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UMH Properties (UMH) Q1 FFO Meet Estimates
UMH PropertiesUMH Properties(US:UMH) ZACKSยท2025-05-01 23:30

Financial Performance - UMH Properties reported quarterly funds from operations (FFO) of $0.23 per share, matching the Zacks Consensus Estimate and showing an increase from $0.22 per share a year ago [1] - The company posted revenues of $61.23 million for the quarter ended March 2025, which was 2.26% below the Zacks Consensus Estimate, but an increase from $57.68 million year-over-year [2] - The current consensus FFO estimate for the upcoming quarter is $0.25, with projected revenues of $65.37 million, and for the current fiscal year, the estimate is $1 on revenues of $262.5 million [7] Market Performance - UMH shares have declined approximately 6.4% since the beginning of the year, compared to a decline of 5.3% for the S&P 500 [3] - The Zacks Rank for UMH is currently 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Industry Outlook - The REIT and Equity Trust - Residential industry, to which UMH belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in estimate revisions, which could impact UMH's stock performance [5]