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TSE:MRC

Morguard (MRC) Stock Forecast, Price & News

C$102.00
-0.54 (-0.53%)
(As of 09/26/2023 ET)
Compare
Today's Range
C$102.00
C$102.51
50-Day Range
C$102.00
C$104.66
52-Week Range
C$100.21
C$124.01
Volume
5,911 shs
Average Volume
4,220 shs
Market Capitalization
C$1.10 billion
P/E Ratio
N/A
Dividend Yield
0.59%
Price Target
C$145.00

Morguard MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
42.2% Upside
C$145.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.17mentions of Morguard in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.85 out of 5 stars


MRC stock logo

About Morguard (TSE:MRC) Stock

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.

MRC Price History

MRC Stock News Headlines

U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
MRC Allied Inc.
When Should You Buy Morguard Corporation (TSE:MRC)?
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
Closing Bell: Morguard Corp flat on Wednesday (MRC)
Morguard reports Q2 results
Closing Bell: Morguard Corp flat on Tuesday (MRC)
Closing Bell: Morguard Corp down on Monday (MRC)
Office Vacancies Across Canada Continue To Rise
Closing Bell: Morguard Corp down on Wednesday (MRC)
Closing Bell: Morguard Corp up on Tuesday (MRC)
Closing Bell: Morguard Corp up on Thursday (MRC)
Closing Bell: Morguard Corp up on Friday (MRC)
Closing Bell: Morguard Corp up on Wednesday (MRC)
Closing Bell: Morguard Corp down on Friday (MRC)
Closing Bell: Morguard Corp up on Monday (MRC)
Closing Bell: Morguard Corp down on Tuesday (MRC)
See More Headlines
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MRC Company Calendar

Ex-Dividend for 6/30 Dividend
6/14/2023
Dividend Payable
6/30/2023
Last Earnings
8/02/2023
Ex-Dividend for 9/29 Dividend
9/14/2023
Today
9/26/2023
Dividend Payable
9/29/2023
Next Earnings (Estimated)
11/01/2023

Industry, Sector and Symbol

Industry
Real Estate—Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$145.00
High Stock Price Forecast
C$145.00
Low Stock Price Forecast
C$145.00
Forecasted Upside/Downside
+42.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
C$-261,080,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.19 billion
Cash Flow
C$12.59 per share
Book Value
C$357.77 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.10 billion
Optionable
Optionable
Beta
1.11
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Key Executives

  • Mr. Kuldip Rai Sahi FCA (Age 76)
    FCGA, FCPA, Chairman & CEO
    Comp: $2.99M
  • Mr. Paul Miatello CA (Age 53)
    CPA, Sr. VP & CFO
    Comp: $564.65k
  • Ms. Angela Sahi
    Exec. VP of Residential Office and Industrial & Non-Independent Director
  • Mr. John Talano
    Sr. VP of Morguard Management
  • Mr. David Wyatt
    Sr. VP of Retail Leasing & Operations - MIL
  • Ms. Beverley Gail Flynn L.L.B.
    LLB, Sr. VP, Gen. Counsel & Sec.
  • Ms. Pamela J. McLean CA
    CPA, Sr. VP of Fin. & CFO of Services MIL
  • Mr. Andrew Tamlin CA
    CPA, Chief Financial Officer of MRT
  • Ms. Margaret Knowles
    Sr. VP of Devel. - Morguard Investments Limited
  • Brian Athey
    VP of Devel.













MRC Stock - Frequently Asked Questions

Should I buy or sell Morguard stock right now?

1 Wall Street equities 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 equities 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 forecast for 2023?

1 equities research analysts have issued 12-month price objectives for Morguard's shares. Their MRC share price forecasts range from C$145.00 to C$145.00. On average, they predict the company's share price to reach C$145.00 in the next year. This suggests a possible upside of 42.2% 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 stock has decreased by 9.3% and is now trading at C$102.00.
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 Wednesday, November 1st 2023.
View our MRC earnings forecast
.

How were Morguard's earnings last quarter?

Morguard Co. (TSE:MRC) released its earnings results on Wednesday, August, 2nd. The real estate investment trust reported $8.19 EPS for the quarter. The real estate investment trust had revenue of $306.02 million for the quarter. Morguard had a negative trailing twelve-month return on equity of 6.71% and a negative net margin of 21.93%.

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

Morguard announced a quarterly dividend on Thursday, August 3rd. Shareholders of record on Friday, September 15th will be paid a dividend of 0.15 per share on Friday, September 29th. This represents a $0.60 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend is Thursday, September 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 0.59%.
Read our dividend analysis for MRC.

What is Morguard's stock symbol?

Morguard trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MRC."

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.

What is Morguard's stock price today?

One share of MRC stock can currently be purchased for approximately C$102.00.

How much money does Morguard make?

Morguard (TSE:MRC) has a market capitalization of C$1.10 billion and generates C$1.19 billion in revenue each year. The real estate investment trust earns C$-261,080,000.00 in net income (profit) each year or C($23.46) on an earnings per share basis.

How many employees does Morguard have?

The company employs 2,600 workers across the globe.

How can I contact Morguard?

Morguard's mailing address is 55 City Centre Dr Suite 800, MISSISSAUGA, ON L5B 1M3, Canada. The official website for the company is www.morguard.com. The real estate investment trust can be reached via phone at +1-905-2813800.

This page (TSE:MRC) was last updated on 9/26/2023 by MarketBeat.com Staff

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