UMH UMH PROPERTIES, INC., UMH-PD UMH PROPERTIES, INC. - 10-Q - (2025-11-03)

UMH Properties reported strong operational growth for the nine months ended September 30, 2025, highlighted by a 10% increase in Total Income to $194.8M and Net Income to Common Shareholders surging to $6.47M (vs. $2.44M in 2024), resulting in Basic/Diluted EPS of $0.08. Community NOI grew 10%, supported by a 5.2% rental rate increase and 88.5% occupancy. Pro forma results reflecting recent acquisitions suggest greater common net income accretion.

The Q3 quarterly net income ($4.21M) declined year-over-year due to unfavorable swings in Other Income/Expense and higher interest expenses.

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