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Property Management
I believe the company you're referring to is HomeFeds Capital Corporation, which trades on the NASDAQ stock exchange under the ticker symbol "HF."
HomeFeds Capital Corporation is a real estate investment trust (REIT) that focuses on the acquisition, management, and redevelopment of manufactured housing communities in the United States. As of December 31, 2021, the company owned and operated 59 manufactured housing communities in 11 states, comprising approximately 13,000 home sites.
In terms of financial performance, here are some key metrics for HomeFeds Capital Corporation:
* Revenue: For the year ended December 31, 2021, HomeFeds Capital Corporation reported total revenues of $73.3 million, up from $65.2 million in the prior year.
* Net Income: The company's net income for the year ended December 31, 2021, was $15.2 million, up from $13.9 million in the prior year.
* Earnings Per Share (EPS): For the year ended December 31, 2021, HomeFeds Capital Corporation reported EPS of $1.74, up from $1.59 in the prior year.
* Dividend Yield: As of March 31, 2023, the company's dividend yield was approximately 3.0%.
Regarding growth, HomeFeds Capital Corporation has been actively acquiring and upgrading manufactured housing communities to drive revenue and earnings growth. Additionally, the company has been exploring opportunities to expand into new markets and product types.
Overall, HomeFeds Capital Corporation has demonstrated consistent revenue and earnings growth in recent years, driven by its focus on the manufactured housing industry and a disciplined approach to acquisitions and redevelopment. As a REIT, the company also pays out a significant portion of its earnings as dividends to shareholders, making it an attractive investment for income-focused investors.