TSE:MRG.UNMorguard North American Residential REIT Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Morguard North American Residential REIT Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$14.49 +0.04 (+0.28 %) (As of 05/28/2020 03:14 PM ET) Add Compare Share Today's RangeC$14.44Now: C$14.49▼C$14.7250-Day RangeC$12.57MA: C$13.87▼C$14.9452-Week RangeC$10.73Now: C$14.49▼C$20.98Volume10,687 shsAverage Volume34,809 shsMarket CapitalizationC$564.94 millionP/E Ratio3.33Dividend Yield5.26%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendInsider TradesHeadlinesSocial Media 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 Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingMorguard North American Residential REIT has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$20.70, Morguard North American Residential REIT has a potential upside of 42.9% from its current price of C$14.49.Amount of Analyst CoverageMorguard North American Residential REIT has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesMorguard North American Residential REIT has received 156 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMorguard North American Residential REIT has received 169 “underperform” votes. (Add your “underperform” vote.)Community SentimentMorguard North American Residential REIT has received 52.00% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Morguard North American Residential REIT and other stocks. Vote “Outperform” if you believe MRG.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MRG.UN will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipMorguard North American Residential REIT is a leading dividend payer. It pays a dividend yield of 5.26%, 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.Dividend CoverageThe dividend payout ratio of Morguard North American Residential REIT is 16.07 %. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Morguard North American Residential REIT insiders have not sold or bought any company stock. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Morguard North American Residential REIT are expected to decrease by -100.00% in the coming year, from C$2.34 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Morguard North American Residential REIT is 3.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Morguard North American Residential REIT is 3.33, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.11.Price to Book Value per Share RatioMorguard North American Residential REIT has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.03 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry REIT - Residential Sub-IndustryN/A SectorReal Estate Current SymbolTSE:MRG.UN Previous Symbol CUSIPN/A CIKN/A Webwww.morguard.com Phone+1-905-2815923Debt Debt-to-Equity Ratio116.89 Current Ratio0.48 Quick Ratio0.28Price-To-Earnings Trailing P/E Ratio3.33 Forward P/E Ratio6.19 P/E GrowthN/A Sales & Book Value Annual SalesC$246.72 million Price / Sales2.29 Cash FlowC$0.57 per share Price / Cash Flow25.58 Book ValueC$33.11 per share Price / Book0.44Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares38,988,400Market CapC$564.94 million Next Earnings DateN/A OptionableNot Optionable TSX:MRG.UN Rates by TradingView Receive MRG.UN News and Ratings via Email Sign-up to receive the latest news and ratings for MRG.UN and its competitors with MarketBeat's FREE daily newsletter. Morguard North American Residential REIT (TSE:MRG.UN) Frequently Asked Questions How has Morguard North American Residential REIT's stock been impacted by COVID-19 (Coronavirus)? 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 (WHO). Since then, MRG.UN shares have decreased by 17.3% and is now trading at C$14.49. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Morguard North American Residential REIT? 4 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 3 buy ratings 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? 4 analysts have issued 1 year price objectives for Morguard North American Residential REIT's stock. Their forecasts range from C$18.00 to C$23.00. On average, they anticipate Morguard North American Residential REIT's share price to reach C$20.70 in the next twelve months. This suggests a possible upside of 42.9% from the stock's current price. View analysts' price targets for Morguard North American Residential REIT. Has Morguard North American Residential REIT been receiving favorable news coverage? Media stories about MRG.UN stock have trended very negative on Thursday, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Morguard North American Residential REIT earned a coverage optimism score of -3.8 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutMorguard North American Residential REIT. Who are some of Morguard North American Residential REIT's key competitors? Some companies that are related to Morguard North American Residential REIT include Northview Apartment REIT (NVU.UN), Interrent Real Estate Investment Trust (IIP.UN), Killam Apartment REIT (KMP.UN), Boardwalk REIT (BEI.UN), Ingenia Communities Group (INA), Pure Multi-Family REIT (RUF.UN), Minto Apartment Real Estate Invt Trust (MI.UN), Empiric Student Property (ESP), Bluerock Residential Growth REIT (BRG), US Masters Residential Property Fund Unit (URF), Sigma Capital Group (SGM), KCR Residential Reit (KCR), CIVS SOCI / RED PREF (CSHC), First Real Estate Investment Trust of NJ (FREVS) and Interrent Real Estate Investment Trust (IBVA). View all 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 OfficerMr. Robert D. Wright CPA, VPMr. Sanjay Ratejay, VP of OperationsMs. 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$14.49. How big of a company is Morguard North American Residential REIT? Morguard North American Residential REIT has a market capitalization of C$564.94 million and generates C$246.72 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 5/28/2020 by MarketBeat.com Staff
