earnings
confidence high
sentiment positive
materiality 0.65
UMH Properties reports preliminary Q1 2026 ops: rental home occupancy 94.6%, sales up 8%
UMH PROPERTIES, INC.
2026-Q1 EPS reported
$0.03
revenue$65,838,000
- Converted 146 homes to rentals; now owns ~11,200 rental homes with 94.6% occupancy (up 80 bps from Q4).
- Gross home sales revenue $7.2M, up 8% YoY from $6.7M; total occupancy up 184 units to 87.7%.
- Same property occupancy up 171 units in Q1 and 412 units YoY to 89%; rental charges up 9.3% YoY.
- April 2026 rental and related charges up ~10% over April 2025; YTD monthly charges up 4% ($701K).
- CEO cites robust demand, plans AI leasing agents; full Q1 results due April 30, 2026.