Morguard North American Residential REIT Stock Price, News & Analysis (TSE:MRG.UN) C$13.29 -0.06 (-0.45%) (As of 11/29/2023 ET) Add Compare Share Share Today's RangeC$13.27▼C$13.4950-Day RangeC$13.11▼C$15.9052-Week RangeC$13.08▼C$18.97Volume45,450 shsAverage Volume29,126 shsMarket CapitalizationC$501.70 millionP/E RatioN/ADividend Yield5.57%Price TargetC$22.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades Morguard North American Residential REIT MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside65.5% UpsideC$22.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.00Based on 2 Articles This WeekInsider TradingAcquiring SharesC$247,198 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.44 out of 5 stars 3.5 Analyst's Opinion Consensus RatingMorguard North American Residential REIT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$22.00, Morguard North American Residential REIT has a forecasted upside of 65.5% from its current price of C$13.29.Amount of Analyst CoverageMorguard North American Residential REIT has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MRG.UN. Previous Next 1.7 Dividend Strength Dividend LeadershipMorguard North American Residential REIT is a leading dividend payer. It pays a dividend yield of 5.49%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMorguard North American Residential REIT does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MRG.UN. Previous Next 2.8 News and Social Media Coverage News SentimentMorguard North American Residential REIT has a news sentiment score of 1.00. 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 0.43 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Morguard North American Residential REIT this week, compared to 0 articles on an average week.MarketBeat FollowsOnly 1 people have added Morguard North American Residential REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Morguard North American Residential REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$247,198.00 in company stock and sold C$0.00 in company stock.Percentage Held by Insiders24.69% of the stock of Morguard North American Residential REIT is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 9.19% of the stock of Morguard North American Residential REIT is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Morguard North American Residential REIT is -21.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Morguard North American Residential REIT is -21.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMorguard North American Residential REIT has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Morguard North American Residential REIT Stock (TSE:MRG.UN)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. Its portfolio consists of 13,236 residential suites (as of February 12, 2019) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $2.8 billion at December 31, 2018.Read More MRG.UN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRG.UN Stock News HeadlinesNovember 26, 2023 | americanbankingnews.comMorguard North American Residential REIT (TSE:MRG.UN) Insider Buys C$247,198.08 in StockOctober 27, 2023 | msn.comThis 5% Dividend Stock Pays Cash Every Month!November 30, 2023 | Edge On The Street (Ad)Gold Could Be Heading for Record Highs - But How to Play It?According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold. August 30, 2023 | msn.com3 Stocks You Can Confidently Invest $500 in Right NowJune 15, 2023 | finance.yahoo.comMorguard North American Residential REIT Declares June 2023 Distribution of $0.06 per UnitMay 15, 2023 | ca.finance.yahoo.comMorguard North American Residential REIT Declares May 2023 Distribution of $0.06 per UnitMay 5, 2023 | finance.yahoo.comMorguard North American Residential Real Estate Investment Trust Announces Voting Results from the 2023 Annual Meeting of UnitholdersApril 27, 2023 | theglobeandmail.comClosing Bell: Morguard Na Residential REIT Units up on Thursday (MRG-UN)November 30, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. 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Please read the offering circular at invest.autonomix.comApril 27, 2023 | msn.comMorguard North American Residential REIT reports Q1 resultsApril 25, 2023 | finance.yahoo.comMorguard North American Residential REIT Announces 2023 First Quarter ResultsApril 19, 2023 | theglobeandmail.comClosing Bell: Morguard Na Residential REIT Units down on Tuesday (MRG-UN)April 15, 2023 | theglobeandmail.comClosing Bell: Morguard Na Residential REIT Units up on Friday (MRG-UN)April 14, 2023 | ca.finance.yahoo.comMorguard North American Residential REIT Declares April 2023 Distribution of $0.06 per UnitMarch 29, 2023 | finance.yahoo.comMorguard North American Residential REIT Completes Acquisition of a Class A Multi-Suite Residential High-Rise in Downtown ChicagoMarch 9, 2023 | ca.finance.yahoo.comMORGUARD NORTH AMERICAN RESIDENTIAL REIT ANNOUNCES COMPLETION OF ITS PREVIOUSLY ANNOUNCED PUBLIC OFFERING OF $50 MILLION OF CONVERTIBLE DEBENTURESFebruary 14, 2023 | finance.yahoo.comMorguard North American Residential REIT Announces 2022 ResultsFebruary 7, 2023 | fool.ca2 Top Residential REITs to Buy in February 2023January 9, 2023 | theglobeandmail.comMonday’s Insider Report: Trustee invests over $350,000 in this REIT with a nearly 30% upside forecastJanuary 1, 2023 | msn.comHow to Invest in Real Estate in 2023 (Even if Rates Keep Climbing)December 15, 2022 | ca.finance.yahoo.comMorguard North American Residential REIT Declares December 2022 Distribution of $0.06 per UnitNovember 15, 2022 | ca.finance.yahoo.comMorguard North American Residential REIT Declares November 2022 Distribution of $0.06 per UnitOctober 25, 2022 | ca.finance.yahoo.comMorguard North American Residential REIT Announces 2022 Third Quarter Results and an Increase to Monthly Cash DistributionOctober 14, 2022 | ca.finance.yahoo.comMorguard North American Residential REIT Declares October 2022 Distribution of $0.0583 per UnitSeptember 27, 2022 | yahoo.comMorguard North American Residential REIT Completes Acquisition of Rockville Town Square in Rockville, MarylandSeptember 24, 2022 | seekingalpha.comARR.PC ARMOUR Residential REIT, Inc. 7% SER C CUM PFDSeptember 11, 2022 | reuters.comMRG_u.TO - Morguard North American Residential REIT | Stock Price & Latest News | ReutersSee More Headlines Receive MRG.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Morguard North American Residential REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE Industry REIT - Residential Sub-IndustryN/A SectorReal Estate Current SymbolTSE:MRG.UN CUSIPN/A CIKN/A Webwww.morguard.com Phone+1-905-2815923FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price TargetC$22.00 High Stock Price TargetC$23.50 Low Stock Price TargetC$20.00 Potential Upside/Downside+65.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.62) Trailing P/E RatioN/A Forward P/E Ratio24.94 P/E GrowthN/ANet IncomeC$-24,630,000.00 Net Margins-7.63% Pretax MarginN/A Return on Equity-0.91% Return on Assets2.25% Debt Debt-to-Equity Ratio93.71 Current Ratio0.35 Quick Ratio0.09 Sales & Book Value Annual SalesC$322.88 million Price / Sales1.55 Cash FlowC$0.49 per share Price / Cash Flow27.19 Book ValueC$49.10 per share Price / Book0.27Miscellaneous Outstanding Shares37,750,000Free FloatN/AMarket CapC$501.70 million OptionableNot Optionable Beta1.09 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Kuldip Rai Sahi FCPA (Age 72)FCGA, FCA, Chairman & CEO Mr. Christopher A. NewmanChief Financial OfficerMr. Robert D. Wright CPAVPMr. Sanjay RatejayVP of OperationsMs. Beverley Gail Flynn L.L.B.LLB, Sr. VP, Gen. Counsel & Sec.Key CompetitorsMinto Apartment Real Estate Invt TrustTSE:MI.UNBsr Real Estate Investment TrustTSE:HOM.UFlagship Communities Real Estate Investment TrustTSE:MHC.UNPure Multi-Family REITTSE:RUF.UNEuropean Residential Real Estate Investment TrustTSE:ERE-UNView All CompetitorsInsidersSime ArmoyanBought 2,400 shares on 11/23/2023Total: C$247,198.08 ($103.00/share)View All Insider Transactions MRG.UN Stock Analysis - Frequently Asked Questions Should I buy or sell Morguard North American Residential REIT stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Morguard North American Residential REIT in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MRG.UN shares. View MRG.UN analyst ratings or view top-rated stocks. What is Morguard North American Residential REIT's stock price target for 2024? 3 Wall Street research analysts have issued 12 month price targets for Morguard North American Residential REIT's shares. Their MRG.UN share price targets range from C$20.00 to C$23.50. On average, they predict the company's share price to reach C$22.00 in the next year. This suggests a possible upside of 65.5% from the stock's current price. View analysts price targets for MRG.UN or view top-rated stocks among Wall Street analysts. How have MRG.UN shares performed in 2023? Morguard North American Residential REIT's stock was trading at C$16.20 at the beginning of the year. Since then, MRG.UN stock has decreased by 18.0% and is now trading at C$13.29. View the best growth stocks for 2023 here. Is Morguard North American Residential REIT a good dividend stock? Morguard North American Residential REIT (TSE:MRG.UN) pays an annual dividend of C$0.74 per share and currently has a dividend yield of 5.49%. MRG.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for MRG.UN. How do I buy shares of Morguard North American Residential REIT? 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.Compare Top Brokerages Here. This page (TSE:MRG.UN) was last updated on 11/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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