Flagship Communities Real Estate Investment Trust (MHCUF)

OTCMKTS · Delayed Price · Currency is USD
16.41
0.00 (0.02%)
Apr 25, 2025, 4:00 PM EDT
9.06%
Market Cap 323.41M
Revenue (ttm) 88.13M
Net Income (ttm) 103.52M
Shares Out n/a
EPS (ttm) 4.34
PE Ratio 3.12
Forward PE n/a
Dividend 0.61 (3.70%)
Ex-Dividend Date Apr 30, 2025
Volume 200
Average Volume 2,923
Open 16.01
Previous Close 16.41
Day's Range 16.01 - 16.41
52-Week Range 13.13 - 17.59
Beta 0.32
RSI 55.08
Earnings Date May 7, 2025

About MHCUF

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. [Read more]

Sector Real Estate
Founded 2020
Country Canada
Stock Exchange OTCMKTS
Ticker Symbol MHCUF
Full Company Profile

Financial Performance

In 2024, MHCUF's revenue was $88.13 million, an increase of 24.04% compared to the previous year's $71.05 million. Earnings were $103.52 million, an increase of 59.02%.

Financial Statements

News

Flagship Communities Real Estate Investment Trust Announces April 2025 Cash Distribution

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MH...

12 days ago - GlobeNewsWire

Flagship Communities Real Estate Investment Trust to Host Conference Call for First Quarter 2025 Results

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, April 14, 2025 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX:MH...

13 days ago - GlobeNewsWire

Massive Disconnect Between Price And Value In Flagship

We estimate Flagship Communities (MHC.UN) fair value at $23, representing a 50% upside from its current 12X AFFO multiple. The company demonstrated strong performance in its 4Q24 earnings report, with...

5 weeks ago - Seeking Alpha

Flagship Communities Real Estate Investment Trust (MHCUF) Q4 2024 Earnings Call Transcript

Flagship Communities Real Estate Investment Trust (OTCPK:MHCUF) Q4 2024 Earnings Conference Call March 13, 2025 8:30 AM ET Company Participants Kurt Keeney - President and Chief Executive Officer Nath...

6 weeks ago - Seeking Alpha

Flagship Communities Real Estate Investment Trust Announces Fourth Quarter and Full Year 2024 Results

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, March 12, 2025 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “...

6 weeks ago - GlobeNewsWire

Flagship Communities Real Estate Investment Trust to Host Conference Call for Fourth Quarter 2024 Results

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX:MHC...

2 months ago - GlobeNewsWire

Flagship Communities Real Estate Investment Trust Announces January 2025 Cash Distribution

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC...

3 months ago - GlobeNewsWire

Flagship Communities REIT: Up +10% And Still A Buy

Flagship Communities REIT remains an attractively priced and fast-growing REIT, with a conservative balance sheet and significant margin of safety. The portfolio saw broad-based occupancy gains, with ...

4 months ago - Seeking Alpha

Flagship Communities Real Estate Investment Trust Announces December 2024 Cash Distribution

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC...

4 months ago - GlobeNewsWire

Sector Spotlight: Manufactured Housing REITs

Despite high employment and wage growth, demand for affordable housing is at an all-time high, making MHC REITs a compelling investment. The four MHC REITs (ELS, MHCUF, SUI, UMH) show varied YTD retur...

5 months ago - Seeking Alpha

Flagship Communities Real Estate Investment Trust Announces November 2024 Cash Distribution

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC...

5 months ago - GlobeNewsWire

Flagship Communities Real Estate Investment Trust (MHCUF) Q3 2024 Earnings Call Transcript

Flagship Communities Real Estate Investment Trust (OTCPK:MHCUF) Q3 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Kurtis Keeney - Chief Executive Officer Nathan Smith ...

5 months ago - Seeking Alpha

Flagship Communities Real Estate Investment Trust Announces Appointments of Two Members to its Board of Trustees

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX:MHC...

5 months ago - GlobeNewsWire

Flagship Communities Real Estate Investment Trust Announces Third Quarter 2024 Results

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “R...

5 months ago - GlobeNewsWire

These REITs Trade At Premiums, But Should They?

REIT sectors are often mispriced due to broad-brush analysis; individual property types react differently to economic news, creating investment opportunities. Industrial REITs face weakened fundamenta...

6 months ago - Seeking Alpha

Flagship Communities Real Estate Investment Trust to Host Conference Call for Third Quarter 2024 Results

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX:MHC...

6 months ago - GlobeNewsWire

Flagship Communities Real Estate Investment Trust Announces Cash Distribution Increase

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “R...

7 months ago - GlobeNewsWire

Flagship Communities Real Estate Investment Trust Announces September 2024 Cash Distribution

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Sept.

7 months ago - GlobeNewsWire

A Lucrative Cure To The Affordable Housing Crisis: Flagship Communities

Manufactured housing REITs are experiencing high demand due to the affordable housing crisis. Flagship's low multiple of 13.8x AFFO is attributed to its small size and Canadian listing, despite strong...

8 months ago - Seeking Alpha

Flagship Communities: Still Our Flagship Residential Holding

Flagship is attractively priced with high growth potential in the attractive MHC market. Recent acquisitions have driven strong growth while maintaining a conservative balance sheet. Despite short-ter...

8 months ago - Seeking Alpha

Flagship Communities Real Estate Investment Trust Announces August 2024 Cash Distribution

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC...

9 months ago - GlobeNewsWire

Flagship Communities Real Estate Investment Trust (MHCUF) Q2 2024 Earnings Call Transcript

Flagship Communities Real Estate Investment Trust (OTCPK:MHCUF) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Kurtis Keeney - Chief Executive Officer Nathan Smith - C...

9 months ago - Seeking Alpha

Flagship Communities Real Estate Investment Trust Announces Second Quarter 2024 Results

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “R...

9 months ago - GlobeNewsWire

Flagship Communities Real Estate Investment Trust Announces July 2024 Cash Distribution

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, July 15, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC...

10 months ago - GlobeNewsWire

Flagship Communities Real Estate Investment Trust to Host Conference Call for Second Quarter 2024 Results

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, July 08, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (TSX:MHC.U; MHC.UN) (...

10 months ago - GlobeNewsWire