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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Flagship Communities REIT (MHC.U-T) is a pure-play manufactured home communities company with a strong base of residents who own their homes mortgage-free. The company operates over 60 communities in the US midwest and benefits from low capex. Free cash flow is on the rise due to increasing rents and strong demand, leading to dividend growth. The stock has outperformed other REITs, making it an attractive investment in the fragmented industry.

Consensus
Positive
Valuation
Undervalued
Similar
Equity, EQT
TOP PICK

Top income pick, newest holding. Provides mobile and manufactured housing parks in US. Growth through acquisition, improves services and trappings of those acquisitions. Low monthly rental fee, increased a bit every year. Strong balance sheet. Yield is 4%, payout ratio only 40%.

Provides affordable home ownership when real estate is still expensive.

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PAST TOP PICK
(A Top Pick Jan 31/23, Up 0.7%)

A pure-play manufactured home communities company with over 60 in the US midwest. Most of their residents own their own homes mortgage-free, so the base is solid. Low capex. A fragmented industry. Free cash flow is growing through rising rents and strong demand. They grow their dividend. The stock has performed well against REITs.

0
TOP PICK

Manufactured home communities have been the best sector within real estate along with storage. MHC own 60 communities in the US midwest. Cities aren't issuing new permits to these communities. MHC is consolidating a very fragmented business in the U.S. They can raise rents. Are building parts in those areas, and are raise occupancy in low-occupancy areas. Have been raising the yield to 3.6% currently. Cheaper than other REITs. Great to own long term.

(Analysts’ price target is $19.90)
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PAST TOP PICK
(A Top Pick Sep 20/21, Down 11%) Owns 63 manufactured housing communities in the US midwest. Low capex, stable, no rent control, fragmented. Increasing AFFO and occupancy rate. Inflation- and recession-proof.
0
TOP PICK
A unique and stable asset class. 58 manufactured housing communities. It is a fragmented industry which they are consolidating. (Analysts’ price target is $20.83)
0
BUY
Great, stable, recession-proof business. Unique management team. Based in the US. Great consolidation opportunities. Nice safe holding, potential for long-term, steady growth. Great asset class.
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Flagship Communities REIT(MHC.U-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Flagship Communities REIT is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Flagship Communities REIT(MHC.U-T) Frequently Asked Questions

What is Flagship Communities REIT stock symbol?

Flagship Communities REIT is a Canadian stock, trading under the symbol MHC.U-T on the Toronto Stock Exchange (MHC.U-CT). It is usually referred to as TSX:MHC.U or MHC.U-T

Is Flagship Communities REIT a buy or a sell?

In the last year, 1 stock analyst published opinions about MHC.U-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Flagship Communities REIT.

Is Flagship Communities REIT a good investment or a top pick?

Flagship Communities REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for Flagship Communities REIT.

Why is Flagship Communities REIT stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Flagship Communities REIT worth watching?

1 stock analyst on Stockchase covered Flagship Communities REIT In the last year. It is a trending stock that is worth watching.

What is Flagship Communities REIT stock price?

On 2024-06-24, Flagship Communities REIT (MHC.U-T) stock closed at a price of $13.85.