Brief: UMH Properties Q2 Total Income USD 66.643 Million Vs. IBES Estimate USD 66 Million

UMH Properties

06/08/2025 21:30

Overview

UMH Properties Q2 total income grows 10%, beating analyst expectations

Company raises quarterly dividend by 4.7% to $0.225 per share

Outlook

Company anticipates further occupancy and revenue growth with new rental units

UMH Properties plans to grow acquisition pipeline in near future

Company expects strong sales from increased traffic at new expansions

Result Drivers

INCOME GROWTH - Total income increased by 10% to $66.6 mln, driven by higher rental and related income, and increased sales of manufactured homes

LOAN ACQUISITION - Company closed on a $101.4 mln interest-only loan at a fixed rate of 5.85% to support future growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Total Income
In-line
$66.64 mln
$66 mln (4 Analysts)
Q2 Net Income
$2.53 mln
Q2 Adjusted FFO
$19.45 mln
Q2 FFO
$18.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the residential reits peer group is "buy"

Wall Street's median 12-month price target for UMH Properties Inc is $20.75, about 19.8% above its August 5 closing price of $16.64

The stock recently traded at 97 times the next 12-month earnings vs. a P/E of 83 three months ago

Press Release: ID:nGNX93wj5k

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)