UMH Properties Q2 2026: Net income up 75% to $4.4M; Normalized FFO $0.25 vs $0.23

UMH PROPERTIES, INC.

2026-Q2 EPS reported $0.08 revenue$137,478,000

Total income $71.6M (+7% YoY); net income attributable to common $4.4M ($0.05 diluted) vs $2.5M ($0.03).
Normalized FFO $21.5M ($0.25 diluted) vs $19.5M ($0.23), up 11% and 9% per share.
Same property NOI up 8.8%; same property occupancy up 110 bps to 89.4%.
Sales of manufactured homes $11.5M (+10% YoY); guidance reaffirmed at $0.98-$1.04 diluted EPS.
Expanded unsecured credit facility; issued ~353k shares Series D Preferred at $21.61, gross $7.6M.

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