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TSE:MRCMorguard Stock Price, Forecast & News

C$121.06
-0.97 (-0.79 %)
(As of 07/15/2020 06:56 AM ET)
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Today's Range
C$121.06
Now: C$121.06
C$122.67
50-Day Range
C$115.00
MA: C$127.72
C$150.01
52-Week Range
C$114.18
Now: C$121.06
C$219.48
Volume1,332 shs
Average Volume4,190 shs
Market CapitalizationC$1.36 billion
P/E Ratio7.31
Dividend Yield0.49%
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.8Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.70 out of 5 stars


Industry, Sector and Symbol

Industry Real Estate Services
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-905-2813800

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$1.24 billion
Cash FlowC$17.52 per share
Book ValueC$327.37 per share

Profitability

Miscellaneous

EmployeesN/A
Market CapC$1.36 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 (WHO). Since then, MRC shares have decreased by 37.1% and is now trading at C$121.06. 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) released its 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 announced a quarterly dividend on Friday, June 12th. Investors of record on Tuesday, June 30th will be paid a dividend of 0.15 per share on Tuesday, June 30th. This represents a $0.60 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date is Friday, June 12th. View Morguard's dividend history.

What price target have analysts set for MRC?

1 Wall Street analysts have issued twelve-month price objectives for Morguard's stock. Their forecasts range from C$180.00 to C$195.00. On average, they anticipate Morguard's share price to reach C$187.50 in the next twelve months. This suggests a possible upside of 54.9% from the stock's current price. View analysts' price targets for Morguard.

Has Morguard been receiving favorable news coverage?

News stories about MRC stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Morguard earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Morguard.

Who are some of Morguard's key competitors?

What other stocks do shareholders of Morguard own?

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$121.06.

How big of a company is Morguard?

Morguard has a market capitalization of C$1.36 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 7/15/2020 by MarketBeat.com Staff

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