UMH Properties Q2 Income Beats Estimates, Net Income Surges 75%
UMH is trading near its 52-week low of $13.93 (9.1% above the low).
Summary
UMH Properties delivered a strong Q2, with total income of $71.64M beating the $69.96M consensus and net income to common shareholders jumping 75% year-over-year. Rental income grew 9%, home sales rose 10% to $11.5M, and same-property occupancy improved 110 basis points to 89.4%. Normalized FFO per share increased 9%, and the company reiterated its 2026 full-year guidance of $0.98-$1.04 per diluted share. This follows preliminary Q2 results released on July 6, but today's report provides the full financial details and confirms the beat against analyst estimates. The results underscore accelerating operational momentum in the manufactured housing REIT space.
At the time of this announcement, UMH was trading at $15.20 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $13.93 to $16.98. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.