Millrose Properties (NYSE:MRP) Updates Q3 2025 Earnings Guidance

Key Points

• Millrose Properties (NYSE: MRP) updated its Q3 2025 earnings guidance, expecting $0.630 earnings per share, below the consensus estimate of $0.740, while revenue guidance is set at $179.3 million, exceeding the consensus estimate of $168.8 million.
• Analysts from Citizens JMP and Citigroup have initiated coverage on Millrose Properties with a market outperform rating and a price target of $40.00, contributing to the stock's average rating of "Moderate Buy".
• Millrose Properties announced a quarterly dividend increase to $0.73 per share, reflecting an annualized yield of 9.1%, with the dividend payment scheduled for October 15th.

Millrose Properties (NYSE:MRP - Get Free Report) updated its third quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.630-0.630 for the period, compared to the consensus earnings per share estimate of 0.740. The company issued revenue guidance of $179.3 million-$179.3 million, compared to the consensus revenue estimate of $168.8 million.

Analyst Ratings Changes

A number of equities analysts recently weighed in on MRP shares. Citizens Jmp started coverage on shares of Millrose Properties in a research report on Wednesday. They issued a "mkt outperform" rating and a $40.00 price objective on the stock. Weiss Ratings reiterated a "hold (c+)" rating on shares of Millrose Properties in a research report on Wednesday. JMP Securities started coverage on shares of Millrose Properties in a research report on Wednesday. They issued a "market outperform" rating and a $40.00 price objective on the stock. Finally, Citigroup assumed coverage on shares of Millrose Properties in a research report on Wednesday. They issued an "outperform" rating on the stock. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $35.38.

Millrose Properties Price Performance

Shares of MRP traded down $0.44 during trading on Thursday, reaching $32.25. The company's stock had a trading volume of 163,106 shares, compared to its average volume of 1,854,761. The company has a fifty day moving average of $33.38 and a two-hundred day moving average of $29.31. Millrose Properties has a twelve month low of $19.00 and a twelve month high of $36.00. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.06 and a current ratio of 0.06.

Millrose Properties (NYSE:MRP - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.68 earnings per share (EPS) for the quarter. The business had revenue of $149.00 million during the quarter.

Millrose Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Friday, October 3rd will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 9.1%. The ex-dividend date is Friday, October 3rd. This is an increase from Millrose Properties's previous quarterly dividend of $0.69.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of MRP. Baird Financial Group Inc. bought a new position in shares of Millrose Properties in the first quarter worth $224,000. Royal Bank of Canada acquired a new stake in shares of Millrose Properties in the first quarter valued at $1,508,000. Advisors Asset Management Inc. acquired a new stake in shares of Millrose Properties in the first quarter valued at $45,000. NewEdge Advisors LLC acquired a new stake in shares of Millrose Properties in the first quarter valued at $39,000. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Millrose Properties in the first quarter valued at $18,093,000.

About Millrose Properties

Millrose Properties, Inc is a real estate investment and management company that focuses on acquiring, developing, and managing high-quality commercial properties. They are headquartered in Purchase, New York.

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