Earnings summaries and quarterly performance for UMH PROPERTIES.
Executive leadership at UMH PROPERTIES.
Board of directors at UMH PROPERTIES.
Amy Butewicz
Director
Angela Pruitt-Marriott
Director
Eugene Landy
Chairman of the Board
Jeffrey Carus
Director
Kenneth Quigley Jr.
Director
Kiernan Conway
Director
Matthew Hirsch
Presiding Director
Michael Landy
Director
Stuart Levy
Director
Todd Clark
Director
William Mitchell
Director
Research analysts who have asked questions during UMH PROPERTIES earnings calls.
Craig Kucera
Lucid Capital Markets
4 questions for UMH
Gaurav Mehta
Alliance Global Partners
4 questions for UMH
John Massocca
B. Riley Financial
4 questions for UMH
Robert Stevenson
Janney Montgomery Scott LLC
3 questions for UMH
Richard Anderson
Wedbush Securities
2 questions for UMH
Merrill Ross
Compass Point Research & Trading, LLC
1 question for UMH
Rob Stevenson
Janney Montgomery Scott
1 question for UMH
Recent press releases and 8-K filings for UMH.
- UMH Properties, Inc. reported strong operational growth in 2025, with Same Property occupancy increasing by 354 units to 88.3% and 717 new rental homes added.
- The company achieved significant revenue increases, with gross home sales revenue up 8% to $36.3 million for the full year 2025 and Rental and Related Income rising 9% to $226.2 million.
- In 2025, UMH acquired five manufactured home communities for $41.8 million and refinanced 17 communities, generating $193.2 million in proceeds.
- During Q4 2025, the company executed a share buyback of 300,000 shares for $4.5 million and sold 100,000 shares of Realty Income Corporation for $5.7 million.
- UMH Properties, Inc. reported strong preliminary operating results for Q4 and full year 2025, with gross home sales revenue increasing 7% to $9.2 million for the quarter and 8% to $36.3 million for the year, alongside a 9% increase in full-year Rental and Related Income to $226.2 million. The company also achieved a 354-unit increase in Same Property occupancy over the year, reaching 88.3%.
- For the full year 2025, UMH Properties acquired five manufactured home communities for $41.8 million, refinanced 17 communities for $193.2 million at a weighted average interest rate of 5.67%, and issued $80.2 million in 5.85% Series B Bonds.
- In Q4 2025, the company executed a share repurchase program, buying back 300,000 shares for $4.5 million, and sold 100,000 shares of Realty Income Corporation from its securities portfolio for $5.7 million.
- Management expects continued earnings per share growth in future quarters, with the final Q4 and full year 2025 results scheduled for release on February 25, 2026.
- On November 25, 2025, UMH Properties, Inc. added seven communities containing 1,765 sites to its Fannie Mae credit facility, securing approximately $91.8 million in proceeds.
- This new interest-only loan carries a fixed rate of 5.46% with a 9-year term, and the proceeds will be used for additional acquisitions, community expansions, rental homes, and to repay higher interest rate debt.
- A certified appraisal valued these added communities at $145.1 million, reflecting a 98% increase from UMH's $73.2 million investment.
- As of November 25, 2025, the total outstanding amount under the Company’s Fannie Mae credit facility is approximately $398.3 million.
- UMH Properties reported normalized FFO per diluted share of $0.25 for Q3 2025, representing a 4% increase from Q3 2024 and a 9% sequential increase from Q2 2025.
- Total revenue for Q3 2025 increased 10% year-over-year to $66,900,000, and the company is on track to surpass $250,000,000 in total income for 2025.
- Same property net operating income (NOI) increased by 12% or $3,700,000 in Q3 2025, with the overall portfolio maintaining 87.2% occupancy across 145 communities.
- UMH issued $80,000,000 of new 5.85% Series B Israeli bonds and increased its share repurchase program to $100,000,000.
- The company acquired two Maryland communities for $14,600,000 in Q3 2025 and one Georgia community for $2,600,000 subsequent to quarter-end, totaling five communities acquired year-to-date for $41,800,000.
- UMH Properties reported strong financial performance in Q3 2025, with Rental and Related Income increasing by 11%, Same Property Community NOI up 12%, and Normalized FFO rising 15%. Same Property Occupancy improved by 110 basis points to 88.5%, and the Same Property expense ratio improved from 41.1% in Q3 2024 to 39.7%.
- The company expanded its portfolio by acquiring two communities in Maryland for $14.6 million and, subsequent to quarter end, one community in Georgia for $2.6 million. UMH now owns 145 communities with approximately 27,000 developed homesites.
- UMH raised capital by issuing $80.2 million in 5.85% Series B Bonds and generating $4.6 million in net proceeds from common stock sales during Q3 2025. Additionally, the company completed an addition to its Fannie Mae Credit Facility for $101.4 million in May 2025.
- A 4.7% dividend increase was announced in April 2025, marking the fifth consecutive common stock dividend increase.
- UMH Properties reported normalized FFO of $0.25 per diluted share for the third quarter of 2025, representing a 4% increase from Q3 2024 and a 9% sequential increase from Q2 2025.
- Total revenue for Q3 2025 increased by 10% year-over-year to $66.9 million, with year-to-date total income reaching $194.8 million.
- The company's portfolio was 87.2% occupied, with 3,500 vacant sites, and same-property net operating income (NOI) increased by 12% for the quarter.
- UMH issued $80.2 million of 5.85% Series B Israeli bonds and ended the quarter with $673 million in total debt, 99% of which was fixed rate at a weighted average interest rate of 4.83%. The board also increased its share repurchase authorization to $100 million.
- UMH Properties, Inc. reported Total Income of $66.9 million for the third quarter ended September 30, 2025, representing a 10% increase compared to $60.7 million for the same period in 2024.
- Net Income Attributable to Common Shareholders for Q3 2025 was $4.2 million, or $0.05 per diluted share, down from $8.2 million, or $0.11 per diluted share, in Q3 2024.
- Normalized Funds from Operations (FFO) Attributable to Common Shareholders increased by 15% to $21.3 million, or $0.25 per diluted share, for Q3 2025, compared to $18.5 million, or $0.24 per diluted share, in Q3 2024.
- The company's operational performance showed an 11% increase in Rental and Related Income and a 12% increase in Same Property Community Net Operating Income (NOI) for Q3 2025. Same Property Occupancy improved by 110 basis points to 88.5%.
- Year-to-date, UMH Properties, Inc. acquired five communities containing 587 sites for approximately $42 million and issued approximately $80.2 million in 5.85% Series B Bonds due 2030.
- UMH Properties, Inc. reported Total Income of $66.9 million for the quarter ended September 30, 2025, an increase of 10% compared to $60.7 million for the same period in 2024.
- Net Income Attributable to Common Shareholders for Q3 2025 was $4.2 million, or $0.05 per diluted share, compared to $8.2 million, or $0.11 per diluted share, in Q3 2024.
- Normalized Funds from Operations (Normalized FFO) increased to $21.3 million, or $0.25 per diluted share, for Q3 2025, representing a 15% and 4% year-over-year increase, respectively.
- The company achieved operational growth, with Rental and Related Income increasing by 11% and Sales of Manufactured Homes growing by 5% during the quarter.
- Same Property Community Net Operating Income (NOI) rose by 12.1% compared to the third quarter of the previous year.
- UMH Properties, Inc. closed on the acquisition of a manufactured home community, Albany Dunes, in Albany, Georgia, for $2.6 million on October 7, 2025.
- The acquired community contains 130 developed homesites, with 42 currently occupied.
- This acquisition is expected to create operational efficiencies due to its proximity to an existing UMH community in Georgia.
- Year-to-date, UMH has acquired five communities, totaling 587 sites, for a cumulative purchase price of $41.7 million.
- UMH Properties, Inc. acquired a manufactured home community in Albany, Georgia, for $2.6 million.
- The acquired community, Albany Dunes, contains 130 developed homesites, with 32% currently occupied.
- This acquisition expands UMH's presence in the Georgia market and is expected to create operational efficiencies with a nearby existing community.
- Year-to-date, UMH has completed the acquisition of five communities, totaling 587 sites, for a total purchase price of $41.7 million.
Quarterly earnings call transcripts for UMH PROPERTIES.
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