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TSE:MKPMCAN Mortgage Stock Price, Forecast & News

C$12.96
+0.13 (+1.01 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
C$12.75
Now: C$12.96
C$13.06
50-Day Range
C$11.91
MA: C$12.90
C$13.91
52-Week Range
C$10.36
Now: C$12.96
C$17.53
Volume9,918 shs
Average Volume21,276 shs
Market CapitalizationC$316.48 million
P/E Ratio12.91
Dividend Yield10.60%
BetaN/A
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.
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Beat the Market (BTM) Rank

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

Industry Mortgage Investment
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIKN/A
Phone+1-416-5724880

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$51.35 million
Cash FlowC$2.76 per share
Book ValueC$12.90 per share

Profitability

Miscellaneous

Employees89
Market CapC$316.48 million
Next Earnings Date8/5/2020 (Estimated)
OptionableNot Optionable

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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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MKP stock has decreased by 16.1% and is now trading at C$12.96. 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 were MCAN Mortgage's earnings last quarter?

MCAN Mortgage Co. (TSE:MKP) announced its earnings results on Tuesday, May, 12th. The company reported $0.25 earnings per share for the quarter. View MCAN Mortgage's earnings history.

How often does MCAN Mortgage pay dividends? What is the dividend yield for MCAN Mortgage?

MCAN Mortgage announced 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 10.49%. 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 brokers have issued 12-month price objectives for MCAN Mortgage's shares. Their forecasts range from C$15.50 to C$15.50. On average, they anticipate MCAN Mortgage's share price to reach C$15.50 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price. View analysts' price targets for MCAN Mortgage.

Has MCAN Mortgage been receiving favorable news coverage?

Media headlines about MKP stock have been trending neutral on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MCAN Mortgage earned a news sentiment score of 0.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about MCAN Mortgage.

Who are some of MCAN Mortgage's key 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 & Securitization
  • Ms. Dipti Patel, VP & CFO
  • Mr. Carl Scott Brown, VP of Operations & Treasurer
  • Mr. 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$12.96.

How big of a company is MCAN Mortgage?

MCAN Mortgage has a market capitalization of C$316.48 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 7/12/2020 by MarketBeat.com Staff

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