MCAN Mortgage Stock Price, News & Analysis (TSE:MKP) C$15.81 +0.13 (+0.83%) (As of 04:15 PM ET) Add Compare Share Share Today's RangeC$15.70▼C$15.9850-Day RangeC$14.87▼C$15.9752-Week RangeC$14.12▼C$16.82Volume20,540 shsAverage Volume16,864 shsMarket CapitalizationC$560.15 millionP/E Ratio6.53Dividend Yield9.61%Price TargetC$18.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades MCAN Mortgage MarketRank™ Stock AnalysisAnalyst Rating0.00 Rating ScoreUpside/Downside13.9% UpsideC$18.00 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.37 out of 5 stars 1.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of C$18.00, MCAN Mortgage has a forecasted upside of 13.9% from its current price of C$15.80.Amount of Analyst CoverageMCAN Mortgage has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MKP. Previous Next 2.5 Dividend Strength Dividend LeadershipMCAN Mortgage is a leading dividend payer. It pays a dividend yield of 9.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMCAN Mortgage does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of MCAN Mortgage is 62.81%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MKP. Previous Next 2.1 News and Social Media Coverage News SentimentMCAN Mortgage has a news sentiment score of 0.80. 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 news sentiment score is similar to the average news sentiment of Financial Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for MCAN Mortgage this week, compared to 0 articles on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MCAN Mortgage insiders have not sold or bought any company stock.Percentage Held by Insiders15.60% of the stock of MCAN Mortgage is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 0.64% of the stock of MCAN Mortgage is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of MCAN Mortgage is 6.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.36.Price to Earnings Ratio vs. SectorThe P/E ratio of MCAN Mortgage is 6.53, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 352.24.Price to Book Value per Share RatioMCAN Mortgage has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MCAN Mortgage Stock (TSE:MKP)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. MCAN Mortgage Corporation was founded in 1980 and is headquartered in Toronto, Canada.Read More MKP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MKP Stock News HeadlinesNovember 28, 2023 | ca.finance.yahoo.comBuy These 3 High-Yield Stocks With Healthy Payout RatiosAugust 30, 2023 | theglobeandmail.comClosing Bell: Mcan Mortgage Corp flat on Wednesday (MKP)December 4, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.August 21, 2023 | finance.yahoo.comMCAN Financial Group Renews At-The-Market ProgramAugust 17, 2023 | theglobeandmail.comClosing Bell: Mcan Mortgage Corp down on Wednesday (MKP)August 14, 2023 | finance.yahoo.comMCAN Financial Group Announces Base Shelf Prospectus RenewalAugust 11, 2023 | finance.yahoo.comShould You Be Adding MCAN Mortgage (TSE:MKP) To Your Watchlist Today?August 10, 2023 | markets.businessinsider.comMCAN Mortgage (MKP) Gets a Hold Rating from BMO CapitalDecember 4, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.August 8, 2023 | finance.yahoo.comMCAN FINANCIAL GROUP ANNOUNCES Q2 2023 RESULTS AND INCREASES ITS REGULAR CASH DIVIDEND NEARLY 6%July 14, 2023 | finance.yahoo.comMCAN Mortgage's (TSE:MKP) investors will be pleased with their respectable 54% return over the last three yearsJuly 12, 2023 | msn.comInvest in These Stocks for a Worry-Free Retirement Income StreamJune 21, 2023 | 247wallst.comHere's How Investors Can Play Canada's Housing ShortageJune 21, 2023 | nasdaq.comHere's How Investors Can Play Canada’s Housing ShortageJune 3, 2023 | finance.yahoo.comMCAN Mortgage (TSE:MKP) Has Announced A Dividend Of CA$0.36June 1, 2023 | finance.yahoo.comMCAN Financial Group Announces Incoming President and CEOMay 13, 2023 | finance.yahoo.comMCAN Mortgage (TSE:MKP) Is Paying Out A Dividend Of CA$0.36May 12, 2023 | finance.yahoo.comNews Flash: Analysts Just Made A Substantial Upgrade To Their MCAN Mortgage Corporation (TSE:MKP) ForecastsMay 9, 2023 | msn.comMcan Mortgage declares CAD 0.36 dividendMay 8, 2023 | theglobeandmail.comClosing Bell: Mcan Mortgage Corp up on Monday (MKP)May 8, 2023 | investopedia.comApplying to Mortgage Lenders: How Many Are Necessary?May 3, 2023 | theglobeandmail.comClosing Bell: Mcan Mortgage Corp up on Tuesday (MKP)April 27, 2023 | theglobeandmail.comClosing Bell: Mcan Mortgage Corp down on Thursday (MKP)April 27, 2023 | theglobeandmail.comClosing Bell: Mcan Mortgage Corp up on Wednesday (MKP)April 22, 2023 | theglobeandmail.comClosing Bell: Mcan Mortgage Corp up on Friday (MKP)April 19, 2023 | theglobeandmail.comClosing Bell: Mcan Mortgage Corp down on Tuesday (MKP)April 15, 2023 | theglobeandmail.comClosing Bell: Mcan Mortgage Corp down on Friday (MKP)See More Headlines Receive MKP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MCAN Mortgage and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/29 Dividend9/14/2023Dividend Payable9/29/2023Last Earnings11/06/2023Today12/04/2023Ex-Dividend for 1/2 Dividend12/14/2023Dividend Payable1/02/2024Next Earnings (Estimated)2/22/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Mortgage Finance Sub-IndustryN/A SectorFinancial Services Current SymbolTSE:MKP CUSIPN/A CIKN/A Webwww.mcanmortgage.com Phone+1-416-5724880FaxN/AEmployees136Year FoundedN/APrice Target and Rating Average Stock Price TargetC$18.00 High Stock Price TargetC$18.00 Low Stock Price TargetC$18.00 Potential Upside/Downside+14.8%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.42 Trailing P/E Ratio6.48 Forward P/E Ratio6.24 P/E GrowthN/ANet IncomeC$81.73 million Net Margins65.26% Pretax MarginN/A Return on Equity16.84% Return on Assets1.91% Debt Debt-to-Equity Ratio361.48 Current Ratio1.93 Quick Ratio1.97 Sales & Book Value Annual SalesC$125.24 million Price / Sales4.44 Cash FlowC$1.27 per share Price / Cash Flow12.39 Book ValueC$14.89 per share Price / Book1.05Miscellaneous Outstanding Shares35,430,000Free FloatN/AMarket CapC$555.54 million OptionableNot Optionable Beta0.86 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Derek G. Sutherland C.A. (Age 52)CPA, CBV, Chairman, Interim President & CEO Comp: $117kMs. Floriana Cipollone B.Comm. (Age 56)C.A, Senior VP & CFO Comp: $664kMr. Avish BuckSenior VP & COOMr. Carl Scott BrownSenior Vice President of Investments & Corporate DevelopmentMs. Karen H. Weaver CPA (Age 64)ICD.D, Consultant Comp: $1.24MMr. Aaron John CorrVP & Chief Risk OfficerMr. Michael Edward JensenVP & Chief Compliance OfficerMichelle LiottaVice President of Human ResourcesMs. Nazeera KhanVP & Chief Audit OfficerMr. Allan Dale Klein (Age 60)Chief Executive Officer of Canada ICI Capital Corporation More ExecutivesKey CompetitorsTimbercreek FinancialTSE:TFAtrium Mortgage InvestmentTSE:AIECN CapitalTSE:ECNFirm Capital Mortgage InvestmentTSE:FCHome Capital GroupTSE:HCGView All Competitors MKP Stock Analysis - Frequently Asked Questions What is MCAN Mortgage's stock price target for 2024? 0 Wall Street analysts have issued 12 month price targets for MCAN Mortgage's shares. Their MKP share price targets range from C$18.00 to C$18.00. On average, they expect the company's share price to reach C$18.00 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View analysts price targets for MKP or view top-rated stocks among Wall Street analysts. How have MKP shares performed in 2023? MCAN Mortgage's stock was trading at C$15.00 at the beginning of 2023. Since then, MKP shares have increased by 5.3% and is now trading at C$15.80. View the best growth stocks for 2023 here. When is MCAN Mortgage's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our MKP earnings forecast. How were MCAN Mortgage's earnings last quarter? MCAN Mortgage Co. (TSE:MKP) released its earnings results on Monday, November, 6th. The company reported $0.53 earnings per share for the quarter. MCAN Mortgage had a trailing twelve-month return on equity of 16.84% and a net margin of 65.26%. How often does MCAN Mortgage pay dividends? What is the dividend yield for MCAN Mortgage? MCAN Mortgage declared a quarterly dividend on Tuesday, November 7th. Shareholders of record on Friday, December 15th will be given a dividend of 0.38 per share on Tuesday, January 2nd. This represents a $1.52 dividend on an annualized basis and a yield of 9.62%. The ex-dividend date is Thursday, December 14th. Read our dividend analysis for MKP. Is MCAN Mortgage a good dividend stock? MCAN Mortgage (TSE:MKP) pays an annual dividend of C$1.52 per share and currently has a dividend yield of 9.69%. MKP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 62.81%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MKP. What other stocks do shareholders of MCAN Mortgage own? Based on aggregate information from My MarketBeat watchlists, some companies that other MCAN Mortgage investors own include Northview Apartment REIT (NVU.UN), North West (NWC), First National Financial (FN), Husky Energy Inc. (HSE.TO) (HSE), Surge Energy (SGY), Vermilion Energy (VET), Aurora Cannabis (ACB), BCE (BCE) and Bellatrix Exploration (BXE). 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.Compare Top Brokerages Here. This page (TSE:MKP) was last updated on 12/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding MCAN Mortgage Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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