MCAN Mortgage (MKP) Stock Price, News & Analysis

Company Overview

MCAN Financial Group is a mortgage investment company whose objective is to generate a reliable stream of income by investing its funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of loans and investments, real estate and securitization investments. The company derives most of its revenues from mortgage income and equity income.

Key Stats

• Today's Range: C$21.63 to C$22.00
• 50-Day Range: C$20.24 to C$22.45
• 52-Week Range: C$16.70 to C$22.47
• Volume: 45,271 shs
• Average Volume: 44,646 shs
• Market Capitalization: C$859.24 million
• P/E Ratio: 11.84
• Dividend Yield: 7.38%
• Price Target: C$19.00
• Consensus Rating: Buy

MCAN Mortgage Stock Analysis - MarketRank™

MCAN Mortgage scored higher than 26% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

MCAN Mortgage has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Downside Risk

MCAN Mortgage has a consensus price target of C$19.00, representing about 12.3% downside from its current price of C$21.67.

Amount of Analyst Coverage

MCAN Mortgage has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of MCAN Mortgage is 11.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 224.02.

Price to Earnings Ratio vs. Sector

The P/E ratio of MCAN Mortgage is 11.84, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 1,355.82.

Price to Book Value per Share Ratio

MCAN Mortgage has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MKP.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

MCAN Mortgage is a leading dividend payer. It pays a dividend yield of 7.49%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

MCAN Mortgage does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of MCAN Mortgage is 87.43%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for MKP.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

MCAN Mortgage has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for MCAN Mortgage this week, compared to 1 article on an average week.

Search Interest

8 people have searched for MKP on MarketBeat in the last 30 days. This is an increase of 700% compared to the previous 30 days.

MarketBeat Follows

1 people have added MCAN Mortgage to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, MCAN Mortgage insiders have not sold or bought any company stock.

Percentage Held by Insiders

15.28% of the stock of MCAN Mortgage is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.18% of the stock of MCAN Mortgage is held by institutions.

MKP Stock Analysis - Frequently Asked Questions

How have MKP shares performed this year?

MCAN Mortgage's stock was trading at C$18.25 at the start of the year. Since then, MKP shares have increased by 18.7% and is now trading at C$21.67.

How were MCAN Mortgage's earnings last quarter?

MCAN Mortgage Co. (TSE:MKP) issued its quarterly earnings data on Monday, November, 11th. The company reported $0.70 EPS for the quarter. MCAN Mortgage had a trailing twelve-month return on equity of 15.63% and a net margin of 52.77%.

How do I buy shares of MCAN Mortgage?

Shares of MKP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of MCAN Mortgage own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MCAN Mortgage investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Magna International (MG), TELUS (T), Meta Platforms (META), Royal Bank of Canada (RY) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 11/11/2024
• Today: 10/06/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Mortgage Finance
• Sub-Industry: N/A
• Current Symbol: TSE:MKP
• CIK: N/A
• Web: www.mcanmortgage.com
• Phone: +1-416-5724880
• Fax: N/A
• Employees: 142
• Year Founded: N/A

Price Target and Rating

• Average Price Target for MCAN Mortgage: C$19.00
• High Price Target: C$19.00
• Low Price Target: C$19.00
• Potential Upside/Downside: -13.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C$1.83
• Trailing P/E Ratio: 11.96
• Forward P/E Ratio: 8.71
• P/E Growth: N/A
• Net Income: C$91.55 million
• Net Margins: 52.77%
• Pretax Margin: N/A
• Return on Equity: 15.63%
• Return on Assets: 1.71%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: 1.97

Sales & Book Value

• Annual Sales: C$129.41 million
• Price / Sales: 6.70
• Cash Flow: C$1.77 per share
• Price / Cash Flow: 12.39
• Book Value: C$15.76 per share
• Price / Book: 1.39

Miscellaneous

• Outstanding Shares: 39,651,000
• Free Float: N/A
• Market Cap: C$867.56 million
• Optionable: Not Optionable
• Beta: 0.50