Morguard (MRC) Stock Price, News & Analysis

Company Overview

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. It also acquires, develops, and manages a portfolio of assets comprising multi-suite residential, retail, office, industrial, and hotel properties. The company was formerly known as Acktion Corporation and changed its name to Morguard Corporation in June 2002. The company was incorporated in 2024 and is headquartered in Mississauga, Canada. Morguard Corporation operates as a subsidiary of Paros Enterprises Limited.

Key Stats

• Today's Range: N/A
• 50-Day Range: C$110.35 to C$127.89
• 52-Week Range: N/A
• Volume: 386 shs
• Average Volume: 2,287 shs
• Market Capitalization: C$1.33 billion
• P/E Ratio: 6.55
• Dividend Yield: 0.48%
• Price Target: C$135.00
• Consensus Rating: Hold

Morguard Stock Analysis - MarketRank™

Morguard scored higher than 59% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Morguard has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Morguard has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Morguard is 6.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Morguard is 6.55, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 270.57.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MRC.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Morguard has a dividend yield of 0.48%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Morguard does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Morguard is 3.19%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for MRC.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: N/A

News Sentiment

Morguard has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Morguard this week, compared to 0 articles on an average week.

Search Interest

6 people have searched for MRC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Morguard insiders have not sold or bought any company stock.

Percentage Held by Insiders

72.99% of the stock of Morguard is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 3.36% of the stock of Morguard is held by institutions.

MRC Stock Analysis - Frequently Asked Questions

How were Morguard's earnings last quarter?

Morguard Co. (TSE:MRC) announced its earnings results on Wednesday, August, 7th. The real estate investment trust reported $4.98 earnings per share (EPS) for the quarter. The real estate investment trust earned $278.53 million during the quarter. Morguard had a net margin of 17.07% and a trailing twelve-month return on equity of 3.72%.

How do I buy shares of Morguard?

Shares of MRC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Morguard own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Morguard investors own include Allstate (ALL), Bank of Montreal (BMO), Magna International (MG), Toronto-Dominion Bank (TD), Allied Properties Real Estate Investment Trust (AP.UN), Artis Real Estate Investment Trust Unit (AX.UN) and Boardwalk Real Estate Investment Trust (BEI.UN).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 9/27 Dividend: 9/16/2024
• Dividend Payable: 9/27/2024
• Today: 10/22/2024
• Next Earnings (Estimated): 11/06/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: Real Estate - Diversified
• Sub-Industry: Wholesale
• Current Symbol: TSE:MRC
• CUSIP: N/A
• CIK: N/A
• Web: www.morguard.com
• Phone: +1-905-2813800
• Fax: N/A
• Employees: 2,800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$135.00
• High Stock Price Target: C$135.00
• Low Stock Price Target: C$135.00
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$18.83
• Trailing P/E Ratio: 6.55
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$203.35 million
• Net Margins: 17.07%
• Pretax Margin: N/A
• Return on Equity: 3.72%
• Return on Assets: 2.96%

Debt

• Debt-to-Equity Ratio: 127.16
• Current Ratio: 0.29
• Quick Ratio: 0.13

Sales & Book Value

• Annual Sales: C$1.19 billion
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 8.10
• Book Value: C$381.89 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 10,810,000
• Free Float: N/A
• Market Cap: C$1.33 billion
• Optionable: Not Optionable
• Beta: 1.18