Morguard Co. (TSE:MRC - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$116.54 and traded as low as C$112.00. Morguard shares last traded at C$112.00, with a volume of 2,193 shares.
Morguard Stock Up 0.6 %
The firm has a market capitalization of C$1.22 billion, a price-to-earnings ratio of 5.98 and a beta of 1.18. The company has a debt-to-equity ratio of 127.16, a current ratio of 0.29 and a quick ratio of 0.13. The stock has a fifty day moving average of C$116.02 and a two-hundred day moving average of C$116.54.
Morguard (TSE:MRC - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported C$0.05 EPS for the quarter. Morguard had a return on equity of 3.72% and a net margin of 17.07%. Sell-side analysts anticipate that Morguard Co. will post 26.1506276 earnings per share for the current year.
Morguard Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.20 dividend. This is an increase from Morguard's previous quarterly dividend of $0.15. This represents a $0.80 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend was Monday, December 16th. Morguard's payout ratio is presently 3.19%.
Morguard Company Profile
(
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Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors.
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