Morguard North American Residential Real Estate Investment Trust (MRG.UN) Stock Price, News & Analysis

Company Overview

Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the vast majority of revenue.

Key Stats

• Today's Range: C$17.64 to C$17.92
• 50-Day Range: C$17.78 to C$19.06
• 52-Week Range: C$14.88 to C$19.30
• Volume: 83,129 shs
• Average Volume: 33,670 shs
• Market Capitalization: C$626.45 million
• P/E Ratio: 6.53
• Dividend Yield: 4.22%
• Price Target: C$22.50
• Consensus Rating: Buy

MRG.UN Stock Analysis - Frequently Asked Questions

How have MRG.UN shares performed this year?

Morguard North American Residential Real Estate Investment Trust's stock was trading at C$17.15 at the start of the year. Since then, MRG.UN shares have increased by 4.1% and is now trading at C$17.85.

How do I buy shares of Morguard North American Residential Real Estate Investment Trust?

Shares of MRG.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Residential
• Sub-Industry: N/A
• Current Symbol: TSE:MRG.UN
• CIK: N/A
• Web: www.morguard.com
• Phone: +1-905-2815923
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Morguard North American Residential Real Estate Investment Trust: C$22.50
• High Price Target: C$23.00
• Low Price Target: C$22.00
• Potential Upside/Downside: +26.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C$2.74
• Trailing P/E Ratio: 6.53
• Forward P/E Ratio: 12.86
• P/E Growth: N/A
• Net Income: C$139.66 million
• Net Margins: 40.48%
• Pretax Margin: N/A
• Return on Equity: 6.98%
• Return on Assets: 2.44%

Debt

• Debt-to-Equity Ratio: 95.54
• Current Ratio: 0.80
• Quick Ratio: 0.09

Sales & Book Value

• Annual Sales: C$352.49 million
• Price / Sales: 1.78
• Cash Flow: C$0.66 per share
• Price / Cash Flow: 27.19
• Book Value: C$52.18 per share
• Price / Book: 0.34

Miscellaneous

• Outstanding Shares: 35,095,000
• Free Float: N/A
• Market Cap: C$626.45 million
• Optionable: Not Optionable
• Beta: 0.90