occupancy increased by 190 basis points, resulting in significant same property income and NOI growth.
UMH Properties reported a strong second quarter with a 22% increase in total income to $49.0 million and a 29% year-over-year increase in Normalized FFO to $0.22 per diluted share. The company benefited from solid housing market fundamentals, driving exceptional demand for sales and rentals, and achieved an all-time high common stock price and surpassed a $1 billion equity market capitalization.
UMH Properties reported a strong first quarter in 2021 with a 15% increase in total income, a significant increase in net income attributable to common shareholders, and growth in Funds from Operations (FFO) and Normalized FFO.
UMH Properties reported a strong Q4 2020, marked by increased total income and net income. The company expanded its rental home portfolio, improved same-property occupancy, and achieved significant same-property NOI growth. Strategic financing moves, including refinancing preferred stock, contributed to enhanced financial flexibility.
UMH Properties reported an increase in total income and normalized FFO for the quarter ended September 30, 2020. The company experienced a net loss due to a change in the fair value of marketable securities and a preferred share redemption charge. The FFO growth was driven by solid fundamental performance in the core business and same property NOI growth.
UMH Properties reported an increase in total income and net income attributable to common shareholders for the quarter ended June 30, 2020. The increase in net income was primarily due to the change in fair value of marketable securities. The company's rent collection rates are in line with pre-pandemic levels, and they continue to experience strong demand throughout their portfolio.
UMH Properties reported a decrease in net income due to an unrealized loss in their securities portfolio, but showed strong operating results with an increase in rental and related income.
UMH Properties Inc. reported an increase in total income for the quarter ended December 31, 2019, compared to the same period in 2018. The company also saw growth in total home sales and same property occupancy.