TSE:MRG.UN Morguard North American Residential Real Estate Investment Trust (MRG.UN) Stock Price, News & Analysis C$18.33 +0.07 (+0.38%) (As of 09/9/2024 ET) Add Compare Share Share Today's RangeC$18.25▼C$18.6050-Day RangeC$15.57▼C$18.4952-Week RangeC$13.08▼C$18.72Volume87,369 shsAverage Volume29,144 shsMarket CapitalizationC$680.96 millionP/E Ratio4.85Dividend Yield4.04%Price TargetC$21.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades Get Morguard North American Residential Real Estate Investment Trust alerts: Email Address Morguard North American Residential Real Estate Investment Trust MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside14.6% UpsideC$21.00 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.53Based on 8 Articles This WeekInsider TradingAcquiring SharesC$2.33 M Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.37 out of 5 stars 2.5 Analyst's Opinion Consensus RatingMorguard North American Residential Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageMorguard North American Residential Real Estate Investment Trust has only been the subject of 1 research reports in the past 90 days.Read more about Morguard North American Residential Real Estate Investment Trust's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MRG.UN. Previous Next 2.5 Dividend Strength Dividend LeadershipMorguard North American Residential Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 4.12%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMorguard North American Residential Real Estate Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Morguard North American Residential Real Estate Investment Trust is 19.58%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Morguard North American Residential Real Estate Investment Trust's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MRG.UN. Previous Next 3.1 News and Social Media Coverage News SentimentMorguard North American Residential Real Estate Investment Trust has a news sentiment score of 1.53. 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 0.50 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Morguard North American Residential Real Estate Investment Trust this week, compared to 1 article on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Morguard North American Residential Real Estate Investment Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$2,329,473.00 in company stock and sold C$0.00 in company stock.Percentage Held by Insiders26.05% of the stock of Morguard North American Residential Real Estate Investment Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 5.94% of the stock of Morguard North American Residential Real Estate Investment Trust is held by institutions.Read more about Morguard North American Residential Real Estate Investment Trust's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Morguard North American Residential Real Estate Investment Trust is 4.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Morguard North American Residential Real Estate Investment Trust is 4.85, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 257.48.Price to Book Value per Share RatioMorguard North American Residential Real Estate Investment Trust has a P/B Ratio of 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad NewMarket Health Publishing, LLC.[RFK, Jr.’s Bombshell] Could this upend the ‘24 election?RFK, Jr. has exited the race, blaming relentless "censorship and media control." And if he's right about what's really going on – it doesn’t matter who wins in November—this senior crisis will impact retired Americans in 2024 and beyond. It's urgent that you click here and watch now About Morguard North American Residential Real Estate Investment Trust Stock (TSE:MRG.UN)The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management. The REIT's portfolio is comprised of 13,089 residential suites and 229,500 square feet of commercial area (as of October 24, 2023) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $4.0 billion at September 30, 2023.Read More MRG.UN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRG.UN Stock News HeadlinesSeptember 8 at 7:30 AM | insidertrades.comInsider Buying: Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Purchases 600 Shares of StockAugust 18, 2024 | insidertrades.comSime Armoyan Buys 800 Shares of Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) StockSeptember 9, 2024 | Weiss Ratings (Ad)America dodged a crisis — next time it could be much worseLegendary financial forecaster, Dr. Martin Weiss, has been warning us about it for months … He believes the next incident could lead to people seeing their bank accounts frozen.September 7 at 1:19 AM | americanbankingnews.comMorguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Sets New 1-Year High After Analyst UpgradeSeptember 5, 2024 | americanbankingnews.comMorguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Price Target Raised to C$23.00 at TD SecuritiesSeptember 1, 2024 | americanbankingnews.comMorguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Hits New 12-Month High at $18.30July 26, 2024 | msn.comMy Top 5 Dividend Stocks for Passive Income Investors to Buy in AugustJuly 19, 2024 | msn.comThe Top Canadian REITs to Buy in JulySeptember 9, 2024 | Weiss Ratings (Ad)America dodged a crisis — next time it could be much worseLegendary financial forecaster, Dr. Martin Weiss, has been warning us about it for months … He believes the next incident could lead to people seeing their bank accounts frozen.May 10, 2024 | finance.yahoo.comMorguard North American Residential Real Estate Investment Trust Announces Voting Results from the 2024 Annual Meeting of UnitholdersApril 23, 2024 | morningstar.comMorguard North American Residential Real Estate Investment TrustFebruary 13, 2024 | msn.comMorguard North American Residential REIT reports FY resultsJanuary 16, 2024 | seekingalpha.comMorguard North American Residential Real Estate Investment Trust declares CAD 0.0617 dividendJanuary 11, 2024 | ca.finance.yahoo.comMorguard North American Residential REIT Announces Date of Fourth Quarter 2023 Conference CallJanuary 4, 2024 | theglobeandmail.comClosing Bell: Morguard Na Residential REIT Units flat on Wednesday (MRG-UN)December 29, 2023 | msn.comStart Making Passive Income Immediately With This 5% Dividend StockDecember 15, 2023 | ca.finance.yahoo.comMorguard North American Residential REIT Declares December 2023 Distribution of $0.06167 per UnitOctober 27, 2023 | msn.comThis 5% Dividend Stock Pays Cash Every Month!See More Headlines Receive MRG.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Morguard North American Residential Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE SectorReal Estate Industry REIT - Residential Sub-IndustryN/A Current SymbolTSE:MRG.UN CUSIPN/A CIKN/A Webwww.morguard.com Phone+1-905-2815923FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price TargetC$21.00 High Stock Price TargetC$23.00 Low Stock Price TargetC$19.00 Potential Upside/Downside+14.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.78 Trailing P/E Ratio4.85 Forward P/E Ratio14.48 P/E GrowthN/ANet IncomeC$139.66 million Net Margins40.48% Pretax MarginN/A Return on Equity6.98% Return on Assets2.44% Debt Debt-to-Equity Ratio95.54 Current Ratio0.80 Quick Ratio0.09 Sales & Book Value Annual SalesC$344.99 million Price / Sales1.97 Cash FlowC$0.67 per share Price / Cash Flow27.19 Book ValueC$52.18 per share Price / Book0.35Miscellaneous Outstanding Shares37,150,000Free FloatN/AMarket CapC$680.96 million OptionableNot Optionable Beta1.20 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for September 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Kuldip Rai Sahi FCA (Age 77)FCGA, FCPA, Chairman & CEO Comp: $617.69kMr. Christopher A. NewmanChief Financial OfficerMs. Beverley Gail Flynn L.L.B.Senior VP, General Counsel & SecretaryMr. Paul Miatello CA (Age 54)CPA, Senior Vice President Mr. John TalanoSenior Vice President of U.S. OperationsMs. Angela Sahi CPASenior Vice PresidentMore ExecutivesKey CompetitorsNorthview Apartment REITTSE:NVU.UNKillam Apartment REITTSE:KMP.UNInterRent Real Estate Investment TrustTSE:IIP.UNPure Multi-Family REITTSE:RUF.UNMinto Apartment Real Estate Invt TrustTSE:MI.UNView All CompetitorsInsidersSime ArmoyanBought 600 shares on 9/5/2024Total: C$67,200.00 ($112.00/share)Sime ArmoyanBought 800 shares on 8/13/2024Total: C$87,970.96 ($109.96/share)Sime ArmoyanBought 200 shares on 8/2/2024Total: C$22,200.00 ($111.00/share)Sime ArmoyanBought 400 shares on 7/9/2024Total: C$44,152.00 ($110.38/share)Sime ArmoyanBought 400 shares on 7/5/2024Total: C$44,200.00 ($110.50/share)View All Insider Transactions MRG.UN Stock Analysis - Frequently Asked Questions How have MRG.UN shares performed this year? Morguard North American Residential Real Estate Investment Trust's stock was trading at C$14.77 at the beginning of 2024. Since then, MRG.UN shares have increased by 24.1% and is now trading at C$18.33. View the best growth stocks for 2024 here. How do I buy shares of Morguard North American Residential Real Estate Investment Trust? Shares of MRG.UN 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. 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