Morguard Co. (TSE:MRC - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$113.54 and traded as high as C$122.00. Morguard shares last traded at C$122.00, with a volume of 301 shares trading hands.
Morguard Trading Down 3.0 %
The stock's 50 day simple moving average is C$113.68 and its two-hundred day simple moving average is C$107.62. The company has a debt-to-equity ratio of 142.74, a current ratio of 0.30 and a quick ratio of 0.13. The stock has a market capitalization of C$1.28 billion, a PE ratio of 17.38 and a beta of 1.16.
Morguard (TSE:MRC - Get Free Report) last posted its quarterly earnings results on Thursday, February 22nd. The real estate investment trust reported C$1.25 earnings per share (EPS) for the quarter. Morguard had a net margin of 5.97% and a return on equity of 1.33%. The company had revenue of C$312.86 million for the quarter. On average, sell-side analysts expect that Morguard Co. will post 23.7276265 EPS for the current year.
Morguard Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Friday, March 15th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date is Thursday, March 14th. Morguard's payout ratio is 8.81%.
Morguard Company Profile
(
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Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors.
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