Flagship Communities Real Estate Investment Trust (MHCUF)
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]
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 StatementsNews

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...

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...

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...

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...

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 “...

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...

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...

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 ...

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...

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...

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...

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 ...

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...

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...

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...

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...

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...

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.

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...

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...

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...

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...

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...

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...

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) (...