Morguard North American Residential Real Estate Investment Trust (MNARF) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $11.76 to $11.76
• 50-Day Range: $11.76 to $14.16
• 52-Week Range: $10.98 to $14.16
• Volume: 2,400 shs
• Average Volume: 2,550 shs
• Market Capitalization: N/A
• P/E Ratio: 8.46
• Dividend Yield: 5.10%
• Price Target: N/A
• Consensus Rating: N/A

Morguard North American Residential Real Estate Investment Trust Stock Analysis - MarketRank™

Morguard North American Residential Real Estate Investment Trust scored higher than 17% 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Morguard North American Residential Real Estate Investment Trust.

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 North American Residential Real Estate Investment Trust is 8.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of Morguard North American Residential Real Estate Investment Trust is 8.46, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 243.31.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Morguard North American Residential Real Estate Investment Trust has a short interest ratio ("days to cover") of 174.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Morguard North American Residential Real Estate Investment Trust has recently decreased by 0.71%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Morguard North American Residential Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 6.35%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Morguard North American Residential Real Estate Investment Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Morguard North American Residential Real Estate Investment Trust is 43.19%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

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

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Morguard North American Residential Real Estate Investment Trust has a short interest ratio ("days to cover") of 174.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Morguard North American Residential Real Estate Investment Trust has recently decreased by 0.71%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.57

News Sentiment

Morguard North American Residential Real Estate Investment Trust has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Morguard North American Residential Real Estate Investment Trust this week, compared to 0 articles on an average week.

Search Interest

1 people have searched for MNARF on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Morguard North American Residential Real Estate Investment Trust insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 9.56% of the stock of Morguard North American Residential Real Estate Investment Trust is held by institutions.

MNARF Stock Analysis - Frequently Asked Questions

How have MNARF shares performed this year?

Morguard North American Residential Real Estate Investment Trust's stock was trading at $11.27 on January 1st, 2024. Since then, MNARF stock has increased by 4.3% and is now trading at $11.76.
View the best growth stocks for 2024 here.

How do I buy shares of Morguard North American Residential Real Estate Investment Trust?

Shares of MNARF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Real Estate
• Industry: REIT - Residential
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:MNARF
• CUSIP: N/A
• CIK: N/A
• Web: www.morguard.com
• Phone: (905) 281-3800
• Fax: N/A
• Employees: 147,000
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 8.46
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A