UMH PROPERTIES, INC. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2025
UMH Properties (NYSE:UMH) reported strong Q2 2025 financial results, with Total Income increasing 10% to $66.6 million compared to Q2 2024. The company achieved Net Income of $2.5 million ($0.03 per diluted share) and Normalized FFO of $19.5 million ($0.23 per diluted share), representing a 16% increase year-over-year.
Key operational highlights include a 9% increase in Rental Income, 19% growth in Manufactured Home Sales, and an 11% rise in Community NOI. Same Property occupancy improved by 80 basis points to 88.2%. The company completed significant financing activities, including a $101.4 million Fannie Mae facility and raised its quarterly dividend by 4.7% to $0.225 per share.
Post-quarter, UMH acquired two Maryland communities for $14.6 million, issued $80.2 million in Series B Bonds, and extended its credit facility maturity to 2027.
UMH Properties (NYSE:UMH) ha riportato risultati finanziari solidi per il secondo trimestre del 2025, con un Incremento del Reddito Totale del 10% a 66,6 milioni di dollari rispetto al Q2 2024. La societ脿 ha registrato un Utile Netto di 2,5 milioni di dollari (0,03 dollari per azione diluita) e un FFO Normalizzato di 19,5 milioni di dollari (0,23 dollari per azione diluita), segnando un aumento del 16% su base annua.
I principali risultati operativi includono un aumento del 9% del Reddito da Affitti, una crescita del 19% nelle Vendite di Case Prefabbricate e un incremento dell'11% del NOI delle Comunit脿. L鈥檕ccupazione nelle propriet脿 stesse 猫 migliorata di 80 punti base raggiungendo l鈥�88,2%. La societ脿 ha completato importanti operazioni di finanziamento, tra cui una linea di credito Fannie Mae da 101,4 milioni di dollari e ha aumentato il dividendo trimestrale del 4,7% a 0,225 dollari per azione.
Dopo la chiusura del trimestre, UMH ha acquisito due comunit脿 in Maryland per 14,6 milioni di dollari, ha emesso obbligazioni Serie B per 80,2 milioni di dollari e ha esteso la scadenza della sua linea di credito al 2027.
UMH Properties (NYSE:UMH) report贸 s贸lidos resultados financieros en el segundo trimestre de 2025, con un aumento del 10% en los Ingresos Totales hasta 66,6 millones de d贸lares en comparaci贸n con el Q2 de 2024. La compa帽铆a logr贸 un Ingreso Neto de 2,5 millones de d贸lares (0,03 d贸lares por acci贸n diluida) y un FFO Normalizado de 19,5 millones de d贸lares (0,23 d贸lares por acci贸n diluida), representando un incremento del 16% interanual.
Los principales aspectos operativos incluyen un aumento del 9% en los Ingresos por Alquiler, un crecimiento del 19% en Ventas de Casas Prefabricadas y un incremento del 11% en el NOI de las Comunidades. La ocupaci贸n en propiedades comparables mejor贸 80 puntos b谩sicos hasta el 88,2%. La empresa complet贸 importantes actividades financieras, incluyendo una l铆nea de cr茅dito Fannie Mae de 101,4 millones de d贸lares y aument贸 su dividendo trimestral en un 4,7% a 0,225 d贸lares por acci贸n.
Tras el cierre del trimestre, UMH adquiri贸 dos comunidades en Maryland por 14,6 millones de d贸lares, emiti贸 bonos Serie B por 80,2 millones de d贸lares y extendi贸 la madurez de su l铆nea de cr茅dito hasta 2027.
UMH Properties (NYSE:UMH)電� 2025雲� 2攵勱赴 臧曤牓頃� 鞛 鞁れ爜鞚� 氤搓碃頄堨溂氅�, 齑濎垬鞛呾澊 10% 歃濌皜頃橃棳 6,660毵� 雼煬毳� 旮半頄堨姷雼堧嫟(2024雲� 2攵勱赴 雽�牍�). 須岇偓電� 靾滌澊鞚� 250毵� 雼煬(頋劃 欤茧嫻 0.03雼煬)瓿� 鞝曥儊頇旊悳 FFO 1,950毵� 雼煬(頋劃 欤茧嫻 0.23雼煬)毳� 雼劚頃橃棳 鞝勲厔 雽�牍� 16% 歃濌皜頄堨姷雼堧嫟.
欤检殧 鞖挫榿 靹标臣搿滊姅 鞛勲寑 靾橃瀰 9% 歃濌皜, 鞝滌“ 欤柬儩 韺愲Г 19% 靹膘灔, 旎る雼堩嫲 NOI 11% 靸侅姽鞚� 韽暔霅╇媹雼�. 霃欖澕 鞛愳偘 鞝愳湢鞙潃 80氩犾澊鞁滌姢 韽澑韸� 靸侅姽頃橃棳 88.2%毳� 旮半頄堨姷雼堧嫟. 須岇偓電� 1鞏� 140毵� 雼煬 攴滊鞚� 韺媹毵� 鞁滌劋鞚� 韽暔頃� 欤检殧 旮堨湹 頇滊彊鞚� 鞕勲頄堨溂氅�, 攵勱赴 氚半嫻旮堨潉 4.7% 鞚胳儊頃橃棳 欤茧嫻 0.225雼煬搿� 臁办爼頄堨姷雼堧嫟.
攵勱赴 膦呺 頉� UMH電� 氅旊Υ霝滊摐 雮� 霊� 臧� 旎る雼堩嫲毳� 1,460毵� 雼煬鞐� 鞚胳垬頃橁碃, 鞁滊Μ歃� B 毂勱秾 8,020毵� 雼煬 氚滍枆, 鞁犾毄 鞁滌劋 毵岅赴毳� 2027雲勳溂搿� 鞐办灔頄堨姷雼堧嫟.
UMH Properties (NYSE:UMH) a annonc茅 de solides r茅sultats financiers pour le deuxi猫me trimestre 2025, avec une augmentation de 10 % du revenu total 脿 66,6 millions de dollars par rapport au T2 2024. La soci茅t茅 a r茅alis茅 un b茅n茅fice net de 2,5 millions de dollars (0,03 dollar par action dilu茅e) et un FFO normalis茅 de 19,5 millions de dollars (0,23 dollar par action dilu茅e), soit une hausse de 16 % d鈥檜ne ann茅e sur l鈥檃utre.
Les points cl茅s op茅rationnels comprennent une hausse de 9 % des revenus locatifs, une croissance de 19 % des ventes de maisons manufactur茅es et une augmentation de 11 % du NOI des communaut茅s. Le taux d鈥檕ccupation des propri茅t茅s comparables s鈥檈st am茅lior茅 de 80 points de base pour atteindre 88,2 %. La soci茅t茅 a r茅alis茅 d鈥檌mportantes op茅rations de financement, notamment une facilit茅 Fannie Mae de 101,4 millions de dollars, et a augment茅 son dividende trimestriel de 4,7 % 脿 0,225 dollar par action.
Apr猫s la fin du trimestre, UMH a acquis deux communaut茅s dans le Maryland pour 14,6 millions de dollars, 茅mis 80,2 millions de dollars d鈥檕bligations de s茅rie B et prolong茅 la maturit茅 de sa facilit茅 de cr茅dit jusqu鈥檈n 2027.
UMH Properties (NYSE:UMH) meldete starke Finanzergebnisse f眉r das zweite Quartal 2025 mit einem Gesamteinkommensanstieg von 10% auf 66,6 Millionen US-Dollar im Vergleich zum zweiten Quartal 2024. Das Unternehmen erzielte einen Nettoertrag von 2,5 Millionen US-Dollar (0,03 US-Dollar pro verw盲sserter Aktie) und einen normalisierten FFO von 19,5 Millionen US-Dollar (0,23 US-Dollar pro verw盲sserter Aktie), was einem Anstieg von 16 % gegen眉ber dem Vorjahr entspricht.
Wesentliche operative Highlights sind ein 9%iger Anstieg der Mieteinnahmen, ein 19%iges Wachstum bei den Verk盲ufen von Fertigh盲usern und ein 11%iger Anstieg des Community-NOI. Die Belegung der gleichen Immobilien verbesserte sich um 80 Basispunkte auf 88,2 %. Das Unternehmen schloss bedeutende Finanzierungsaktivit盲ten ab, darunter eine 101,4 Millionen US-Dollar Fannie Mae-Fazilit盲t und erh枚hte seine viertelj盲hrliche Dividende um 4,7 % auf 0,225 US-Dollar pro Aktie.
Nach Quartalsende erwarb UMH zwei Gemeinschaften in Maryland f眉r 14,6 Millionen US-Dollar, gab Serie-B-Anleihen im Wert von 80,2 Millionen US-Dollar aus und verl盲ngerte die Laufzeit seiner Kreditfazilit盲t bis 2027.
- Total Income increased 10% year-over-year to $66.6 million
- Normalized FFO grew 16% to $19.5 million
- Same Property NOI increased 10% with occupancy improving 80 basis points to 88.2%
- Sales of manufactured homes reached quarterly record, up 19% to $10.5 million
- Quarterly dividend increased 4.7% to $0.225 per share
- Successfully secured $101.4 million Fannie Mae facility at 5.855% fixed rate
- Total Expenses increased 9.5% to $54 million
- Diluted share count increased significantly from 71.9M to 84.8M due to stock issuance
- Marketable securities value decreased by $1.7 million in first half of 2025
Insights
UMH Properties posted strong Q2 results with 10% revenue growth and 16% FFO increase, demonstrating solid operational performance.
UMH Properties delivered a 10% year-over-year increase in total income for Q2 2025, reaching
The company's operational metrics show meaningful improvement. Same-property occupancy increased 80 basis points to
UMH continues its expansion strategy, acquiring two communities in Maryland with 191 homesites for
- Issuing 1.8 million common shares through ATM programs at
$17.60 per share - Completing a
$101.4 million Fannie Mae financing at5.855% fixed rate - Issuing
$80.2 million of 5.85% Series B Bonds in Israel - Extending their
$35 million revolving credit facility to June 2027
The company also increased its quarterly dividend by
While total FFO grew significantly, the
FREEHOLD, NJ, Aug. 06, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended June 30, 2025 of
A summary of significant financial information for the three and six months ended June 30, 2025 and 2024 is as follows (in thousands except per share amounts):
| 听 | 听 | For the Three Months Ended | 听 | |||||
| 听 | 听 | June 30, | 听 | |||||
| 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | ||
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Total Income | 听 | $ | 66,643 | 听 | 听 | $ | 60,328 | 听 |
| Total Expenses | 听 | $ | 54,013 | 听 | 听 | $ | 49,307 | 听 |
| Net Income Attributable to Common Shareholders | 听 | $ | 2,532 | 听 | 听 | $ | 527 | 听 |
| Net Income Attributable to Common Shareholders per Diluted Common Share | 听 | $ | 0.03 | 听 | 听 | $ | 0.01 | 听 |
| FFO (1) | 听 | $ | 18,703 | 听 | 听 | $ | 16,182 | 听 |
| FFO (1) per Diluted Common Share | 听 | $ | 0.22 | 听 | 听 | $ | 0.23 | 听 |
| Normalized FFO (1) | 听 | $ | 19,452 | 听 | 听 | $ | 16,807 | 听 |
| Normalized FFO (1) per Diluted Common Share | 听 | $ | 0.23 | 听 | 听 | $ | 0.23 | 听 |
| Basic Weighted Average Shares Outstanding | 听 | 听 | 83,974 | 听 | 听 | 听 | 71,418 | 听 |
| Diluted Weighted Average Shares Outstanding | 听 | 听 | 84,779 | 听 | 听 | 听 | 71,884 | 听 |
| 听 | 听 | Six Months Ended | 听 | |||||
| 听 | 听 | June 30, | 听 | |||||
| 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | ||
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Total Income | 听 | $ | 127,868 | 听 | 听 | $ | 118,008 | 听 |
| Total Expenses | 听 | $ | 105,664 | 听 | 听 | $ | 97,715 | 听 |
| Net Income (Loss) Attributable to Common Shareholders | 听 | $ | 2,261 | 听 | 听 | $ | (5,737 | ) |
| Net Income (Loss) Attributable to Common Shareholders per Diluted Common Share | 听 | $ | 0.03 | 听 | 听 | $ | (0.08 | ) |
| FFO (1) | 听 | $ | 36,875 | 听 | 听 | $ | 30,228 | 听 |
| FFO (1) per Diluted Common Share | 听 | $ | 0.44 | 听 | 听 | $ | 0.43 | 听 |
| Normalized FFO (1) | 听 | $ | 38,272 | 听 | 听 | $ | 31,824 | 听 |
| Normalized FFO (1) per Diluted Common Share | 听 | $ | 0.46 | 听 | 听 | $ | 0.45 | 听 |
| Basic Weighted Average Shares Outstanding | 听 | 听 | 83,233 | 听 | 听 | 听 | 70,291 | 听 |
| Diluted Weighted Average Shares Outstanding | 听 | 听 | 84,051 | 听 | 听 | 听 | 70,700 | 听 |
A summary of significant balance sheet information as of June 30, 2025 and December 31, 2024 is as follows (in thousands):
| 听 | 听 | June 30, 2025 | 听 | 听 | December 31, 2024 | 听 | ||
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Gross AG真人官方 Estate Investments | 听 | $ | 1,740,234 | 听 | 听 | $ | 1,669,114 | 听 |
| Marketable Securities at Fair Value | 听 | $ | 30,159 | 听 | 听 | $ | 31,883 | 听 |
| Total Assets | 听 | $ | 1,624,022 | 听 | 听 | $ | 1,563,728 | 听 |
| Mortgages Payable, net | 听 | $ | 530,193 | 听 | 听 | $ | 485,540 | 听 |
| Loans Payable, net | 听 | $ | 27,639 | 听 | 听 | $ | 28,279 | 听 |
| Bonds Payable, net | 听 | $ | 101,327 | 听 | 听 | $ | 100,903 | 听 |
| Total Shareholders鈥� Equity | 听 | $ | 933,758 | 听 | 听 | $ | 915,909 | 听 |
Samuel A. Landy, President and CEO, commented on the results of the second quarter of 2025.
鈥淲e are pleased to announce another solid quarter of operating results. During the quarter, we:听听
- Increased Rental and Related Income by
9% ; - Increased Sales of Manufactured Homes by
19% ; - Increased Community Net Operating Income (鈥淣OI鈥�) by
11% ; - Increased Normalized Funds from Operations (鈥淣ormalized FFO鈥�) by
16% ; - Increased Same Property Community NOI by
10% ; - Increased Same Property Occupancy by 80 basis points from
87.4% to88.2% ; - Improved our Same Property expense ratio from
39.4% in the second quarter of 2024 to38.2% at quarter end; - Completed the addition of ten communities to our Fannie Mae credit facility through Wells Fargo Bank, N.A., for total proceeds of approximately
$101.4 million . This interest only loan is at a fixed rate of5.855% with a 10-year term; - Raised our quarterly common stock dividend by
$0.01 representing a4.7% increase to$0.22 5 per share or$0.90 annually, representing our fifth consecutive common stock dividend increase within the last five years, resulting in a total increase of$0.18 or25% over this period; - Issued and sold approximately 1.8 million shares of Common Stock through our At-the-Market Sale Program at a weighted average price of
$17.60 per share, generating gross proceeds of$31.0 million and net proceeds of$30.3 million , after offering expenses; - Subsequent to quarter end, acquired two communities in Maryland containing approximately 191 homesites for a total cost of approximately
$14.6 million ; - Subsequent to quarter end, issued approximately
$80.2 million aggregate principal amount of5.85% Series B Bonds due 2030 in an offering to investors in Israel; - Subsequent to quarter end, issued and sold approximately 160,000 shares of Common Stock through our At-the-Market Sale Program at a weighted average price of
$16.99 per share, generating gross proceeds and net proceeds, after offering expenses, of$2.7 million , net of offering expenses; and - Subsequent to quarter end, amended our
$35 million revolving line of credit with OceanFirst Bank to extend the maturity date to June 1, 2027.鈥�
Samuel A. Landy, President and CEO, commented, 鈥淯MH is pleased to report Normalized FFO of
鈥淥ur same property operating results continue to demonstrate the strength of our portfolio and our ability to drive increased occupancy, revenue and ultimately property level value. During the quarter, same property rental and related income increased by
鈥淪ales of manufactured homes generated gross sales for the quarter of approximately
鈥淪ubsequent to quarter end, we closed on the acquisition of two communities in Maryland, containing 191 units, for a total purchase price of
鈥淯MH continues to deliver improved operating results, property valuations and increase the strength and stability of the company. We look forward to generating growing earnings per share in the coming quarters.鈥�
UMH Properties, Inc. will host its Second Quarter 2025 Financial Results Webcast and Conference Call. Senior management will discuss the results, current market conditions and future outlook on Thursday, August 7, 2025, at 10:00 a.m. Eastern Time.
The Company鈥檚 2025 second quarter financial results being released herein will be available on the Company鈥檚 website at in the 鈥淔inancials鈥� section.
To participate in the webcast, select the webcast icon on the homepage of the Company鈥檚 website at , in the Upcoming Events section. Interested parties can also participate via conference call by calling toll free 877-513-1898 (domestically) or 412-902-4147 (internationally).
The replay of the conference call will be available at 12:00 p.m. Eastern Time on Thursday, August 7, 2025, and can be accessed by dialing toll free 877-344-7529 (domestically) and 412-317-0088 (internationally) and entering the passcode 4486279. A transcript of the call and the webcast replay will be available at the Company鈥檚 website, .
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that currently owns and operates 144 manufactured home communities containing approximately 26,800 developed homesites, of which 10,600 contain rental homes, and over 1,000 self-storage units. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida and Georgia. Included in the 144 communities are two communities in Florida, containing 363 sites, and one community in Pennsylvania, that UMH has an ownership interest in and operates through its joint venture with Nuveen AG真人官方 Estate.
Certain statements included in this press release which are not historical facts may be deemed forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements are based on the Company鈥檚 current expectations and involve various risks and uncertainties. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the Company can provide no assurance those expectations will be achieved. The risks and uncertainties that could cause actual results or events to differ materially from expectations are contained in the Company鈥檚 annual report on Form 10-K and described from time to time in the Company鈥檚 other filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.
Note:
(1)听Non-GAAP Information: We assess and measure our overall operating results based upon an industry performance measure referred to as Funds from Operations Attributable to Common Shareholders (鈥淔FO鈥�), which management believes is a useful indicator of our operating performance. FFO is used by industry analysts and investors as a supplemental operating performance measure of a REIT. FFO, as defined by The National Association of AG真人官方 Estate Investment Trusts (鈥淣AREIT鈥�), represents net income (loss) attributable to common shareholders, as defined by accounting principles generally accepted in the United States of America (鈥淯.S. GAAP鈥�), excluding certain gains or losses from sales of previously depreciated real estate assets, impairment charges related to depreciable real estate assets, the change in the fair value of marketable securities, and the gain or loss on the sale of marketable securities plus certain non-cash items such as real estate asset depreciation and amortization. Included in the NAREIT FFO White Paper - 2018 Restatement, is an option pertaining to assets incidental to our main business in the calculation of NAREIT FFO to make an election to include or exclude gains and losses on the sale of these assets, such as marketable equity securities, and include or exclude mark-to-market changes in the value recognized on these marketable equity securities. In conjunction with the adoption of the FFO White Paper - 2018 Restatement, for all periods presented, we have elected to exclude the gains and losses realized on marketable securities investments and the change in the fair value of marketable securities from our FFO calculation. NAREIT created FFO as a non-U.S. GAAP supplemental measure of REIT operating performance. We define Normalized Funds from Operations Attributable to Common Shareholders (鈥淣ormalized FFO鈥�), as FFO excluding certain one-time charges. FFO and Normalized FFO should be considered as supplemental measures of operating performance used by REITs. FFO and Normalized FFO exclude historical cost depreciation as an expense and may facilitate the comparison of REITs which have a different cost basis. However, other REITs may use different methodologies to calculate FFO and Normalized FFO and, accordingly, our FFO and Normalized FFO may not be comparable to all other REITs. The items excluded from FFO and Normalized FFO are significant components in understanding the Company鈥檚 financial performance.
FFO and Normalized FFO (i) do not represent Cash Flow from Operations as defined by U.S. GAAP; (ii) should not be considered as alternatives to net income (loss) as a measure of operating performance or to cash flows from operating, investing and financing activities; and (iii) are not alternatives to cash flow as a measure of liquidity. FFO and Normalized FFO, as calculated by the Company, may not be comparable to similarly titled measures reported by other REITs.
The diluted weighted shares outstanding used in the calculation of FFO per Diluted Common Share and Normalized FFO per Diluted Common Share were 84.8 million and 84.1 million shares for the three and six months ended June 30, 2025, respectively, and 71.9 million and 70.7 million shares for the three and six months ended June 30, 2024, respectively. Common stock equivalents resulting from employee stock options to purchase 6.3 million shares of common stock amounted to 805,000 shares and 818,000 shares, respectively, for the three and six months ended June 30, 2025, were included in the computation of Diluted Net Income per Share. Common stock equivalents resulting from employee stock options to purchase 4.0 million shares of common stock amounted to 466,000 shares, for the three months ended June 30, 2024, were included in the computation of Diluted Net Income per Share. Common stock equivalents resulting from stock options in the amount of 409,000 for the six months ended June 30, 2024, were excluded from the computation of the Diluted Net Loss per Share as their effect would be anti-dilutive.
The reconciliation of the Company鈥檚 U.S. GAAP net loss to the Company鈥檚 FFO and Normalized FFO for the three and six months ended June 30, 2025 and 2024 are calculated as follows (in thousands):
| 听 | 听 | Three Months Ended | 听 | 听 | Six Months Ended | 听 | ||||||||||
| 听 | 听 | June 30, 2025 | 听 | 听 | June 30, 2024 | 听 | 听 | June 30, 2025 | 听 | 听 | June 30, 2024 | 听 | ||||
| Net Income (Loss) Attributable to Common Shareholders | 听 | $ | 2,532 | 听 | 听 | $ | 527 | 听 | 听 | $ | 2,261 | 听 | 听 | $ | (5,737 | ) |
| Depreciation Expense | 听 | 听 | 15,739 | 听 | 听 | 听 | 15,001 | 听 | 听 | 听 | 32,402 | 听 | 听 | 听 | 29,742 | 听 |
| Depreciation Expense from Unconsolidated Joint Venture | 听 | 听 | 221 | 听 | 听 | 听 | 204 | 听 | 听 | 听 | 438 | 听 | 听 | 听 | 401 | 听 |
| Loss on Sales of Investment Property and Equipment | 听 | 听 | 36 | 听 | 听 | 听 | 10 | 听 | 听 | 听 | 37 | 听 | 听 | 听 | 13 | 听 |
| (Increase) Decrease in Fair Value of Marketable Securities | 听 | 听 | 175 | 听 | 听 | 听 | (3,338 | ) | 听 | 听 | 1,737 | 听 | 听 | 听 | 2,031 | 听 |
| Loss on Sales of Marketable Securities, net | 听 | 听 | -0- | 听 | 听 | 听 | 3,778 | 听 | 听 | 听 | -0- | 听 | 听 | 听 | 3,778 | 听 |
| FFO Attributable to Common Shareholders | 听 | 听 | 18,703 | 听 | 听 | 听 | 16,182 | 听 | 听 | 听 | 36,875 | 听 | 听 | 听 | 30,228 | 听 |
| Amortization of Financing Costs | 听 | 听 | 647 | 听 | 听 | 听 | 607 | 听 | 听 | 听 | 1,246 | 听 | 听 | 听 | 1,163 | 听 |
| Non-Recurring Other Expense (2) | 听 | 听 | 102 | 听 | 听 | 听 | 18 | 听 | 听 | 听 | 151 | 听 | 听 | 听 | 433 | 听 |
| Normalized FFO Attributable to Common Shareholders | 听 | $ | 19,452 | 听 | 听 | $ | 16,807 | 听 | 听 | $ | 38,272 | 听 | 听 | $ | 31,824 | 听 |
(2)听Consists of one-time legal and professional fees (
The following are the cash flows provided by (used in) operating, investing and financing activities for the six months ended June 30, 2025 and 2024 (in thousands):
| 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | ||
| Operating Activities | 听 | $ | 37,195 | 听 | 听 | $ | 37,605 | 听 |
| Investing Activities | 听 | 听 | (100,648 | ) | 听 | 听 | (58,758 | ) |
| Financing Activities | 听 | 听 | 42,125 | 听 | 听 | 听 | 7,598 | 听 |
Contact: Nelli Madden
732-577-9997
FAQ
What were UMH Properties' (NYSE:UMH) key financial results for Q2 2025?
How much did UMH Properties' rental and related income grow in Q2 2025?
What acquisitions did UMH Properties complete after Q2 2025?
How many manufactured home communities does UMH Properties now own?
What was UMH Properties' dividend increase in Q2 2025?
