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

Last Price

CA$20.75

Market Cap

CA$437.4m

7D

0%

1Y

-22.6%

Updated

28 Feb, 2024

Data

Company Financials +

Flagship Communities Real Estate Investment Trust

TSX:MHC.UN Stock Report

Market Cap: CA$437.4m

MHC.UN Stock Overview

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.

MHC.UN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance0/6
Financial Health0/6
Dividends3/6

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$20.75
52 Week HighCA$26.82
52 Week LowCA$19.76
Beta0
1 Month Change-2.35%
3 Month Change1.27%
1 Year Change-22.63%
3 Year Changen/a
5 Year Changen/a
Change since IPO-1.19%

Recent News & Updates

Recent updates

Shareholder Returns

MHC.UNCA Residential REITsCA Market
7D0%-0.5%0.7%
1Y-22.6%1.7%2.8%

Return vs Industry: MHC.UN underperformed the Canadian Residential REITs industry which returned 0.5% over the past year.

Return vs Market: MHC.UN underperformed the Canadian Market which returned 3% over the past year.

Price Volatility

Is MHC.UN's price volatile compared to industry and market?
MHC.UN volatility
MHC.UN Average Weekly Movement6.0%
Residential REITs Industry Average Movement3.8%
Market Average Movement8.5%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market3.2%

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

Volatility Over Time: MHC.UN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020n/aKurt Keeneyhttps://flagshipcommunities.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.UN fundamental statistics
Market capCA$437.40m
Earnings (TTM)CA$89.17m
Revenue (TTM)CA$92.00m

3.6x

P/E Ratio

3.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MHC.UN income statement (TTM)
RevenueUS$67.99m
Cost of RevenueUS$23.15m
Gross ProfitUS$44.85m
Other Expenses-US$21.06m
EarningsUS$65.90m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Mar 14, 2024

Earnings per share (EPS)4.25
Gross Margin65.96%
Net Profit Margin96.93%
Debt/Equity Ratio100.4%

How did MHC.UN perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

35%

Payout Ratio

Does MHC.UN pay a reliable dividends?

See MHC.UN dividend history and benchmarks
When do you need to buy MHC.UN by to receive an upcoming dividend?
Flagship Communities Real Estate Investment Trust dividend dates
Ex Dividend DateFeb 28 2024
Dividend Pay DateMar 15 2024
Days until Ex dividend1 day
Days until Dividend pay date15 days

Does MHC.UN pay a reliable dividends?

See MHC.UN dividend history and benchmarks
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