company background image
MHC.U logo

Flagship Communities Real Estate Investment Trust TSX:MHC.U Stock Report

Last Price

US$15.20

Market Cap

US$356.2m

7D

0.7%

1Y

-3.6%

Updated

11 Sep, 2024

Data

Company Financials +

Flagship Communities Real Estate Investment Trust

TSX:MHC.U Stock Report

Market Cap: US$356.2m

Flagship Communities Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Flagship Communities Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$15.20
52 Week HighCA$17.33
52 Week LowCA$13.02
Beta0.28
11 Month Change9.08%
3 Month Change8.57%
1 Year Change-3.61%
33 Year Change-16.25%
5 Year Changen/a
Change since IPO-1.17%

Recent News & Updates

Recent updates

Shareholder Returns

MHC.UCA Residential REITsCA Market
7D0.7%1.8%-0.2%
1Y-3.6%13.1%12.5%

Return vs Industry: MHC.U underperformed the Canadian Residential REITs industry which returned 13.1% over the past year.

Return vs Market: MHC.U underperformed the Canadian Market which returned 12.5% over the past year.

Price Volatility

Is MHC.U's price volatile compared to industry and market?
MHC.U volatility
MHC.U Average Weekly Movement3.1%
Residential REITs Industry Average Movement2.9%
Market Average Movement7.9%
10% most volatile stocks in CA Market16.9%
10% least volatile stocks in CA Market3.0%

Stable Share Price: MHC.U has not had significant price volatility in the past 3 months.

Volatility Over Time: MHC.U's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020n/aKurt Keeneyflagshipcommunities.com

Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.

Flagship Communities Real Estate Investment Trust Fundamentals Summary

How do Flagship Communities Real Estate Investment Trust's earnings and revenue compare to its market cap?
MHC.U fundamental statistics
Market capUS$356.22m
Earnings (TTM)US$82.07m
Revenue (TTM)US$78.07m

3.6x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MHC.U income statement (TTM)
RevenueUS$78.07m
Cost of RevenueUS$26.45m
Gross ProfitUS$51.62m
Other Expenses-US$30.45m
EarningsUS$82.07m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.23
Gross Margin66.12%
Net Profit Margin105.13%
Debt/Equity Ratio91.1%

How did MHC.U perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

38%

Payout Ratio