{"id":19719,"date":"2026-08-05T01:01:16","date_gmt":"2026-08-05T06:01:16","guid":{"rendered":"https:\/\/1reason.com\/re\/umh-properties-inc-reports-results-for-the-second-quarter-ended-june-30-2026\/19719\/"},"modified":"2026-08-05T20:01:16","modified_gmt":"2026-08-06T01:01:16","slug":"umh-properties-inc-reports-results-for-the-second-quarter-ended-june-30-2026","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/umh-properties-inc-reports-results-for-the-second-quarter-ended-june-30-2026\/19719\/","title":{"rendered":"UMH PROPERTIES, INC. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2026"},"content":{"rendered":"
Net Income Attributable to Common Shareholders amounted to $4.4 million or $0.05 per diluted share for the quarter ended June 30, 2026 as compared to Net Income Attributable to Common Shareholders of $2.5 million or $0.03 per diluted share for the quarter ended June 30, 2025, representing a 75% increase and by a 67% increase on a per diluted share basis. Normalized Funds from Operations Attributable to Common Shareholders (\u201cNormalized FFO\u201d), was $21.5 million or $0.25 per diluted share for the quarter ended June 30, 2026, as compared to $19.5 million or $0.23 per diluted share for the quarter ended June 30, 2025, representing an 11% increase and by a 9% increase on a per diluted share basis. <\/p>\n

A summary of significant financial information for the three and six months ended June 30, 2026 and 2025 is as follows (in thousands except per share amounts)<\/i>:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n\n\nFor the Three Months Ended<\/b><\/td>\n<\/tr>\n
\n\n\nJune 30,<\/b><\/td>\n<\/tr>\n
\n\n\n2026<\/b><\/td>\n\n\n2025<\/b><\/td>\n<\/tr>\n
\n\n\n\n\n\n<\/tr>\n
\nTotal Income<\/td>\n$<\/td>\n71,640<\/td>\n\n$<\/td>\n66,643<\/td>\n<\/tr>\n
\nTotal Expenses<\/td>\n$<\/td>\n58,189<\/td>\n\n$<\/td>\n54,013<\/td>\n<\/tr>\n
\nNet Income Attributable to Common Shareholders<\/td>\n$<\/td>\n4,419<\/td>\n\n$<\/td>\n2,532<\/td>\n<\/tr>\n
\nNet Income Attributable to Common Shareholders
per Diluted Common Share<\/td>\n		\n

$<\/td>\n

\n

0.05<\/td>\n

\n\n

$<\/td>\n

\n

0.03<\/td>\n<\/tr>\n

\nFFO (1)<\/sup><\/td>\n$<\/td>\n19,659<\/td>\n\n$<\/td>\n18,703<\/td>\n<\/tr>\n
\nFFO (1)<\/sup> per Diluted Common Share<\/td>\n$<\/td>\n0.23<\/td>\n\n$<\/td>\n0.22<\/td>\n<\/tr>\n
\nNormalized FFO (1)<\/sup><\/td>\n$<\/td>\n21,517<\/td>\n\n$<\/td>\n19,452<\/td>\n<\/tr>\n
\nNormalized FFO (1)<\/sup> per Diluted Common Share<\/td>\n$<\/td>\n0.25<\/td>\n\n$<\/td>\n0.23<\/td>\n<\/tr>\n
\nBasic Weighted Average Shares Outstanding<\/td>\n\n85,201<\/td>\n\n\n83,974<\/td>\n<\/tr>\n
\nDiluted Weighted Average Shares Outstanding<\/td>\n\n85,581<\/td>\n\n\n84,779<\/td>\n<\/tr>\n
\n\n\n\n\n\n<\/tr>\n<\/table>\n

<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n\n\nSix Months Ended<\/b><\/td>\n<\/tr>\n
\n\n\nJune 30,<\/b><\/td>\n<\/tr>\n
\n\n\n2026<\/b><\/td>\n\n\n2025<\/b><\/td>\n<\/tr>\n
\n\n\n\n\n\n<\/tr>\n
\nTotal Income<\/td>\n$<\/td>\n137,478<\/td>\n\n$<\/td>\n127,868<\/td>\n<\/tr>\n
\nTotal Expenses<\/td>\n$<\/td>\n112,512<\/td>\n\n$<\/td>\n105,664<\/td>\n<\/tr>\n
\nNet Income Attributable to Common Shareholders<\/td>\n$<\/td>\n6,999<\/td>\n\n$<\/td>\n2,261<\/td>\n<\/tr>\n
\nNet Income Attributable to Common Shareholders
per Diluted Common Share<\/td>\n		\n

$<\/td>\n

\n

0.08<\/td>\n

\n\n

$<\/td>\n

\n

0.03<\/td>\n<\/tr>\n

\nFFO (1)<\/sup><\/td>\n$<\/td>\n37,799<\/td>\n\n$<\/td>\n36,875<\/td>\n<\/tr>\n
\nFFO (1)<\/sup> per Diluted Common Share<\/td>\n$<\/td>\n0.44<\/td>\n\n$<\/td>\n0.44<\/td>\n<\/tr>\n
\nNormalized FFO (1)<\/sup><\/td>\n$<\/td>\n40,873<\/td>\n\n$<\/td>\n38,272<\/td>\n<\/tr>\n
\nNormalized FFO (1)<\/sup> per Diluted Common Share<\/td>\n$<\/td>\n0.48<\/td>\n\n$<\/td>\n0.46<\/td>\n<\/tr>\n
\nBasic Weighted Average Shares Outstanding<\/td>\n\n85,094<\/td>\n\n\n83,233<\/td>\n<\/tr>\n
\nDiluted Weighted Average Shares Outstanding<\/td>\n\n85,478<\/td>\n\n\n84,051<\/td>\n<\/tr>\n<\/table>\n

A summary of significant balance sheet information as of June 30, 2026 and December 31, 2025 is as follows (in thousands)<\/i>:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
\nJune 30, <\/b>2026<\/b><\/td>\n\nDecember 31, 2025<\/b><\/td>\n<\/tr>\n
\n\n\n<\/tr>\n
Gross Real Estate Investments<\/td>\n$<\/td>\n1,921,158<\/td>\n\n$<\/td>\n1,869,390<\/td>\n<\/tr>\n
Marketable Securities at Fair Value<\/td>\n$<\/td>\n29,665<\/td>\n\n$<\/td>\n23,758<\/td>\n<\/tr>\n
Total Assets<\/td>\n$<\/td>\n1,712,923<\/td>\n\n$<\/td>\n1,699,036<\/td>\n<\/tr>\n
Mortgages Payable, net<\/td>\n$<\/td>\n545,374<\/td>\n\n$<\/td>\n556,129<\/td>\n<\/tr>\n
Loans Payable, net<\/td>\n$<\/td>\n65,777<\/td>\n\n$<\/td>\n27,696<\/td>\n<\/tr>\n
Series A Bond Payable, net<\/td>\n$<\/td>\n102,175<\/td>\n\n$<\/td>\n101,751<\/td>\n<\/tr>\n
Series B Bond Payable, net<\/td>\n$<\/td>\n76,160<\/td>\n\n$<\/td>\n75,651<\/td>\n<\/tr>\n
Total Shareholders\u2019 Equity<\/td>\n$<\/td>\n891,888<\/td>\n\n$<\/td>\n907,196<\/td>\n<\/tr>\n<\/table>\n

Samuel A. Landy, President and CEO, commented on the results of the second quarter of 2026.<\/p>\n

\u201cWe are pleased to announce another solid quarter of operating results. During the quarter, we:<\/p>\n