Morguard (TSE:MRC) Insider Acquires C$57,125.00 in Stock

Key Points

• Insider Sime Armoyan purchased 500 Morguard shares at C$114.25 each, investing C$57,125 and increasing his ownership to 1,461,423 shares valued at roughly C$167 million.
• Armoyan has made several additional purchases recently, including 3,300 shares on September 25 and 34,200 shares on August 31, indicating substantial cumulative insider buying.
• Morguard shares were flat at C$114.25, with a C$1.22 billion market capitalization and a P/E ratio of 5.93. The company most recently reported quarterly EPS of C$7.93 on revenue of C$273.12 million.

Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan acquired 500 shares of the stock in a transaction that occurred on Thursday, September 24th. The shares were acquired at an average cost of C$114.25 per share, with a total value of C$57,125.00. Following the transaction, the insider owned 1,461,423 shares in the company, valued at approximately C$166,967,577.75. The trade was a 0.03% increase in their ownership of the stock.

Sime Armoyan also recently made the following trade(s):

• On Friday, September 25th, Sime Armoyan purchased 3,300 shares of Morguard stock. The stock was bought at an average cost of C$114.25 per share, for a total transaction of C$377,025.00.
• On Wednesday, September 23rd, Sime Armoyan bought 900 shares of Morguard stock. The stock was bought at an average price of C$114.25 per share, for a total transaction of C$102,825.00.
• On Monday, September 14th, Sime Armoyan acquired 300 shares of Morguard stock. The stock was purchased at an average price of C$114.16 per share, for a total transaction of C$34,248.00.
• On Thursday, September 10th, Sime Armoyan purchased 300 shares of Morguard stock. The shares were acquired at an average cost of C$114.00 per share, for a total transaction of C$34,200.00.
• On Wednesday, September 9th, Sime Armoyan purchased 1,500 shares of Morguard stock. The shares were acquired at an average price of C$114.00 per share, with a total value of C$171,000.00.
• On Tuesday, September 8th, Sime Armoyan acquired 1,700 shares of Morguard stock. The stock was bought at an average cost of C$114.14 per share, with a total value of C$194,038.00.
• On Monday, August 31st, Sime Armoyan purchased 34,200 shares of Morguard stock. The stock was bought at an average cost of C$104.30 per share, with a total value of C$3,567,060.00.
• On Friday, August 28th, Sime Armoyan purchased 16,200 shares of Morguard stock. The shares were purchased at an average cost of C$114.69 per share, with a total value of C$1,857,978.00.
• On Wednesday, August 26th, Sime Armoyan bought 5,200 shares of Morguard stock. The shares were purchased at an average cost of C$114.75 per share, with a total value of C$596,700.00.
• On Monday, August 24th, Sime Armoyan acquired 1,800 shares of Morguard stock. The shares were acquired at an average price of C$114.75 per share, with a total value of C$206,550.00.

Morguard Price Performance

TSE:MRC remained flat at C$114.25 during trading hours on Friday. 4,951 shares of the company were exchanged, compared to its average volume of 3,124. The stock has a market cap of C$1.22 billion, a P/E ratio of 5.93 and a beta of 0.15. The company has a debt-to-equity ratio of 123.43, a current ratio of 0.42 and a quick ratio of 0.13. The stock has a 50 day moving average price of C$114.98 and a 200-day moving average price of C$118.01. Morguard Co. has a 1 year low of C$111.55 and a 1 year high of C$127.40.

Morguard (TSE:MRC - Get Free Report) last announced its earnings results on Wednesday, August 5th. The real estate investment trust reported C$7.93 earnings per share (EPS) for the quarter. The company had revenue of C$273.12 million for the quarter. Morguard had a return on equity of 4.61% and a net margin of 18.49%. As a group, sell-side analysts anticipate that Morguard Co. will post 26.1506276 earnings per share for the current fiscal year.

About Morguard

Morguard Corporation is a real estate investment company listed on the Toronto Stock Exchange TSX: MRC. The company and its subsidiaries, Morguard REIT TSX: MRT.UN and Morguard North American Residential REIT TSX: MRG.UN, own a diversified portfolio of real estate assets across multiple classes, including office, industrial, retail, multi-suite residential and hotel. Morguard also provides real estate management services to institutional and other investors. As at September 30, 2025, Morguard's owned and managed portfolio of assets was valued at $19 billion.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.