TSE:MRCMorguard Stock Price, Forecast & News

C$115.00

-2.00 (-1.71 %)

(As of 05/26/2020 04:00 PM ET)

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Today's Range

C$115.00

Now: C$115.00▼

C$116.48

50-Day Range

C$116.00

MA: C$135.59▼

C$152.57

52-Week Range

C$115.00

Now: C$115.00▼

C$219.48

Volume5,725 shs

Average Volume4,335 shs

Market CapitalizationC$1.29 billion

P/E Ratio6.94

Dividend Yield0.51%

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 21, 2019, the company owned a portfolio of 214 multi-suite residential, retail, office, industrial, and hotel properties that comprised 18,481 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.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Morguard 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$187.50, Morguard has a potential upside of 63.0% from its current price of C$115.00.
Amount of Analyst Coverage
Morguard has only been the subject of 1 research reports in the past 90 days.

2.8 Community Rank

Outperform Votes
Morguard has received 147 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Morguard has received 111 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Morguard has received 56.98% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Morguard 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.

2.5 Dividend Strength

Dividend Leadership
Morguard is a leading dividend payer. It pays a dividend yield of 0.51%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Morguard does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Morguard is 3.62 %. 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 insiders have not sold or bought any company stock.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Morguard are expected to decrease by -100.00% in the coming year, from C$19.35 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Morguard is 6.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Morguard is 6.94, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.73.
Price to Book Value per Share Ratio
Morguard has a P/B Ratio of 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.04 out of 5 stars

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

Debt

Debt-to-Equity Ratio148.12

Current Ratio0.24

Quick Ratio0.21

Price-To-Earnings

Trailing P/E Ratio6.94

Forward P/E Ratio5.94

P/E GrowthN/A

Sales & Book Value

Annual SalesC$1.24 billion

Price / Sales1.04

Cash FlowC$17.14 per share

Price / Cash Flow6.71

Book ValueC$327.37 per share

Price / Book0.35

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares11,247,000

Market CapC$1.29 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

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Morguard (TSE:MRC) Frequently Asked Questions

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

Morguard's stock was trading at C$192.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MRC shares have decreased by 40.3% and is now trading at C$115.00. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Morguard?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Morguard in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Morguard.

When is Morguard's next earnings date?

Morguard is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Morguard.

How were Morguard's earnings last quarter?

Morguard Corp (TSE:MRC) announced its quarterly earnings results on Tuesday, May, 5th. The real estate investment trust reported $2.97 earnings per share for the quarter. The real estate investment trust earned $292.31 million during the quarter. View Morguard's earnings history.

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

Morguard declared a quarterly dividend on Thursday, March 12th. Investors of record on Tuesday, March 31st will be paid a dividend of 0.15 per share on Tuesday, March 31st. This represents a $0.60 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend is Thursday, March 12th. View Morguard's dividend history.

What price target have analysts set for MRC?

1 analysts have issued 1-year price objectives for Morguard's stock. Their forecasts range from C$180.00 to C$195.00. On average, they expect Morguard's share price to reach C$187.50 in the next year. This suggests a possible upside of 63.0% from the stock's current price. View analysts' price targets for Morguard.

Has Morguard been receiving favorable news coverage?

News headlines about MRC stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Morguard earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutMorguard.

Who are some of Morguard's key competitors?

Some companies that are related to Morguard include FirstService (FSV), First Capital Realty (FCR), Colliers International Group (CIGI), TLG Immobilien (TLG), Tricon Capital Group (TCN), Savills (SVS), ADO Properties (ADJ), United Overseas Australia (UOS), Adler Real Estate (ADL), Fangdd Network Group (DUO), Deutsche EuroShop (DEQ), CLS (CLI), Wall Financial (WFC), St. Modwen Properties (SMP) and Propertylink Group (PLG). View all competitors.

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).

Who are Morguard's key executives?

Morguard's management team includes the following people:

Mr. Kuldip Rai Sahi FCPA, FCGA, FCA, Chairman & CEO (Age 72)
Mr. Paul Miatello CA, CPA, Sr. VP & CFO (Age 49)
Ms. Angela Sahi, Sr. VP of Corp. Devel., Asset Management & Director
Mr. Gordon Paul Vollmer, Exec. VP of Office & Industrial Asset Management - Morguard Investments Limited
Bahar Seda Ikizler, Director of Group Financial Reporting & Accounting (Age 47)

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 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's stock price today?

One share of MRC stock can currently be purchased for approximately C$115.00.

How big of a company is Morguard?

Morguard has a market capitalization of C$1.29 billion and generates C$1.24 billion in revenue each year.

What is Morguard's official website?

The official website for Morguard is www.morguard.com.

How can I contact Morguard?

Morguard'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 5/26/2020 by MarketBeat.com Staff