MCAN 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:
Capitalization:- Market Cap: C$346.72 million
- Outstanding Shares: 23,223,000
Average Prices:- 50 Day Moving Avg: C$14.82
- 200 Day Moving Avg: C$14.72
- 52 Week Range: C$13.10 - C$15.35
P/E:- Trailing P/E Ratio: 8.11
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: C$66.59 million
- Price / Sales: 5.21
- Book Value: C$12.30 per share
- Price / Book: 1.21
Dividend:
Profitability:- Net Margins: 39.77%
- Return on Equity: 14.51%
- Return on Assets: 1.82%
Misc:- Average Volume: 34,041 shs.
- Short Ratio: 57.75
Frequently Asked Questions for MCAN Mortgage (TSE:MKP)
What is MCAN Mortgage's stock symbol?
MCAN Mortgage trades on the Tornton Stock Exchange (TSX) under the ticker symbol "MKP."
Where is MCAN Mortgage's stock going? Where will MCAN Mortgage's stock price be in 2017?
1 analysts have issued twelve-month price objectives for MCAN Mortgage's stock. Their predictions range from C$15.00 to C$15.00. On average, they expect MCAN Mortgage's stock price to reach C$15.00 in the next twelve months. View Analyst Ratings for MCAN Mortgage.
Who are some of MCAN Mortgage's key competitors?
Some companies that are related to MCAN Mortgage include Stornoway Diamond (SWY), Premier Gold Mines (PG), Richmont Mines (RIC), Trilogy Energy Corp (TET), Major Drilling Group Int'l (MDI), Avigilon Corp (AVO), AGT Food and Ingredients (AGT), Crew Energy (CR), Acasta Enterprises (AEF), Canada Goose Holdings (GOOS), Alacer Gold Corp (ASR), DREAM Unlimited Corp (DRM), Rogers Sugar (RSI), Canaccord Genuity Group (CF), Theratechnologies (TH), Savaria (SIS), Bonterra Energy Corp (BNE) and Sprott (SII).
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$14.93.
MarketBeat Community Rating for MCAN Mortgage (TSE MKP)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.
Consensus Ratings for MCAN Mortgage (TSE:MKP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | C$15.00 |
Analysts' Ratings History for MCAN Mortgage (TSE:MKP)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 8/16/2016 | National Bank Financial | Boost Price Target | Sector Perform | C$14.50 -> C$15.00 |  |
| 3/1/2016 | Scotiabank | Lower Price Target | Sector Perform | C$14.25 -> C$14.00 | |
(Data available from 7/27/2015 forward)
Earnings History for MCAN Mortgage (TSE:MKP)Earnings History by Quarter for MCAN Mortgage (TSE MKP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/8/2014 | | $0.45 | $0.36 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for MCAN Mortgage (TSE:MKP)2017 EPS Consensus Estimate: $1.56
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.36 | $0.38 | $0.37 |
| Q2 2017 | 2 | $0.38 | $0.44 | $0.41 |
| Q3 2017 | 2 | $0.38 | $0.39 | $0.39 |
| Q4 2017 | 1 | $0.39 | $0.39 | $0.39 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for MCAN Mortgage (TSE MKP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/11/2015 | Quarterly | $0.28 | 8.72% | 6/11/2015 | 6/30/2015 | 6/30/2015 |
| 3/12/2015 | Quarterly | $0.28 | 8.04% | 3/12/2015 | 3/31/2015 | 3/31/2015 |
| 12/11/2014 | Quarterly | $0.28 | 7.68% | 12/11/2014 | 1/2/2015 | 1/2/2015 |
| 8/13/2014 | quarterly | $0.28 | 7.4% | 9/12/2014 | 9/16/2014 | 9/30/2014 |
| 6/12/2014 | Quarterly | $0.28 | 7.8% | 6/12/2014 | 6/30/2014 | 6/30/2014 |
| 3/13/2014 | Quarterly | $0.28 | 8.42% | 3/13/2014 | 3/31/2014 | 3/31/2014 |
| 11/13/2013 | quarterly | $0.28 | 8.48% | 12/12/2013 | 12/16/2013 | 1/2/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for MCAN Mortgage (TSE:MKP)Insider Trades by Quarter for MCAN Mortgage (TSE:MKP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/25/2017 | Ian Sutherland | Insider | Buy | 4,100 | C$13.99 | C$57,359.00 | |
| 5/24/2017 | Ian Sutherland | Insider | Buy | 900 | C$13.98 | C$12,582.00 | |
| 5/24/2017 | Loraine Mcintosh | Director | Buy | 1,000 | C$14.00 | C$14,000.00 | |
| 5/17/2017 | Gleb Ioussoufovitch | Director | Buy | 1,500 | C$14.00 | C$21,000.00 | |
| 5/11/2017 | Loraine Mcintosh | Director | Buy | 1,750 | C$14.00 | C$24,500.00 | |
| 4/11/2017 | Paco Lai | Insider | Sell | 500 | C$15.05 | C$7,525.00 | |
| 4/6/2017 | Gleb Ioussoufovitch | Director | Buy | 400 | C$14.99 | C$5,996.00 | |
| 4/3/2017 | Gleb Ioussoufovitch | Director | Buy | 10 | C$14.95 | C$149.50 | |
| 3/23/2017 | Gleb Ioussoufovitch | Director | Buy | 12 | C$14.95 | C$179.40 | |
| 3/7/2017 | Brydon Cruise | Director | Buy | 360 | C$15.10 | C$5,436.00 | |
| 1/11/2017 | Paco Lai | Insider | Sell | 1,000 | C$14.43 | C$14,430.00 | |
| 9/7/2016 | Raymond Dor� | Insider | Sell | 3,900 | C$14.82 | C$57,798.00 | |
| 7/7/2016 | Ian Sutherland | Director | Buy | 5,000 | C$14.16 | C$70,800.00 | |
| 7/7/2016 | Raymond Dor� | Insider | Sell | 9,684 | C$14.15 | C$137,028.60 | |
| 7/6/2016 | Raymond Dor� | Insider | Sell | 10,000 | C$14.12 | C$141,200.00 | |
| 3/28/2016 | Ian Sutherland | Director | Buy | 4,400 | C$12.90 | C$56,760.00 | |
| 3/28/2016 | Raymond Dor� | Insider | Sell | 4,100 | C$12.95 | C$53,095.00 | |
| 3/24/2016 | Gleb Ioussoufovitch | Director | Buy | 32 | C$12.92 | C$413.44 | |
| 3/18/2016 | Ian Sutherland | Director | Buy | 477 | C$12.94 | C$6,172.38 | |
| 3/18/2016 | Raymond Dor� | Insider | Sell | 4,000 | C$12.95 | C$51,800.00 | |
| 3/16/2016 | Raymond Dor� | Insider | Sell | 3,600 | C$12.95 | C$46,620.00 | |
| 3/8/2016 | Raymond Dor� | Insider | Sell | 1,900 | C$13.20 | C$25,080.00 | |
| 3/7/2016 | Raymond Dor� | Insider | Sell | 7,000 | C$13.15 | C$92,050.00 | |
| 3/3/2016 | Raymond Dor� | Insider | Sell | 2,500 | C$12.80 | C$32,000.00 | |
| 3/2/2016 | Brydon Cruise | Director | Buy | 725 | C$12.69 | C$9,200.25 | |
| 3/2/2016 | Raymond Dor� | Insider | Sell | 600 | C$12.70 | C$7,620.00 | |
| 3/1/2016 | Raymond Dor� | Insider | Sell | 5,000 | C$12.55 | C$62,750.00 | |
| 1/13/2016 | Brydon Cruise | Director | Buy | 10,000 | C$11.60 | C$116,000.00 | |
| 1/5/2016 | Raymond Dor� | Insider | Sell | 5,000 | C$12.60 | C$63,000.00 | |
| 12/15/2015 | Brydon Cruise | Director | Buy | 13,750 | C$11.85 | C$162,937.50 | |
| 12/8/2015 | Brydon Cruise | Director | Buy | 10,000 | C$12.45 | C$124,500.00 | |
| 12/1/2015 | Raymond Dor� | Insider | Sell | 5,000 | C$12.79 | C$63,950.00 | |
| 11/30/2015 | Raymond Dor� | Insider | Sell | 5,000 | C$12.90 | C$64,500.00 | |
| 11/20/2015 | Brydon Cruise | Director | Buy | 9,000 | C$12.87 | C$115,830.00 | |
| 11/19/2015 | Raymond Dor� | Insider | Sell | 5,000 | C$12.63 | C$63,142.00 | |
| 11/18/2015 | Raymond Dor� | Insider | Sell | 5,000 | C$12.73 | C$63,652.00 | |
| 11/18/2015 | Verna Cuthbert | Director | Buy | 1,000 | C$12.80 | C$12,800.00 | |
| 11/16/2015 | Raymond Dor� | Insider | Sell | 1,100 | C$12.79 | C$14,064.93 | |
| 10/14/2015 | Brydon Cruise | Director | Buy | 11,200 | C$13.19 | C$147,728.00 | |
| 10/13/2015 | Brydon Cruise | Director | Buy | 3,000 | C$13.30 | C$39,900.00 | |
| 9/17/2015 | Brydon Cruise | Director | Buy | 10,000 | C$13.18 | C$131,750.00 | |
| 9/16/2015 | Brian A Johnson | Director | Buy | 3,900 | C$13.00 | C$50,700.00 | |
| 9/14/2015 | Brydon Cruise | Director | Buy | 4,500 | C$13.14 | C$59,130.00 | |
| 9/11/2015 | Brydon Cruise | Director | Buy | 5,000 | C$13.48 | C$67,400.00 | |
| 8/21/2015 | Ian Sutherland | Director | Buy | 12,800 | C$11.70 | C$149,760.00 | |
| 8/20/2015 | Brydon Cruise | Director | Buy | 15,000 | C$11.71 | C$175,650.00 | |
| 8/19/2015 | Brydon Cruise | Director | Buy | 2,000 | C$11.75 | C$23,500.00 | |
| 8/17/2015 | Ian Sutherland | Director | Buy | 4,404 | C$11.47 | C$50,513.88 | |
| 7/18/2015 | Derek Sutherland | Insider | Buy | 1,811 | C$10.90 | C$19,739.90 | |
| 7/10/2015 | Brydon Cruise | Director | Buy | 7,071 | C$10.90 | C$77,073.90 | |
| 7/7/2015 | Ian Sutherland | Director | Buy | 10,000 | C$11.78 | C$117,800.00 | |
| 7/6/2015 | Ian Sutherland | Director | Buy | 5,000 | C$11.90 | C$59,500.00 | |
| 6/30/2015 | Brydon Cruise | Director | Buy | 4,000 | C$12.24 | C$48,940.00 | |
| 6/29/2015 | Derek Sutherland | Insider | Buy | 21,732 | C$0.10 | C$2,173.20 | |
| 6/26/2015 | Ian Sutherland | Director | Buy | 147,500 | C$0.11 | C$15,487.50 | |
| 6/25/2015 | Ian Sutherland | Director | Buy | 52,500 | C$0.11 | C$5,512.50 | |
| 6/24/2015 | Robert Horton | Insider | Sell | 1,404 | C$0.10 | C$140.40 | |
| 6/19/2015 | Brydon Cruise | Director | Buy | 13,300 | C$12.55 | C$166,915.00 | |
| 6/15/2015 | Ian Sutherland | Director | Buy | 50,000 | C$0.14 | C$6,750.00 | |
| 6/10/2015 | Ian Sutherland | Director | Buy | 1,100 | C$13.25 | C$14,575.00 | |
| 6/8/2015 | Jeffrey Joseph Bouganim | Insider | Buy | 2,000 | C$13.16 | C$26,315.00 | |
| 6/8/2015 | Susan Doré | Director | Sell | 1,100 | C$13.10 | C$14,410.00 | |
| 4/20/2015 | Brydon Cruise | Director | Buy | 8,900 | C$13.10 | C$116,590.00 | |
| 4/14/2015 | Ian Sutherland | Director | Buy | 5,500 | C$13.21 | C$72,655.00 | |
| 3/26/2015 | Ian Sutherland | Director | Sell | 2,000 | C$13.37 | C$26,740.00 | |
| 3/25/2015 | Ian Sutherland | Director | Sell | 2,000 | C$13.50 | C$27,000.00 | |
| 3/19/2015 | Brydon Cruise | Director | Buy | 6,000 | C$13.57 | C$81,420.00 | |
| 3/13/2015 | Brydon Cruise | Director | Buy | 8,900 | C$13.60 | C$121,040.00 | |
| 3/10/2015 | Brydon Cruise | Director | Buy | 10,000 | C$13.63 | C$136,300.00 | |
| 12/29/2014 | Ian Sutherland | Director | Sell | 2,000 | C$14.16 | C$28,320.00 | |
| 12/24/2014 | Ian Sutherland | Director | Sell | 2,000 | C$14.26 | C$28,520.00 | |
| 12/15/2014 | Raymond Dor� | Insider | Buy | 2,400 | C$14.06 | C$33,744.00 | |
| 12/12/2014 | Raymond Dor� | Insider | Buy | 5,000 | C$14.13 | C$70,661.00 | |
| 12/11/2014 | Raymond Dor� | Insider | Buy | 6,000 | C$14.24 | C$85,468.80 | |
| 12/9/2014 | Susan Doré | Director | Buy | 3,000 | C$14.59 | C$43,779.90 | |
| 11/17/2014 | Susan Dor� | Director | Buy | 1,500 | C$14.55 | C$21,825.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for MCAN Mortgage (TSE:MKP)
Latest Headlines for MCAN Mortgage (TSE:MKP)
| Source: |
|
| Date | Headline |
|---|
 | MCAN Mortgage Corp. : MKP-CA: Dividend Analysis : June 15th, 2017 (record date) : By the numbers : June 14, 2017
finance.yahoo.com - June 14 at 10:11 PM |
| MCAN Mortgage Corp. breached its 50 day moving average in a Bullish Manner : MKP-CA : June 5, 2017
finance.yahoo.com - June 5 at 9:19 AM |
| Research Reports Initiated on Financials Stocks: Equitable Group, Firm Capital Mortgage Investment, Trez Capital Mortgage Investment, and MCAN Mortgage
finance.yahoo.com - June 1 at 9:24 AM |
 | Ian Sutherland Acquires 900 Shares of MCAN Mortgage Co. (MKP) Stock
www.americanbankingnews.com - May 25 at 4:44 PM |
| MCAN Mortgage Co. (MKP) Director Buys C$14,000.00 in Stock
www.americanbankingnews.com - May 25 at 4:44 PM |
| Ian Sutherland Acquires 4,100 Shares of MCAN Mortgage Co. (MKP) Stock
www.americanbankingnews.com - May 25 at 4:44 PM |
| MCAN Mortgage Co. (MKP) Director Gleb Ioussoufovitch Acquires 1,500 Shares
www.americanbankingnews.com - May 17 at 8:34 PM |
| National Bank Financial Analysts Cut Earnings Estimates for MCAN Mortgage Co. (MKP)
www.americanbankingnews.com - May 12 at 8:10 AM |
| Insider Buying: MCAN Mortgage Co. (MKP) Director Purchases 1,750 Shares of Stock
www.americanbankingnews.com - May 11 at 8:48 PM |
| MCAN Mortgage Corporation Announces 32% Increase in First Quarter Earnings and 7% Increase to Quarterly Dividend
finance.yahoo.com - May 9 at 6:14 PM |
| Q2 2017 Earnings Estimate for MCAN Mortgage Co. Issued By National Bank Financial (MKP)
www.americanbankingnews.com - May 1 at 7:28 AM |
| FY2017 Earnings Forecast for MCAN Mortgage Co. (MKP) Issued By National Bank Financial
www.americanbankingnews.com - April 28 at 3:42 PM |
| National Bank Financial Comments on MCAN Mortgage Co.'s Q1 2017 Earnings (MKP)
www.americanbankingnews.com - April 27 at 7:27 AM |
| MCAN Mortgage Corp. breached its 50 day moving average in a Bearish Manner : MKP-CA : April 18, 2017
finance.yahoo.com - April 18 at 10:25 AM |
| MCAN Mortgage Corporation announces fourth quarter earnings and record annual net income - Yahoo Finance
finance.yahoo.com - February 24 at 7:48 PM |
| MCAN Mortgage Corporation announces fourth quarter earnings and record annual net income
finance.yahoo.com - February 24 at 7:48 PM |
| MCAN Mortgage Corporation Opens the Market
finance.yahoo.com - January 16 at 7:07 PM |
| MCAN Mortgage Corporation Reports 36% Increase in Third Quarter Earnings and Increase in Quarterly Dividend
finance.yahoo.com - November 12 at 8:48 AM |
| MCAN Mortgage Corporation announces withdrawal of initial public offering by MCAP Corporation, including secondary offering by MCAN Mortgage Corporation
finance.yahoo.com - June 29 at 6:21 PM |
 | Mortgage Finance Firm MCAP Said to Seek C$275 Million in IPO
www.bloomberg.com - June 3 at 2:52 PM |
| Mortgage Financing Firm MCAP Said to Seek C$275 Million in IPO
finance.yahoo.com - June 3 at 2:52 PM |
| MCAP Corporation Files Preliminary Prospectus for Initial Public Offering, Including a Secondary Offering of Shares Owned by MCAN Mortgage Corporation
finance.yahoo.com - May 26 at 12:16 PM |
| IIROC Trade Resumption - MKP
finance.yahoo.com - May 26 at 11:47 AM |
| MCAN Mortgage Corporation Reports 33% Increase in Fourth Quarter Earnings and Record Annual Net Income
finance.yahoo.com - February 26 at 6:48 PM |
| MCAN Mortgage Corporation Reports First Quarter Earnings and Declares Dividend
finance.yahoo.com - May 6 at 4:30 PM |
MCAN Mortgage (MKP) Chart for Thursday, July, 27, 2017
