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Flagship Communities REIT Investment Trust (TSE:MHC.U)
TSX:MHC.U
RESEARCH TOOLSreports
Flagship Communities REIT Investment Trust (MHC.U) Stock Price & Analysis
3 Followers
MHC.U Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range― - ―
Previous Close$21.45
Volume4.62K
Average Volume (3M)N/A
Market Cap
$315.92M
Enterprise Value$667.70M
Total Cash (Recent Filing)$5.92M
Total Debt (Recent Filing)$357.71M
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
Aug 06, 2024EPS EstimateN/A
Last Dividend Ex-Date
Apr 29, 2024Dividend Yield3.82%
Share Statistics
EPS (TTM)N/A
Shares Outstanding19,402,056
10 Day Avg. Volume10,799
30 Day Avg. VolumeN/A
Standard Deviation0.06
R-Squared0.23
Alpha-0.00150
Financial Highlights & Ratios
Price to Book (P/B)0.39
Price to Sales (P/S)4.90
Price to Cash Flow (P/CF)N/A
P/FCF Ratio12.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.81
Enterprise Value/Gross Profit11.36
Enterprise Value/Ebitda8.41
Forecast
1Y Price Target
$17.72Price Target Upside19.33% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Flagship Communities REIT Investment Trust News
PremiumCompany Announcements
Flagship REIT’s Annual Meeting Concludes Successfully
PremiumCompany Announcements
Flagship REIT Reports Strong Q1 Growth and Expansion
PremiumCompany Announcements
Flagship Communities REIT Unveils ESG AchievementsPremiumCompany Announcements
Flagship REIT’s Commitment to Sustainable Living
Bulls Say, Bears Say
Bulls Say
Financial PerformanceFlagship reported another quarter of strong organic NOI growth, with a significant year-over-year increase in FFO per unit, highlighting the company's robust financial health.
Operational StrengthThe REIT's portfolio showcased continued improvements in occupancy and substantial rent increases, setting the stage for sustained organic revenue growth.
Valuation And Investment AppealFlagship trades at a considerable discount to NAV compared to its US peers, combined with a history of stable and predictable cash flows, presenting a compelling investment opportunity.
Bears Say
Equity OfferingThe equity raise and portfolio acquisition come with significant near-term dilution, prompting a reduction in the target price.
Financial PerformanceThe going-in cap rate of 5.6% is below the cap rate implied by the deal price, indicating initial returns may be lower than expected.
Operating ExpensesSame property operating expenses were up due to inflationary pressure on wages, utilities, and greater property taxes.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
0.15% Other Institutional Investors
99.85% Public Companies and
Individual Investors
MHC.U FAQ
What was Flagship Communities REIT Investment Trust’s price range in the past 12 months?
Currently, no data Available
What is Flagship Communities REIT Investment Trust’s market cap?
Currently, no data Available
When is Flagship Communities REIT Investment Trust’s upcoming earnings report date?
Flagship Communities REIT Investment Trust’s upcoming earnings report date is Aug 06, 2024 which is in 84 days.
How were Flagship Communities REIT Investment Trust’s earnings last quarter?
Flagship Communities REIT Investment Trust released its earnings results on May 07, 2024. The company reported $0.708 earnings per share for the quarter, beating the consensus estimate of N/A by $0.708.
Is Flagship Communities REIT Investment Trust overvalued?
According to Wall Street analysts Flagship Communities REIT Investment Trust’s price is currently Undervalued.
Does Flagship Communities REIT Investment Trust pay dividends?
Flagship Communities REIT Investment Trust pays a Monthly dividend of $0.05 which represents an annual dividend yield of 3.82%. See more information on Flagship Communities REIT Investment Trust dividends here
What is Flagship Communities REIT Investment Trust’s EPS estimate?
Flagship Communities REIT Investment Trust’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Flagship Communities REIT Investment Trust have?
Currently, no data Available
What happened to Flagship Communities REIT Investment Trust’s price movement after its last earnings report?
Flagship Communities REIT Investment Trust reported an EPS of $0.708 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 3.155%.
Which hedge fund is a major shareholder of Flagship Communities REIT Investment Trust?
Currently, no hedge funds are holding shares in TSE:MHC.U
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Flagship Communities REIT Investment Trust Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$17.72 (19.33% Upside)
$17.72 (19.33% Upside)
Blogger Sentiment
Bullish
TSE:MHC.U Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth $52.1K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.33%
12-Months-Change
Fundamentals
Return on Equity
14.35%
Trailing 12-Months
Asset Growth
12.41%
Trailing 12-Months
Company Description
Flagship Communities REIT Investment Trust
Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets, all of which are located in The United States. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions.
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MHC.U Company Deck
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MHC.U Earnings Call
Q1 2024
0:00 / 0:00
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MHC.U Stock 12 Month Forecast
Average Price Target
$17.72
▲(19.33% Upside)
Flagship Communities REIT Investment Trust
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Equity Lifestyle
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Equity Residential
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Sun Communities
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Umh
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Best Analysts Covering MHC.U
1 Year
1 Year Success Rate
5/8 ratings generated profit
1 Year Average Return
+0.18%
assigned a buy rating 6 days ago
Copying Himanshu Gupta CFA's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +0.18% per trade.
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