Manufactured Housing Properties Inc.

Manufactured Housing Properties Inc.

MHPC
Manufactured Housing Properties Inc.US flagOther OTC
0.00
USD
- -
- -
4,997.00Market Cap
2008 Y
2009 Y
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
681.15
394.34
59.32
67.44
64.15
3.3
2.77
0.13
0.2
0.24
0.49
0.64
1.11
1.35
Basic EPS, GAAP
-177.58
-85.65
-4.92
60.84
-17.42
-1.89
-2.34
-0.1
-0.13
-0.18
-0.19
-0.25
-0.78
-0.74
Free Cash Flow per Basic Share
9.43
-38.45
-13.81
1.51
-7.9
-0.92
-1.72
-0.03
- -
-0.07
0.1
0.17
- -
-0.05
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
0.06
0.07
0.08
0.08
Book Value per Share
-204.47
-288.22
-293.14
-232.31
-249.73
-14.69
-16.56
-0.08
-0.17
-0.28
-0.27
-0.35
-0.97
-1.43
Tangible Book Value per Share
4.52
-38.76
-41.27
59.01
41.59
1.83
1.06
0.03
-0.09
-0.9
-1.32
-0.67
-1.53
-2.15
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
1
1
5
10
13
13
13
13
13
Sales/Revenue/Turnover
30
17
3
3
3
3
2
1
2
3
6
8
14
17
Operating Margin (%)
-4.97
-8.37
-35.42
-26.28
-36.37
-14.99
-98.52
10.3
-12.04
-3.75
23.71
7.8
1.71
0.53
Depreciation Expense
1
1
1
- -
1
- -
1
- -
1
1
2
2
3
4
Net Income, GAAP
-8
-4
- -
3
-1
-2
-2
-1
-1
-2
-1
-1
-8
-7
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-26.07
-21.72
-8.3
90.21
-27.15
-57.28
-84.34
-73.37
-64.81
-63.59
-9.46
-13.05
-55.26
-42.24
Working Capital
- -
-6
-6
-3
-3
-3
-4
- -
- -
3
-2
-6
2
-4
LT Debt
7
- -
- -
- -
- -
- -
- -
12
13
32
31
51
78
89
Total Equity
4
- -
- -
3
2
2
1
- -
-1
-3
-5
-9
-20
-28
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
8
7
7
LT Borrowings
83
89
89
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
16
- -
Shares Outstanding
12
12
12
Market Capitalization
13
13
14

Working Capital

FRC

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
11
7
8
Cash, Cash Equivalents & STI
6
2
2
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
10
11
12
Payables & Accruals
3
4
4
ST Debt
8
7
7
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-149.33%
-64.19%
125.59%
Free Cash Flow
-347.2%
-571.5%
-102.75%
Net Income, GAAP
-56.95%
167.9%
614.5%
Sales/Revenue/Turnover
37.06%
89.99%
68.75%
Total Cash Common Dividend
- -
- -
-2.29%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
2
2
2
3
8
2022
3
3
4
4
14
2023
4
4
5
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-0.07
-0.06
-0.01
- -
-0.25
2022
-0.09
-0.13
-0.41
- -
-0.78
2023
-0.19
-0.2
-0.2
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.02
0.02
0.02
- -
0.07
2022
0.02
0.02
0.02
- -
0.08
2023
0.02
0.02
0.02
- -
- -

Company Description

APIChat
CEO
Raymond Gee
Full Time Employees
58
Sector
Real Estate
Industry
Real Estate - Services
Address
136 Main Street Pineville NC United States of America 28134
IPO Date
Nov 30, 2005
Business
Manufactured Housing Properties Inc. (OTC: MHPC) is a publicly traded, full-service, vertically integrated owner and operator of manufactured housing communities that acquires, owns, and manages properties providing non-subsidized affordable housing to residents across the Southeastern United States. The company leases manufactured home sites to tenants owning their homes and rents company-owned manufactured homes; its portfolio comprises developed sites in communities located primarily in Georgia, North Carolina, South Carolina, and Tennessee, totaling approximately 57 communities with 2,747 home sites as of early 2023. Founded in 2016 and headquartered at 136 Main Street in Pineville, North Carolina, Manufactured Housing Properties Inc. focuses on delivering housing value through operational improvements and resident services in the real estate sector. In recent developments, the company acquired five new communities in January 2023, including Country Aire and Merritt Place in South Carolina and the Wake Forest portfolio, for an aggregate $12.9 million to expand its Southeastern footprint; it also refinanced 42 communities with Fannie Mae financing and added three additional properties to its portfolio in 2022, alongside ongoing infrastructure enhancements and revenue growth initiatives.

Company News

APIChat
  • Manufactured Housing: Recession-Resistant REITs

  • Manufactured Housing Properties Inc. Refinances 42 Communities With Fnma and Adds Three Communities to Its Portfolio

  • Manufactured Housing Properties Inc. Announces Results for the Three and Six Months Ended June 30, 2021

  • MANUFACTURED HOUSING PROPERTIES INC. ANNOUNCES RESULTS FOR THE QUARTER ENDED MARCH 31, 2021

  • MANUFACTURED HOUSING PROPERTIES INC. ACQUIRES GOLDEN ISLES MANUFACTURED HOUSING COMMUNITY

  • 3 Overlooked REIT Preferred Stock Options Offering Double-Digit Return Potential