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StocksUpdated×2•Originally published 1 May 2026•Updated 1 May 2026•

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UMH Properties Reports 8% Income Growth in Q1 2026 and Adjusts Full-Year Guidance

Key Facts

1UMH Properties reported an 8% increase in total income to $65.8 million for the first quarter of 2026.

2Funds from Operations (FFO) remained stable at $0.21 per diluted share, while normalized FFO rose to $0.23.

3The company tightened its full-year 2026 normalized FFO guidance to a range of $0.98 to $1.04 per diluted share.

UMH Properties reported strong financial results for the first quarter of 2026, with earnings per share (EPS) of $0.03 beating the $0.01 analyst estimate. Revenue reached $65.84 million, surpassing the projected $59.35 million and marking an 8% increase in total income. Notably, this quarter represents the company's first beat on Funds from Operations (FFO) estimates in four quarters, with FFO coming in at $0.21 per share. The company successfully returned to profitability with a net income of $2.6 million, supported by Community Net Operating Income (NOI) rising to $34.2 million. Consequently, UMH adjusted its full-year 2026 normalized FFO guidance to a range of $0.98 to $1.04 per share, underscoring its ability to outperform market expectations despite macroeconomic pressures.

about 1 month ago

Version History

Version 2about 1 month ago

What changed: Updated the story to include the company's beat on EPS and revenue estimates, and noted that this marks the first FFO estimate beat in four quarters.

Version 1about 1 month ago

What changed: The story was updated to include the return to net profitability and specific figures for Net Operating Income (NOI) and operating cash flow.