It is common for media to do a look back at the year that was. In the publicly traded markets, MHProNews, decided to apply that concept to the stocks connected with Manufactured Housing.
In alphabetical order, we showed the MH-related stocks we cover daily, with the first quoted number reflecting that stock's value on Jan. 1. 2015. The second quoted number represents that stock's value on Dec. 31, 2015.
Keep in mind that the stock markets overall reported their worst year in 2015, since 2008, per CNN Money and other sources. We note if that stock is down or up for the year in parenthesis.
Affiliated Managers Group, Inc. (NYSE: AMG) $210.43 - $159.76 (down).
Berkshire Hathaway Inc. (NYSE:BRK.A) $223,600.00 – $197,800.00 (down).
Carlyle Group(NASDAQ:CG) $28.18 – $15.62 (down).
Cavco Industries, Inc. (NASDAQ:CVCO) $77.75 – $83.31 (up).
Deer Valley Corporation (OTCMKTS:DVLY) $0.600 — $0.69 (up).
Drew Industries, Inc. (NYSE:DW) $49.97 – $60.89 (up).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $52.36 – $66.67 (up).
Killam Properties Inc. (TSE:KMP) $10.31–$10.51 9 (up).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.0100 – $0.02 (up).
Louisiana-Pacific Corporation (NYSE:LPX) $16.54–$18.01 (up).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.00 – $12.01 (up).
Patrick Industries, Inc. (NASDAQ:PATK) $43.79–$43.50 (down).
Skyline Corporation (NYSEMKT:SKY) $3.82 – $3.56 (down).
Sun Communities Inc. (NYSE:SUI) $61.51–$68.53 (up).
Third Avenue Value Instl (OTCMKTS:TAVFX) $56.68 – $48.05 (down).
UMH Properties, Inc. (NYSE:UMH) $9.60–$10.12 (up).
Universal Forest Products, Inc. (NASDAQ:UFPI) $52.37 – $68.37 (up).
The most notable changes are the increases in value of Drew, Equity LifeStyle Properties, and Universal Forest Products.
Drop in value notables include Affiliated Managers Group, Berkshire Hathaway, Carlyle Group, and Third Avenue Value Instl.
Three of the U.S. based MHC REITs ELS, SUN and UMH – were up.
We also track the Yahoo! Finance Manufactured Housing Composite Value (MHCV), which stood at Manufactured Housing Composite Value (MHCV): 584.5 on January 2, 2015, and fell on Thursday, December 31st, 2015 by -3.13 percent to end the year at $1130.
Given the overall drop of the broader markets, it seems that manufactured housing is fairing well. ##
(Image credit: CNNMoney)
by Matthew Silver