Loading...
•
Sep 30, 2025
UMH Properties Q3 2025 Earnings Report
UMH Properties reported a decrease in net income but an increase in total income and normalized FFO for the third quarter ended September 30, 2025.
Key Takeaways
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.
Total Income increased by 10% to $66.9 million compared to $60.7 million in Q3 2024.
Net Income Attributable to Common Shareholders decreased to $4.2 million ($0.05 per diluted share) from $8.2 million ($0.11 per diluted share) in Q3 2024.
Normalized FFO per diluted share increased by 4% to $0.25, up from $0.24 in Q3 2024.
The company acquired two communities in Maryland for approximately $14.6 million and issued $80.2 million in Series B Bonds.
Forward Guidance
UMH Properties remains optimistic about future growth, driven by filling vacant sites, developing vacant land, and opportunistic acquisitions. The company aims to add 700 to 800 new rental homes to its portfolio.
Positive Outlook
- Strong balance sheet provides a solid foundation for future operations.
- 3,500 vacant sites and 570 recently developed expansion sites offer significant growth potential.
- 2,300 acres available for future development.
- Continued focus on operational excellence to drive increased earnings per share.
- Anticipated continued growth in home sales as momentum builds at recently opened expansions.
Challenges Ahead
- No specific negative forward guidance points were explicitly stated in the report.
- No specific negative forward guidance points were explicitly stated in the report.
- No specific negative forward guidance points were explicitly stated in the report.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...