Morguard North American Residential REIT Company Profile (TSE:MRG)

About Morguard North American Residential REIT (TSE:MRG)

Morguard North American Residential REIT logoMorguard North American Residential Real Estate Investment Trust (the Trust) is a real estate investment trust (REIT). The Trust's investment objectives are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of the REIT's assets and maximize long-term Unit value through active asset and property management, and expand the asset base of the REIT and increase adjusted funds from operations per Unit primarily through acquisitions and improvement of its properties through targeted deployed capital expenditures. The Trust owns multi-suite residential rental properties in Canada and the United States. The Trust owns interest in a portfolio of over 10 Canadian residential apartment buildings and approximately 30 residential walk-up garden communities in the United States, consisting of over 13,470 residential suites that are located in Alberta, Ontario, Colorado, Texas, Louisiana, Alabama, Georgia, Florida and North Carolina.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:MRG
  • CUSIP: N/A
  • Web: N/A
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: N/A
 

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

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

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

How were Morguard North American Residential REIT's earnings last quarter?

Morguard North American Residential REIT (TSE:MRG) posted its quarterly earnings data on Wednesday, August, 6th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.01. The business had revenue of $43.09 million for the quarter. View Morguard North American Residential REIT's Earnings History.

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

How do I buy Morguard North American Residential REIT stock?

Shares of Morguard North American Residential REIT 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.


MarketBeat Community Rating for Morguard North American Residential REIT (TSE:MRG)
Community Ranking:  5.0 out of 5 (    )
Outperform Votes:  3 (Vote Outperform)
Underperform Votes:  0 (Vote Underperform)
Total Votes:  3
These ratings are a survey of what our community members think about Morguard North American Residential REIT. An outperform vote indicates that you believe the stock will outperform the S&P 500 over the long term. An underperform vote indicates that you believe the stock will underperform the S&P 500.

Analyst Ratings

Consensus Ratings for Morguard North American Residential REIT (TSE:MRG) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Morguard North American Residential REIT (TSE:MRG)
Show:
DateFirmActionRatingPrice TargetDetails
2/25/2016Dundee SecuritiesUpgradeNeutral -> BuyView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Morguard North American Residential REIT (TSE:MRG)
Earnings by Quarter for Morguard North American Residential REIT (TSE:MRG)
Earnings History by Quarter for Morguard North American Residential REIT (TSE:MRG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/6/2014$0.23$0.24$43.09 millionViewN/AView Earnings Details
5/7/2014$0.22$0.23$42.76 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Morguard North American Residential REIT (TSE:MRG)
2017 EPS Consensus Estimate: $1.22
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.31$0.31$0.31
Q2 20171$0.29$0.29$0.29
Q3 20171$0.31$0.31$0.31
Q4 20171$0.31$0.31$0.31
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Morguard North American Residential REIT (TSE:MRG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Morguard North American Residential REIT (TSE:MRG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Morguard North American Residential REIT (TSE:MRG)
Latest Headlines for Morguard North American Residential REIT (TSE:MRG)
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Chart

Morguard North American Residential REIT (MRG) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff