TSE:MKP - MCAN Mortgage Stock Price, Forecast & News

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 21.8% and is now trading at C$12.08. View which stocks have been mosted impacted by Coronavirus.

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.

MCAN Mortgage is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for MCAN Mortgage.

MCAN Mortgage Co. (TSE:MKP) posted its earnings results on Wednesday, February, 26th. The company reported $0.44 EPS for the quarter. View MCAN Mortgage's earnings history.

MCAN Mortgage announced a quarterly dividend on Wednesday, February 26th. Investors of record on Friday, March 13th will be given a dividend of 0.34 per share on Monday, March 30th. This represents a $1.36 annualized dividend and a dividend yield of 11.26%. The ex-dividend date of this dividend is Thursday, March 12th. This is a positive change from MCAN Mortgage's previous quarterly dividend of $0.32. View MCAN Mortgage's dividend history.

1 Wall Street analysts have issued 12-month price targets for MCAN Mortgage's stock. Their forecasts range from C$15.50 to C$15.50. On average, they expect MCAN Mortgage's share price to reach C$15.50 in the next year. This suggests a possible upside of 28.3% from the stock's current price. View analysts' price targets for MCAN Mortgage.

News articles about MKP stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. MCAN Mortgage earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutMCAN Mortgage.

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).

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), Dollar Tree (DLTR), Royal Bank of Canada (RY), Aurora Cannabis (ACB) and Alaris Royalty (AD).

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

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.

One share of MKP stock can currently be purchased for approximately C$12.08.

MCAN Mortgage has a market capitalization of C$292.52 million and generates C$75.33 million in revenue each year. MCAN Mortgage employs 89 workers across the globe. View additional information about MCAN Mortgage.

The official website for MCAN Mortgage is http://www.mcanmortgage.com/.

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.