UMH Properties Reports Revenue Growth in Q4 and Full Year

UMH Properties shows positive momentum with Q4 gross home sales revenue up 9%. The company projects further growth through increased rent and new rental home investments in 2025.

Date: 06-01-2025

AI Rating: 7

Revenue Growth: UMH Properties reported a strong performance in gross home sales revenue for both the fourth quarter and the year. In Q4, the revenue reached $8.4 million, marking a robust 9% increase from $7.7 million the previous year. For the entire year, gross home sales were up to $32.6 million from $31.2 million, reflecting a 4% growth. This consistent revenue growth is a positive indicator of the company's operational strength and demand for its offerings.

Future Projections: Looking ahead to 2025, UMH has plans to implement a 5% annual rent increase and invest in 800 new rental homes. This strategic move aims to enhance revenue, suggesting a focus on growth and expansion in its rental portfolio.

Stocks: UMH