UMH Properties Q4 income misses estimates

UMH Properties

25/02/2026 21:52

Overview

Manufactured home REIT's Q4 total income rose 8% yr/yr but missed analyst expectations

Company reported Q4 net loss attributable to common shareholders

Normalized FFO for Q4 increased yr/yr

Outlook

UMH Properties announces full-year 2026 guidance of $0.97 - $1.05 normalized FFO per share

Company anticipates adding 700-800 new rental homes in 2026

UMH expects high single-digit or low double-digit same property growth in 2026

Result Drivers

RENTAL INCOME - Co increased rental and related income by 10% in 2025, contributing to overall revenue growth

COMMUNITY ACQUISITIONS - Acquired five communities for $41.8 mln, adding 587 homesites, enhancing growth potential

CREDIT FACILITY EXPANSION - Added 17 communities to Fannie Mae credit facility, securing $193.2 mln in proceeds

Company press release: ID:nGNXBLdRL

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Total Income
Miss
$66.97 mln
$68.70 mln (4 Analysts)
Q4 Net Income
-$506,000
Q4 Adjusted FFO
$20.51 mln
Q4 FFO
$19.35 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "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 $18.75, about 15.8% above its February 24 closing price of $16.19

The stock recently traded at 108 times the next 12-month earnings vs. a P/E of 71 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)