MCAN Mortgage - MKP Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MCAN Mortgage in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MKP shares.
View MKP analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 12 month price targets for MCAN Mortgage's shares. Their MKP share price forecasts range from C$18.00 to C$18.25. On average, they expect the company's stock price to reach C$18.13 in the next year. This suggests a possible upside of 19.6% from the stock's current price.
View analysts price targets for MKP or view top-rated stocks among Wall Street analysts.

MCAN Mortgage's stock was trading at C$17.23 at the beginning of 2022. Since then, MKP stock has decreased by 12.0% and is now trading at C$15.16.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our MKP earnings forecast.

MCAN Mortgage announced a quarterly dividend on Thursday, February 24th. Investors of record on Tuesday, March 15th will be given a dividend of 0.36 per share on Thursday, March 31st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 9.50%. The ex-dividend date of this dividend is Monday, March 14th. This is an increase from the stock's previous quarterly dividend of C$0.34.
Read our dividend analysis for MKP.

MCAN Mortgage (TSE:MKP) pays an annual dividend of C$1.41 per share and currently has a dividend yield of 9.34%. MKP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 90.69%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MKP.

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).

MCAN Mortgage trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MKP."

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One share of MKP stock can currently be purchased for approximately C$15.16.

MCAN Mortgage (TSE:MKP) has a market capitalization of C$487.82 million and generates C$85.96 million in revenue each year.

The company employs 128 workers across the globe.

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.