MCAN Mortgage (MKP) Stock Price, News & Analysis

Company Overview

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in the real estate lending and investing activities, including residential mortgage, residential construction, non-residential construction, and commercial loans, as well as portfolio of real estate investments trusts and private investment activities. It also provides term deposits through a network of independent financial agents. The company was formerly known as MCAP Inc. and changed its name to MCAN Mortgage Corporation in September 2006. The company was founded in 1980 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$18.40 to C$18.77
• 50-Day Range: C$16.97 to C$19.00
• 52-Week Range: C$15.52 to C$19.86
• Volume: 76,499 shs
• Average Volume: 45,917 shs
• Market Capitalization: C$730.59 million
• P/E Ratio: 7.99
• Dividend Yield: 8.32%
• Price Target: C$19.00
• Consensus Rating: Buy

MKP Stock Analysis - Frequently Asked Questions

How have MKP shares performed this year?

MCAN Mortgage's stock was trading at C$18.25 on January 1st, 2025. Since then, MKP shares have increased by 2.7% and is now trading at C$18.75.
View the best growth stocks for 2025 here.

How were MCAN Mortgage's earnings last quarter?

MCAN Mortgage Co. (TSE:MKP) posted its quarterly earnings results on Monday, November, 11th. The company reported $0.70 earnings per share for the quarter. MCAN Mortgage had a trailing twelve-month return on equity of 15.63% and a net margin of 52.77%.

How do I buy shares of MCAN Mortgage?

Shares of MKP 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.

What other stocks do shareholders of MCAN Mortgage own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MCAN Mortgage investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Magna International (MG), TELUS (T), Meta Platforms (META), Royal Bank of Canada (RY) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 11/11/2024
• Today: 4/24/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Mortgage Finance
• Sub-Industry: N/A
• Current Symbol: TSE:MKP
• CIK: N/A
• Web: www.mcanmortgage.com
• Phone: +1-416-5724880
• Fax: N/A
• Employees: 142
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$19.00
• High Stock Price Target: C$19.00
• Low Stock Price Target: C$19.00
• Potential Upside/Downside: +2.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$2.35
• Trailing P/E Ratio: 7.92
• Forward P/E Ratio: 7.40
• P/E Growth: N/A
• Net Income: C$91.55 million
• Net Margins: 52.77%
• Pretax Margin: N/A
• Return on Equity: 15.63%
• Return on Assets: 1.71%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: 1.97

Sales & Book Value

• Annual Sales: C$173.49 million
• Price / Sales: 4.17
• Cash Flow: C$1.50 per share
• Price / Cash Flow: 12.39
• Book Value: C$15.76 per share
• Price / Book: 1.18

Miscellaneous

• Outstanding Shares: 38,964,557
• Free Float: N/A
• Market Cap: C$723.96 million
• Optionable: Not Optionable
• Beta: 0.85