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$18.30 to C$18.66
• 50-Day Range: C$17.81 to C$19.06
• 52-Week Range: C$14.88 to C$19.46
• Volume: 15,883 shs
• Average Volume: 35,513 shs
• Market Capitalization: C$645.05 million
• P/E Ratio: 6.72
• Dividend Yield: 4.10%
• Price Target: C$22.50
• Consensus Rating: Buy

Morguard North American Residential Real Estate Investment Trust Stock Analysis - MarketRank™

Morguard North American Residential Real Estate Investment Trust scored higher than 77% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Morguard North American Residential Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Morguard North American Residential Real Estate Investment Trust has a consensus price target of C$22.50, representing about 22.4% upside from its current price of C$18.38.

Amount of Analyst Coverage

Morguard North American Residential Real Estate Investment Trust has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Morguard North American Residential Real Estate Investment Trust is 6.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of Morguard North American Residential Real Estate Investment Trust is 6.72, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 259.04.

Price to Book Value per Share Ratio

Morguard North American Residential Real Estate Investment Trust 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.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MRG.UN.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Morguard North American Residential Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 4.07%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Morguard North American Residential Real Estate Investment Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Morguard North American Residential Real Estate Investment Trust is 27.54%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for MRG.UN.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: N/A

News Sentiment

Morguard North American Residential Real Estate Investment Trust has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Morguard North American Residential Real Estate Investment Trust this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for MRG.UN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Morguard North American Residential Real Estate Investment Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$562,739.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

26.42% of the stock of Morguard North American Residential Real Estate Investment Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 3.93% of the stock of Morguard North American Residential Real Estate Investment Trust is held by institutions.

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 on January 1st, 2025. Since then, MRG.UN shares have increased by 7.2% and is now trading at C$18.38.

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: +22.4%
• 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: 6.72
• Forward P/E Ratio: 13.24
• 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: 1.83
• Cash Flow: C$0.68 per share
• Price / Cash Flow: 27.19
• Book Value: C$52.18 per share
• Price / Book: 0.35

Miscellaneous

• Outstanding Shares: 35,095,000
• Free Float: N/A
• Market Cap: C$645.05 million
• Optionable: Not Optionable
• Beta: 1.01