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Stock impact report

UMH Properties Inc (UMH) Reports Growth in Revenue and FFO Amidst Market Challenges [Yahoo! Finance]

UMH Properties, Inc. (UMH) 
Last umh properties, inc. earnings: 3/5 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.umh.com
Company Research Source: Yahoo! Finance
Net Income (Loss) : Net loss attributable to common shareholders was $8.7 million for the year, an improvement from a net loss of $36.3 million in the previous year. Funds from Operations (FFO) : FFO attributable to common shareholders rose to $51.1 million, or $0.80 per diluted share, for the year ended December 31, 2023. Normalized FFO : Increased to $54.5 million, or $0.86 per diluted share, for the year ended December 31, 2023. Dividends : Dividends per common share increased to $0.82 for the year, up from $0.80 in the previous year. Operational Efficiency : Community operating expenses as a percentage of rental and related income decreased, indicating improved operational efficiency. Balance Sheet Strength : Total assets grew to $1.43 billion as of December 31, 2023, from $1.34 billion the previous year. Warning! GuruFocus has detected 5 Warning Signs with UMH. On February 28, 2024, UMH Properties Inc ( NYSE:UMH ) released its 8-K filing , detailing its financial p Show less Read more
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