MCAN Mortgage Company Profile (TSE:MKP)

About MCAN Mortgage (TSE:MKP)

MCAN Mortgage logoMCAN 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
Capitalization:
  • Market Cap: C$394.52 million
  • Outstanding Shares: 23,303,000
Average Prices:
  • 50 Day Moving Avg: C$15.68
  • 200 Day Moving Avg: C$14.96
  • 52 Week Range: C$13.10 - C$17.33
P/E:
  • Trailing P/E Ratio: 10.30
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$61.76 million
  • Price / Sales: 6.39
  • Book Value: C$12.37 per share
  • Price / Book: 1.37
Dividend:
  • Dividend Yield: 8.4%
Profitability:
  • Net Margins: 35.17%
  • Return on Equity: 12.49%
  • Return on Assets: 1.59%
Misc:
  • 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?

MCAN Mortgage is scheduled to release their next quarterly earnings announcement on Friday, November, 10th 2017. View Earnings Estimates for MCAN Mortgage.

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?

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?

One share of MCAN Mortgage stock can currently be purchased for approximately C$16.93.


MarketBeat Community Rating for MCAN Mortgage (TSE MKP)
Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  37 (Vote Outperform)
Underperform Votes:  113 (Vote Underperform)
Total Votes:  150
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.

Analyst Ratings

Consensus Ratings for MCAN Mortgage (TSE:MKP) (How are Consensus Ratings Calculated?)
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)
Price Target History for MCAN Mortgage (TSE:MKP)
Analysts' Ratings History for MCAN Mortgage (TSE:MKP)
Show:
DateFirmActionRatingPrice TargetDetails
10/17/2017National Bank FinancialBoost Price TargetSector PerformC$14.00 -> C$15.50View Rating Details
3/1/2016ScotiabankLower Price TargetSector PerformC$14.25 -> C$14.00View Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for MCAN Mortgage (TSE:MKP)
Earnings by Quarter for MCAN Mortgage (TSE:MKP)
Earnings History by Quarter for MCAN Mortgage (TSE MKP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/10/2017        
5/8/2014C$0.45C$0.36ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MCAN Mortgage (TSE:MKP)
2017 EPS Consensus Estimate: $1.60
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.36$0.38$0.37
Q2 20172$0.38$0.44$0.41
Q3 20172$0.39$0.40$0.40
Q4 20171$0.42$0.42$0.42
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for MCAN Mortgage (TSE MKP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/15/2017Quarterly$0.328.41%9/14/20179/15/20179/29/2017
6/11/2015Quarterly$0.288.72%6/11/20156/30/20156/30/2015
3/12/2015Quarterly$0.288.04%3/12/20153/31/20153/31/2015
12/11/2014Quarterly$0.287.68%12/11/20141/2/20151/2/2015
8/13/2014quarterly$0.287.4%9/12/20149/16/20149/30/2014
6/12/2014Quarterly$0.287.8%6/12/20146/30/20146/30/2014
3/13/2014Quarterly$0.288.42%3/13/20143/31/20143/31/2014
11/13/2013quarterly$0.288.48%12/12/201312/16/20131/2/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for MCAN Mortgage (TSE:MKP)
Insider Trades by Quarter for MCAN Mortgage (TSE:MKP)
Insider Trades by Quarter for MCAN Mortgage (TSE:MKP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/25/2017Ian SutherlandInsiderBuy4,100C$13.99C$57,359.00
5/24/2017Ian SutherlandInsiderBuy900C$13.98C$12,582.00
5/24/2017Loraine McintoshDirectorBuy1,000C$14.00C$14,000.00
5/17/2017Gleb IoussoufovitchDirectorBuy1,500C$14.00C$21,000.00
5/11/2017Loraine McintoshDirectorBuy1,750C$14.00C$24,500.00
4/11/2017Paco LaiInsiderSell500C$15.05C$7,525.00
4/6/2017Gleb IoussoufovitchDirectorBuy400C$14.99C$5,996.00
4/3/2017Gleb IoussoufovitchDirectorBuy10C$14.95C$149.50
3/23/2017Gleb IoussoufovitchDirectorBuy12C$14.95C$179.40
3/7/2017Brydon CruiseDirectorBuy360C$15.10C$5,436.00
1/11/2017Paco LaiInsiderSell1,000C$14.43C$14,430.00
9/7/2016Raymond Dor�InsiderSell3,900C$14.82C$57,798.00
7/7/2016Ian SutherlandDirectorBuy5,000C$14.16C$70,800.00
7/7/2016Raymond Dor�InsiderSell9,684C$14.15C$137,028.60
7/6/2016Raymond Dor�InsiderSell10,000C$14.12C$141,200.00
3/28/2016Ian SutherlandDirectorBuy4,400C$12.90C$56,760.00
3/28/2016Raymond Dor�InsiderSell4,100C$12.95C$53,095.00
3/24/2016Gleb IoussoufovitchDirectorBuy32C$12.92C$413.44
3/18/2016Ian SutherlandDirectorBuy477C$12.94C$6,172.38
3/18/2016Raymond Dor�InsiderSell4,000C$12.95C$51,800.00
3/16/2016Raymond Dor�InsiderSell3,600C$12.95C$46,620.00
3/8/2016Raymond Dor�InsiderSell1,900C$13.20C$25,080.00
3/7/2016Raymond Dor�InsiderSell7,000C$13.15C$92,050.00
3/3/2016Raymond Dor�InsiderSell2,500C$12.80C$32,000.00
3/2/2016Brydon CruiseDirectorBuy725C$12.69C$9,200.25
3/2/2016Raymond Dor�InsiderSell600C$12.70C$7,620.00
3/1/2016Raymond Dor�InsiderSell5,000C$12.55C$62,750.00
1/13/2016Brydon CruiseDirectorBuy10,000C$11.60C$116,000.00
1/5/2016Raymond Dor�InsiderSell5,000C$12.60C$63,000.00
12/15/2015Brydon CruiseDirectorBuy13,750C$11.85C$162,937.50
12/8/2015Brydon CruiseDirectorBuy10,000C$12.45C$124,500.00
12/1/2015Raymond Dor�InsiderSell5,000C$12.79C$63,950.00
11/30/2015Raymond Dor�InsiderSell5,000C$12.90C$64,500.00
11/20/2015Brydon CruiseDirectorBuy9,000C$12.87C$115,830.00
11/19/2015Raymond Dor�InsiderSell5,000C$12.63C$63,142.00
11/18/2015Raymond Dor�InsiderSell5,000C$12.73C$63,652.00
11/18/2015Verna CuthbertDirectorBuy1,000C$12.80C$12,800.00
11/16/2015Raymond Dor�InsiderSell1,100C$12.79C$14,064.93
10/14/2015Brydon CruiseDirectorBuy11,200C$13.19C$147,728.00
10/13/2015Brydon CruiseDirectorBuy3,000C$13.30C$39,900.00
9/17/2015Brydon CruiseDirectorBuy10,000C$13.18C$131,750.00
9/16/2015Brian A JohnsonDirectorBuy3,900C$13.00C$50,700.00
9/14/2015Brydon CruiseDirectorBuy4,500C$13.14C$59,130.00
9/11/2015Brydon CruiseDirectorBuy5,000C$13.48C$67,400.00
8/21/2015Ian SutherlandDirectorBuy12,800C$11.70C$149,760.00
8/20/2015Brydon CruiseDirectorBuy15,000C$11.71C$175,650.00
8/19/2015Brydon CruiseDirectorBuy2,000C$11.75C$23,500.00
8/17/2015Ian SutherlandDirectorBuy4,404C$11.47C$50,513.88
7/18/2015Derek SutherlandInsiderBuy1,811C$10.90C$19,739.90
7/10/2015Brydon CruiseDirectorBuy7,071C$10.90C$77,073.90
7/7/2015Ian SutherlandDirectorBuy10,000C$11.78C$117,800.00
7/6/2015Ian SutherlandDirectorBuy5,000C$11.90C$59,500.00
6/30/2015Brydon CruiseDirectorBuy4,000C$12.24C$48,940.00
6/29/2015Derek SutherlandInsiderBuy21,732C$0.10C$2,173.20
6/26/2015Ian SutherlandDirectorBuy147,500C$0.11C$15,487.50
6/25/2015Ian SutherlandDirectorBuy52,500C$0.11C$5,512.50
6/24/2015Robert HortonInsiderSell1,404C$0.10C$140.40
6/19/2015Brydon CruiseDirectorBuy13,300C$12.55C$166,915.00
6/15/2015Ian SutherlandDirectorBuy50,000C$0.14C$6,750.00
6/10/2015Ian SutherlandDirectorBuy1,100C$13.25C$14,575.00
6/8/2015Jeffrey Joseph BouganimInsiderBuy2,000C$13.16C$26,315.00
6/8/2015Susan DoréDirectorSell1,100C$13.10C$14,410.00
4/20/2015Brydon CruiseDirectorBuy8,900C$13.10C$116,590.00
4/14/2015Ian SutherlandDirectorBuy5,500C$13.21C$72,655.00
3/26/2015Ian SutherlandDirectorSell2,000C$13.37C$26,740.00
3/25/2015Ian SutherlandDirectorSell2,000C$13.50C$27,000.00
3/19/2015Brydon CruiseDirectorBuy6,000C$13.57C$81,420.00
3/13/2015Brydon CruiseDirectorBuy8,900C$13.60C$121,040.00
3/10/2015Brydon CruiseDirectorBuy10,000C$13.63C$136,300.00
12/29/2014Ian SutherlandDirectorSell2,000C$14.16C$28,320.00
12/24/2014Ian SutherlandDirectorSell2,000C$14.26C$28,520.00
12/15/2014Raymond Dor�InsiderBuy2,400C$14.06C$33,744.00
12/12/2014Raymond Dor�InsiderBuy5,000C$14.13C$70,661.00
12/11/2014Raymond Dor�InsiderBuy6,000C$14.24C$85,468.80
12/9/2014Susan DoréDirectorBuy3,000C$14.59C$43,779.90
11/17/2014Susan Dor�DirectorBuy1,500C$14.55C$21,825.00
(Data available from 1/1/2013 forward)

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Chart

MCAN Mortgage (MKP) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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