earnings
confidence high
sentiment neutral
materiality 0.75
UMH Properties Q1 total income $65.8M (+8%); net income $2.6M vs loss year ago; tightens FFO guidance to $0.98-$1.04
UMH PROPERTIES, INC.
2026-Q1 EPS reported
$0.03
revenue$65,838,000
- Total income $65.8M, up 8% YoY; net income $2.6M ($0.03 diluted) vs loss of $271k in Q1 2025.
- Normalized FFO $0.23 per diluted share, flat YoY; FFO per share $0.21 vs $0.22.
- Same-property community NOI increased 7.1% to $34.9M; same-property occupancy up 110 bps to 89.0%.
- Rental home occupancy rose to 94.6%; added 142 new rental homes during quarter.
- Tightened FY2026 Normalized FFO guidance to $0.98-$1.04 per diluted share (from $0.97-$1.05).