Morguard Corp Company Profile (TSE:MRC)

About Morguard Corp (TSE:MRC)

Morguard Corp logoMorguard Corp is a Canada-based real estate investment company. The Company is engaged in the acquisition, development and ownership of commercial, multi-unit residential and hotel real estate properties. It is also a real estate investment advisors and a management company. The Company and its subsidiaries, including Morguard Residential REIT and Morguard REIT, owns a portfolio of over 175 multi-unit residential, retail, office, industrial and hotel properties located in Canada and in the United States. The Company's multi-suite residential portfolios consist over 20 Canadian properties and 30 United States properties. The Company, through its wholly owned subsidiary, Morguard Investments Limited, provides real estate management services to Canadian institutional investors. The Company's services include acquisitions, development, dispositions, leasing, performance measurement, and asset and property management.

Industry, Sector and Symbol:
  • Sector: Financial
  • Industry: Property Management
  • Sub-Industry: N/A
  • Symbol: TSE:MRC
  • CUSIP: N/A
  • Web: www.morguard.com
Capitalization:
  • Market Cap: C$2.28 billion
  • Outstanding Shares: 11,858,000
Average Prices:
  • 50 Day Moving Avg: C$182.13
  • 200 Day Moving Avg: C$182.85
  • 52 Week Range: C$166.39 - C$197.50
P/E:
  • Trailing P/E Ratio: 8.63
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$1.11 billion
  • Price / Sales: 2.05
  • Book Value: C$251.04 per share
  • Price / Book: 0.76
Dividend:
  • Dividend Yield: 0.3%
Profitability:
  • EBITDA: C$572.29 million
  • Net Margins: 65.13%
  • Return on Equity: 20.77%
  • Return on Assets: 7.48%
Misc:
  • Average Volume: 2,690 shs.
  • Short Ratio: 2.15
 

Frequently Asked Questions for Morguard Corp (TSE:MRC)

What is Morguard Corp's stock symbol?

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

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

Morguard Corp declared a quarterly dividend on Thursday, August 10th. Stockholders of record on Friday, September 15th will be given a dividend of 0.15 per share on Friday, September 29th. This represents a $0.60 annualized dividend and a dividend yield of 0.31%. The ex-dividend date of this dividend is Thursday, September 14th. View Morguard Corp's Dividend History.

When will Morguard Corp make its next earnings announcement?

Morguard Corp is scheduled to release their next quarterly earnings announcement on Friday, November, 10th 2017. View Earnings Estimates for Morguard Corp.

Where is Morguard Corp's stock going? Where will Morguard Corp's stock price be in 2017?

1 brokers have issued 1 year target prices for Morguard Corp's shares. Their predictions range from C$210.00 to C$210.00. On average, they anticipate Morguard Corp's share price to reach C$210.00 in the next year. View Analyst Ratings for Morguard Corp.

Who are some of Morguard Corp's key competitors?

Who are Morguard Corp's key executives?

Morguard Corp's management team includes the folowing people:

  • Kuldip Rai Sahi, Chairman of the Board, Chief Executive Officer
  • David A. King, Vice Chairman of the Board and corporate director
  • Paul Miatello, Chief Financial Officer
  • Robert D. Wright, Vice President
  • Beverley G. Flynn, General Counsel, Secretary
  • Andrew T. Edmundson, Director
  • Chris J. Cahill, Independent Director
  • Timothy John Murphy, Independent Director
  • Michael S. Robb, Independent Director
  • Bruce K. Robertson CPA, Independent Director

How do I buy Morguard Corp stock?

Shares of Morguard Corp 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 Morguard Corp's stock price today?

One share of Morguard Corp stock can currently be purchased for approximately C$192.00.


MarketBeat Community Rating for Morguard Corp (TSE MRC)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  31 (Vote Outperform)
Underperform Votes:  33 (Vote Underperform)
Total Votes:  64
MarketBeat's community ratings are surveys of what our community members think about Morguard Corp 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.

Analyst Ratings

Consensus Ratings for Morguard Corp (TSE:MRC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$210.00
Consensus Price Target History for Morguard Corp (TSE:MRC)
Price Target History for Morguard Corp (TSE:MRC)
Analysts' Ratings History for Morguard Corp (TSE:MRC)
Show:
DateFirmActionRatingPrice TargetDetails
3/22/2017Royal Bank Of CanadaBoost Price TargetSector PerformC$205.00 -> C$210.00View Rating Details
8/15/2016CIBCBoost Price TargetC$180.00 -> C$200.00View Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Morguard Corp (TSE:MRC)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Morguard Corp (TSE:MRC)
Current Year EPS Consensus Estimate: $12.01 EPS

Dividends

Dividend History by Quarter for Morguard Corp (TSE MRC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/10/2017Quarterly$0.150.34%9/14/20179/15/20179/29/2017
6/11/2015Quarterly$0.150.39%6/11/20156/30/20156/30/2015
3/6/2015Quarterly$0.120.4%3/12/20153/16/20153/31/2015
12/11/2014Quarterly$0.150.4%12/11/201412/31/201412/31/2014
8/13/2014quarterly$0.150.42%9/11/20149/15/20149/30/2014
5/13/2014Quarterly$0.140.41%6/12/20146/16/20146/30/2014
3/6/2014quarterly$0.140.47%3/12/20143/14/20143/31/2014
12/12/2013Quarterly$0.150.48%12/12/201312/31/201312/31/2013
11/7/2013$0.1412/12/201312/16/201312/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Morguard Corp (TSE:MRC)
Insider Trades by Quarter for Morguard Corp (TSE:MRC)
Insider Trades by Quarter for Morguard Corp (TSE:MRC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/12/2017David KingDirectorSell100C$192.00C$19,200.00
10/3/2017David KingDirectorSell300C$185.00C$55,500.00
10/2/2017David KingDirectorSell200C$184.00C$36,800.00
9/28/2017David KingDirectorSell200C$183.00C$36,600.00
12/16/2015David KingDirectorSell100C$134.00C$13,400.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Morguard Corp (TSE:MRC)
Latest Headlines for Morguard Corp (TSE:MRC)
Source:
DateHeadline
americanbankingnews.com logoMorguard Corp (MRC) Director David King Sells 100 Shares
www.americanbankingnews.com - October 13 at 10:28 AM
finance.yahoo.com logoMorguard Corporation Announces Renewal of Normal Course Issuer Bid
finance.yahoo.com - October 5 at 8:58 AM
americanbankingnews.com logoMorguard Corp (MRC) Director David King Sells 300 Shares
www.americanbankingnews.com - October 4 at 10:42 AM
americanbankingnews.com logoMorguard Corp (MRC) Director Sells C$36,800.00 in Stock
www.americanbankingnews.com - October 4 at 10:42 AM
americanbankingnews.com logoDavid King Sells 200 Shares of Morguard Corp (MRC) Stock
www.americanbankingnews.com - October 2 at 10:24 AM
fool.ca logoValue Investors: These 3 Stocks Are Trading Below Book Values - The Motley Fool Canada
www.fool.ca - September 27 at 9:32 AM
finance.yahoo.com logoMorguard Corp. breached its 50 day moving average in a Bullish Manner : MRC-CA : September 18, 2017
finance.yahoo.com - September 18 at 11:23 PM
finance.yahoo.com logoMorguard and Big Brothers Big Sisters Launch Second Annual BeYou Campaign to Help Young Women Increase Self-Esteem, Personal Growth and Self-Worth
finance.yahoo.com - September 18 at 11:23 PM
finance.yahoo.com logoMorguard Corp. : MRC-CA: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : September 14, 2017
finance.yahoo.com - September 14 at 9:14 PM
americanbankingnews.com logoMorguard Corp (MRC) to Issue $0.15 Quarterly Dividend
www.americanbankingnews.com - September 9 at 2:16 PM
finance.yahoo.com logoMorguard Corp. breached its 50 day moving average in a Bearish Manner : MRC-CA : August 28, 2017
finance.yahoo.com - August 28 at 3:15 PM
finance.yahoo.com logoMorguard Acquires Argus Corporate Centre, Premier Class A Office Property in Oakville, ON
finance.yahoo.com - August 19 at 2:28 AM
finance.yahoo.com logoMorguard Corporation Increases Ownership Position in Morguard Real Estate Investment Trust
finance.yahoo.com - August 19 at 2:27 AM
finance.yahoo.com logoMorguard Corporation Announces 2017 Second Quarter Results and Regular Eligible Dividend
finance.yahoo.com - August 10 at 5:59 AM
finance.yahoo.com logoMorguard Corp. :MRC-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 4 at 5:25 AM
finance.yahoo.com logoMorguard Acquires Premier Class A Office Property in Markham, ON
finance.yahoo.com - August 4 at 5:25 AM
finance.yahoo.com logoCanadian Commercial Investment Property Market Continues to Attract Healthy Demand as Global Economy Heats Up
finance.yahoo.com - August 2 at 6:02 AM
seekingalpha.com logoMorguard: Canadian Real Estate Gem Continues To Impress
seekingalpha.com - May 4 at 6:43 PM

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Chart

Morguard Corp (MRC) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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