TSE:MRG.UN - Morguard North American Residential REIT Stock Price, News, & Analysis

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C$16.20 -0.11 (-0.67 %)
(As of 10/18/2018 03:37 AM ET)
Previous CloseC$16.31
Today's RangeC$16.17 - C$16.35
52-Week RangeC$13.17 - C$16.21
Volume26,118 shs
Average Volume34,809 shs
Market CapitalizationC$466.95 million
P/E RatioN/A
Dividend Yield4.76%
Beta0.42
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.

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Industry, Sector and Symbol

Stock Exchange TSE
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolTSE:MRG.UN
CUSIPN/A
Phone+1-905-2815923

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins177.90%
Return on Equity47.67%
Return on Assets15.53%

Miscellaneous

EmployeesN/A
Outstanding Shares33,680,000
Market CapC$466.95 million

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

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."

What price target have analysts set for MRG.UN?

3 analysts have issued 1-year price objectives for Morguard North American Residential REIT's stock. Their predictions range from C$17.00 to C$18.00. On average, they anticipate Morguard North American Residential REIT's stock price to reach C$17.67 in the next year. This suggests a possible upside of 9.1% from the stock's current price. View Analyst Price Targets for Morguard North American Residential REIT.

What is the consensus analysts' recommendation for Morguard North American Residential REIT?

3 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Morguard North American Residential REIT.

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

Morguard North American Residential REIT'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 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$16.20.

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

Morguard North American Residential REIT has a market capitalization of C$466.95 million.

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

The official website for Morguard North American Residential REIT is http://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.


MarketBeat Community Rating for Morguard North American Residential REIT (TSE MRG.UN)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  123 (Vote Outperform)
Underperform Votes:  122 (Vote Underperform)
Total Votes:  245
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.
This page was last updated on 10/18/2018 by MarketBeat.com Staff

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