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 23, 2018, the company owned a portfolio of 208 multi-suite residential, retail, office, industrial, and hotel properties that comprised 18,129 residential suits, approximately 16.3 million square feet of commercial leasable space, and 5,557 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.
Industry, Sector and Symbol
Stock Exchange TSE
Industry Real Estate Services
Sub-IndustryN/A
SectorReal Estate
SymbolTSE:MRC
CUSIPN/A
Phone+1-905-2813800
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins10.73%
Return on Equity4.92%
Return on Assets1.23%
Miscellaneous
EmployeesN/A
Outstanding Shares11,457,000
Market CapC$2,040.00
Morguard (TSE:MRC) Frequently Asked Questions
What is Morguard's stock symbol?
Morguard trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MRC."
How often does Morguard pay dividends? What is the dividend yield for Morguard?
Morguard declared a quarterly dividend on Tuesday, May 8th. Stockholders of record on Friday, June 15th will be paid a dividend of 0.15 per share on Friday, June 29th. This represents a $0.60 annualized dividend and a dividend yield of 0.36%. The ex-dividend date of this dividend is Thursday, June 14th. View Morguard's Dividend History.
How were Morguard's earnings last quarter?
Morguard Co. (TSE:MRC) posted its earnings results on Tuesday, May, 8th. The real estate investment trust reported $10.10 earnings per share for the quarter. The real estate investment trust earned $274.82 million during the quarter. Morguard had a net margin of 10.73% and a return on equity of 4.92%. View Morguard's Earnings History.
When is Morguard's next earnings date?
What price target have analysts set for MRC?
1 brokers have issued 12 month price targets for Morguard's stock. Their predictions range from C$200.00 to C$200.00. On average, they expect Morguard's stock price to reach C$200.00 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View Analyst Ratings for Morguard.
What is the consensus analysts' recommendation for 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."
Who are some of Morguard's key competitors?
Some companies that are related to Morguard include First Capital Realty (FCR), Colliers International Group (CIGI), Grand City Properties (GYC), FirstService (FSV), Gazit Globe (GZT), TLG Immobilien (TLG), ADO Properties (ADJ), Deutsche EuroShop (DEQ), Savills (SVS), Tricon Capital Group (TCN), CLS (CLI), Purplebricks Group (PURP), St. Modwen Properties (SMP), Wall Financial (WFC) and Adler Real Estate (ADL).
Who are Morguard's key executives?
Morguard's management team includes the folowing people:
- Mr. Kuldip Rai Sahi FCPA, FCGA, FCA, Chairman & CEO (Age 71)
- Mr. Paul Miatello CA, CPA, Chief Financial Officer (Age 48)
- Ms. Angela Sahi, Sr. VP of Corp. Devel., Asset Management & Director
- Mr. George Schott, Pres & COO of Morguard Investments Ltd.
- Mr. W. Scott MacDonald, Exec. VP of Retail Asset Management - Morguard Investments Limited
Has Morguard been receiving favorable news coverage?
Media headlines about MRC stock have trended somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Morguard earned a coverage optimism score of 0.19 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 46.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.
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$166.00.
How big of a company is Morguard?
Morguard has a market capitalization of C$2.04 billion.
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.
MarketBeat Community Rating for Morguard (TSE MRC)
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.
