TSE:MKPMCAN Mortgage Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add C$13.17 -0.10 (-0.75 %) (As of 06/4/2020 01:57 PM ET) Add Compare Share Today's RangeC$12.98Now: C$13.17▼C$13.2550-Day RangeC$10.80MA: C$11.88▼C$12.9252-Week RangeC$10.36Now: C$13.17▼C$17.53Volume6,620 shsAverage Volume23,304 shsMarket CapitalizationC$321.61 millionP/E Ratio13.12Dividend Yield10.25%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media MCAN Mortgage Corporation operates as a 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 real estate and securitization investments. 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 Beat the Market (BTM) Rank™ 1.5 Analyst's Opinion Consensus RatingMCAN Mortgage has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of C$15.50, MCAN Mortgage has a potential upside of 17.7% from its current price of C$13.17.Amount of Analyst CoverageMCAN Mortgage has received no research coverage in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesMCAN Mortgage has received 275 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMCAN Mortgage has received 277 “underperform” votes. (Add your “underperform” vote.)Community SentimentMCAN Mortgage has received 50.18% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about MCAN Mortgage and other stocks. Vote “Outperform” if you believe MKP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MKP will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipMCAN Mortgage is a leading dividend payer. It pays a dividend yield of 10.25%, 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 129.48 %. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MCAN Mortgage insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$242,886.00 in company stock and sold C$0.00 in company stock. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for MCAN Mortgage are expected to decrease by -100.00% in the coming year, from C$1.42 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MCAN Mortgage is 13.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.28.Price to Earnings Ratio vs. SectorThe P/E ratio of MCAN Mortgage is 13.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.93.Price to Book Value per Share RatioMCAN Mortgage has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.5Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.98 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Mortgage Investment Sub-IndustryN/A SectorFinance Current SymbolTSE:MKP Previous Symbol CUSIPN/A CIKN/A Webwww.mcanmortgage.com Phone+1-416-5724880Debt Debt-to-Equity Ratio250.11 Current Ratio1.59 Quick Ratio1.56Price-To-Earnings Trailing P/E Ratio13.12 Forward P/E Ratio9.27 P/E GrowthN/A Sales & Book Value Annual SalesC$51.35 million Price / Sales6.26 Cash FlowC$2.75 per share Price / Cash Flow4.79 Book ValueC$12.90 per share Price / Book1.02Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees89 Outstanding Shares24,420,000Market CapC$321.61 million Next Earnings Date8/5/2020 (Estimated) OptionableNot Optionable TSX:MKP Rates by TradingView Receive MKP News and Ratings via Email Sign-up to receive the latest news and ratings for MKP and its competitors with MarketBeat's FREE daily newsletter. MCAN Mortgage (TSE:MKP) Frequently Asked Questions How has MCAN Mortgage's stock been impacted by COVID-19 (Coronavirus)? MCAN Mortgage's stock was trading at C$15.44 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MKP shares have decreased by 14.7% and is now trading at C$13.17. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of MCAN Mortgage? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MCAN Mortgage in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for MCAN Mortgage. When is MCAN Mortgage's next earnings date? MCAN Mortgage is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for MCAN Mortgage. How often does MCAN Mortgage pay dividends? What is the dividend yield for MCAN Mortgage? MCAN Mortgage declared a quarterly dividend on Tuesday, May 12th. Shareholders of record on Monday, June 15th will be given a dividend of 0.34 per share on Tuesday, June 30th. This represents a $1.36 annualized dividend and a yield of 10.33%. The ex-dividend date of this dividend is Friday, June 12th. View MCAN Mortgage's dividend history. What price target have analysts set for MKP? 1 Wall Street analysts have issued 12-month price objectives for MCAN Mortgage's stock. Their forecasts range from C$15.50 to C$15.50. On average, they anticipate MCAN Mortgage's stock price to reach C$15.50 in the next twelve months. This suggests a possible upside of 17.7% from the stock's current price. View analysts' price targets for MCAN Mortgage. Has MCAN Mortgage been receiving favorable news coverage? News stories about MKP stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. MCAN Mortgage earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutMCAN Mortgage. Who are some of MCAN Mortgage's key competitors? Some companies that are related to MCAN Mortgage include Home Capital Group (HCG), Firm Capital Mortgage Investment (FC), IMPAC Mortgage (IMH), Cohen & Company Inc (COHN) and Grenville Strategic Royalty (GRC). View all competitors. 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 (HSE), Surge Energy (SGY), Vermilion Energy (VET), Aurora Cannabis (ACB), Alaris Royalty (AD), BCE (BCE) and Bellatrix Exploration (BXE). Who are MCAN Mortgage's key executives? MCAN Mortgage's management team includes the following people: Ms. Karen H. Weaver, Interim CEO & Non-Independent Director (Age 60)Mr. Jeffrey Lum, VP of Treasury & SecuritizationMs. Dipti Patel, VP & CFOMr. Carl Scott Brown, VP of Operations & TreasurerMr. Joseph Shaw, VP & Chief Investment Officer 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 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 MKP stock can currently be purchased for approximately C$13.17. How big of a company is MCAN Mortgage? MCAN Mortgage has a market capitalization of C$321.61 million and generates C$51.35 million in revenue each year. MCAN Mortgage employs 89 workers across the globe. What is MCAN Mortgage's official website? The official website for MCAN Mortgage is www.mcanmortgage.com. How can I contact MCAN Mortgage? MCAN Mortgage's mailing address is 200 King St W Suite 600, TORONTO, ON M5H 3T4, Canada. The company can be reached via phone at +1-416-5724880. This page was last updated on 6/4/2020 by MarketBeat.com Staff
