About Morguard Corp (TSE:MRC)
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: 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:
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?
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?
Some companies that are related to Morguard Corp include Norbord (OSB), Tmx Group Limited (X), Genworth MI Canada (MIC), FirstService Corp (FSV), Man Group Plc (EMG), Canadian Western Bank (CWB), CV Holdings (CBF), Laurentian Bank of Canada (LB), First National Financial Corp (FN), Tricon Capital Group (TCN), Altus Group Ltd (AIF), Fiera Capital Corp (FSZ), Home Capital Group (HCG), DREAM Unlimited Corp (DRM), Alaris Royalty Corp. (AD), Guardian Capital Group (GCG), Melcor Developments (MRD) and Callidus Capital Corp (CBL).
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)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$210.00 |
Consensus Price Target History for Morguard Corp (TSE:MRC)
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 10/21/2015 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 |
|---|
| 8/10/2017 | Quarterly | $0.15 | 0.34% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 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 |
|---|
| 10/12/2017 | David King | Director | Sell | 100 | C$192.00 | C$19,200.00 | |
| 10/3/2017 | David King | Director | Sell | 300 | C$185.00 | C$55,500.00 | |
| 10/2/2017 | David King | Director | Sell | 200 | C$184.00 | C$36,800.00 | |
| 9/28/2017 | David King | Director | Sell | 200 | C$183.00 | C$36,600.00 | |
| 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)
| Source: |
|
| Date | Headline |
|---|
 | Morguard Corp (MRC) Director David King Sells 100 Shares
www.americanbankingnews.com - October 13 at 10:28 AM |
 | Morguard Corporation Announces Renewal of Normal Course Issuer Bid
finance.yahoo.com - October 5 at 8:58 AM |
| Morguard Corp (MRC) Director David King Sells 300 Shares
www.americanbankingnews.com - October 4 at 10:42 AM |
| Morguard Corp (MRC) Director Sells C$36,800.00 in Stock
www.americanbankingnews.com - October 4 at 10:42 AM |
| David King Sells 200 Shares of Morguard Corp (MRC) Stock
www.americanbankingnews.com - October 2 at 10:24 AM |
 | Value Investors: These 3 Stocks Are Trading Below Book Values - The Motley Fool Canada
www.fool.ca - September 27 at 9:32 AM |
| Morguard 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 |
| Morguard 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 |
| Morguard 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 |
| Morguard Corp (MRC) to Issue $0.15 Quarterly Dividend
www.americanbankingnews.com - September 9 at 2:16 PM |
| Morguard 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 |
| Morguard Acquires Argus Corporate Centre, Premier Class A Office Property in Oakville, ON
finance.yahoo.com - August 19 at 2:28 AM |
| Morguard Corporation Increases Ownership Position in Morguard Real Estate Investment Trust
finance.yahoo.com - August 19 at 2:27 AM |
| Morguard Corporation Announces 2017 Second Quarter Results and Regular Eligible Dividend
finance.yahoo.com - August 10 at 5:59 AM |
| Morguard Corp. :MRC-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 4 at 5:25 AM |
| Morguard Acquires Premier Class A Office Property in Markham, ON
finance.yahoo.com - August 4 at 5:25 AM |
| Canadian Commercial Investment Property Market Continues to Attract Healthy Demand as Global Economy Heats Up
finance.yahoo.com - August 2 at 6:02 AM |
 | Morguard: Canadian Real Estate Gem Continues To Impress
seekingalpha.com - May 4 at 6:43 PM |
Morguard Corp (MRC) Chart for Saturday, October, 21, 2017
