About MCAN Mortgage (TSE:MKP)
MCAN Mortgage Corporation (MCAN) is a Canada-based loan company and mortgage investment corporation. The Company's primary objective is to generate income by investing its corporate funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of financial investments, loans and real estate investments. The Company's primary subsidiary, Xceed Mortgage Corporation (Xceed), focuses on the origination and sale to MCAN and third party mortgage aggregators of residential first-charge mortgage products across Canada. The Company also participates in the National Housing Act (NHA) mortgage-backed securities (MBS) program.
Industry, Sector and Symbol:
- Sector: Financial
- Industry: Mortgage Investment
- Sub-Industry: N/A
- Symbol: TSE:MKP
- CUSIP: N/A
- Web: www.mcanmortgage.com
- Market Cap: C$394.52 million
- Outstanding Shares: 23,303,000
- 50 Day Moving Avg: C$15.68
- 200 Day Moving Avg: C$14.96
- 52 Week Range: C$13.10 - C$17.33
Sales & Book Value:
- Trailing P/E Ratio: 10.30
- P/E Growth: 0.00
- Annual Revenue: C$61.76 million
- Price / Sales: 6.39
- Book Value: C$12.37 per share
- Price / Book: 1.37
- Net Margins: 35.17%
- Return on Equity: 12.49%
- Return on Assets: 1.59%
- Average Volume: 16,578 shs.
- Short Ratio: 96.12
Frequently Asked Questions for MCAN Mortgage (TSE:MKP)
What is MCAN Mortgage's stock symbol?
MCAN Mortgage trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MKP."
How often does MCAN Mortgage pay dividends? What is the dividend yield for MCAN Mortgage?
MCAN Mortgage declared a quarterly dividend on Tuesday, August 15th. Shareholders of record on Friday, September 15th will be paid a dividend of 0.32 per share on Friday, September 29th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 7.56%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from MCAN Mortgage's previous quarterly dividend of $0.28. View MCAN Mortgage's Dividend History.
When will MCAN Mortgage make its next earnings announcement?
Where is MCAN Mortgage's stock going? Where will MCAN Mortgage's stock price be in 2017?
1 brokers have issued 12 month price objectives for MCAN Mortgage's stock. Their predictions range from C$15.50 to C$15.50. On average, they expect MCAN Mortgage's share price to reach C$15.50 in the next year. View Analyst Ratings for MCAN Mortgage.
Who are some of MCAN Mortgage's key competitors?
Some companies that are related to MCAN Mortgage include Alaris Royalty Corp. (AD), Guardian Capital Group (GCG), Melcor Developments (MRD), Callidus Capital Corp (CBL), Sprott (SII), Canaccord Genuity Group (CF), Atrium Mortgage Investment Corp (AI), Firm Capital Mortgage Investment Corp (FC), Countrywide PLC (CWD), Temple Hotels (TPH), Bay Banks of Virginia (BAYK), Commercewest Bank Com (CWBK), Forage Orbit Garant (OGD), Enterprise Group (E), Ageas SA (AGS), AMP Limited (AMP), Assicurazioni Generali SpA (G) and ASX Ltd (ASX).
Who are MCAN Mortgage's key executives?
MCAN Mortgage's management team includes the folowing people:
- Ian Sutherland, Chairman of the Board
- William J. Jandrisits, President, Chief Executive Officer, Director
- Jeffrey Bouganim, Chief Financial Officer, Senior Vice President
- Sylvia Pinto, Vice President, Chief Compliance Officer & Corporate Secretary
- Robert Horton, Chief Risk Officer, Vice President
- Carl Brown, Vice President - Operations
- Jeffrey Lum, Vice President, Treasurer and Securitization
- Martin Beaudry, Vice President - Single Family Mortgages
- Dipti Patel, Vice President & Chief Audit Officer
- Leonard Zaidener, Vice President - Investments
How do I buy MCAN Mortgage stock?
Shares of MCAN Mortgage and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is MCAN Mortgage's stock price today?
MarketBeat Community Rating for MCAN Mortgage (TSE MKP)MarketBeat's community ratings are surveys of what our community members think about MCAN Mortgage and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of MCAN Mortgage stock can currently be purchased for approximately C$16.93.
Consensus Ratings for MCAN Mortgage (TSE:MKP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||C$15.50|Consensus Price Target History for MCAN Mortgage (TSE:MKP)
Analysts' Ratings History for MCAN Mortgage (TSE:MKP)
(Data available from 10/22/2015 forward)
|10/17/2017||National Bank Financial||Boost Price Target||Sector Perform||C$14.00 -> C$15.50|
|3/1/2016||Scotiabank||Lower Price Target||Sector Perform||C$14.25 -> C$14.00|
Earnings History for MCAN Mortgage (TSE:MKP)Earnings History by Quarter for MCAN Mortgage (TSE MKP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/10/2017|| || || || || || || || |
Earnings Estimates for MCAN Mortgage (TSE:MKP)
2017 EPS Consensus Estimate: $1.60
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History by Quarter for MCAN Mortgage (TSE MKP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for MCAN Mortgage (TSE:MKP)Insider Trades by Quarter for MCAN Mortgage (TSE:MKP)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/16/2015||Brian A Johnson||Director||Buy||3,900||C$13.00||C$50,700.00|
|6/8/2015||Jeffrey Joseph Bouganim||Insider||Buy||2,000||C$13.16||C$26,315.00|
Headline Trends for MCAN Mortgage (TSE:MKP)
Latest Headlines for MCAN Mortgage (TSE:MKP)
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MCAN Mortgage (MKP) Chart for Sunday, October, 22, 2017