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

Last Price

CA$21.75

Market Cap

CA$537.1m

7D

8.3%

1Y

5.5%

Updated

18 Nov, 2024

Data

Company Financials +

Flagship Communities Real Estate Investment Trust

TSX:MHC.UN Stock Report

Market Cap: CA$537.1m

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$21.75
52 Week HighCA$23.40
52 Week LowCA$18.00
Beta0.28
11 Month Change3.57%
3 Month Change13.58%
1 Year Change5.48%
33 Year Changen/a
5 Year Changen/a
Change since IPO3.57%

Recent News & Updates

Recent updates

Shareholder Returns

MHC.UNCA Residential REITsCA Market
7D8.3%-0.2%-0.7%
1Y5.5%4.5%20.2%

Return vs Industry: MHC.UN exceeded the Canadian Residential REITs industry which returned 4.5% over the past year.

Return vs Market: MHC.UN underperformed the Canadian Market which returned 20.2% over the past year.

Price Volatility

Is MHC.UN's price volatile compared to industry and market?
MHC.UN volatility
MHC.UN Average Weekly Movement2.7%
Residential REITs Industry Average Movement2.8%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: MHC.UN'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.UN fundamental statistics
Market capCA$537.06m
Earnings (TTM)CA$108.32m
Revenue (TTM)CA$117.14m

3.9x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MHC.UN income statement (TTM)
RevenueUS$83.14m
Cost of RevenueUS$28.20m
Gross ProfitUS$54.94m
Other Expenses-US$21.94m
EarningsUS$76.88m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.96
Gross Margin66.08%
Net Profit Margin92.47%
Debt/Equity Ratio89.8%

How did MHC.UN perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

41%

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 DateNov 29 2024
Dividend Pay DateDec 16 2024
Days until Ex dividend10 days
Days until Dividend pay date27 days

Does MHC.UN pay a reliable dividends?

See MHC.UN dividend history and benchmarks