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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
4 Followers
MHC.U Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range― - ―
Previous Close$21.45
Volume9.08K
Average Volume (3M)N/A
Market Cap
$350.24M
Enterprise Value$709.57M
Total Cash (Recent Filing)$17.88M
Total Debt (Recent Filing)$377.20M
Price to Earnings (P/E)―
BetaN/A
Next Earnings
Aug 07, 2024EPS EstimateN/A
Last Dividend Ex-Date
Jun 28, 2024Dividend Yield4.13%
Share Statistics
EPS (TTM)N/A
Shares Outstanding19,402,056
10 Day Avg. Volume19,360
30 Day Avg. VolumeN/A
Standard Deviation0.06
R-Squared0.23
Alpha-0.00213
Financial Highlights & Ratios
Price to Book (P/B)0.44
Price to Sales (P/S)4.50
Price to Cash Flow (P/CF)N/A
P/FCF Ratio13.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.78
Enterprise Value/Gross Profit9.99
Enterprise Value/Ebitda9.39
Forecast
1Y Price Target
$17.87Price Target Upside27.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Flagship Communities REIT Investment Trust News
PremiumCompany Announcements
Flagship Communities REIT Declares July Cash Distribution
PremiumCompany Announcements
Flagship REIT Sets Q2 2024 Results Call
PremiumCompany Announcements
Flagship Communities REIT Announces Q2 Results CallPremiumCompany Announcements
Flagship Communities Announces Cash Distribution
Bulls Say, Bears Say
Bulls Say
Debt ManagementSecuring $74M in new fixed rate debt for a ten year period extends the debt maturity profile and surfaces additional liquidity, with little change in aggregate interest expense.
Financial PerformanceFlagship delivered another quarter of double-digit organic NOI growth and a near double-digit year-over-year increase in FFO/unit.
Occupancy And LeasingThe operational strength of the REIT’s portfolio remains evident in continued improvements in occupancy, which paired with an outsized portfolio-wide rent increase continued to drive strong organic revenue growth.
Bears Say
Debt CostsThe short-term bridge financing carries a relatively elevated interest rate, impacting short-term debt costs.
Equity OfferingDilution from the equity offering and elevated short-term debt costs are expected to reduce cash flow and NAV estimates.
ValuationThe $15.35 deal price is at a material discount to the previous $23.10 NAV/unit estimate and initially dilutive to earnings and NAV/unit.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
0.12% Other Institutional Investors
99.88% 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 07, 2024 which is in 20 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 $0.709 earnings per share for the quarter, beating the consensus estimate of N/A by $0.709.
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 4.13%. 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 $0.709 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
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$17.87 (27.83% Upside)
$17.87 (27.83% Upside)
Blogger Sentiment
Bullish
TSE:MHC.U Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth $100.6K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.57%
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
$17.87
▲(27.83% 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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Camden Property
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Best Analysts Covering MHC.U
1 Year
1 Year Success Rate
5/11 ratings generated profit
1 Year Average Return
+0.04%
reiterated a buy rating 3 months ago
Copying Mark Rothschild's trades and holding each position for 1 Year would result in 45.45% of your transactions generating a profit, with an average return of +0.04% per trade.
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