TSE:MKP MCAN Mortgage (MKP) Stock Forecast, Price & News C$16.27 +0.01 (+0.06%) (As of 01:00 PM ET) Add Compare Share Share Today's RangeC$16.26▼C$16.3550-Day RangeC$14.84▼C$16.4552-Week RangeC$14.00▼C$18.29Volume950 shsAverage Volume17,601 shsMarket CapitalizationC$566.20 millionP/E Ratio8.47Dividend Yield8.85%Price TargetC$18.13 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media MCAN Mortgage MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside11.5% UpsideC$18.13 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.1.75 out of 5 stars 2.3 Analyst's Opinion Consensus RatingMCAN Mortgage has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$18.13, MCAN Mortgage has a forecasted upside of 11.5% from its current price of C$16.26.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 8.86%, 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 75.00%. 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 0.6 News and Social Media Coverage Search Interest2 people have searched for MKP on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 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 Insiders21.95% 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 8.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.72.Price to Earnings Ratio vs. SectorThe P/E ratio of MCAN Mortgage is 8.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 155.81.Price to Book Value per Share RatioMCAN Mortgage has a P/B Ratio of 1.12. 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 (TSE:MKP) StockMCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company offers single-family residential mortgages, as well as residential construction, non-residential construction, and commercial loans, as well as engages in the 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 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 MKP Stock News HeadlinesMay 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 30, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 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)May 30, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. 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)April 10, 2023 | theglobeandmail.comClosing Bell: Mcan Mortgage Corp down on Monday (MKP)April 7, 2023 | theglobeandmail.comClosing Bell: Mcan Mortgage Corp up on Thursday (MKP)March 10, 2023 | finance.yahoo.comMCAN FINANCIAL GROUP ANNOUNCES RETIREMENT OF KAREN WEAVER, PRESIDENT AND CEOFebruary 27, 2023 | finance.yahoo.comMCAN Mortgage (TSE:MKP) Will Pay A Dividend Of CA$0.36February 24, 2023 | msn.com2 Ultra-High-Yielding TSX Stocks to Buy With $1,000February 24, 2023 | msn.comMCAN Mortgage Corporation declares CAD 0.36 dividendFebruary 23, 2023 | finance.yahoo.comMCAN FINANCIAL GROUP ANNOUNCES 2022 RESULTS AND DECLARES $0.36 REGULAR CASH DIVIDENDFebruary 2, 2023 | finance.yahoo.comInvesting in MCAN Mortgage (TSE:MKP) five years ago would have delivered you a 36% gainJanuary 10, 2023 | finance.yahoo.comMCAN FINANCIAL GROUP ANNOUNCES INSIDER PARTICIPATION IN RECENTLY COMPLETED RIGHTS OFFERINGJanuary 6, 2023 | msn.comIs it a Trap?! 3 TSX Stocks With Ultra-High Dividend YieldsDecember 23, 2022 | finance.yahoo.comMCAN FINANCIAL GROUP ANNOUNCES CLOSING OF RIGHTS OFFERINGDecember 20, 2022 | finance.yahoo.comIIROC Trading Halt - MKP.RT.ANovember 18, 2022 | finance.yahoo.comMCAN FINANCIAL GROUP ANNOUNCES $34 MILLION RIGHTS OFFERINGNovember 13, 2022 | seekingalpha.comMCAN Mortgage Corporation declares $0.36 dividendSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 MKP Company Calendar Ex-Dividend for 3/31 Dividend3/14/2023Dividend Payable3/31/2023Today5/30/2023Ex-Dividend for 6/30 Dividend6/14/2023Dividend Payable6/30/2023Next Earnings (Estimated)8/08/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Mortgage Investment Sub-IndustryN/A SectorFinance Current SymbolTSE:MKP CUSIPN/A CIKN/A Webwww.mcanmortgage.com Phone+1-416-5724880FaxN/AEmployees128Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$18.13 High Stock Price ForecastC$18.25 Low Stock Price ForecastC$18.00 Forecasted Upside/Downside+11.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.92 Trailing P/E Ratio8.47 Forward P/E Ratio6.49 P/E GrowthN/ANet IncomeC$63.15 million Net Margins60.54% Pretax MarginN/A Return on Equity13.31% Return on Assets1.55% Debt Debt-to-Equity Ratio342.93 Current Ratio1.95 Quick Ratio1.97 Sales & Book Value Annual SalesC$104.32 million Price / Sales5.42 Cash FlowC$1.31 per share Price / Cash Flow12.39 Book ValueC$14.58 per share Price / Book1.12Miscellaneous Outstanding Shares34,800,000Free FloatN/AMarket CapC$565.85 million OptionableNot Optionable Beta1.01 Key ExecutivesMs. Karen H. Weaver CPA (Age 64)ICD.D, Pres, CEO & Non-Independent Director Comp: $903.21kMs. Floriana Cipollone B.Comm. (Age 56)C.A, Sr. VP & CFO Comp: $569.05kMr. Avish BuckSr. VP & COOMr. Carl Scott BrownSr. VP of Investments & Corp. Devel.Mr. Michael Edward JensenVP, Chief Compliance Officer and Chief Anti-Money Laundering & Privacy OfficerMichelle LiottaVP of HRMr. Eugene BasoliniPres of MTC Leasing Inc and Chief Operating Officer of MTC Leasing IncMs. Sylvia PintoVP, Corp. Sec. & Governance OfficerMs. Milica PejicVP & Chief Audit OfficerMs. Nazeera KhanVP & Chief Audit OfficerMore ExecutivesKey CompetitorsFirm Capital Mortgage InvestmentTSE:FCHome Capital GroupTSE:HCGFiera CapitalTSE:FSZHut 8 MiningTSE:HUTGalaxy DigitalTSE:GLXYView All Competitors MKP Stock - Frequently Asked Questions Should I buy or sell MCAN Mortgage stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MCAN Mortgage in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MKP shares. View MKP analyst ratings or view top-rated stocks. What is MCAN Mortgage's stock price forecast for 2023? 2 analysts have issued 1 year price targets for MCAN Mortgage's stock. Their MKP share price forecasts range from C$18.00 to C$18.25. On average, they expect the company's share price to reach C$18.13 in the next year. This suggests a possible upside of 11.5% 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 8.4% and is now trading at C$16.26. 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 Tuesday, August 8th 2023. View our MKP earnings forecast. How often does MCAN Mortgage pay dividends? What is the dividend yield for MCAN Mortgage? MCAN Mortgage announced a quarterly dividend on Monday, May 8th. Shareholders of record on Thursday, June 15th will be given a dividend of 0.36 per share on Friday, June 30th. This represents a $1.44 annualized dividend and a dividend yield of 8.86%. The ex-dividend date of this dividend is Wednesday, June 14th. Read our dividend analysis for MKP. Is MCAN Mortgage a good dividend stock? MCAN Mortgage (TSE:MKP) pays an annual dividend of C$1.44 per share and currently has a dividend yield of 8.86%. MKP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 75.00%. 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). What is MCAN Mortgage's stock symbol? MCAN Mortgage trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MKP." 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. What is MCAN Mortgage's stock price today? One share of MKP stock can currently be purchased for approximately C$16.26. How much money does MCAN Mortgage make? MCAN Mortgage (TSE:MKP) has a market capitalization of C$565.85 million and generates C$104.32 million in revenue each year. The company earns C$63.15 million in net income (profit) each year or C$1.92 on an earnings per share basis. How many employees does MCAN Mortgage have? The company employs 128 workers across the globe. How can I contact MCAN Mortgage? MCAN Mortgage's mailing address is 200 King St W Suite 600, TORONTO, ON M5H 3T4, Canada. The official website for the company is www.mcanmortgage.com. The company can be reached via phone at +1-416-5724880. This page (TSE:MKP) was last updated on 5/30/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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