What is Flagship Communities Real Estate Investment Trust's stock price target for 2024?

6 brokers have issued 1-year price objectives for Flagship Communities Real Estate Investment Trust's stock. Their MHC.UN share price targets range from C$19.00 to C$20.00. On average, they expect the company's share price to reach C$19.58 in the next twelve months. This suggests that the stock has a possible downside of 5.3%. View analysts price targets for MHC.UN or view top-rated stocks among Wall Street analysts .

How have MHC.UN shares performed in 2024?

Flagship Communities Real Estate Investment Trust's stock was trading at C$20.92 at the beginning of 2024. Since then, MHC.UN shares have decreased by 1.1% and is now trading at C$20.69. View the best growth stocks for 2024 here .

Is Flagship Communities Real Estate Investment Trust a good dividend stock?

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) pays an annual dividend of C$0.79 per share and currently has a dividend yield of 3.85%. The dividend payout ratio is 18.72%. This payout ratio is at a healthy, sustainable level, below 75%.

How do I buy shares of Flagship Communities Real Estate Investment Trust?

Shares of MHC.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:MHC.UN

Flagship Communities Real Estate Investment Trust (MHC.UN) Stock Price, News & Analysis

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C$20.69

+0.08 (+0.39%)

(As of 10:04 AM ET)

Compare

Today's Range: C$20.69
▼
C$20.69
50-Day Range: C$20.50
▼
C$23.34
52-Week Range: C$19.76
▼
C$23.40

Volume: 100 shs
Average Volume: 1,040 shs
Market Capitalization: C$292.56 million

P/E Ratio: 4.90
Dividend Yield: 3.82%
Price Target: C$19.58

Stock Analysis Analyst Forecasts Chart Competitors Insider Trades

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About Flagship Communities Real Estate Investment Trust

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.

MHC.UN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MHC.UN Stock News Headlines

April 26, 2024 | insidertrades.com

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Louis Marie Forbes Purchases 2,000 Shares

April 28, 2024 | americanbankingnews.com

Analysts Set Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) PT at C$19.58

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Real Estate
Industry: REIT - Residential
Sub-Industry: N/A
Current Symbol: TSE:MHC.UN
CUSIP: N/A
CIK: N/A
Web: flagshipcommunities.com
Phone: 859-568-3390
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$19.58
High Stock Price Target: C$20.00
Low Stock Price Target: C$19.00
Potential Upside/Downside: -5.3%
Consensus Rating: Buy
Rating Score (0-4): 3.17
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$4.22
Trailing P/E Ratio: 4.90
Forward P/E Ratio: 13.92
P/E Growth: N/A
Net Income: C$65.10 million
Net Margins: 91.62%
Pretax Margin: N/A
Return on Equity: 16.40%
Return on Assets: 2.75%

Debt

Debt-to-Equity Ratio: 103.75
Current Ratio: 0.35
Quick Ratio: N/A

Sales & Book Value

Annual Sales: C$71.05 million
Price / Sales: 4.12
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: C$28.15 per share
Price / Book: 0.73

Miscellaneous

Outstanding Shares: 14,140,000
Free Float: N/A
Market Cap: C$292.56 million
Optionable: N/A
Beta: N/A

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Key Executives

Mr. Kurtis Keeney (Age 55)
President, CEO & Trustee
Comp: $616.96k
Mr. Eddie Carlisle
CFO & Secretary
Mr. Nathaniel Smith (Age 51)
Chief Investment Officer & Trustee
Comp: $616.96k

Key Competitors

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Insiders

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MHC.UN Stock Analysis - Frequently Asked Questions

Should I buy or sell Flagship Communities Real Estate Investment Trust stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flagship Communities Real Estate Investment Trust in the last twelve months. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MHC.UN shares.
View MHC.UN analyst ratings or view top-rated stocks.
What is Flagship Communities Real Estate Investment Trust's stock price target for 2024?: 6 brokers have issued 1-year price objectives for Flagship Communities Real Estate Investment Trust's stock. Their MHC.UN share price targets range from C$19.00 to C$20.00. On average, they expect the company's share price to reach C$19.58 in the next twelve months. This suggests that the stock has a possible downside of 5.3%.
View analysts price targets for MHC.UN or view top-rated stocks among Wall Street analysts.
How have MHC.UN shares performed in 2024?: Flagship Communities Real Estate Investment Trust's stock was trading at C$20.92 at the beginning of 2024. Since then, MHC.UN shares have decreased by 1.1% and is now trading at C$20.69.
View the best growth stocks for 2024 here.

Is Flagship Communities Real Estate Investment Trust a good dividend stock?: Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) pays an annual dividend of C$0.79 per share and currently has a dividend yield of 3.85%. The dividend payout ratio is 18.72%. This payout ratio is at a healthy, sustainable level, below 75%.
How do I buy shares of Flagship Communities Real Estate Investment Trust?: Shares of MHC.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:MHC.UN) was last updated on 5/8/2024 by MarketBeat.com Staff

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