Morguard 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
Industry N/A
Sub-IndustryN/A
SectorN/A
CIKN/A
Phone+1-905-2815923
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date7/30/2019 (Estimated)
OptionableNot Optionable
Morguard North American (TSE:MRG) Frequently Asked Questions
What is Morguard North American's stock symbol?
Morguard North American trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MRG."
How often does Morguard North American pay dividends? What is the dividend yield for Morguard North American?
Morguard North American announced a monthly dividend on Monday, April 15th. Investors of record on Tuesday, April 30th will be given a dividend of 0.057 per share on Wednesday, May 15th. This represents a $0.68 annualized dividend and a yield of ∞. The ex-dividend date is Monday, April 29th. View Morguard North American's Dividend History.
How were Morguard North American's earnings last quarter?
Morguard North American (TSE:MRG) posted its earnings results on Tuesday, April, 30th. The company reported $0.07 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.30 by $0.23. The company earned $62.26 million during the quarter. View Morguard North American's Earnings History.
When is Morguard North American's next earnings date?
What is the consensus analysts' recommendation for Morguard North American?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Morguard North American in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Morguard North American.
Has Morguard North American been receiving favorable news coverage?
Media stories about MRG stock have been trending positive on Tuesday, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Morguard North American earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Morguard North American.
What other stocks do shareholders of Morguard North American own?
Who are Morguard North American's key executives?
Morguard North American's management team includes the folowing people:
- Kuldip Rai Sahi, Chairman of the Board of Trustees, Chief Executive Officer
- Robert D. Wright, Chief Financial Officer
- Brian Athey, Vice President - Operations, Canada
- John Talano, Vice President - Operations, U.S.
- Paul Miatello, Vice President
- Beverley G. Flynn, General Counsel, Secretary
- Avtar T. Bains, Lead Independent Trustee
- Dino Chiesa, Independent Trustee
- Mel Leiderman CPA, Independent Trustee (Age 64)
- Frank M. Munsters, Independent Trustee
How do I buy shares of Morguard North American?
Shares of MRG 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's official website?
How can I contact Morguard North American?
Morguard North American'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.
MarketBeat Community Rating for Morguard North American (TSE MRG)
MarketBeat's community ratings are surveys of what our community members think about Morguard North American and other stocks. Vote "Outperform" if you believe MRG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRG will underperform the S&P 500 over the long term. You may vote once every thirty days.
