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TSE:MRG.UN

Morguard North American Residential REIT Stock Forecast, Price & News

C$16.88
-0.67 (-3.82%)
(As of 01/21/2022 12:00 AM ET)
Add
Compare
Today's Range
C$16.84
C$17.51
50-Day Range
C$16.88
C$19.16
52-Week Range
C$14.65
C$19.50
Volume
83,587 shs
Average Volume
34,937 shs
Market Capitalization
C$657.73 million
P/E Ratio
4.82
Dividend Yield
3.99%
Beta
N/A
30 days | 90 days | 365 days | Advanced Chart
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Morguard North American Residential REIT logo

About Morguard North American Residential REIT

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.

Headlines

Affordability Crisis Worsens: Home Ownership Costs Rise to 47.5%
December 30, 2021 |  ca.finance.yahoo.com
Morguard North American Residential REIT Un
July 16, 2021 |  barrons.com
See More Headlines

Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
C$230.58 million
Cash Flow
C$0.50 per share
Book Value
C$35.39 per share

Profitability

Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
C$657.73 million
Optionable
Not Optionable

MarketRank

Overall MarketRank

2.38 out of 5 stars

Analyst Opinion: 3.3Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -












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

Is Morguard North American Residential REIT a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Morguard North American Residential REIT in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Morguard North American Residential REIT stock.
View analyst ratings for Morguard North American Residential REIT
or view top-rated stocks.

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

Morguard North American Residential REIT's stock was trading at C$17.52 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MRG.UN stock has decreased by 3.7% and is now trading at C$16.88.
View which stocks have been most impacted by COVID-19
.

Is Morguard North American Residential REIT a good dividend stock?

Morguard North American Residential REIT pays an annual dividend of C$0.70 per share and currently has a dividend yield of 3.99%. MRG.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Morguard North American Residential REIT is 19.98%. This payout ratio is at a healthy, sustainable level, below 75%.
View Morguard North American Residential REIT's dividend history.

What price target have analysts set for MRG.UN?

4 equities research analysts have issued 1-year target prices for Morguard North American Residential REIT's shares. Their forecasts range from C$21.00 to C$22.00. On average, they anticipate Morguard North American Residential REIT's share price to reach C$21.60 in the next twelve months. This suggests a possible upside of 28.0% from the stock's current price.
View analysts' price targets for Morguard North American Residential REIT
or view top-rated stocks among Wall Street analysts.

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 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.

What is Morguard North American Residential REIT's stock price today?

One share of MRG.UN stock can currently be purchased for approximately C$16.88.

How much money does Morguard North American Residential REIT make?

Morguard North American Residential REIT has a market capitalization of C$657.73 million and generates C$230.58 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.

Where are Morguard North American Residential REIT's headquarters?

Morguard North American Residential REIT is headquartered at 1000-55 City Centre Dr, MISSISSAUGA, ON L5B 1M3, Canada.

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 1/21/2022 by MarketBeat.com Staff

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