Morguard (MRC) Stock Price, News & Analysis C$105.27 -3.19 (-2.94%) (As of 12/11/2023 ET) Add Compare Share Share Today's RangeC$105.27▼C$106.0150-Day RangeC$100.54▼C$108.4652-Week RangeC$100.05▼C$124.01Volume1,268 shsAverage Volume3,966 shsMarket CapitalizationC$1.14 billionP/E RatioN/ADividend Yield0.57%Price TargetC$135.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Morguard MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside28.2% UpsideC$135.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.91 out of 5 stars 3.0 Analyst's Opinion Consensus RatingMorguard has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$135.00, Morguard has a forecasted upside of 28.2% from its current price of C$105.27.Amount of Analyst CoverageMorguard has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MRC. Previous Next 0.0 Dividend Strength Dividend YieldMorguard has a dividend yield of 0.56%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMorguard does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MRC. Previous Next 3.3 News and Social Media Coverage News SentimentMorguard has a news sentiment score of 1.98. 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 0.57 average news sentiment score of Real Estate companies.Search Interest7 people have searched for MRC on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Morguard insiders have not sold or bought any company stock.Percentage Held by Insiders61.34% of the stock of Morguard is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 5.00% of the stock of Morguard is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Morguard is -3.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Morguard is -3.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMorguard has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Morguard Stock (TSE:MRC)Morguard Corporation, a real estate investment and management company, engages in acquires, owns, and develops multi-suite residential, commercial, and hotel properties in Canada and the United States. The company offers real estate management services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; real estate investment advisory services; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors. It owns a portfolio of asset comprising multi-suite residential, retail, office, industrial, and hotel properties, including residential suites, commercial leasable space, and hotel rooms. The company is headquartered in Mississauga, Canada. Morguard Corporation operates as a subsidiary of Paros Enterprises Limited.Read More MRC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRC Stock News HeadlinesDecember 4, 2023 | finance.yahoo.comMorguard Celebrates Prestigious Win at the 2023 FRPO MAC AwardsNovember 28, 2023 | finance.yahoo.comCanada's Multi-Suite Residential and Industrial Real Estate Poised for Continued Strength in 2024: MorguardDecember 11, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 27, 2023 | finance.yahoo.comMorguard Corporation (TSE:MRC) insiders have significant skin in the game with 63% ownershipNovember 14, 2023 | finance.yahoo.comCanadian Commercial Real Estate Market Remains Steady in Q3 2023: MorguardNovember 10, 2023 | morningstar.comMineral Commodities Ltd MRCNovember 1, 2023 | finance.yahoo.comMorguard Corporation Announces 2023 Third Quarter Results and Regular Eligible DividendOctober 26, 2023 | finance.yahoo.comOne Morguard Insider Raised Stake By 21% In Previous YearDecember 11, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.October 14, 2023 | theglobeandmail.comMorguard: Top 10 Undervalued Real Estate Industry Stocks (MRC)October 5, 2023 | finance.yahoo.comMorguard (TSE:MRC) shareholders have endured a 41% loss from investing in the stock five years agoSeptember 26, 2023 | finance.yahoo.comMorguard Announces Completion of $175 Million Offering of 9.5% Series H Senior Unsecured DebenturesSeptember 26, 2023 | finance.yahoo.comInvestors Remain Confident Amid U.S. Multi Suite Residential Sales Slowdown: MorguardSeptember 22, 2023 | finance.yahoo.comMorguard Announces $175 Million Offering of 9.5% Series H Senior Unsecured DebenturesSeptember 21, 2023 | wsj.comMRC Allied Inc.September 20, 2023 | finance.yahoo.comMorguard Welcomes Ferragamo's Newest Canadian Boutique to The Colonnade in Bloor-YorkvilleAugust 15, 2023 | finance.yahoo.comCanada's Multi-Suite Residential Sector Records Steady Growth in Q2 2023: MorguardAugust 10, 2023 | finance.yahoo.comWhen Should You Buy Morguard Corporation (TSE:MRC)?August 7, 2023 | theglobeandmail.comClosing Bell: Morguard Corp flat on Wednesday (MRC)August 3, 2023 | seekingalpha.comMorguard reports Q2 resultsJuly 22, 2023 | theglobeandmail.comMorguard: Stocks Undervalued by Analyst Consensus on TSX (MRC)July 19, 2023 | theglobeandmail.comClosing Bell: Morguard Corp flat on Tuesday (MRC)June 29, 2023 | finance.yahoo.comActively Pursuing Sustainability: Morguard Releases 2022 Sustainability ReportJune 27, 2023 | theglobeandmail.comClosing Bell: Morguard Corp down on Monday (MRC)June 6, 2023 | ca.finance.yahoo.comOffice Vacancies Across Canada Continue To RiseMay 17, 2023 | theglobeandmail.comClosing Bell: Morguard Corp down on Wednesday (MRC)May 17, 2023 | theglobeandmail.comClosing Bell: Morguard Corp up on Tuesday (MRC)See More Headlines Receive MRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Morguard and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/29 Dividend9/14/2023Dividend Payable9/29/2023Last Earnings11/01/2023Today12/11/2023Ex-Dividend for 12/29 Dividend12/14/2023Dividend Payable12/29/2023Next Earnings (Estimated)2/22/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Real Estate - Diversified Sub-IndustryN/A SectorReal Estate Current SymbolTSE:MRC CUSIPN/A CIKN/A Webwww.morguard.com Phone+1-905-2813800FaxN/AEmployees2,600Year FoundedN/APrice Target and Rating Average Stock Price TargetC$135.00 High Stock Price TargetC$135.00 Low Stock Price TargetC$135.00 Potential Upside/Downside+28.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C($28.96) Trailing P/E RatioN/A Forward P/E Ratio4.38 P/E GrowthN/ANet IncomeC$-322,410,000.00 Net Margins-26.75% Pretax MarginN/A Return on Equity-7.97% Return on Assets2.78% Debt Debt-to-Equity Ratio141.18 Current Ratio0.19 Quick Ratio0.13 Sales & Book Value Annual SalesC$1.21 billion Price / Sales0.94 Cash FlowC$12.99 per share Price / Cash Flow8.10 Book ValueC$361.80 per share Price / Book0.29Miscellaneous Outstanding Shares10,810,000Free FloatN/AMarket CapC$1.14 billion OptionableNot Optionable Beta1.12 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Kuldip Rai Sahi FCA (Age 76)FCGA, FCPA, Chairman & CEO Comp: $2.99MMr. Paul Miatello CA (Age 53)CPA, Senior VP & CFO Comp: $564.65kMs. Angela SahiExecutive VP of Residential Office and Industrial & Non-Independent DirectorMr. John TalanoSenior Vice President of Morguard ManagementMr. David WyattSenior Vice President of Retail Leasing & Operations - MILMs. Beverley Gail Flynn L.L.B.Senior VP, General Counsel & SecretaryMs. Pamela J. McLean CACPA, Senior VP of Finance & CFO of Services MILMr. Andrew Tamlin CACPA, Chief Financial Officer of MRTMs. Margaret KnowlesSenior Vice President of Development - Morguard Investments LimitedBrian AtheyVice President of DevelopmentMore ExecutivesKey CompetitorsNorthWest Health Prop Real Est Inv TrustTSE:NWH.UNMainstreet EquityTSE:MEQCrombie Real Estate Investment TrustTSE:CRR.UNDream UnlimitedTSE:DRMCT Real Estate Investment TrustTSE:CRT.UNView All Competitors MRC Stock Analysis - Frequently Asked Questions Should I buy or sell Morguard stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Morguard in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MRC, but not buy additional shares or sell existing shares. View MRC analyst ratings or view top-rated stocks. What is Morguard's stock price target for 2024? 1 analysts have issued twelve-month target prices for Morguard's shares. Their MRC share price targets range from C$135.00 to C$135.00. On average, they predict the company's stock price to reach C$135.00 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price. View analysts price targets for MRC or view top-rated stocks among Wall Street analysts. How have MRC shares performed in 2023? Morguard's stock was trading at C$112.46 at the beginning of 2023. Since then, MRC shares have decreased by 6.4% and is now trading at C$105.27. View the best growth stocks for 2023 here. When is Morguard's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our MRC earnings forecast. How were Morguard's earnings last quarter? Morguard Co. (TSE:MRC) released its quarterly earnings data on Wednesday, November, 1st. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter. The real estate investment trust earned $312.36 million during the quarter. Morguard had a negative net margin of 26.75% and a negative trailing twelve-month return on equity of 7.97%. How often does Morguard pay dividends? What is the dividend yield for Morguard? Morguard announced a quarterly dividend on Wednesday, November 1st. Shareholders of record on Friday, December 15th will be paid a dividend of 0.15 per share on Friday, December 29th. This represents a $0.60 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend is Thursday, December 14th. Read our dividend analysis for MRC. Is Morguard a good dividend stock? Morguard (TSE:MRC) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 0.56%. Read our dividend analysis for MRC. What other stocks do shareholders of Morguard own? Based on aggregate information from My MarketBeat watchlists, some companies that other Morguard investors own include Allied Properties Real Estate Investment (AP.UN), Artis Real Estate Investment Trust Unit (AX.UN), Boardwalk REIT (BEI.UN), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Canadian Apartment Properties REIT (CAR.UN), Cominar REIT (CUF.UN), Dream Office Real Estate Investment Trst (D.UN), Dorel Industries (DII.B) and Ensign Energy Services (ESI). How do I buy shares of Morguard? Shares of MRC 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.Compare Top Brokerages Here. This page (TSE:MRC) was last updated on 12/11/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Morguard Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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