TSE:MRC

Morguard Co. (MRC.TO) Stock Forecast, Price & News

C$115.64

+0.37 (+0.32 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

C$115.00

Now: C$115.64▼

C$116.25

50-Day Range

C$113.22

MA: C$116.23▼

C$128.49

52-Week Range

C$95.05

Now: C$115.64▼

C$212.99

Volume2,769 shs

Average Volume5,370 shs

Market CapitalizationC$1.29 billion

P/E Ratio26.92

Dividend Yield0.52%

BetaN/A

Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops real estate properties in Canada and the United States. As of February 20, 2020, the company owned a portfolio of 207 multi-suite residential, retail, office, industrial, and hotel properties that comprised 17,637 residential suites, approximately 17.2 million square feet of commercial leasable space, and 5,903 hotel rooms. It also offers real estate management services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; real estate advisory services; and investment products across equity, fixed-income, and balanced portfolios to institutional clients and private investors. The company is headquartered in Mississauga, Canada. Morguard Corporation is a subsidiary of Paros Enterprises Limited.

MarketRank^™

Overall MarketRank^™

1.58 out of 5 stars

3.0 Analyst's Opinion

Consensus Rating
Morguard Co. (MRC.TO) 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/Downside
According to analysts' consensus price target of C$177.50, Morguard Co. (MRC.TO) has a forecasted upside of 53.5% from its current price of C$115.64.
Amount of Analyst Coverage
Morguard Co. (MRC.TO) has received no research coverage in the past 90 days.

2.8 Community Rank

Outperform Votes
Morguard Co. (MRC.TO) has received 148 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Morguard Co. (MRC.TO) has received 112 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Morguard Co. (MRC.TO) has received 56.92% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Morguard Co. (MRC.TO) and other stocks. Vote “Outperform” if you believe MRC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MRC will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Morguard Co. (MRC.TO) has a dividend yield of 0.52%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Morguard Co. (MRC.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Morguard Co. (MRC.TO) is 13.97%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Morguard Co. (MRC.TO) insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Morguard Co. (MRC.TO) is 26.92, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.30.
Price to Earnings Ratio vs. Sector
The P/E ratio of Morguard Co. (MRC.TO) is 26.92, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 79.51.
Price to Book Value per Share Ratio
Morguard Co. (MRC.TO) has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Real Estate Services

Sub-IndustryN/A

SectorReal Estate

Current SymbolTSE:MRC

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.morguard.com

Phone+1-905-2813800

EmployeesN/A

Debt

Debt-to-Equity Ratio157.33

Current Ratio0.30

Quick Ratio0.26

Price-To-Earnings

Trailing P/E Ratio26.92

Forward P/E Ratio18.71

P/E GrowthN/A

Sales & Book Value

Annual SalesC$1.16 billion

Price / Sales1.11

Cash FlowC$20.78 per share

Price / Cash Flow5.56

Book ValueC$313.30 per share

Price / Book0.37

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares11,152,000

Market CapC$1.29 billion

Next Earnings Date2/18/2021 (Estimated)

OptionableOptionable

C$115.64

+0.37 (+0.32 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Morguard Co. (MRC.TO) (TSE:MRC) Frequently Asked Questions

How has Morguard Co. (MRC.TO)'s stock been impacted by COVID-19 (Coronavirus)?

Morguard Co. (MRC.TO)'s stock was trading at C$192.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MRC stock has decreased by 39.9% and is now trading at C$115.64.
View which stocks have been most impacted by COVID-19.

Is Morguard Co. (MRC.TO) a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Morguard Co. (MRC.TO) 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" Morguard Co. (MRC.TO) stock. 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 analyst ratings for Morguard Co. (MRC.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Morguard Co. (MRC.TO)?

Wall Street analysts have given Morguard Co. (MRC.TO) a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Morguard Co. (MRC.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Morguard Co. (MRC.TO)'s next earnings date?

Morguard Co. (MRC.TO) is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Morguard Co. (MRC.TO).

How were Morguard Co. (MRC.TO)'s earnings last quarter?

Morguard Co. (MRC.TO) (TSE:MRC) posted its quarterly earnings data on Thursday, November, 5th. The real estate investment trust reported ($0.42) earnings per share for the quarter. The real estate investment trust had revenue of $251.47 million for the quarter.
View Morguard Co. (MRC.TO)'s earnings history.

How often does Morguard Co. (MRC.TO) pay dividends? What is the dividend yield for Morguard Co. (MRC.TO)?

Morguard Co. (MRC.TO) announced a quarterly dividend on Thursday, November 5th. Stockholders of record on Tuesday, December 15th will be paid a dividend of 0.15 per share on Thursday, December 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Monday, December 14th.
View Morguard Co. (MRC.TO)'s dividend history.

Is Morguard Co. (MRC.TO) a good dividend stock?

Morguard Co. (MRC.TO) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 0.52%. The dividend payout ratio of Morguard Co. (MRC.TO) is 13.97%. This payout ratio is at a healthy, sustainable level, below 75%.
View Morguard Co. (MRC.TO)'s dividend history.

What price target have analysts set for MRC?

1 Wall Street analysts have issued 12-month price objectives for Morguard Co. (MRC.TO)'s shares. Their forecasts range from C$175.00 to C$180.00. On average, they expect Morguard Co. (MRC.TO)'s share price to reach C$177.50 in the next twelve months. This suggests a possible upside of 53.5% from the stock's current price.
View analysts' price targets for Morguard Co. (MRC.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Morguard Co. (MRC.TO)'s key competitors?

Some companies that are related to Morguard Co. (MRC.TO) include Colliers International Group Inc. (CIGI.TO) (CIGI), First Capital Realty (FCR.UN), TLG Immobilien AG (TLG.F) (TLG), Tricon Residential Inc. (TCN.TO) (TCN), ADLER Group S.A. (ADJ.F) (ADJ), Savills plc (SVS.L) (SVS), Deutsche EuroShop AG (DEQ.F) (DEQ), ADLER Real Estate AG (ADL.F) (ADL), CLS Holdings plc (CLI.L) (CLI), St. Modwen Properties PLC (SMP.L) (SMP), Wall Financial Co. (WFC.TO) (WFC), Mountview Estates P.L.C. (MTVW.L) (MTVW), CORESTATE Capital Holding S.A. (CCAP.F) (CCAP), Purplebricks Group plc (PURP.L) (PURP) and Lok'nStore Group Plc (LOK.L) (LOK).
View all of MRC's competitors.

What other stocks do shareholders of Morguard Co. (MRC.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Morguard Co. (MRC.TO) 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.TO) (BMO), The Bank of Nova Scotia (BNS.TO) (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 Inc. (ESI.TO) (ESI).

Who are Morguard Co. (MRC.TO)'s key executives?

Morguard Co. (MRC.TO)'s management team includes the following people:

Mr. Kuldip Rai Sahi FCPA, FCGA, FCA, Chairman & CEO (Age 74, Pay $2.92M)
Mr. Paul Miatello CA, CPA, Sr. VP & CFO (Age 51, Pay $488.07k)
Ms. Angela Sahi, Sr. VP of Corp. Devel. & Director
Mr. W. Scott MacDonald, Exec. VP of Retail Asset Management - Morguard Investments Limited
Mr. Gordon Paul Vollmer, Exec. VP of Office & Industrial Asset Management - Morguard Investments Limited
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 CPA, CA, CFO of Morguard REIT & Sr. VP of Fin. and CFO of Morguard Investments Ltd.
Ms. Margaret Knowles, Sr. VP of Devel. - Morguard Investments Limited

What is Morguard Co. (MRC.TO)'s stock symbol?

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

How do I buy shares of Morguard Co. (MRC.TO)?

Shares of MRC 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 is Morguard Co. (MRC.TO)'s stock price today?

One share of MRC stock can currently be purchased for approximately C$115.64.

How big of a company is Morguard Co. (MRC.TO)?

Morguard Co. (MRC.TO) has a market capitalization of C$1.29 billion and generates C$1.16 billion in revenue each year.

What is Morguard Co. (MRC.TO)'s official website?

The official website for Morguard Co. (MRC.TO) is www.morguard.com.

How can I contact Morguard Co. (MRC.TO)?

Morguard Co. (MRC.TO)'s mailing address is 55 City Centre Dr Suite 800, MISSISSAUGA, ON L5B 1M3, Canada. The real estate investment trust can be reached via phone at +1-905-2813800.

This page was last updated on 1/23/2021 by MarketBeat.com Staff

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