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TSE:MRG.UN

Morguard North American Residential REIT Stock Forecast, Price & News

C$14.88
-0.28 (-1.85 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
C$14.82
Now: C$14.88
C$15.19
50-Day Range
C$14.74
MA: C$15.45
C$16.04
52-Week Range
C$10.73
Now: C$14.88
C$20.98
Volume40,484 shs
Average Volume80,169 shs
Market CapitalizationC$580.31 million
P/E Ratio3.90
Dividend Yield4.61%
BetaN/A
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.
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Morguard North American Residential REIT logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.01 out of 5 stars


Industry, Sector and Symbol

Industry REIT - Residential
Sub-IndustryN/A
Current SymbolTSE:MRG.UN
CUSIPN/A
CIKN/A
Phone+1-905-2815923

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$250.60 million
Cash FlowC$0.81 per share
Book ValueC$32.65 per share

Profitability

Miscellaneous

EmployeesN/A
Market CapC$580.31 million
Next Earnings DateN/A
OptionableNot Optionable
C$14.88
-0.28 (-1.85 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Morguard North American Residential REIT (TSE:MRG.UN) Frequently Asked Questions

How has Morguard North American Residential REIT's stock price been impacted by Coronavirus (COVID-19)?

Morguard North American Residential REIT's stock was trading at C$17.52 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MRG.UN stock has decreased by 15.1% and is now trading at C$14.88.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Morguard North American Residential REIT?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Morguard North American Residential REIT in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Morguard North American Residential REIT
.

What price target have analysts set for MRG.UN?

2 Wall Street analysts have issued twelve-month price targets for Morguard North American Residential REIT's stock. Their forecasts range from C$19.00 to C$20.00. On average, they expect Morguard North American Residential REIT's stock price to reach C$19.67 in the next year. This suggests a possible upside of 32.2% from the stock's current price.
View analysts' price targets for Morguard North American Residential REIT
.

Who are some of Morguard North American Residential REIT's key competitors?

Who are Morguard North American Residential REIT's key executives?

Morguard North American Residential REIT's management team includes the following people:
  • Mr. Kuldip Rai Sahi FCPA, FCGA, FCA, Chairman & CEO (Age 72)
  • Mr. Christopher A. Newman, Chief Financial Officer
  • Mr. Robert D. Wright CPA, VP
  • Mr. Sanjay Ratejay, VP of Operations
  • Ms. Beverley Gail Flynn L.L.B., LLB, Sr. VP, Gen. Counsel & Sec.

What is Morguard North American Residential REIT's stock symbol?

Morguard North American Residential REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MRG.UN."

How do I buy shares of Morguard North American Residential REIT?

Shares of MRG.UN 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 North American Residential REIT's stock price today?

One share of MRG.UN stock can currently be purchased for approximately C$14.88.

How big of a company is Morguard North American Residential REIT?

Morguard North American Residential REIT has a market capitalization of C$580.31 million and generates C$250.60 million in revenue each year.

What is Morguard North American Residential REIT's official website?

The official website for Morguard North American Residential REIT is www.morguard.com.

How can I contact Morguard North American Residential REIT?

Morguard North American Residential REIT's mailing address is 1000-55 City Centre Dr, MISSISSAUGA, ON L5B 1M3, Canada. The company can be reached via phone at +1-905-2815923.

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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