skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. MHC.UN: How would you rank these three companies from an overall return stand point considering their market caps? [Flagship Communities Real Estate Investment Trust]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: How would you rank these three companies from an overall return stand point considering their market caps? What is expected in growth in balance of 2023 and 2024? How did they do in their last quarterly report? Would you recommend purchasing them at their current price?
Asked by David on July 17, 2023
5i Research Answer:

We would rank MG, MI.UN, MHC,UN

MG is expected to grow earnings by about 25% in 2024 after a 15% or so gain in 2023. Its last quarter was strongly above estimates. MI.UN as a REIT has much lower growth, about -1% in 2023 and 5% in 2024. It narrowly missed estimates last quarter. MHC.UN is similar, with higher growth than MI, about 8% and 7% expected for 23/24. It reported a positive earnings surprise last quarter.