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TSE:MRG.UN

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

Morguard North American Residential Real Estate Investment Trust logo
C$17.27 +0.06 (+0.35%)
As of 05/2/2025 04:00 PM Eastern

About Morguard North American Residential Real Estate Investment Trust Stock (TSE:MRG.UN)

Key Stats

Today's Range
C$17.12
C$17.47
50-Day Range
C$15.58
C$17.67
52-Week Range
C$14.75
C$19.53
Volume
12,317 shs
Average Volume
49,841 shs
Market Capitalization
C$641.58 million
P/E Ratio
4.57
Dividend Yield
4.28%
Price Target
C$23.00
Consensus Rating
Buy

Company Overview

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management. The REIT's portfolio is comprised of 13,089 residential suites and 229,500 square feet of commercial area (as of October 24, 2023) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $4.0 billion at September 30, 2023.

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MRG.UN Stock News Headlines

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MRG.UN Stock Analysis - Frequently Asked Questions

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 0.7% and is now trading at C$17.27.
View the best growth stocks for 2025 here
.

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
Industry
REIT - Residential
Sub-Industry
N/A
Current Symbol
TSE:MRG.UN
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$23.00
High Stock Price Target
C$23.00
Low Stock Price Target
C$23.00
Potential Upside/Downside
+33.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Trailing P/E Ratio
4.57
Forward P/E Ratio
12.44
P/E Growth
N/A
Net Income
C$139.66 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$344.99 million
Cash Flow
C$0.64 per share
Price / Cash Flow
27.19
Book Value
C$52.18 per share
Price / Book
0.33

Miscellaneous

Free Float
N/A
Market Cap
C$641.58 million
Optionable
Not Optionable
Beta
1.21
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This page (TSE:MRG.UN) was last updated on 5/3/2025 by MarketBeat.com Staff
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