UMH Properties reports Q3 net income $0.05/share vs $0.11 a year ago; normalized FFO rises to $0.25 from $0.24

UMH PROPERTIES, INC.

2025-Q3 EPS reported $0.08 revenue$194,786,000

Total Income up 10% to $66.9M; Net Income Attributable to Common Shareholders $4.2M ($0.05) vs $8.2M ($0.11) last year.
Normalized FFO $21.3M ($0.25 diluted), +15% total and +4% per share YoY.
Same Property Community NOI increased 12.1%; occupancy rose 110 bps to 88.5%.
Acquired two Maryland communities (191 sites) for ~$14.6M in Q3; post-Q3 acquired Georgia community (130 sites) for $2.6M.
Issued $80.2M of 5.85% Series B Bonds due 2030; amended $35M credit line to June 2027.

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