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Flagship Communities REIT (MHC.U-T)
TSE:MHC.U
14.26
0.06
(0.42%) 1d
Financials
Technical Analysis
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Flagship Communities REIT, symbol MHC.U-T, has been rated as the top income pick and a pure-play manufactured home communities company with a strong balance sheet. It provides mobile and manufactured housing parks in the US midwest, offering affordable home ownership in a market where real estate is expensive. The company's growth through acquisition and improvement of services and trappings of those acquisitions have led to an increasing yield and low monthly rental fee. With a solid base of residents owning their homes mortgage-free, rising rents, and strong demand, the stock has performed well against REITs and continues to grow free cash flow and dividends.
$15.100
Owned
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.
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.
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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
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 2025-01-14, Flagship Communities REIT (MHC.U-T) stock closed at a price of $14.26.
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.