Core Viewpoint - UMH Properties, Inc. reported a solid first quarter of 2025 with increased total income and improved financial metrics, reflecting the strength of its long-term business plan and operational resilience [2][7]. Financial Performance - Total Income for Q1 2025 was $61.2 million, up 6% from $57.7 million in Q1 2024 [2][4]. - Net Loss Attributable to Common Shareholders for Q1 2025 was $271,000 or $0.00 per diluted share, compared to a net loss of $6.3 million or $0.09 per diluted share in Q1 2024 [2][4]. - Funds from Operations (FFO) for Q1 2025 was $18.2 million or $0.22 per diluted share, a 10% increase from $14.0 million or $0.20 per diluted share in Q1 2024 [3][4]. - Normalized FFO for Q1 2025 was $18.8 million or $0.23 per diluted share, up 5% from $15.0 million or $0.22 per diluted share in Q1 2024 [3][4]. Operational Highlights - Same-property occupancy increased by 113 sites from year-end 2024, totaling 94.6% occupancy at the end of Q1 2025 [7]. - The company converted 109 new homes from inventory to revenue-generating rental homes, expanding its rental portfolio to approximately 10,400 homes [7]. - Gross sales revenue for home sales reached $6.7 million, with expectations for growth as the peak selling season approaches [7]. Acquisitions and Growth Strategy - The company acquired two fully occupied communities in New Jersey for approximately $24.6 million, enhancing its portfolio [8]. - Two additional communities in Maryland, containing 191 sites, are under contract for a total purchase price of $14.6 million, expected to close in Q2 2025 [7][8]. Dividend and Shareholder Returns - The annual dividend was increased for the fifth consecutive year to $0.90 per share, reflecting a total increase of $0.18 or 25% over the past five years [7][8]. - The company issued approximately 515,000 shares of common stock, generating gross proceeds of $9.4 million, and approximately 49,000 shares of Series D Preferred Stock, generating gross proceeds of $1.1 million [8]. Full Year Guidance - The company maintains its full-year 2025 guidance for normalized FFO in the range of $0.96-$1.04 per diluted share, with a midpoint expectation of $1.00 per diluted share [7][20].

UMH Properties (UMH) came out with quarterly funds from operations (FFO) of $0.23 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.22 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $0.24 per share when it actually produced FFO of $0.24, delivering no surprise.Over the last four quarters, the company has surpassed consensus FFO estimates just once.UMH, which belong ...

Pebblebrook Hotel (PEB) came out with quarterly funds from operations (FFO) of $0.16 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to FFO of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 23.08%. A quarter ago, it was expected that this hotel investment company would post FFO of $0.12 per share when it actually produced FFO of $0.20, delivering a surprise of 66.67%.Over the last four quart ...

Plymouth Industrial (PLYM) came out with quarterly funds from operations (FFO) of $0.44 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to FFO of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -2.22%. A quarter ago, it was expected that this company would post FFO of $0.46 per share when it actually produced FFO of $0.46, delivering no surprise.Over the last four quarters, the company has su ...

Ryman Hospitality Properties (RHP) came out with quarterly funds from operations (FFO) of $2.08 per share, beating the Zacks Consensus Estimate of $1.79 per share. This compares to FFO of $1.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 16.20%. A quarter ago, it was expected that this hotel and resort real estate investment trust would post FFO of $2.20 per share when it actually produced FFO of $2.15, delivering a surprise of ...

分组1 - Cousins Properties reported quarterly funds from operations (FFO) of $0.74 per share, exceeding the Zacks Consensus Estimate of $0.71 per share, and up from $0.65 per share a year ago, representing an FFO surprise of 4.23% [1] - The company posted revenues of $243.03 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.33%, compared to year-ago revenues of $208.82 million [2] - Over the last four quarters, Cousins Properties has exceeded consensus FFO estimates three times and topped consensus revenue estimates three times [2] 分组2 - The current consensus FFO estimate for the coming quarter is $0.70 on revenues of $243.28 million, and for the current fiscal year, it is $2.79 on revenues of $970.42 million [7] - The estimate revisions trend for Cousins Properties is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - The REIT and Equity Trust - Other industry, to which Cousins Properties belongs, is currently in the bottom 35% of Zacks industries, which may impact stock performance [8]

分组1 - Centerspace reported quarterly funds from operations (FFO) of $1.21 per share, matching the Zacks Consensus Estimate, but down from $1.23 per share a year ago [1] - The company achieved revenues of $67.09 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 0.59% and up from $64.51 million year-over-year [2] - Centerspace has surpassed consensus FFO estimates three times in the last four quarters [1] 分组2 - The stock has underperformed, losing about 8.8% since the beginning of the year compared to the S&P 500's decline of 5.3% [3] - The current consensus FFO estimate for the upcoming quarter is $1.24 on revenues of $67.2 million, and for the current fiscal year, it is $4.93 on revenues of $269.7 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Residential is in the bottom 42% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Core Viewpoint - Elme (ELME) reported quarterly funds from operations (FFO) of $0.24 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, marking a 4.35% surprise [1] Financial Performance - The company achieved revenues of $61.49 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.61% and showing an increase from $59.51 million year-over-year [2] - Over the last four quarters, Elme has exceeded consensus revenue estimates three times [2] Stock Performance and Outlook - Elme shares have increased approximately 2% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [3] - The future performance of Elme's stock will largely depend on management's commentary during the earnings call and the company's FFO outlook [3][4] Estimate Revisions - The current consensus FFO estimate for the upcoming quarter is $0.24 on revenues of $61.6 million, and for the current fiscal year, it is $0.95 on revenues of $247.63 million [7] - The estimate revisions trend for Elme is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The REIT and Equity Trust - Residential industry, to which Elme belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, suggesting potential challenges ahead [8]

分组1 - Healthcare Realty Trust (HR) reported quarterly funds from operations (FFO) of $0.39 per share, matching the Zacks Consensus Estimate, and the same as the previous year [1] - The company posted revenues of $298.98 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.56%, compared to $326.81 million in the same quarter last year [2] - Over the last four quarters, Healthcare Realty Trust has surpassed consensus FFO estimates two times and topped consensus revenue estimates two times [2] 分组2 - The stock has underperformed, losing about 8.4% since the beginning of the year, while the S&P 500 declined by 5.3% [3] - The current consensus FFO estimate for the coming quarter is $0.40 on revenues of $302.85 million, and for the current fiscal year, it is $1.59 on revenues of $1.22 billion [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is currently in the bottom 35% of over 250 Zacks industries, indicating potential challenges for the sector [8]

American Homes 4 Rent (AMH) came out with quarterly funds from operations (FFO) of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to FFO of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 2.22%. A quarter ago, it was expected that this real estate company would post FFO of $0.45 per share when it actually produced FFO of $0.45, delivering no surprise.Over the last four quarters, the co ...