MHC.UN Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 0/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
+ 1 more risk
Flagship Communities Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$19.90 |
| 52 Week High | CA$23.40 |
| 52 Week Low | CA$18.00 |
| Beta | 0.26 |
| 11 Month Change | 6.59% |
| 3 Month Change | -4.74% |
| 1 Year Change | -9.09% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -5.24% |
Recent News & Updates
Recent updates
Shareholder Returns
| MHC.UN | CA Residential REITs | CA Market | |
|---|---|---|---|
| 7D | 2.1% | 2.4% | -0.3% |
| 1Y | -9.1% | 1.8% | 10.9% |
Return vs Industry: MHC.UN underperformed the Canadian Residential REITs industry which returned 1.8% over the past year.
Return vs Market: MHC.UN underperformed the Canadian Market which returned 10.9% over the past year.
Price Volatility
| MHC.UN volatility | |
|---|---|
| MHC.UN Average Weekly Movement | 2.7% |
| Residential REITs Industry Average Movement | 2.8% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 16.7% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: MHC.UN has not had significant price volatility in the past 3 months.
Volatility Over Time: MHC.UN's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2020 | n/a | Kurt Keeney | 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
| MHC.UN fundamental statistics | |
|---|---|
| Market cap | CA$496.69m |
| Earnings (TTM) | CA$83.01m |
| Revenue (TTM) | CA$102.67m |
4.7x
P/E Ratio3.8x
P/S RatioIs MHC.UN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MHC.UN income statement (TTM) | |
|---|---|
| Revenue | US$74.21m |
| Cost of Revenue | US$25.08m |
| Gross Profit | US$49.14m |
| Other Expenses | -US$10.87m |
| Earnings | US$60.01m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Aug 07, 2024
| Earnings per share (EPS) | 3.09 |
| Gross Margin | 66.21% |
| Net Profit Margin | 80.86% |
| Debt/Equity Ratio | 106.4% |
How did MHC.UN perform over the long term?
See historical performance and comparisonDividends
4.7%
Current Dividend Yield38%
Payout RatioDoes MHC.UN pay a reliable dividends?
See MHC.UN dividend history and benchmarks| Flagship Communities Real Estate Investment Trust dividend dates | |
|---|---|
| Ex Dividend Date | Jul 31 2024 |
| Dividend Pay Date | Aug 15 2024 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 19 days |
Does MHC.UN pay a reliable dividends?
See MHC.UN dividend history and benchmarks