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NYSE:MRP

Millrose Properties (MRP) Stock Price, News & Analysis

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$30.57 +0.07 (+0.23%)
As of 08/28/2026 03:58 PM Eastern

About Millrose Properties Stock (NYSE:MRP)

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Key Stats

Today's Range
$30.38
$30.87
50-Day Range
$28.00
$30.91
52-Week Range
$26.30
$35.58
Volume
708,905 shs
Average Volume
1.00 million shs
Market Capitalization
$4.71 billion
P/E Ratio
10.65
Dividend Yield
10.08%
Price Target
$37.67
Consensus Rating
Buy

Company Overview

Millrose Properties Corp is a publicly traded real estate investment trust that focuses on the acquisition, ownership and development of industrial and logistics properties. The company seeks to capitalize on the growing demand for modern warehouse facilities driven by e-commerce, freight distribution and last-mile delivery requirements. Millrose structures its investments to generate stable, long-term rental income through diversified lease agreements with industrial and logistics operators.

The firm’s core activities include sourcing strategically located industrial assets, overseeing property management operations and executing targeted development or renovation projects. Millrose works closely with tenants to customize space configurations, optimize operational efficiencies and integrate sustainability features. By managing its own projects and leveraging in-house asset management expertise, the company aims to enhance portfolio value and drive consistent occupancy levels.

Millrose Properties’ portfolio is concentrated primarily in the Northeast and Mid-Atlantic regions of the United States, with properties situated in key distribution hubs such as the New York metropolitan area, New Jersey and southeastern Pennsylvania. These markets benefit from dense consumer populations, extensive transportation networks and proximity to major ports. The company also evaluates expansion opportunities in high-growth Sun Belt markets where demand for modern logistics space continues to outpace supply.

Millrose’s executive leadership team brings together seasoned real estate and logistics professionals with decades of experience in industrial property investment and operations. The company emphasizes disciplined underwriting, proactive asset management and a long-term capital allocation strategy designed to support sustainable growth. Through its focused approach to industrial real estate, Millrose Properties aims to deliver reliable operating results and build a high-quality portfolio that meets evolving tenant needs.

AI Generated. May Contain Errors.

Millrose Properties Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
91st Percentile Overall Score

MRP MarketRank™: 

Millrose Properties scored higher than 91% of companies evaluated by MarketBeat, and ranked 20th out of 189 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Millrose Properties has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 1 strong buy rating, 3 buy ratings, no hold ratings, and no sell ratings.

  • Upside Potential

    Millrose Properties has a consensus price target of $37.67, representing about 23.2% upside from its current price of $30.57.

  • Amount of Analyst Coverage

    Millrose Properties has only been the subject of 1 research reports in the past 90 days.

  • Read more about Millrose Properties' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Millrose Properties is 10.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.36.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Millrose Properties is 10.65, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 28.78.

  • Price to Book Value per Share Ratio

    Millrose Properties has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.34% of the float of Millrose Properties has been sold short.
  • Short Interest Ratio / Days to Cover

    Millrose Properties has a short interest ratio ("days to cover") of 6.04.
  • Change versus previous month

    Short interest in Millrose Properties has recently decreased by 4.84%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Millrose Properties is a leading dividend payer. It pays a dividend yield of 10.10%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Millrose Properties does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Millrose Properties is 107.32%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Millrose Properties' dividend.
  • News Sentiment

    Millrose Properties has a news sentiment score of 1.43. 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 is a higher news sentiment than the 0.93 average news sentiment score of Real Estate companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Millrose Properties this week, compared to 2 articles on an average week.
  • Search Interest

    Only 4 people have searched for MRP on MarketBeat in the last 30 days. This is a decrease of -79% compared to the previous 30 days.
  • MarketBeat Follows

    14 people have added Millrose Properties to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Cluster Insider Buying

    2 insiders have purchased shares of Millrose Properties in the last three months. Multiple insiders buying is a strong bullish signal.

  • Net Insider Buying

    Over the last three months, insiders have purchased a net $115,580.00 in company stock, which represents 0.0025% of the company's market cap.

  • Insider Buying vs. Insider Selling

    In the past three months, Millrose Properties insiders have bought more of their company's stock than they have sold. Specifically, they have bought $115,580.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    0.23% of the stock of Millrose Properties is held by insiders.

  • Percentage Held by Institutions

    Millrose Properties has minimal institutional ownership at this time.

  • Read more about Millrose Properties' insider trading history.
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MRP Stock News Headlines

Millrose Properties (MRP) Q2 2026 Earnings Call Transcript
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MRP Stock Analysis - Frequently Asked Questions

Millrose Properties' stock was trading at $29.88 at the beginning of the year. Since then, MRP shares have increased by 2.3% and is now trading at $30.57.

Millrose Properties, Inc. (NYSE:MRP) posted its quarterly earnings results on Tuesday, August, 4th. The company reported $0.76 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.01. The company earned $196.85 million during the quarter. Millrose Properties had a trailing twelve-month return on equity of 8.13% and a net margin of 62.60%.
Read the conference call transcript
.

Millrose Properties' top institutional investors include California State Teachers Retirement System (3.55%), Bank of New York Mellon Corp (1.17%), Ancora Advisors LLC (0.41%) and Ancora Advisors LLC (0.41%). Insiders that own company stock include Darren Richman, Matthew B Gorson, Patrick J Bartels Jr, Carlos A Migoya, Garett Rosenblum, Rachel Presa and Adil Pasha.
View institutional ownership trends
.

Shares of MRP 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.

Company Calendar

Record date for 7/15 Dividend
7/06/2026
Ex-Dividend for 7/15 Dividend
7/06/2026
Dividend Payable
7/15/2026
Last Earnings
8/04/2026
Today
8/29/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Specialized REITs
Sub-Industry
Other Specialized REITs
Current Symbol
NYSE:MRP
Previous Symbol
NYSE:MRP
CIK
2017206
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

High Price Target
$40.00
Low Price Target
$35.00
Potential Upside/Downside
+23.2%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.87
Trailing P/E Ratio
10.65
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$379.86 million
Net Margins
62.60%
Pretax Margin
65.07%
Return on Equity
8.13%
Return on Assets
5.07%

Debt

Debt-to-Equity Ratio
0.42
Current Ratio
0.05
Quick Ratio
0.05

Sales & Book Value

Annual Sales
$600.46 million
Price / Sales
7.85
Cash Flow
$2.57 per share
Price / Cash Flow
11.91
Book Value
$37.94 per share
Price / Book
0.81

Miscellaneous

Outstanding Shares
154,230,000
Free Float
153,873,000
Market Cap
$4.71 billion
Optionable
N/A
Beta
0.39
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This page (NYSE:MRP) was last updated on 8/29/2026 by MarketBeat.com Staff.
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