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Flagship Communities Real Estate Investment Trust OTCPK:MHCU.F Stock Report

Last Price

US$14.80

Market Cap

US$371.8m

7D

-1.7%

1Y

-7.7%

Updated

05 Jan, 2025

Data

Company Financials +

Flagship Communities Real Estate Investment Trust

OTCPK:MHCU.F Stock Report

Market Cap: US$371.8m

MHCU.F 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. More details

MHCU.F fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends3/6

Rewards

Trading at 49.8% below our estimate of its fair value

Earnings grew by 16.7% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 46% per year for the next 3 years

Interest payments are not well covered by earnings

Shareholders have been diluted in the past year

Unstable dividend track record

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Flagship Communities Real Estate Investment Trust Competitors

UMH Properties

NYSE:UMH

US$1.5b

Sun Communities

NYSE:SUI

US$16.3b

Equity LifeStyle Properties

NYSE:ELS

US$13.6b

American Homes 4 Rent

NYSE:AMH

US$15.7b

Price History & Performance

Summary of share price highs, lows and changes for Flagship Communities Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$14.80
52 Week HighCA$17.26
52 Week LowCA$13.13
Beta0.42
1 Month Change-6.33%
3 Month Change-1.33%
1 Year Change-7.67%
3 Year Change-22.90%
5 Year Changen/a
Change since IPO-1.97%

Recent News & Updates

Recent updates

Shareholder Returns

MHCU.FUS Residential REITsUS Market
7D-1.7%0.09%-0.2%
1Y-7.7%10.5%25.8%

Return vs Industry: MHCU.F underperformed the US Residential REITs industry which returned 10.5% over the past year.

Return vs Market: MHCU.F underperformed the US Market which returned 25.6% over the past year.

Price Volatility

Is MHCU.F's price volatile compared to industry and market?
MHCU.F volatility
MHCU.F Average Weekly Movement2.9%
Residential REITs Industry Average Movement3.1%
Market Average Movement6.4%
10% most volatile stocks in US Market18.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: MHCU.F has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MHCU.F'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?
MHCU.F fundamental statistics
Market capUS$371.75m
Earnings (TTM)US$76.88m
Revenue (TTM)US$83.14m

3.8x

P/E Ratio

3.5x

P/S Ratio

Is MHCU.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MHCU.F 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 MHCU.F perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

37%

Payout Ratio

Does MHCU.F pay a reliable dividends?

See MHCU.F dividend history and benchmarks
When do you need to buy MHCU.F by to receive an upcoming dividend?
Flagship Communities Real Estate Investment Trust dividend dates
Ex Dividend DateDec 31 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend5 days
Days until Dividend pay date10 days

Does MHCU.F pay a reliable dividends?

See MHCU.F dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 09:07
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Flagship Communities Real Estate Investment Trust is covered by 17 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael MarkidisBMO Capital Markets Equity Research
J. ChenBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity