Loading...
•
Dec 31, 2025
UMH Properties Q4 2025 Earnings Report
UMH Properties Q4 2025 Earnings Report
Key Takeaways
UMH Properties reported a solid fourth quarter with total income increasing 8% to $67.0 million. While the company experienced a slight net loss attributable to common shareholders of $506,000 for the quarter, Normalized FFO grew to $20.5 million. The company continues to benefit from strong occupancy growth and successful refinancing activities that have significantly increased documented property values.
Total income for Q4 2025 increased 8% year-over-year to $67.0 million.
Normalized FFO for the quarter rose to $20.5 million, or $0.24 per diluted share.
Same Property Occupancy increased by 80 basis points during the year to 88.3%.
The company successfully refinanced 17 communities in 2025, documenting a 121% increase in value over total investment.
Forward Guidance
UMH announced full year 2026 Normalized FFO guidance of $0.97 - $1.05 per share, representing an 8% increase at the mid-point.
Positive Outlook
- Anticipated addition of 700-800 new rental homes in 2026
- Expected high single digit or low double digit same property growth
- Plans to develop 300 or more new sites
- Strong balance sheet with available cash for additional acquisitions
- Pipeline of 3,300 sites available for future income generation
Challenges Ahead
- Net loss reported for the current fourth quarter
- Increase in total expenses to $54.2 million for the quarter
- Potential impact of interest rates on future financing costs
- Marketable securities portfolio saw a decrease in fair value
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...