Morguard 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: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:MRC
- CUSIP: N/A
- Web: www.morguard.com
Capitalization:- Market Cap: C$2.22 billion
- Outstanding Shares: 11,899,000
Average Prices:- 50 Day Moving Avg: C$186.68
- 200 Day Moving Avg: C$181.85
- 52 Week Range: C$158.17 - C$197.50
P/E:- Trailing P/E Ratio: 11.38
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: C$948.08 million
- Price / Sales: 2.34
- Book Value: C$240.77 per share
- Price / Book: 0.77
Dividend:
Profitability:- EBIDTA: C$438.96 million
- Net Margins: 11.98%
- Return on Equity: 2.20%
- Return on Assets: 1.36%
Misc:- Average Volume: 1,633 shs.
- Short Ratio: 1.16
Frequently Asked Questions for Morguard Corp (TSE:MRC)
What is Morguard Corp's stock symbol?
Morguard Corp trades on the Tornton Stock Exchange (TSX) under the ticker symbol "MRC."
Where is Morguard Corp's stock going? Where will Morguard Corp's stock price be in 2017?
1 equities research analysts have issued twelve-month price targets for Morguard Corp's stock. Their forecasts range from C$200.00 to C$210.00. On average, they expect Morguard Corp's stock price to reach C$205.00 in the next year. View Analyst Ratings for Morguard Corp.
Who are some of Morguard Corp's key competitors?
Some companies that are related to Morguard Corp include Maple Leaf Foods (MFI), Finning International (FTT), Linamar (LNR), Ritchie Bros. Auctioneers (RBA), Northland Power (NPI), Winpak (WPK), Spin Master Corp (TOY), Cogeco Communications (CCA), Peyto Exploration & Development Corp (PEY), Tmx Group Limited (X), B2Gold Corp. (BTO), Stantec (STN), Toromont Industries Ltd (TIH), Tahoe Resources (THO), TransAlta Renewables (RNW), Element Fleet Management Corp (EFN), Pan American Silver Corp. (PAAS) and Amaya (AYA).
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$186.53.
MarketBeat Community Rating for Morguard Corp (TSE MRC)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.
Consensus Ratings for Morguard Corp (TSE:MRC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | C$205.00 |
Analysts' Ratings History for Morguard Corp (TSE:MRC)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 3/22/2017 | Royal Bank Of Canada | Boost Price Target | Sector Perform | C$205.00 -> C$210.00 |  |
| 8/15/2016 | CIBC | Boost Price Target | | C$180.00 -> C$200.00 | |
(Data available from 6/25/2015 forward)
Earnings History for Morguard Corp (TSE:MRC)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Morguard Corp (TSE:MRC)Current Year EPS Consensus Estimate: $12.01 EPS
Dividend History by Quarter for Morguard Corp (TSE MRC)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/11/2015 | Quarterly | $0.15 | 0.39% | 6/11/2015 | 6/30/2015 | 6/30/2015 |
| 3/6/2015 | Quarterly | $0.12 | 0.4% | 3/12/2015 | 3/16/2015 | 3/31/2015 |
| 12/11/2014 | Quarterly | $0.15 | 0.4% | 12/11/2014 | 12/31/2014 | 12/31/2014 |
| 8/13/2014 | quarterly | $0.15 | 0.42% | 9/11/2014 | 9/15/2014 | 9/30/2014 |
| 5/13/2014 | Quarterly | $0.14 | 0.41% | 6/12/2014 | 6/16/2014 | 6/30/2014 |
| 3/6/2014 | quarterly | $0.14 | 0.47% | 3/12/2014 | 3/14/2014 | 3/31/2014 |
| 12/12/2013 | Quarterly | $0.15 | 0.48% | 12/12/2013 | 12/31/2013 | 12/31/2013 |
| 11/7/2013 | | $0.14 | | 12/12/2013 | 12/16/2013 | 12/31/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Morguard Corp (TSE:MRC)Insider Trades by Quarter for Morguard Corp (TSE:MRC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 12/16/2015 | David King | Director | Sell | 100 | C$134.00 | C$13,400.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Morguard Corp (TSE:MRC)
Latest Headlines for Morguard Corp (TSE:MRC)
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Morguard Corp (MRC) Chart for Sunday, June, 25, 2017
